Commission Pro™

Tracking and paying commissions to salespeople in lending institutions can become a complex, expensive and difficult to manage process. Naturally, lenders want to keep commission management expenses low, they want their sales people happy and motivated, and they want visibility into commission pay outs.

Traditionally, organizations have been ailed with managing a multitude of variable-based, complex commission sales structures using manual processes that involve Microsoft Excel and internal resources. That's why Loan-Score is offering CommissionPro™, the industry's most powerful and user efficient compensation management and tracking module on the market today.

Built based off of mortgage industry expertise and leading-edge technology, CommissionPro has been engineered to be the most robust solution on the market today. CommissionPro is designed with the specific goal of administering the costly, cumbersome commission management process ---- from accounting payout to tracking, forecasting, performance guidance, reporting and the actual payment of simple to complex compensation plans associated with commission-based sales forces. Production managers and accounting staff can rest assure that CommissionPro establishes logical, accountable process flows that deliver next-level commission tracking and management efficiency throughout the enterprise.

Key Features & Benefits

    • Completely automates the commission tracking & payout process
    • Eliminates the need to have employees manage numerous commissions using Excel
    • Provides salespeople with clear insight into their commission payouts
    • Centralizes commission management for multiple locations and payout tiers
    • Loan officers and managers conveniently view commission statements over the Web
    • Supports multiple commission structures in multiple branches/locations
    • Comprehensive debt and payment management, including advances, draws, loans, etc.
    • Provides easy exports to Excel
    • Maintains a communication log between user and commission administrator
    • Capability to split individual commissions
    • Customized charting based on user authentication
    • View and print commission details
    • Rule-based capabilities enable automatic debt repayment, minimum payments, percentage of outstanding, etc.
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