Broker Commission Platform
What Is It?
Validates
Broker commissions and overall account statement
Commissions
Broker name, group name, health plans and dollar variances
Reconciliates
Broker commissions for additional cost validation
Parses
Broker account statements
Census Submission
Smart Carrier Proposals Document Reader & Generator
Plan Filtering and Sorting
Contribution Modeling
How we do it?
CARRIER - BROKER - EMPLOYEE - AGENT- HEALTH PLAN
Managing multiple commission?
Automate Brokers Commissions
- Enables Multi-Process Reconciliation
- Automates Reconciliation Process from claim to premium approvals
- Leverages transactions-based matching
- Validates every format png, jpeg, jpg, etc.
- Parses Carrier Statements
- Audits Broker Commission Percentage
Monthly Group Commission Statements
Billing Period
The month billed for current commissions cycle activity.
Group Number/Group Name
Group number & suffixes that you are paid commissions on.
Dues Allocated this Period
Premium Applied in the current commission cycle.
Total Dues Allocated
Total premiums applied for group’s billed period.
Split Commissions
Your percentage split of commissions with another broker on this group.
Total Commissions Due
The amount of commissions that you are currently receiving.
Previous Commissions Paid
Amount if a portion was previously paid out on prior statements.
Commissions Payment Amount (NET)
Amount dues to be paid out to you this commission statement.
Total Commissions
Total Commission amount for group and suffixes.
Why choose us?
User Portal
An interactive user interface with user authentication, user roles & profile options.
Platform Accessibility
Ability to upload account statements from local machines and extraction from secure FTPs.
Pull & Push
Ability to automate pull and push of files using windows services.
Error Detection
Ability to detect errors, create real-time notifications and visualizations.
User Portal
An interactive user interface with user authentication, user roles & profile options.
Platform Accessibility
Ability to upload account statements from local machines and extraction from secure FTPs.
Error Detection
Ability to detect errors, create real-time notifications and visualizations.
Error Detection
Ability to detect errors, create real-time notifications and visualizations.
Tracking and Managing
Additional Deliverables
Carrier invoices with identified cost differences, by group number, name & date.
Tracking
Send and track dispute invoices through the user portal.
Automatic Error free Updating
Update carrier payments & perform reconciliation without additional cost.
Financial Validation
End-to-end autonomous reconciliation to validate commissions received.
Profit & Loss
Enables real-time accurately profit and loss statement with revenue forecasting.
Timely Payments
It also ensures they are being properly paid by the carriers for their services.