Insurance commission software built to drive agent performance

Our insurance commission software automates complex crediting rules, ensures compliance, and motivates agents with real-time transparency into earnings made across products.

4.6 rating
Best Employee Engagement Software

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Compass is trusted by renowned global brands

Track and analyse commissions paid for any insurance products

Import data from carrier statements, automate agent commission calculations, gamify the selling experience and report on high-performing policies to gather ROI insights.

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“Agents often struggle to understand their commission calculations”

Provide complete visibility into commission logic on various policies

Our insurance commission software simplifies complex plans into clear metrics and offers future earnings visibility, motivating reps to close high-value deals
Forecast earnings based on different policies
Your insurance agent can calculate the potential commissions that they can earn upon selling different types of policies, including health, vehicle, and so on.
Provide calculation logic documents in-app itself
Enable your agents to understand how commissions are calculated for different policies which are assigned to them under a documents tab in a mobile app.
Provide real-time commission tracking with a mobile app
Enable your agents to keep track of their complete history of all commission payouts received, including dates, amounts, etc.

Why insurance companies prefer our platform?

Simplify plan complexity and compliance in insurance commissions

Handle state and federal regulations

We ensure that you stay compliant with all local, regional and international regulations for different licensing requirements, commission caps, and disclosure rules for each state.

Tax Compliance

Automatically calculate and withhold taxes based on local tax laws and regulations.

Data encryption

Ensure that sensitive payment data is encrypted to protect against unauthorized access.

Audit trail

Provide reports including changes made to commission plans, adjustments, and payment history.

NAIC, FIO, and so on

Stay compliant with revenue recognition standards and regulations of NAIC, FIO, etc.

Improve agent performance and sales

Replace outdated, costly systems prone to errors with our insurance commission software that enables you to gather ROI insights on policy sales tied to various commission plans.

Track agent performance based on policy sales, renewals, etc
Track your agent's performance metrics, potential payouts, and any adjustments made due to splits, clawbacks, or other factors. Provide them with real-time earnings visibility on a mobile app.

Automate agent commission statement with on-time payouts
Enable on-time payouts for your agents, whether on a transactional or aggregate basis, with error-free calculations. You can automate commission approvals and reduce manual labour.

Report on policy performance

Leverage our platform's in-depth reports to track agent commission payouts, analyze policy performance, and uncover upsell and cross-sell opportunities.

Commission summary

Custom dashboards

Overrides

Policy reconciliation

Commission vs premium

Premium payments

Split commissions

Cancelled policies

Escalations

Commission forecasts

Run AI-powered sales contests

Gather insights on how the sales competitions are helping your agent’s performance in different ways and enable them to track their performance on the go.

Broadcast on TV screens

Run sales contests and stream live on your company’s digital screens worldwide.

Race themes

Keep your sales reps engaged and create urgency with race-based competitions.

Custom Competitions

Launch one-on-one or team competitions, rewarding top performers to drive sales.

Communities

Create communities to let team members collaborate and support each other toward common goals.

Keeping your reps happy doesn’t require an expensive software

Our solution allows you to focus on managing and motivating your reps to increase sales revenue without worrying about extra costs for new features or support. Our pricing is based on two components including platform fee and one-time setup cost. We're happy to offer custom pricing tailored to your specific needs.
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Trusted by leading global enterprises

”Reduced incentive plan design time by 40%”

Compass solved the hardest part of managing different channel partners which is ensuring each of them has a customized commission plan with respect to their region, channel type, revenue, competitive landscape, etc., and keeping them all aligned with organizational revenue goals.

Partner Account Manager, Coco-Cola

”85.8% increase in dealer engagement”

Compass allowed us to motivate the right behaviors of our dealers worldwide. We provided upfront value for the dealers by showing them how much they could earn for each sale with an earnings forecast. This allowed them to focus on better deals and, in turn, more revenue for us.

Strategic Alliances Manager, Mercedes-Benz

"A single dashboard to manage all partners."

Managing sales data for thousands of partners worldwide is challenging when it's scattered across multiple systems. Compass brings everything under one dashboard, making it easier to manage your network and gain valuable insights.

Partnerships Head, Nestle

FAQs

1. How does incentive automation help me and my team?

Automating incentive processes lets your team focus on their core sales activities without worrying about errors or payout delays. Additionally, real-time visibility into performance ensures that your team knows exactly how their efforts translate into rewards, keeping them motivated and aligned with company goals.

2. I have an in-house system for incentive calculation. Why should I consider Compass?

You can worry less about shadow accounting and provide complete transparency across stakeholders about the budget allocated vs commissions spent and revenue generated through it, which is more challenging and may lead to errors through an in-house system.

3. Will Compass ensure our team's incentive calculation is accurate?

Yes, Compass has one of the most powerful calculation engines with real-time data processing, rigorous logic checks, and advanced reporting. It provides accurate calculations for commissions, bonuses, etc., ensuring fair and timely payouts.

4. I have been using Excel for incentive calculation. Why should I shift to Compass?

While Excel is a familiar tool, it can be prone to errors, time-consuming, and lacks scalability. Shifting to Compass provides a centralized, automated solution that reduces errors and offers real-time insights, robust reporting, and scalability as your business grows.

5. The incentive data are stored in multiple sets. Is there any way to connect them?

Yes, Compass offers 85+ data integration options, allowing you to connect multiple data sets from different systems. Compass consolidates all your incentive data into a single platform through API integrations or data imports, making it easier to manage, calculate, and report on incentives across different departments or business units.

Enterprise-Grade data security and privacy management

Compass meets the highest certification standards to help reduce compliance
burdens for your business and keep payouts safe.
Here is what Compass offers:
HTTPS and HSTS for secure connections
The platform adheres to all global standards including WCAG, SOC II, ISO 27001, CCPA, HIPPA and GDPR
Checks and processes like VAPT, code reviews, BCP, firewalls, IDS, logging, monitoring, MFA, data encryption and code audits.