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In today’s competitive financial sales environment it is important to effectively motivate the sales team. Part of the incentive is to ensure that each sales person is correctly compensated with an effective commission structure.
This provides a challenge as commission formulas become more complex and companies move to reclaim commissions on short term holdings. Wholesaler Commission Manager is an end-to-end solution for managing the commission process on all 40-ACT funds, including ETFs. The system does more than simply manage the calculation and payment of wholesaler commissions.
Wholesaler Commission Manager enables finance and accounting managers to mitigate the risk of incorrect commission payments and provides the ability to analyze commission costs across sales organization, client or product dimensions.