Can a Software Really Eliminate Manual Processing?
With GreenWave Commissions, insurance distribution agencies are
closer than ever to being free of manual compensation processing.
A uniquely developed automation software is allowing organizations to take charge of their commission audits and reap the benefits—including increased productivity, streamlined workflows, and peace of mind that their systems are error-free. In Commission Management Secrets, author and industry expert Slava Isayev takes a deep dive into the classified keys to success.
Commission Errors: A Costly Concern
According to a recent study of 2,000 agencies and BGAs, 84% of agencies discovered up to $50,000 in errors upon processing audits. Even more alarming are the 8% of agencies that found between $50,000 – $100,000 in errors, and the 8% that found over $100,000 in agencies. It’s cause for concern; how much is your organization losing each year due to manual error?
GreenWave’s mission is bringing error-free, automated commission processing to agencies everywhere; today, their clients process over 100 million transactions each year. This is commission management as it was designed to operate: seamless, dependable, and scalable.
By definition, businesses must grow to thrive—and growing requires scalable processes. By designing software meant to grow with a business, GreenWave is able to accommodate agents when they take their first client and when they take their hundredth client. That’s the
power of the right commission system: your team holds the keys to a scalable system of record, keeping track of your custom arrangements and calculations—done automatically every time!
Empowering Defined Workflows with Automation
Harnessing the potential of automation allows agencies to create defined systems, giving leadership the power to continuously improve workflows. No matter what the manual operation entails, GreenWave’s process management allows teams to act with confidence, with automated tools ensuring accuracy every step of the way. This comprehensive approach to software and services is what sets GreenWave apart; your team will be able to conduct thorough commission audits to a never-before-seen level of detail!
Commission Management Secrets takes readers through an abundance of best-practices and industry guidance, including six business functions the average agency must incorporate into their process and how to streamline them; each critical component of commission management; and much more! Slava takes his audience on a detailed exploration of recommended timelines, practices for building a successful team, and GreenWave’s pledge to help each step of the way.
If you’re feeling overwhelmed thinking about the current state of your organization’s compensation management, don’t worry! It’s never too late—or too early—to automate your commissions process. By starting now, the future of your organization will flourish and reap the benefits you sow today. With a clear goal and timeframe, GreenWave can help you jumpstart the future of your agency today! Commission Management Secrets takes readers on a thorough
examination of exactly how manual commission systems place major limitations on agencies and brokerages, and how to move your organization forward with automated software. Together, GreenWave can help you build your organization’s unique commission management process: from imagination, to planning, to implementation, and repeating it all over again for an error-free result every time.
FAQs
What is the uniqueness of the automation software mentioned?
The automation software is uniquely developed to empower organizations in managing commission audits, leading to increased productivity, streamlined workflows, and error-free systems.
What are the benefits of using this automation software?
By utilizing the software, organizations can experience increased productivity, streamlined workflows, and the assurance of error-free systems, providing peace of mind.
Who is the author of “Commission Management Secrets”?
The author of “Commission Management Secrets” is Slava Isayev, an industry expert known for his deep insights into commission management.
What does “Commission Management Secrets” offer to readers?
“Commission Management Secrets” delves into classified keys to success, offering readers valuable insights into optimizing commission management processes and practices.