The Challenge
Manual Tools Weren't Built for Splits, Overrides, & Chargebacks
Agent payout structures are critical for any agency that has more than one agent. However, when payment structures become complex and involve too many factors (bonuses, overrides, chargebacks, splits, etc.), the process can quickly become overwhelming with manual or generic commission tools. If your team can’t accurately track agent payments, it creates a lack of trust that can hinder future growth.
Common roadblocks include:
- Using manual solutions and generic commission tools can make tracking agent payment structures difficult and time-consuming
- Lacking visibility into your earned and paid commissions impedes growth and makes agent recruitment more difficult
- Disorganized data sows discord with agents who want reliable statements breaking down their earnings each month
Our Solution
Insurance Agent Payment Tracking Software That Makes the Convoluted Straightforward
Tracking agent payments doesn’t have to be time-consuming or headache-inducing for your team. AgencyBloc’s Commissions+ solution breaks down all payments into two main categories: who to pay and how much to pay them. After that, you can apply those payout structures and hierarchies to any applicable policies — even if they require overrides, chargebacks, one-time adjustments, bonuses, etc.
- Track Agent Pay Accurately: Rate tables in Commissions+ can be built using percentages of premium, commission, or the remainder, as well as per-life and flat amounts. You can also specify time periods to account for payout structures that change over time.
- Ensure the Right Agents Get Paid for Each Policy: Tie rate tables to payees in Commissions+ to ensure the right agent gets the right pay for each policy they’re involved with in your business.
- Generate Agent Statements: Automatically generate agent statements that break down commissions earned with a customizable PDF that aligns with your agency’s brand.
- Manage Additional Payment Types: Track other revenue types and payment methods, such as bonuses, chargebacks, and overrides, to create a complete accounting profile for your agency’s book of business.
Want to see how this works in action?
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Trusted by Retail & Wholesale Agencies
What Our Clients Are Saying
"I worked at a small agency, it took the owner hours to do commissions each month, and I never really trusted that they were being paid appropriately. AgencyBloc is a HUGE weight off my shoulders. Now, I don't have to hope my commissions are being paid correctly."
Marcie S. | Capitol Benefits Group
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