Overview
QCommission enables you to quickly calculate commission, draw and bonuses, verify results and distribute this information to your account executives, recruiters, consultants and managers. Present the commission information in such a way that your staff clearly understands what they are being paid and why they are being paid at a very detailed level. Excel and manual calculations can introduce a lot of errors into your calculations and cause your staff to lose trust in you. QCommission can help avoid that by calculating all commissions systematically and reliably.
Calculate Accurately with Flexible Rules
QCommission provides a lot of flexibility to set up commission plans that are unique to your company and your payees.
QCommission is designed to integrate with QuickBooks®, Salesforce.com, Sage Peachtree MS Dynamics GP, MS Dynamics Axapta and many others. QCommission can also accept Excel, fixed file and delimited format files. QCommission can also process some PDF format files. QCommission can also operate stand-alone.
Reporting
QCommission stores all data entered and all payout calculations.
- Calculate commissions-based sales revenue or profit.
- Pay commissions at time of invoicing, at time of payment or when job is complete.
- Pay commissions on one-time payments or on multiple payments for a payment plan.
- Pay different commission rates for different services
- Pay different commission rates by payment plan
- Pay different commission rates for sales reps
- Split commission rates between sales reps
- Pay overrides to managers and principals
- Deduct service fees prior to calculating commissions
- Pay referral commissions
- Pay commissions as a portion of results, flat amounts, tier rate with thresholds, etc.
- Calculate incentives weekly, bi-weekly, monthly and other
- Chargeback commissions for cancelled contracts.
- Handle negative payouts.
- Pay draws or guaranteed payouts.
Import/ Export
QCommission is designed to integrate with QuickBooks®, Salesforce.com, Sage Peachtree MS Dynamics GP, MS Dynamics Axapta and many others. QCommission can also accept Excel, fixed file and delimited format files. QCommission can also process some PDF format files. QCommission can also operate stand-alone.- Import data from accounting system including Invoices, Expenses, Payees, Customers and Products.
- Import from Carrier data from Excel, PDF and fixed or text-delimited files.
- Restrict Transaction import using a date range.
- Export Commissions payouts for accounts payable and payroll.
- Export data to Excel, and fixed or text-delimited file formats.
Reporting
QCommission stores all data entered and all payout calculations.- Produce Carrier applications batch report
- Produce Daily applications submitted report by agent
- Produce detailed commission statements by payee
- Reproduce commission statements for prior periods
- Report on split credits and uncredited transactions
- Analyze historical transaction and payment information
- Email commission statements to payees
- View commission statements through the web.
Case Study
Early Growth Financial Services Simplifies Sales Commissions with the Help of QCommission
Customer Profile
Early Growth Financial Services was founded in 2008 by its CEO, David Ehrenberg when he couldn’t find the accounting and financial consulting services that he needed when he was still working in early stage companies.
EGFS’ team of finance and tax professionals help alleviate the headaches that come with trying to run a company still its early stages.
With dedication to their craft and their commitment to providing only top-notch service to their clients and partners, they have successfully established themselves as one of the best in their field.
The Challenge
With sales commissions being processed twice a month for 50 sales reps and their CFO, the processing of commissions every pay period took a good 5 to 6 hours. The volume alone made it very difficult to make sure that everyone was being paid correctly.
EGFS Account Manager, Jeanine Goeken, shared her dilemma, “[It was} very hard to make sure everyone is getting paid properly, because of the volume of data for every pay period.”
They decided it was time to look for a solution.
The Solution
After looking through various options, they found one that could integrate with QuickBooks Desktop – QCommission! It appeared that they have found the software that they needed at a price level that made sense.
After a need’s analysis and demo, the EGFS team decided that QCommission was indeed what they needed. Their commission processing is now a whole lot easier to handle.
Quote
“Prabhu Babu with QCommission is fantastic. He implemented our commission platform in a timely manner and is always responsive and very knowledgeable and courteous!”
- Jeanine Goeken, Account Manager
Early Growth Financial Services
Customer Testimonials
Premier Accounting Inc
I wanted to take a moment to personally thank each one of you for all of the assistance offered over the length of our commission project. Our client, like most, is very demanding and has very high expectations for the quality of work being delivered. Due to your commitment to your company, us as your client, and my staff, we were able to meet a very difficult deadline today. I especially would like to thank Mr. Chandru who has worked very closely with me to ensure that we could run our first commission on your system. The experience has been amazing and we are very pleased with all of your hard work. Once again I commend you for your efforts and assistance with this important project.
Many blessings to each of you!