Mortgage commission software to track loan officer commissions

Modernize how you track loan commissions by replacing spreadsheets with our mortgage commission software and ensure accurate payouts and compliance at scale.

4.6 rating
Best Employee Engagement Software

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Compass is trusted by renowned global brands

Why customers love our platform?

Stay audit ready with modern mortgage commission software

Integrate with LOS and MOS

Seamlessly connect our solution with any loan origination system or mortgage origination system and centralize your data for accurate commission calculations for loan officers and mortgage managers.

Lendingpad

Byte

Comarch

BankPoint

Finflux

BNTouch

Calyx

Floify

Automate loan commission calculations

Replace outdated, costly systems prone to errors with our mortgage commission software, delivering 10X faster calculations for any loan amount, interest rate, type, or lender rules.

Complete transparency to mortgage brokers
Provide real-time access to the commission structure, performance metrics, potential payouts, and any adjustments made due to splits, clawbacks, or other factors.

Enable real-time commission tracking with a mobile app
Enable your loan officers to keep track of their complete history of all commission payouts received, including dates, amounts, etc. and forecast future payouts based on KPIs or deals completion.

Enhance compliance and security

Replace manual labour in approving payouts and generating reports with a complete end-to-end automated system.

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.

CFPB and RESPA

Stay compliant with global and regional rules, regulations and compliance standards.

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.