Sales Force Commission System (SFCS)

SFCS is a web application for internal use, which has been used for calculation of commission for agents for our Insurance client. Monthly transactions get imported to the application to calculate commission for agents. Application is equipped for generating commission statement for each agent in PDF format. It also generates the financial transactions which get transferred to the accounting system.

For branch managers of special locations, a new kind of remuneration is added on top of the normal remuneration the branch managers get. The calculation includes an initial commission as well. We have also implemented the logic to split the commission as per the payment received from the customer against the policy.