Software Quality Research Library

Compensation is a fragmented process fraught with inconsistencies, errors and wasted time for most carriers, Managing General Agents (MGAs), producers and support staff in today's insurance industry value chain. Establishing accurate, timely payment cycles, securing producer loyalty and verifying legal compliance are impossible without effective tools. Unfortunately, today's tools usually consist of work-intensive spreadsheets and unwieldy, inflexible legacy systems involving error-prone manual processes.