Insurance commission management software to insure against low sales productivity

Insurance commission management software to supercharge your team's performance and transform them into unstoppable sales rockstars. Revolutionize the way you manage your insurance commission programs. The insurance industry is evolving, and success belongs to those who adapt. With Xoxoday Compass, you're not just buying insurance commission management software; you're investing in a brighter, more prosperous future for your insurance business.

Robust platform
Stay flexible with your incentive programs at any scale.
Seamless integrations
with any local or cloud-based sales tech stack
Timely payouts
Payout workflows with a built-in rewards catalogue
4.9 out of 5
4.8 out of 5
4 out of 5

Xoxoday is trusted by renowned global brands

Insurance commission management software for enterprise that gets you up and running in a few hours

Turn your largest sales expense into a business growth driver. Transform how you manage, pay, and reward insurance agents every pay cycle with our insurance agent compensation software.

API-first platform

Xoxoday Compass helps simplify sales compensation plans by easily integrating with a Spreadsheet, CRM, ERP, or DMS of your choice.

Flexible and scalable

Our no-code components adapt to your business needs and help calculate millions of records on a daily or ongoing basis effortlessly.

Smart user interface

Easy-to-read dashboards that visually display user’s completed sales, commissions earned, and leaderboard ranking.

Common challenges faced by insurance companies in commission management

Complexity in insurance commission structures

Many insurance products have intricate commission structures based on various factors such as the type of policy sold, the duration of the policy, the agent’s rank or seniority, and other performance metrics. Managing these multiple tiers and different rates for each product or policy type can become cumbersome and lead to errors if not handled meticulously.

Manual processes and inefficiencies

Traditional commission management often relies on manual processes like spreadsheets or outdated systems. This not only increases the risk of human error but also consumes valuable time. Manual calculations and tracking can delay payouts, which might demotivate agents and affect their performance.

Inaccurate tracking and disputes

Without a streamlined system, discrepancies can arise in commission calculations, leading to disputes between agents and the insurance company. Resolving these disputes requires time and resources, potentially harming the company's relationship with its agents.

Lack of transparency and real-time reporting

Insurance agents often want immediate insights into their earnings, performance metrics, and potential bonuses. Traditional systems might not offer real-time tracking or transparent reporting, making it difficult for agents to understand their performance and earnings. This lack of clarity can be demotivating and can hinder an agent's ability to effectively plan and execute sales strategies.

What we found

Insurance companies who have automated incentive calculation system and real-time visibility into key KPIs tend to be motivated and progress to goals faster.

Backed by 3rd party research and Product usage metrics
savings on incentives budget
reduction in incentive processing time
increase in sales productivity

Insurance commission management software to drive sales

Harness the power of automation, insurance commission management, and game mechanics to drive sales and inspire your agents like never before. The era of laboriously managing commission programs is over. With Xoxoday Compass, a dedicated insurance agent commission management software, you're not merely acquiring a tool – you're investing in the prosperous future of your business. This platform streamlines and automates compensation plans specific to insurance, guaranteeing accuracy and efficiency. The software offers:

  • Easy creation and customization of insurance commission plans.
  • Automating the calculation and distribution of insurance bonuses and commissions.
  • Real-time visibility into performance and earnings. 
  • Analytic and reporting capabilities to drive revenue growth.

Why go for Xoxoday Compass Insurance commission management software

Discover the transformative power of state-of-the-art insurance commission management software that turbocharges your sales team, ensuring they meet and exceed their goals.

Seamless automation across commission management

Tired of manual calculations and tracking errors? Automate with precision.

  • Set and forget: Launch your commission programs with ease and let Compass handle commission calculation, performance management, and timely payouts.
  • End-to-end streamlining: Say goodbye to discrepancies and inefficiencies.
  • Integrated data for accurate KPI tracking: GWP, Policy Sales, Referrals – everything streamlined in one place.
  • Workflow wonders: Craft custom workflows with unique rules and conditions.
  • Error-free calculations: Automate the nitty-gritty of commission calculations.
  • Swift approvals: Multi-level approval processes are now smooth and on time.

Make selling an exciting game

When your agents are motivated, they bring their best to the table.

  • Gamified sales journey: Challenges and rewards make sales an adventurous journey, not just a job.
  • Healthy sales rivalries: Leaderboards, scorecards, and badges bring out the best in everyone.
  • Stay updated on the go: Automated reminders about targets and real-time notifications about rewards.
  • Rewards that resonate: Cash in or enjoy experiential rewards. The choice is theirs!

Power-packed analytics for the modern sales strategy

Making data-driven decisions is no longer optional—it's imperative.

  • Sales forecasting made simple: Let predictive analytics show you the way.
  • Performance at your fingertips: Customizable dashboards showcase agent performances and commission-related KPIs.
  • Real-time insights to drive ambition: Equip your agents with live data on their performance.
  • Learn and evolve: Use historical data to refine and improve future commission programs.

graphical user interface, application

View real-time data and insights to make faster decisions

Powerful, real-time insights along with predictive analytics help you plan better, across teams and the organization.

  • Turn data points into a graphical representation
  • Simulate business metrics based on historical data
  • Utilize intelligence from past programs to optimize targets and incentive payouts

See what our customers are saying about us

Friendly and efficient team

“ Such a customer friendly team and best professionals to take care of our business requirements. I believe that your strength is your team members and their passion for work. Keep up the good work guys, it’s time for me to move on with my career, but wherever I go, if given an opportunity, I would recommend Compass along with this efficient team. I wish you all success. ”

Great Range of Rewards!

“ The engagement tool is extremely comprehensive for managing rewards, incentives and loyalty programs. It is simple to implement across departments/ functions and highly intuitive for users across the spectrum be it a senior sales professional or a front-line delivery executive. ”

Happiness quotient is 100%

“ Compass helped in increase the happiness quotient of our salespeople resulting in better productivity and therefore the ROI that we as a company get on the product is significant. Digitization of rewards and instant gratification are critical as far as the sales department is concerned and  Compass is catering the same. ”