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Description
EvolveICM serves as the incentive compensation management component of our SPM software, specifically designed for insurance carriers. This innovative solution streamlines the commission calculation process, allowing companies to save valuable time and resources that would otherwise be spent on manual calculations. By utilizing this module, you can effectively manage the performance of your sales channels while automating various tasks, implementing incentive programs, and much more. Tailored for insurance carriers and agencies that deal with intricate commission structures, such as those found in health insurance and Medicare, EvolveICM accommodates core, flat, percentage, or split commission models. Our commissions management software efficiently calculates these payouts on your behalf, transforming what used to be a time-intensive process into a swift operation. In fact, while traditional manual calculations could take several hours, our automated system accomplishes this in under ten minutes, even for substantial eight-figure payouts, ensuring that you can focus on growing your business instead of getting bogged down in calculations.
Description
Reduce errors and save time. Receive real-time visibility into commission accruals, and payouts. Your rules can trigger payouts. Your data can be centralized in one source of truth. Our commission plan designer makes it easy to set up complex calculation logic. Trust is built with transparent and auditable commissions that are paid on time. Calculate commissions automatically in real time. You can save time and let your team concentrate on what is most important. Palette gives your sales team personalized performance dashboards that are updated in real time. This ensures transparency and visibility. Your commission data can be used to answer the most critical questions for your business. You can A/B test your compensation plans to see how they might impact your cash flow, and your business goals. Optimize ramp-up, set better quotas and budget commission costs, and forecast future payouts. Extract mission
Critical insights
API Access
Has API
API Access
Has API
Integrations
Axis LMS
Bullhorn
Chargebee
Close
HubSpot CRM
HubSpot Customer Platform
Nekton.ai
NetSuite
Outreach
Pennylane
Integrations
Axis LMS
Bullhorn
Chargebee
Close
HubSpot CRM
HubSpot Customer Platform
Nekton.ai
NetSuite
Outreach
Pennylane
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
EvolveNXT
Founded
2012
Country
United States
Website
evolvenxt.com/product/evolve-icm/
Vendor Details
Company Name
Palette
Country
United States
Website
www.palettehq.com
Product Features
Product 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
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning