ACom3 Commission and Incentive Compensation System
The ACom3™ Commission and Incentive Compensation System is currently deployed in a wide range of industries (including life, health, property, and casualty insurers, financial services companies, and general sales force environments). ACom3 provides the features and functions to fully automate all aspects of the commission payout process and supports the pay for performance principles driving top organizations.
ACom3’s features include:
- Integration portal to simplify integration to any number of upstream and downstream systems.
- Unlimited payout schedules and compensation plans using client-defined business rules.
- Flexible bonus plans using client-defined parameters.
- Unlimited hierarchies including support for multiple hierarchies per payee.
- Comprehensive demographic and compliance database.
- Draw and advance management.
- Web-based reporting and statement distribution.
- Internet and Intranet deployment.
ACom3 provides the following benefits:
- Accuracy - 100% accuracy of all commission and bonus payouts regardless of industry, complexity, or transaction volume.
- Strategic Advantage - The intuitive web-based interface allows clients to quickly modify plans and formulas as market requirements change, without involving costly IT resources.
- Increased Productivity - End-to-end automation greatly reduces the administrative and operational costs of managing the compensation payout process.
- Enhanced Payee Relations - Consistently accurate payout ensures payee confidence and loyalty.
- Sarbanes Oxley Compliance - Focus clearly on audit trails, standardization of the business process, and extensive system security.