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Commission Accounting

Commission Accounting

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Commission Accounting for Life and Annuity Agencies

A Commission Accounting System allows you to track commissions/overrides and bonuses due to your agency and your agents. You can project monthly cash flow; track deals for paying overrides out of house to your top producers; know your score card to look at profitability; and measure the success of marketing campaigns. Download the Commission Accounting Playbook as a key reference guide when implementing a commission accounting and system for your agency. Click button below:

Commission Accounting Systems

APL’s cloud-based commission software takes the headache out of processing-from complex hierarchies to payroll and agent reporting. We handle the heavy lifting with automatic calculations and error-free payouts, so you can ditch the manual grind.  Supported by a dedicated team, our secure, customizable platform frees you up to focus on what really matters-growing your business.

GreenWave Commission System is an enterprise-grade SaaS solution offers the insurance industry’s only dedicated commission tracking software. It provides a secure, web-browser accessible master system of record for your critical commissions process, centralizing all carrier schedules, broker rules, overrides, and transaction data. This eliminates the need for disparate spreadsheets and reliance on individual team members, ensuring a high-performance and secure platform for all your commission management needs.

eNoah offers a specialized commission accounting system designed for IMOs, managing the entire commission lifecycle from reconciliation and reporting to data import/export and payout tracking. This unified platform features workflow and access controls, integrating seamlessly with existing systems like scan/index, payment processing, and document management. Its self-service portal allows user-configured expansions for new firms and offices, centralizing back-office operations for commission calculation, payments, financial reporting, forecasting, and statements. The platform provides various portal views for back office, finance, and field offices, and fully integrates with current infrastructure, including SSO and external data feeds like Ebix SmartOffice.

EP helps your team to do more with less. Not every hire needs to be internal, and not every addition to the team means subtracting from the team.

EP’s core value is about unlocking deeper capabilities. EP unlocks capabilities you couldn’t afford to hire and train for internally. EP subsumes the cost and time to onboard reliable support staff. Each EP line of service presents a compelling reason that EP’s team can add to your current capabilities faster and more affordably.

Tame Your Toughest Insurance Agency Back Office Headaches

Trusty Back Office Pro helps ease the pain of complicated insurance payouts, lead tracking and the overhead that goes with it.

Trusty Back Office Pro is agency management software that targets your back office tasks with seamless automation and reduces the manual work required with payroll, commissions, reports creation, and tracking your active book of business.

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Agency Integrator Commission System

Agency Integrator gives BGAs, marketing organizations, financial institutions and banks a centralized database to manage their day-to-day insurance operations. Agency Integrator users are able to track insurance transactions from pre-sale to commissions, communicate with agent customers on case status and generate comprehensive reports throughout the process.

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Ebix SmartOffice Commission Module

SmartCommissions (also referred to as the Commission Tracking Module or CTM) performs a wide range of functions within the office. CTM projects expected commissions and reports on the projections, validates expected commissions vs. received commissions, creates statements for the payment of other parties associated with the case that are not paid by the carrier, exports data to accounting packages and provides historical reporting.

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OneHQ – HQ Commissions

Commissions Accounting, Case Management, Contracting & Licensing, Imaging and Marketing all in one system makes operations a breeze. Track complex downlines and hierarchies with ease by viewing up-to-date generated charts for each record.

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