Business Processes: Commission Management, Commissions
Most companies that have variable payments — like commissions, rebates, royalties, bonuses, and SPIFFS — rely on in-house systems built in Excel to manage this vital business process. These in-house systems require employees to spend hours or days running the numbers, and it’s easy for a simple typo to cause a cascade of expensive errors.
Commission Plan automates this process, saving you time and money while giving you error-free tracking, calculation, reporting, and payments.
Commission Plan is the only variable compensation management software solution that is completely integrated with Dynamics GP.
This flexible, easy-to-use system allows you to create and modify commission plans, then automatically run reports and payments with just a few clicks. You can also get a comprehensive picture of your commissions liability at any time, so you can track your payments throughout the month.
Commission Plan was designed specifically for companies that need variable compensation management, so it can handle multiple intricacies of your structure.
- Variable rates for different salespeople, customers, and products
- Commissions based on sale, margin, quantity, sales quotas, margin quotas, or tier-based sliding scales
- Split commissions among salespeople
- Track reductions for discounts, write-offs, and aging invoices
- Release commissions when the invoice is posted or paid based on Salesperson
- Pay automatically through Dynamics GP G/L, Payables, and U.S. Payroll modules
- Create accrual transactions
- Email commission reports for manager review and distribute to individual salespeople
BETTER VARIABLE COMPENSATION MANAGEMENT
Stay on top of your compensation program with Commission Plan Keystone. This streamlined solution is right for many companies with variable compensation plans. Tightly integrated into Dynamics GP, Commission Plan Keystone automates calculations, payments, and reports, so you can save time, avoid costly errors, and increase sales.
COMMISSION PLAN KEYSTONE CAPABILITIES
EFFORTLESSLY DETERMINE SALESPERSON
- Assign multiple salespeople to individual customers, ship-to addresses, sales territories, and inventory items
- Automatically split commissions between two or more salespeople
- Manage changes to your sales team
EASILY CALCULATE AND TRACK DIVERSE SCENARIOS
- Handle multi-facet calculation models based on salesperson, customer, and item
- Perform commission calculations at the sales document line-item level, based on percent of sales, percent of margin, flat amount, per selling unit, or per base unit
- Reduce commissions using Markdowns, Trade/Terms Discounts, Write-offs, Payment Terms, and Credit Card types
- Place commissions On Hold for individual sales documents or for all sales documents for a salesperson
- Adjust commissions for scenarios such as bonuses, commission draws, chargebacks, or correcting commissions paid incorrectly in a previous period
- Pay commissions only on sales documents that are fully relieved (paid)
- Create and modify commission plans quickly and easily
EFFICIENTLY HANDLE ACCOUNTING TASKS AND REPORT DISTRIBUTION
- Create commission transactions in the Dynamics GP G/L, Payables, and U.S. Payroll modules
- Create commission accrual transactions to record the commission liability
- Provide real-time reporting on your commission liability at any time during the month
- Provide customizable reports, SmartList objects, SQL views, and inquiry windows with drill-back capabilities
- Email individual commission statements to your sales team
Submit your review | |
Without overstating, the split commission and broker payout issues have all gone away. I have absolutely no complaints. The service is flawless, really.
