MicroCorp recently announced the ability to process commissions from any master agency and direct provider through its fully secure Commissions as a Service program.
Managing commissions has been a long-time lament for channel partners, the company says, and for good reason. It’s time-consuming and frustrating – consolidating multiple statements and formats from different masters and providers, endless scrubbing for missed payments, incorrect credits or missing commissions, to name a few.
Having to deal with commission queries and inaccuracies with the provider simply adds to the deluge of duties. For channel partners with sub-agents, the time involved escalates even further.
Designed to be an agent’s outsourced commission headcount, MicroCorp’s Commissions as a Service capabilities include sub-agent commission calculation, white label statements, provider or master commissions dispute list, and custom reports such as lost accounts, new accounts, base churn.
Channel partners can view and manage commissions real-time in MicroCorp’s proprietary back-office portal, Nautilus. Channel partners are not required to be directly contracted with MicroCorp to become a Commissions as a Service customer.