The best platform to manage insurance sales organizations & commissions.
Efficient sales force and commissions management for insurance companies. FS-ICM supports you to manage complex sales organizations across different sales channels and to automate incentive and commission payments.
Benefits
Built for insurers out of the box
The incentives and commissions management module’s versatility supports a vast library of commission models from day one, including acquisition commission, portfolio commission or bonuses. Built for insurance, we deliver the precise functionality you need out of the box, with no additional development required.
Simplify complex sales hierarchies
Centralize and organize your sales team master data with built-in workflows and automation. With contractual agreements and external structures all held within a single system, firms can easily set up compensation frameworks and control data access at scale. Spend less time on admin and more on revenue optimization.
Manage diverse payments in one system
Incentives and commissions management handles a wide variety of payments, including commissions, flat rates, and guarantees, ensuring financial accuracy and integrity from end-to-end, including offset payments and reporting. This way you can better control outgoings and see a clear, real-time view of transactions.
Features
Sales Force Management
Maintain all contractual agreements between the company and the sales intermediary at single place. Setup and manage complex sales hierarchies which can be used for instance in the commission calculation to calculate manager commission.
Advanced Commission Calculation
FS-ICM streamlines and automates commission calculation, by providing a flexible commission rule framework which can be highly adapted to your requirements. Full transparency is ensured, by documenting inputs and results of the calculation. Dependencies between business transactions are considered.
Integration with other SAP Fioneer and SAP products
Out-of-the box integration with other SAP Fioneer and SAP products ensure smooth integration in the system landscape. Based on SAP landscape, FS-ICM takes advantage of features offered by this platform.
