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What is EvolveICM?

EvolveICM acts as the incentive compensation management feature within our SPM software, specifically crafted for insurance carriers. This cutting-edge solution simplifies the commission calculation process, enabling businesses to conserve essential time and resources that would otherwise be dedicated to manual computations. With this module, you can proficiently oversee the performance of your sales channels while automating numerous tasks, establishing incentive programs, and much more. Designed for insurance carriers and agencies managing complex commission structures, including those in health insurance and Medicare, EvolveICM supports core, flat, percentage, or split commission models. Our commissions management software effectively handles these payouts on your behalf, turning what was once a laborious process into a quick and efficient task. In fact, while conventional manual calculations may require several hours, our automated system can perform this in under ten minutes, even for large eight-figure payouts, allowing you to prioritize business growth over tedious calculations. This remarkable efficiency not only enhances productivity but also empowers organizations to allocate their efforts toward strategic initiatives.

What is Allocora?

Allocora is an advanced platform designed for revenue allocation, enabling financial teams to effectively oversee commissions, royalties, revenue-sharing distributions, seller payments, and partner settlements with ease. The software offers seamless integration with Stripe revenue and supports the importation of CSV, XLS, or XLSX files, allowing precise mapping of products to payees. It utilizes versioned allocation rules, carries out deterministic calculations, and produces crucial documents such as statements, reconciliation evidence, close packages, and export files for disbursements. By adopting Allocora, finance and operations teams can move away from outdated spreadsheet-based payout methods towards more efficient calculation workflows, benefiting from a system that ensures governance through comprehensive audit trails, detailed line-level explanations, and reusable rules. Furthermore, Allocora guarantees that anticipated payout results are calculated and managed prior to any fund transfers, while explicitly avoiding responsibilities like moving money, storing banking information, performing KYC/AML checks, or managing tax obligations. This functionality grants organizations increased oversight and clarity regarding their financial distributions, significantly improving their operational efficiency. Moreover, the platform's user-friendly interface and robust features make it an invaluable resource for teams seeking to optimize their financial processes.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$79/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

EvolveNXT

Date Founded

2012

Company Location

United States

Company Website

evolvenxt.com/product/evolve-icm/

Company Facts

Organization Name

Allocora

Date Founded

2026

Company Location

Spain

Company Website

www.allocora.com

Categories and Features

Categories and Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

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