Our commissions module has been reshaped, improved and is ready to meet the needs of the most complex and layered agency commission requirements.

Commissions is one of the most important and complex features for any agency management system. It must take into consideration all possible ways of calculating the agency and agents commission. Regardless of how an agency is being paid by the carrier, on annual upfront bases, per endorsement, as premium earned, NowCerts is capable of correctly calculating the earned commission and graphically presenting the expected revenue.

Here are some of the possibilities with the new commission module:

- A complete list of all possible premium endorsements. Initial Base Premium, Positive and Negative Endorsement, Taxes and Fees, Renewal and Reinstatement, Cancel and Government Discount.
- Possibility to calculate agency and agent commission for every endorsement separately.
- Multiple agent split commission calculations.
- Automatically populated commission rules based on carrier, MGA, agent, line of business, time frame, etc.
- Automatically populated and calculated commissions from carrier downloads direct bill endorsements.
- Quick snapshot and comprehensions reports for individual client, policy, agent or the agency operations as a whole.

With the new and enhanced commission module, the agency and every agent has the ability to see its current performance, compare current revenue to past production, predict its earnings and avoid carrier or agency short pays on commission.

To learn more on our new and exciting commission module, we invite you to watch our quick guide on how to enter policy commissions. Click Here to see the training video.

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