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| Posted: |
07 May 2008 |
| Published: |
07 May 2008 |
| Format: |
PDF
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| Length: |
3
Page(s) |
| Type: |
White Paper |
| Language: |
English |
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ABSTRACT:
This document provides insurance carriers with an overview of expected Return on Investment (ROI) to be gained from deploying the ACom3 Commission and Incentive Compensation system. Most organizations would readily admit that the following list of pain points would apply in whole or in part to their organization and business process:
- Lack of flexibility in designing commission and bonus plans
- Too much dependency on IT resources
- Inadequate system reporting
- Cumbersome (lack of?) integration with other applications
- Far too much manual intervention in the business process
- Inability or difficulty in leveraging technology to improve the producer experience
To conduct an ROI analysis it is critical to consider what financial impact these pain points have on the organization, and then to consider the business benefits and resulting ROI that would be generated by deploying a modern, fully functional system such as ACom3.
ACom3 has been designed to provide end to end automation, greatly reduce the need for internal IT support, and to provide the features and functions necessary to introduce a strategic component to commission and bonus payouts. The net result is that ROI is generated from both cost avoidance as well as increased revenue/profitability.
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BROWSE RELATED RESOURCES:
Compensation | Customer Service | Return On Investment |
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View All Resources
sponsored by ACTEK, Inc. |
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BROWSE RELEATED PRODUCTS:
Software |
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