Compensation Management

VUE Compensation Management is a powerful, flexible and intuitive tool that makes it easy for insurance organizations to organize and streamline complex commission and incentive programs.

Drive Successful Product Lines
Utilizing the intuitive interface of VUE Compensation Management, companies can create incentive programs that maximize sales of the most profitable products. Compensation strategies can be changed quickly in response to market opportunities, providing companies with a competitive advantage, and delivering the flexibility sales and marketing executives need.

Align Compensation to Company Goals
With clear compensation metrics and commission statements, there’s no question on how individuals are paid. This clarity ensures that producers focus on the priorities defined by the compensation program rather than spending time on shadow accounting.

Accurate Compensation Runs - On Time
Rich automation capabilities greatly reduce the administrative and operational costs of managing the compensation payout process. A robust transaction engine ensures the accuracy of all commission and bonus payouts regardless of product, distribution channel complexity or transaction volume.

Accurate Compensation Runs - On Time
Rich automation capabilities greatly reduce the administrative and operational costs of managing the compensation payout process. A robust transaction engine ensures the accuracy of all commission and bonus payouts regardless of product, distribution channel complexity or transaction volume.

Features :

Unlimited hierarchies including support for multiple hierarchies per payee

Unrestricted payout schedules and compensation plans using client-defined business rules

Flexible client-defined bonus programs

Advance and draw support

New business registration tracking ensures full awareness to prepolicy milestones

Easy plan maintenance with full audit trails

Insightful research tools to resolve compensation disputes

Comprehensive licensing and compliance management

Retroactivity

Performance-tuned high volume transaction engine

Powerful and extensible reporting

Field level security and auditing ensure control and accountability in system modifications

Customizable workflow for rules-based distribution of communications to producer channel members

Integration engine using standards-based XML technologies supporting SOA and Web Services interfaces

Add-on VUE Online module for web-based agent access

On-site or hosted deployment models

VUE Software