Seamless commission management and tracking in one platform

Case Study: Insurance Industry

Complete automation of all their manual processes & real-time commission data

Achieve up to 100% accuracy in commission calculation execution

80% less time spent on commission calculations in Panama post-implementation

Overview Company

An American insurance company that provides a wide range of property and casualty insurance products and services for individuals and businesses. Operates in 54 countries and territories and offers insurance coverage for a variety of areas, including auto, home, commercial, and specialty insurance.

Challenge

The company had been manually calculating their commissions using an Excel spreadsheet system, which was time-consuming as it required their team to manually review and capture plans while also performing calculations.

The implementation of the new solution was required in several Latin American countries.

Solution

Blitz® automated the commission calculation process, providing the flexibility to define and create custom compensation plans quickly, easily, and without errors. The user-friendly compensation design dashboard allowed real-time visibility and streamlined the team’s previous calculation processes.

The solution was successfully implemented in Chile, Peru, Argentina, Panama, and Ecuador.

Benefits

Complete automation of all their manual processes.
Blitz® provides users with real-time commission data and allows seamless financial and accounting information transfer to their platform.
Significant reduction in the time spent on commission calculations, previously done on Excel spreadsheets.
Accuracy in commission calculations and elimination of errors and inefficiencies in the calculation process.
Achieve up to 100% accuracy in commission calculation execution.
80% reduction in time spent on commission calculations after implementation in Panama.

80% reduction in time spent on commission calculations after implementation in Panama

Start automating your commission tracking process today!