Home Case Studies Commission Payouts & Reporting for US Based BGA

Commission Payouts & Reporting for US Based BGA

Overview

Commission Payouts & Reporting for US Based BGA
A brokerage general agency specializes in providing partners with the tools necessary to create custom solutions that address their clients’ specific needs. This customer offers independent insurance professionals access to the industry’s top carriers and specializes in providing partners with the tools necessary to create custom solutions that address their clients’ specific needs.

Challenges

A diverse setup is always a big challenge. The BGA’s key resources were losing focus because of all the day-to-day activities they had to handle. Arising complexities prevented them from paying invoices on time. They were looking for a commission crusader who could really jump into the boat and sail it.

Our Solution

eNoah worked hand-in-hand with the client’s commissions team to understand their processes, challenges, and expectations. Based on this knowledge, we put together a dedicated team of commission experts to transition the compensation payout process. We focused on various areas, such as:
  • Helping to extract and document statements for monthly commission payouts
  • Forming a reporting structure for the timely delivery of crucial data and reports

Key Benefits

  • Our team attained the client’s trust through excellence in handling their process. We simply acted as their in-house team working from a different geographical location. Our major achievements included quick turnaround time, expertise, and cost savings of more than 50%.

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