Selecting an Insurance Commission and Incentive Compensation System
Provides the steps to take and questions to ask when selecting an incentive compensation system.
Insurance carriers are increasingly looking for outside vendors to provide software products to manage commission, sales incentive, and bonus programs. Vendor products typically replace cumbersome spreadsheets, home grown applications, and manual processes with packaged solutions in order to gain control of an increasingly complex process. The number of companies offering solutions has grown dramatically in recent years, and there are currently a number of viable products in the marketplace – this white paper provides a framework for selecting the right one for your organization.
