Commissions Problems We Solve
If you’re calculating payouts or paying producers by check you’re probably paying too much.
Delayed payouts and errors aggravate agents and producers, hurt morale, and damage sales performance.
Most systems are rigid and sales leaders have no ability to leverage creative incentive programs quickly or easily.
Slow Commission processing, reconciliation, mailing checks, and issuing 1099s increases overhead and hurts the bottom line.
Increased sales volume should be a good thing, but increased overhead, higher fees, and longer processing times can eat profits.
Genius Pay Solves Those Problems and MORE!
Increase sales – Incentivize, recognize, and reward your sales people with easy payout programs that motivate teams to sell more and increase revenues.
Lower fees – Leverage our competitive ACH rates to reduce check costs and unlock immediate savings.
Any worker, any team – GPS doesn’t require a checking account to pay salespeople, agents or producers. We can create virtual debit cards that connect to digital wallets in minutes.
Incentive Flexibility – Pay producers whenever and however you want. Establish milestone prizes, create challenges, and issue incentive rewards on the fly.
Multiple enrollment options – Salespeople and producers can sign up individually through secure portals or added in bulk via team census.
Automated 1099s and W9 management– Depending on the size of the sales team, 1099 production could be eating dozens, or even hundreds of hours. We’ll take that off the to-do list, accurately and affordably and handle IRS submissions.
Advanced reconciliation – Multi-tier commission structures are no problem. Our solution supports payout rules up to five tiers deep.
Last-mile ACH payouts for established solutions – Even if your team has a payment system in place, GPS may be able to enhance your automation and reduce payout costs.
CheckS This ARE Out:
Did you know that checks…
- Can take up to 45 days to clear
- Can cost between $6 and $25 to print and mail a single payment
- Are bad for the environment and consume tons of paper, fuel and water every year before they end up in landfills
- Accounted for 47% of deposit fraud losses in the US in 2019
- Can stay on your books indefinitely making escheatment increasingly difficult
Unlock Genius Capabilities
Save Money, Time, and Salespeople
Forbes recently found that 78% of employees said access to on-demand pay would increase their loyalty to an employer. So if you’re tired of losing top producers and want to cut down on turnover. Schedule an appointment today or leave us your contact info below.