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What is Loanworks Commissions?

The success of an aggregator's operations is fundamentally tied to the development of robust relationships. A crucial component of this relationship-building is the commission payment process, which needs to be efficient, error-free, and seamless. However, the challenge often arises from managing a multitude of brokers and lenders, each with their unique commission structures. This task entails the complex manipulation and validation of data from various lender files, as well as the intricate processing and distribution of commission payments to multiple stakeholders, which can be both time-consuming and prone to errors. As a result, there is an urgent demand for a comprehensive solution that not only automates these processes but also adapts to the changing needs of the business while reducing labor costs. Such a solution must be grounded in a deep understanding of the aggregator business model, addressing both the intricacies of payment mechanics and the ever-evolving compliance landscape. By implementing this approach, you can significantly boost operational efficiency and foster stronger connections with your brokers, ultimately driving greater success in your aggregator business. Embracing innovation in this area is key to staying competitive and responsive in a fast-paced market.

What is Commission Calculator?

For businesses that pay commissions to their sales personnel and use QuickBooks, this tool is invaluable. You'll be amazed by the amount of time it can free up for you. The Commission Calculator directly pulls issued or paid invoices from your QuickBooks company file—eliminating the need for any data exports—and automatically calculates the commissions owed to each sales representative, with their details also collected from QuickBooks. Moreover, it allows you to exclude specific items from the commission calculations, providing you with added flexibility. Just like your sales reps, sales figures, and payments, all relevant items are efficiently sourced from QuickBooks and organized for your ease of use. You have the ability to quickly select items you want to omit from commissions or modify past selections effortlessly. This functionality is especially advantageous for excluding costs like shipping or freight. Furthermore, if your commission calculations are based on gross profit (invoiced amount minus cost), the Commission Calculator can manage that process effortlessly as well, proving itself to be a versatile asset for your business requirements. With its intuitive interface, it streamlines the entire commission calculation process, enhancing efficiency and accuracy. Ultimately, adopting this tool could greatly enhance your overall operational workflow.

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

$699.00/one-time
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

Loanworks Technologies

Date Founded

1998

Company Location

Australia

Company Website

www.loanworks.com.au

Company Facts

Organization Name

Stinson Solutions

Company Location

United States

Company Website

www.stinsonsolutions.com/commission-calculator.html

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

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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