Computation of commission and incentives is an extremely challenging and complex process in today’s world, and yet an essential requirement. There is a constant need for innovation in respect to managing internal and external agency commission. Flexibility is the key factor to achieve this goal. Purpleconnect Commissions & Incentive System facilitates the calculation of commissions and incentives for external agencies as well as internal members based on various events and tariff structures.

Product Highlights:
– Calculates commissions and incentives on sales for internal as well as external agencies.
– Calculation for commission/incentive triggered on happening of a particular event or result of an event.
– Definition of a multi-tiered payment structure.
– Flexibility to link multiple commission plans to single entity/user and multiple entities to a plan
– Calculation of commission/incentive at pre determined frequency as per the plan
– Amount or percentage
– Flat Value
– Range with specified minimum & maximum values
– Display of estimated commission for an application.
– Manual adjustments on calculated commission possible
– Communicate commission data eletronically with suppliers and customers.
– Integrate commission process with financial, business intelligence (BI), data warehouse (DW) and CRM.

Benefits:
– Increase revenues by employing strategic incentive/commission plans.
– Accurate calculation done avoiding overpayment or underpayment to the agencies.
– Complex commission plans can be executed with great ease and accuracy.
– Flexibility to define different calculation logics for commissions / incentive plans.