No matter how you fit into the insurance industry—Agent, Broker, MGA, IMO, or other—we can improve your commission tracking, management, and accuracy. Compass allows you to track commissions/overrides and bonuses due to your agency and your agents.
It is often challenging for software to create a flexible system for insurance commissions. New changes and requirements need to be incorporated quickly to run processes efficiently. Most in-house insurance commission calculation software requires significant code overhaul or re-design–even for little changes that slow the entire process. This leads to subpar results and increased overhead costs.
Compensating insurance salespeople is complex and time-intensive. Insurance leaders must figure out their budget, decide which awards to hand out, and define the rules (based on customer size, deal size, etc.). Then they have to do complicated calculations in spreadsheets that are time-consuming and prone to manual errors. Compass is a low code, powerful incentive and commission management platform that handles all of the calculations behind closed doors so that you can focus on what's important—your team's results.
We believe that the commission process should be seamless and work at scale, so you can spend your time designing plans that help your business. With Compass, spend less time paying and more time driving performance.
Compass can automate the end-to-end of your insurance commission software right from planning the insurance incentives to the final payout.
No coding or spreadsheets are required. Save time and eliminate the burden of accurately computing complex sales commissions calcultions for your insurance agents.
Accelerate insurance sales through our gamification software, with zero payout hassles. Simplify the most complex insurance incentive plans.
Every stakeholder including - The Broker, IMO, agents or other can improve their commission payouts, accuracy and management with Compass.
Integrate Compass with the tools you already love - any ERP, CRM, HRMS, HCM, Spreadsheets or custom integration. Make it easy for everyone to connect and automate incentives.
Automated and distributed
worth digital gifts within a few clicks
Respondent rewarding grown at a
CAGR year on year
Sent Maximum Rewards within
of implementing automation workflows
Your insurance personnel can lose trust in you owing to the miscalculations that happen with excel and human intervention. Compass ensures that all your employees know the amount of commission they are being paid and the reason for it. Use Compass to automate the end-to-end of your insurance commission payout system.