E-Compensate – Employee Commission Management Software
Are you tired of conducting manual commission calculations, and late payouts? E-Compensate is the best commission management software for your employee compensation problems. from tracking sales to generating accurate payouts, E-Compensate easily manages complex commission plans and automates the entire process.
Key Features of Commission Management System
Amplify your sales and keep your team motivated with our top of the line employee commission management solution.
Loan Origination System Integration
By connecting your commission management software with your LOS, such as Encompass®, Byte, or Meridian Link, you can automatically import loan data, calculate commissions, and reduce errors due to manual data entry. This integration ensures that your sales team gets commissions timely and stays motivated.
Customizable Commission Plans
Our employee payroll management system allows you to create dedicated commission structures customized to different types of loans and products. Whether you’re giving incentives for first-time homebuyers, or for those looking for refinancing, or jumbo loans, you can design commission plans that improve your sales. Customization of this depth allows you to reward loan officers who achieve exceptional KPIs.
Real-Time Tracking
Our commission tracking system enables your MLOs to see their earnings in real time. They can monitor latest compensations based on loan origination, closing, and milestones. Your loan officers can track their progress, and identify loans that are working best for your company. Implementing a transparent commission structure will build trust and also ensure accountability within your team, resulting in increased productivity and loan volume.
Accessible on Mobile
No matter where your loan officers are, our mobile friendly platform keeps them in the loop. We have designed our software to be easily used on your smartphone or tablet providing access to the commission information in real time. Your sales team can monitor their earnings and view analytics related to their performance. Loan officers, underwriters, processors can access important docs and submission of claims even when traveling, improving their workflows and efficiency.
Automated Calculations
With E-Compensate it’s time to end tiring days spent working manually with spreadsheets and complex formulas. Our commission tracking system handles complicated compensation structures, including tiered plans, quota-based incentives, overrides, bonuses, and more. Our software automatically calculates commissions based on product type, loan sales, and other parameters.
In-Built Dispute Management
An incredible feature of E-Compensate is commission dispute prevention, making it one of the top commission management solutions on the market. Now, you can easily track and resolve the compensation issues. Since audit reports, and documentation are available, you can find out the main cause of the problem and devise optimal solutions.
Analytic Dashboards
E-Compensate is a combo of commission and payroll management systems with reporting and analytics features. Easily generate reports on sales, compensations, and loan performance. You can easily identify the start performers, monitor commission trends, and gain more useful insights. With easy-to-use dashboards, examine performance indicators so you can take your business forward by making data-based decisions.
User-Friendly Design
We understand that your time is valuable. Our employee management system software is designed with simplicity in mind. The user-focused UI/UX and easy navigation make it easy for both loan originators and admins to quickly find the information they need. Compensation Managers and Payroll Personnel can intuitively access all the information they need and carry out their duties efficiently.
Commission Management & Sales Tracking Made Easy
Plan Configuration
Create and customize your commission plans to suit your mortgage lending business with ease.
Seamless Data Pull
Say goodbye to manual data entry. Automatically import your employee performance data with accuracy.
Automatic Calculation
Trigger precise commission calculations instantly based on your predefined compensation plans.
Easy Payout System
Our platform ensures commission payments are made timely and without mistakes, improving your overall compensation management.
Looking For Something Else?
Find answers to common questions about our E-Compensate.
E-Compensate is a comprehensive web-based employee commission application designed to streamline the management of employee sales commissions and onboarding processes. It offers robust features to simplify compensation planning, automate calculations, and enhance organizational communication.
Yes, E-Compensate facilitates effortless communication by providing features for easy employee communication and automatic receipt of written commission authorizations. This ensures transparency and clarity throughout the authorization process.
E-Compensate allows you to customize commission approval workflows to match your organization’s structure. You can define multi-level approval processes, such as employee-to-branch manager or employee-to-branch manager-to-HR manager, ensuring accurate and accountable approvals.
Our commission management software maintains data security through permissions-based access. You can control who can access specific information, ensuring that sensitive data remains confidential.
Yes, E-Compensate’s automated calculations simplify even the most intricate compensation plans. Whether fixed compensation, tiered plans, or bonus-based structures, our commission tracking system handles calculations accurately and efficiently.
E-Compensate empowers your organization’s compensation strategy by ensuring accuracy, efficiency, and transparency. With streamlined employee onboarding software processes, flexible commission calculations, and insightful dashboards, you can optimize your compensation planning for better business outcomes.
If there’s anything else you’d like to know, feel free to reach out.
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