Bond Originator Commission System

The commissions system for our client, a bond originating company, optimises commission payments by importing and matching deal information from an administration system, claims from agents, and income data from banks to accurately calculate and generate commission payments. Commission amounts are determined for each entity involved in a deal and are either paid to agents or included in consultants' salaries. The system performs monthly profit allocation runs to ensure alignment between the General Ledger and the commission system. Additionally, it offers operational reporting to efficiently track and manage commissions and payments.