Commissions and Royalties
Industry Solutions : Association Management : Features and Benefits : Commissions and RoyaltiesAptify Commissions and Royalties can support many different types of commission structures throughout an organization, thus offering a flexible method to provide monetary incentive and recognition for performance. Commissions and Royalties can be calculated based on specific products and services sold or on the basis of any other type of activity, such as number of new leads generated.
Commissions and Royalties Features
- Commission and Royalty calculation can be tied to any measurement, simple or complex. Common measurements used include:
- Sales
- Gross Margin
- Volume of Activity (such as visits, calls, etc.)
- Web Results such as click-through or conversions
- Tiered structuring to provide incentives at different levels of sales performance
- Group performance incentives can be included in the commission calculation
- Royalties can be paid to any 3rd-party entity, individuals or organizations
- Automated payment wizard will create entire commission and royalty payment report and data-feed for payroll systems
- Date sensitive plan structures allow for overlapping plans to be established whenever needed
