With our solution, the Broker can setup independent distributors (or associates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), to market products and services. Independent distributors develop their organizations by either building an active customer base, who buy directly from the distributor, and/or by recruiting a downline of independent distributors who also build a customer base, thereby expanding the overall organization. A commission is paid based on the volume of product sold through their own sales efforts as well as that of their downline organization.

Our solution provides product bundling capabilities that unleashes the broker’s marketing creativity. Product bundles can include products from totally unrelated providers to increases the value to the customer. We will collect a single scheduled payment from the customer and then pay the individual product providers on behalf of the customer. Brokers can configure our solution to calculate sales commissions at the bundle level or for selected products in the bundle.

Brokers also benefit greatly from our commission reconciliation capabilities. As scheduled payments are received from customers for products sold by the Broker sales organization, our system will calculate and record the commission earned/due from the product provider. We the commission remittance is received from the product provider, the commission remittance is compared with the calculated commission earned to identify accounts where the commission was earned but not paid. The Broker can promptly contact the product provider to remedy the commission payment shortfall. This reconciliation processing is also useful in confirming commission chargeback situations.

Broker Solution Highlights