Commission Tracker is developed specifically for insurance agencies that sell group and individual benefits. You can easily manage the commissions received through a carrier and directly paid by the producers to the agencies. Commission Tracker takes care of everything around the commissions by providing you accurate reports at every operational step. Avoid using obsolete methods to track commissions on Excel spreadsheets to save your time and enhance productivity.
- Agency Commission
- Audit Management
- Commission Calculator
- Commission Management
- Commission Scheduling
- Contact Management
- Document Management
- Flat Commissions
- Insurance Policy Management
- Percentage Commissions
- Sliding Scale Commissions
- Split Commissions
- Tiered Commissions
- Deployment: Cloud Based, Web Based, SaaS Based, Installed - Mac, Installed - Windows, iPhone / iPad, Android
- In Person
- Live Online
Commission Tracker Users
- Live Support
Company Name: AmbiCom
Headquarter: United States
Overall: Saves time, makes payroll a breeze.
Pros: The Commission Tracker is very comprehensive in setting up producers and client accounts. it handles multiple splits easily so for clients with multiple agents it is very handy. While data entry is straightforward, when there are lots of commissions statements it will take a lot of time. They have an in-house data entry service that is very effective and when I switched over, it made it much easier to process commissions.
Cons: For most people it should not be a problem but the installed version runs on a Windows computer. The cloud version is a better way to run the software because there is no need to save the data locally.
Pros: This software is absolutely amazing. I could not process commissions without. We were using an excel spreadsheet to track our commissions until we just got to big and it was too hard to keep up with. We have used commission tracker for maybe 8 years or so now and it has made life so much easier. It allows us to track what we are being paid and if we are missing commissions or not getting the correct amount. Also because we have multiple agents that we pay it tracks the commission splits with so much ease. Love, Love, Love this software.
Cons: might take a little bit of a learning curve to get used to. Wish I had done some things different from the beginning because it’s too late to change them now. The way you enter info can be subjective to the person doing the entering and therefore trying to train someone else to take over is very difficult because they may not do it the same way and therefore you will end up with inconsistency.
Easy to use once the data is incorporated into the system. Execl spreadsheet quickly import to the system. The reporting section is outstanding and very useful to the agent and management. Tremendous time saver reducing a week of manual data input of Excel to just a few minutes. Exceptional service by a local tech support, not somebody in India.
The requirement to make sure the excel spreadsheet exactly meets the import requirements. The length of some of the data fields is restrictive. The program doesn’t include a balancing mechanism rechecking the commission splits with the gross commission.
What do you like best?
I like how easy it is to upload commission statements into the software. The customer support is also on point. They answer my questions and concerns efficiently. I like how customizable this software is and allows for split commissions without the confusion. The software is very strait forward.
What do you dislike?
It took me a bit to understand but thas Whith any software to be honest.