Commissions & Transaction Management
Staff enter the Order Number and Effective Date of each transaction but do not enter deal value. Deal value is system-generated.
The finance team will validate the commissions independently, to ensure no over-billing or double billing. For example two sales people registering an identical transaction for the same order, within a certain period of time, would be flagged, unless split commissions are assigned.
Reports are provided of firm-wide commissions and show which are awaiting approval, approved or rejected.
Each sales person has access to view their own commissions. Reports and functionality can be customised further.