CASE STUDIES
Innovative Brokerage Network
  • Life Insurance
Background

This all used to be a manual process. By setting the payout level, the system knows when a policy comes through. We get the commission and it just splits it up the way that it needs to be split without us having to do manual calculations.

Debbie Kohlenberger | Operations Manager

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Challenge

At Innovative Brokerage, managing commissions used to involve a lot of busy work. The manual process was a significant challenge for the team, as it consumed valuable time and resources that could have been better spent helping their agents. The manual process was not only tedious but also prone to errors, leading to additional time spent on correction and reconciliation. This was slowing down IBN’s growth and efficiency, and the team was in need of a solution that would make their lives easier.

Solution

By leveraging OneHQ's cutting-edge commissions system, IBN was able to say goodbye to manual data entry. They set up OneHQ’s commissions technology to automate tracking, calculating, and distributing commissions, ultimately reducing the potential for errors and ensuring payments are always done on time. IBN saved valuable resources they can now allocate to recruit more agents and focus on tasks that drive sales. Streamlining their workflow has significantly reduced their busy work and allowed them to help more clients and serve them well.

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Result

By automating the commission management process, OneHQ has not only eliminated tedious manual tasks but has also made IBN more reliable in the eyes of their agents. The system's advanced back-end parameters help IBN catch any errors, ensuring that commission calculations are always accurate. This reliability has significantly improved IBN's reputation. Agents can now focus on selling insurance for IBN without worrying about being paid correctly. They no longer have to waste time managing their own numbers, as IBN provides them with transparent information they can trust. OneHQ's approach has resulted in less busy work for both IBN and their agents, ultimately giving them more time to focus on their clients.

Conversion Completed

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Conversion Completed

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Conversion Completed

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OneHQ’s Take

Managing commissions is complex and hard to get right, but it's extremely important. When commission payments are mishandled, it can result in mistrust, inefficiency, and lost value. On the other hand, having a dependable commissions system benefits both firms and agents. Your agents will count on you as their most reliable resource, leading to increased sales and productivity for your firm. OneHQ's goal is to help companies recruit, develop, and retain top-performing agents by providing reliable software and service. With reliable commission payments, you'll be able to keep your agents happy and motivated, which in turn will help them sell even more. By making sure that your agents receive their commissions with precision and ease, you're making a smart investment in the success of both your team of agents and your business.

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