Overview

Best-in-Class Commissions Processing Tools

Every agency, GA, and IMO/FMO manages commissions. Streamline your commissions processing in an industry-specific AMS with commission capabilities. Commissions+ ties agents, policies, and commissions together for a complete view of a policy’s commission structure, each agent’s payout, and more. 

Follow the six steps to efficiently track incoming commissions from carriers or uplines, scan for inaccurate payments received, and monitor outgoing payments to your downline, contracted, or in-house producers. These steps help ensure accuracy and find any discrepancies in your records. 

Benefits

  • Commission management
  • Missed & inaccurate commission payment tracking
  • Customizable agent rate structures
  • Automated carrier commission statement mapping
  • Agent statement generator
  • Reporting tools & real-time data analysis
JTS Financial logo and Leslye G. headshot

Featured Case Study

JTS Financial

Learn how JTS Financial's commission team is able to gain over 90 hours back every month, cut commissions processing time by almost 75%, and save nearly $33,000 every year.

 

Read the full story

Have Questions?

FAQs About Commissions Management

Commissions Management FAQs

  • Commissions processing is the tracking and processing of payments to agencies and agents for selling insurance plans. This can get complicated quickly when there are a multitude of different agents, carriers, products, and payout structures in play. Being able to keep track of all of these—and make sure they are accurate—is important for paying producers correctly and planning for your business's growth. AgencyBloc's Commissions+ solution allows you to accurately track and calculate this information while saving time by cutting down on manual tracking. Schedule a demo to learn more.

  • Missing commissions is something every insurance agency wants to prevent because this is money your agency is owed that it’s not receiving. This can happen when carriers are a couple of months behind on their payments, if a policy gets canceled without your agency's knowledge, or by human errors. AgencyBloc's Commissions+ solution can help you identify these missed payments quickly so your agency can rectify the miss sooner. Learn more about finding missed commissions.

  • AgencyBloc's Commissions+ solution saves insurance agencies and brokers time by reducing the repeated manual entry of large commissions, making tracking split payments efficient, quickly finding missed or inaccurate payments, and much more. Our clients have found that they have cut time spent on commission processing by 75-95%. Learn how to make your organization's commission processing more efficient.

Looking for more? Explore the Plus Suite of industry-specific solutions.

  • AMS+, an AgencyBloc solution, is an all-encompassing, industry-specific sales and servicing agency management system designed to help your team increase sales, improve client retention, and stay compliant.

    Learn More

  • Quote+, an AgencyBloc solution, is an all-in-one quoting, proposal generating, and enrollment tool for benefits agencies to streamline sales and renewals.

    Learn More

See Real Client Experiences

"Using AgencyBloc gives us a leg up against other agents/agencies because we’re able to track and manage our commissions in ways no one else can. Nobody has the capabilities of tracking and paying splits; it’s a marketing angle for us to ‘acquire’ other books-of-business. The system is logical and makes sense and has helped us make our process much more streamlined and efficient."

Matt M.
InsureOne Benefits

"I can’t express enough how user-friendly AgencyBloc is. The ease of it makes my life so much easier. Commissions used to take me a day or two using our old program. Now I’m done in 20-30 minutes. Customer service, should you need anything, is absolutely a joy to work with and super friendly! I highly recommend AgencyBloc to anybody considering a more user-friendly database—you won’t regret it!"

Tammy K.
Riske Brown

"I finished commissions in record time this month—5 hours!!! Down from 5 DAYS with our previous CRM!! Thank you, thank you, thank you!! We love AgencyBloc!!!!"

Verlee B.
SIMA Benefits Consulting Group

"We've been with AgencyBloc for one year and love the streamlined processes. We wanted a system to centralize our client communications and commissions. AgencyBloc has saved us a significant amount of time."

Vanessa V.
Voss Insurance Group