Accutech Systems Corporation is the fastest growing trust and investment management software provider in the nation. Accutech currently services a client base of over 300 institutions in 41 states, ranging from start-ups to multi-billion firms. Their products have established a reputation as some of the most reliable and cost-effective solutions available.
Accutech commission's plans were quite complex and were being administered using many spreadsheets. Phil Dunn, the CFO, had just taken over the commissions responsibility and felt overwhelmed by the manual spreadsheet process. Commissions were paid on recurring revenue for a customer over multiple years. Commission rates varied by the year after the customer's start date.
Commission rates were unique by each sales person. Commission rates also varied by different product lines and some products and services were not commissionable. In addition commissions could be split between sales reps as well as provide overrides for marketing reps and managers. Some sales reps also had recoverable draw programs and the draw balances had to be managed. Doing all these calculations in spreadsheets was very time consuming and prone to errors.
Phil went through an exhaustive evaluation of sales commission software including QCommission. During the sales process, he reviewed the specific QCommission demo conducted for his business and was struck by the perfect fit for his needs. He very quickly selected QCommission as the solution for his needs.
The QCommission implementation team helped Phil set up all his commission plans and helped him verify that the commission results were accurate in the new system. "The implementation team was very professional in setting up all of the plans and patiently responded to all of my questions", Phil said, "I had a very good training session and help on my first period commission run. The software is completely worth the cost. I was able to get a ROI in my very first period without the pain of manual calculation and with error free results. I will happily recommend this software to other firms who are dealing with commission administration and wasting a lot of time."
"The software is completely worth the cost. I was able to get a ROI in my very first period without the pain of manual calculation and with error free results. I will happily recommend this software to other firms who are dealing with commission administration and wasting a lot of time", sayes Phillip Dunn.
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