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SymbioSys Distribution Management-as-a-Service
C2L BIZ SOLUTIONS PVT LTD
SymbioSys Distribution Management-as-a-Service
C2L BIZ SOLUTIONS PVT LTD
SymbioSys Distribution Management-as-a-Service
C2L BIZ SOLUTIONS PVT LTD
Adapt & Improve distributor performance to effectively manage emerging compensations
SymbioSys Distribution Management-as-a-Service is a unified service to manage registrations, various types hierarchies, agent movements, performance, persistency, advisor classifications and rating, incentives, contests/campaigns, compensation and Finance for multiple distribution channels (captive agency, BANCA, brokers, IFA’s etc) across various Lines of Business (Life, Group Life, Health, P&C). It provides a lot of power & flexibility to drive your business strategies based on the priority – like pay commission on daily basis/frequency desired by business, offer incentives for digital sales, segment-based compensation rules, newly evolving distribution channels etc.
SymbioSys Distribution Management has configured 1000+ unique rules for various KPIs, performance and compensations across its 13 implementations. It has processed 2+ million payees across channels. It enables insurers to launch new channel partner in <5 days.
SymbioSys Distribution Management is designed for global insurance distribution needs with unique capabilities like:
Hierarchy Management
Manage all possible types of hierarchies (reporting, monitoring, geographical, recruitment etc) as per your designations with absolutely no restrictions for contract management, regulatory rules, license managements, & payment credentials
Empower senior team to digitally onboarding new advisors along with capabilities to automate all types of movements of advisors & portfolio based on your own rules
Performance management
Create & monitor various types of KPI’s based on inputs from Policy, Premium, Commission, Agent, lead, & activity but also for various unique KPI’s based on different types of Persistency, hierarchy, segmentation rules
Leverage Balanced Score Card approach for performance tracking & rewarding to ensure that performance is tracked & aligned to business goals
Do not treat all agents alike, but reward high performing agents based on the true value to organization
Compensation management
Reduce time & cost of administering diverse types of compensations accurately
Dynamic Rule engine driven compensation computation for faster adaptation to emerging types of compensations, pay-outs
Ensure compensations are truly helping in achieving business objectives
Reduced risk of compliance failures due to the siloes & manual interventions
Finance Management
Automate ability to create a bank file for payments ready with local taxations, rules, & schedules of choices
Effectively improve ability to track, control & administer adjustments, write-offs, payments hold & release systemically with minimal manual interventions
További információ
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https://store-images.s-microsoft.com/image/apps.40693.deb07393-04a5-4b98-8421-bc88fa03df94.d8b04989-ecd8-41f0-8b48-03a10f665055.3abe5c5f-ad60-4689-aaf6-87876aedc766