Agent commission statements
Producer commissions computed and the statements sent
How a run goes
The steps this agent takes, in order, and what each one leaves behind.
Reads the premium transactions and the commission schedules
Computes each producer's commissions from the premium collected, the commission schedule and the chargebacks for cancellations
Computes the commissions and the chargebacks
Drafts the monthly statement per producer and flags the accounts with a rate that does not match the contract
Drafts the statements and the exceptions
Answers producer questions about a statement from the transaction detail
Works in
SAP, NetSuite, Salesforce
SAP, NetSuite, SalesforceWhat it does
- Computes each producer's commissions from the premium collected, the commission schedule and the chargebacks for cancellations
- Drafts the monthly statement per producer and flags the accounts with a rate that does not match the contract
- Answers producer questions about a statement from the transaction detail
Connects to
Need it to work differently?
Every agent can be changed: the steps it takes, the systems it uses and who approves what.