BankBroker's Commissions Accounting Functionality

Commissions and Incentive Compensation is a core functionality offered by BankBroker. By providing one of the most robust rules engines on the market, your most individual and complex payout plans can be setup and administered in BankBroker. All you have to do is acquire our services.

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Dynamic Commissions Accounting

From Dollar 1 plans to Tier plans to Team Split plans, the ability to perform a multitude and combination of payouts are now made possible. Having a rules-based engine that is also table driven is powerful functionality that all commission administrators need to have. BankBroker's extensive diversity is well positioned to meet these and others of your specific needs.

Unique and Varied Commissions

Commissions that are not just tied to monetary drivers but also events and activities make BankBroker a choice of many. Referrals, leads, and appointments are examples of other elements that may comprise comp plans in any environment. Goals can also play a role in ultimate payouts and compensation. BankBroker can evaluate goals tied to individuals and locations. Who’s to say that there is a ‘one size fits all’ approach? BankBroker is customizable so that it can answer your particular challenges.

Balancing Old and New Accounts

Balancing new and recurring business is another element than can be evaluated differently during a commission plan run. In the event that you have different rules relating to such breakdowns, BankBroker can help.

Additionally, chargebacks, lookbacks and re-calculations are all standard functions and capabilites within BankBroker commissions.

BankBroker for Advisors

Reports are available instantaneously, as well as being scheduled for a consistent distribution or viewing schedule. Advisors like to know up-to-date information. BankBroker helps advisors to work better.