This software solution automates the process of verifying and reconciling insurance commission payments by reading and analyzing carrier statements in various formats such as CSV, Excel, and PDF, ensuring accurate and complete payout calculations. Its key features include detecting underpayments, miscodes, phantom chargebacks, and discrepancies, providing transparent, instant reconciliation, and splitting commissions across hierarchical structures, thus addressing issues related to carrier misreporting, manual errors, and hidden financial leakages. Designed for insurance agencies, brokerages, and financial professionals, it helps prevent revenue loss, streamline administrative workflows, and improve financial accuracy by automatically identifying missing or incorrect commission data and facilitating timely corrections.
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