Process Commissions Efficiently with an AMS

Robust, insurance-specific commission tools can help you save valuable time and money.

Commissions processing for life and health insurance agencies can be tedious and time-consuming. The most significant factors that contribute to the extra time spent on commissions are:

Repeated manual entry of large commission statements due to lack of import capabilities
Inefficient means to track split payments between recipients
Inability to easily find and reconcile inaccurate carrier payments

AgencyBloc's Best-in-Class Commission Module

In AgencyBloc, commissions are linked to policies, individuals, and agents for a comprehensive view of everything to improve your tracking and management capabilities. This helps you work smarter and be more productive since everything is located in one easy-to-track place.

The Commission Module is built to help you efficiently process, track, and manage your commissions. Using carrier-specific mapping, carrier commission statements can quickly be imported into AgencyBloc.

From there, the commissions are linked appropriately for streamlined tracking, reporting, and analysis. This process alone has saved agencies hundreds of hours and thousands of dollars.

6 steps to processing commissions in AgencyBloc infographic

Commissions Processing Efficiencies in AgencyBloc

Within each of the six steps to processing commissions with AgencyBloc, agencies find efficiencies. AgencyBloc clients have reported:

Cutting time spent on commissions processing by 75-95%
Uncovering 100% of their missed commission payments
Spending only 1-2 hours a month on importing commission data (down from 1-2 days)

Having an efficient way to process commissions helps commission managers and analysts spend less time processing and more time guiding the agency down the right path.

Case Study

JTS Financial

Learn how JTS Financial's commission team is able to gain over 90 hours back every month, cut commissions processing time by almost 75%, and save nearly $33,000 every year.

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Process Your Agency's Commissions Efficiently & Accurately