Commissionly Reviews

Commissionly Description

Commissionly is a cloud based sales commission and compensation solution for ISO's FMO's, Insurance Brokers, Merchant Services Companies, Financial Services and Education, Telecoms and Energy Companies.
The Commissionly platform can calculate commission on initial contracts and on residual payments.
Data
Custom Data templates allow multiple data formats to be imported with ease. Data can be altered by supplier to adjust the commissionable value to be applied to the commission plans.
Our API can be used to import data direct from open platforms.
Commission Hierarchy
Assign downline agents and split values automatically based on Transaction data such as ID, Customer, Policy Number, MID number or any other unique identifier.
Access to downline information in the system can be controlled by role.
Additional data can be added to imported data through the creation of lookup tables.
Reporting
Custom reports can be created to fit the requirements of the business.
Unpaid Commissions
Closed deals that have nit yet reach a commissionable status can be calculated for planning and accruals.
Future Commissions
Our built in future commission report can use contract terms to calculate future commission revenue for the business