The Commision and Benefit
Bright, The commission and benefit system gives you flexibility in setting formula for each job position. This formula is parameterized. Doing a quick calculation in accordance with the formula thas has been set. There is an adjustment feature, producing a full slip with performance value for each agent.
Management Agent
- Entry of New Agent
- Promotions
- Demosi
- Historical Note Agent (Type of record can be flexible)
- Sales History
- Training Management
Administration
- Product Setup
- Product Position
- Mutation Setup / Movement
- Setup constants
- Compensation Components Setup
- User Management
Management Formula
- To setup a flexible formula for predefined constants for the benefits and compensation components of each particular position.
Data Preparation
Module to prepare data eraser relevant constant with a formula for each agent. Example :
- Calculate override
- Calculate the large number of policies sold
- Policy Value sold
Auto Calculation
Modules that perform the calculation formula for each data policies and premium payment data for each agent and the relevant hierarchy.
Approval Management
- This module is required to validate the data that is uploaded on a particular period.
- This module is required to validate the information that has been calculated at a certain periode.
Upload Data
In addition to compensation & Benefit calculated based on premiums, Override taken from the back office system can accept other components by way of input or uploaded, these types of components such as:
- Allowance
- Medical cost reduction
- Cut off the commission because the policy
- Advance commission
- Installment loans / loan
The information entered into the database: employee number, type of component, value (in dollars), period (month + year)
Results will be uploaded this component and will look at e-slip can be seen in the application/portal.
Adjustment
This module is used if there is an error on data component/constants of the agent or group of agents, Adjustment done by editing the data in a way to edit.
Analysis & Reporting
This module is issued information routinely to the needs,
designed according to the required format output examples:
- E-SLIP
- Productivity Report
- Hierarchy agent
Benefits Of Using BRIGHT For Your Company
- Every month, load, busyness and complexity to calculate the Compensation and Benefit will be much reduced.
- Will have a flexible solution tools with all the changes that have been predicted.
- Calculation process will be much faster than before.
- Ease of analysis.
- Has practical and informative reporting system.
- Having a database as needed.
BRIGHT Features
- The application has a high flexibility
- Position Additions, Changes Product Hierarchy.
- Addition / reduction component / Driver.
- Formula changes and urbanization rate% and the condition.
- WEB-based, ease of maintenance and deployment.
- Using Report Service tools, easy to manage access rights, according to user profile in Windows environment.
- Concept & Architecture Applications tested (N-tier).
- Has Upload facility to additional information for the allowance, decrease medical costs, decrease the commission because of the cancellation policy, advance commissions, and installment loans / loan.
- Approval Facilities Management.
- Calculation and Simulation Facility regenerate facility re-calculation (by a particular user with certain conditions).
- Data Download facilities in accordance with the desired criteria (this facility can be done for a particular user).
- Ease of integration with Agent Portal which will be made by AXA.
- Audit Trail, all the position changes, Formula, adjustment benefits & compensation value will be recorded in the Log File.