Commission Tracker

Commission Tracker is a software solution designed specifically for insurance agencies to efficiently manage and track commissions paid to the agency and commissions owed to producers. According to the vendor, this solution caters to insurance agencies of all sizes and is widely adopted by professionals in the insurance industry.

Key Features

Commission Tracker Software: According to the vendor, this software enables insurance agencies to effectively manage and track commissions paid to the agency and commissions owed to producers. It provides comprehensive reports from various perspectives of the business.

Cloud-Based Software: The software operates on a cloud-based platform, according to the vendor, eliminating the need for manual downloads or updates. This allows users to access their data from anywhere with an internet connection.

Commission Processing Service: The vendor claims that their commission processing experts can handle weekly, bi-monthly, or monthly commissions for insurance agencies. The software seamlessly imports carrier statements, and comprehensive reports are generated for easy access.

Agents: The vendor states that agencies can manage all policies in one system and categorize them by product, type, client, carrier, and agent. The software enables agencies to track commissions owed to the agency and agents from an unlimited number of carriers. Additionally, it provides powerful commission reports to facilitate agent payments.

Accounts Receivable Reports: The vendor claims that agencies can generate detailed reports on accounts receivable, providing valuable insights into outstanding commissions. This feature assists agencies in effectively managing and monitoring unpaid commissions.

Book Of Business Report: According to the vendor, agencies can generate comprehensive reports on their book of business, offering a holistic view of all policies and commissions. This feature empowers agencies to analyze their business performance and identify trends.

Import Carrier Statements: The vendor claims that carrier statements can be easily imported into the software, eliminating the need for manual data entry. This feature significantly reduces the time and effort required for commission processing.

Import Policies/Agent Splits: According to the vendor, agencies can effortlessly import policies and agent splits into the software, streamlining the management and organization of policies and agent commissions. This feature optimizes the commission processing workflow.

Accessible Anywhere: The vendor claims that the software's cloud-based nature allows users to access their data from anywhere with an internet connection. This feature offers agencies the flexibility to work remotely and access commission-related information on the go.