MILWAUKEE – (March 28, 2019) – Zywave, a leading insurance tech provider with the most expansive portfolio of sales management and client delivery solutions available, today announced significant enhancements to its BrokerageBuilder™ Commission Tracking functionality.
Designed for benefits brokers, BrokerageBuilder is a comprehensive agency management system that streamlines and automates agency operations. New enhancements to the system’s Commission Tracking functionality improve the way users manage commission statements, allowing them to process and validate payments received and gain better insight into their agency’s commissions revenue.
With Zywave’s improved Commission Tracking functionality, users can now:
- Import commissions easily from any carrier without being required to use complex and restrictive templates or being sent to a third-party platform
- View a comparison between a statement total and the payment entered to easily identify discrepancies
- Post multiple commissions statements to the same month
- Post commissions to inactive accounts
- Apply new filters to sort data
“Financial reporting and commission tracking is a core workflow for high-performing agencies, but unfortunately capturing the data can be a tedious, time-consuming process. We worked closely with our clients to improve the functionality of our commission tracking system,” said Eric Rentsch, vice president of product management for Zywave. “This system upgrade helps streamline the process, freeing up more time for users to focus on what’s most important—generating business and servicing clients.”
In today’s competitive landscape, innovative benefits brokerages are using BrokerageBuilder to stand out from the competition by automating daily operations such as RFP creation, proposal generation, reporting, task management and Benefits-specific workflows. With one of the largest, most experienced professional services team in the industry, Zywave enables users to begin utilizing its agency management system in as little as eight weeks, compared to competing systems that require implementations that can last more than a year, significantly disrupting business.
The enhanced BrokerageBuilder functionality is one way in which Zywave is reaffirming its commitment to the industry through significant investments in product innovations, research and development.
For more information on BrokerageBuilder and the upgraded Commission Tracking functionality, visit go.zywave.com/BKB-Comm-Tracking.
Zywave leads the insurance tech industry with the most expansive portfolio of sales management and client delivery solutions available. Through its deep expertise and unparalleled content offering, Zywave provides partners with solutions that deliver business efficiency, effectiveness and insights. More than 5,300 brokerages worldwide—including 97 of the top 100 U.S. insurance firms—use Zywave solutions to enhance client services, achieve organic growth, and promote greater health, wellness and safety. Additional information can be found at www.zywave.com.