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What is Hyperform?

Hyperform, our innovative compensation automation tool, has the potential to decrease payout cycles by up to 87%. It is essential for financial institutions to efficiently manage, compute, analyze, and report on incentive compensation programs, thereby minimizing errors and preventing overpayments to both employees and business partners. Prior to the implementation of policies, our policy modeling platform enables users to craft and evaluate these policies effectively. The system offers real-time computations for intricate calculations across both internal and external sales networks. Furthermore, it supports integration with various data sources, including CRM, billing, POS, and data warehouses, as well as compatibility with payment platforms. Once a payout is approved, it automates the generation of invoices, allowing for the upload of either physical or digital formats. Additionally, the payout dashboard highlights key performance indicators, furnishing critical insights for informed business decision-making. This comprehensive solution not only streamlines operations but also enhances transparency and accountability in compensation management.

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.

Media

Media

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

Pricing not provided.
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

Act21 Software

Company Location

United States

Company Website

www.act21.io/compensation-automation/

Company Facts

Organization Name

EvolveNXT

Date Founded

2012

Company Location

United States

Company Website

evolvenxt.com/product/evolve-icm/

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Categories and Features

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