Commissions Problems We Solve
Expensive
If you’re calculating payouts or paying producers by check you’re probably paying too much.
Inconvenient
Delayed payouts and errors aggravate agents and producers, hurt morale, and damage sales performance.
Inflexible
Most systems are rigid and sales leaders have no ability to leverage creative incentive programs quickly or easily.
Slow
Slow Commission processing, reconciliation, mailing checks, and issuing 1099s increases overhead and hurts the bottom line.
Unscalable
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.
Commissions Calculator
*Savings are estimated and do not constitute a quotation or proposal. Please contact us or schedule a time to speak with one of our geniuses to verify potential commissions.
*1099 calculations are based on an amortized monthly schedule, assuming 2 hours of bookkeeping per 1099 filed and a $4.00 mailing fee.
*Estimated bookkeeping fees assume 15 minutes per commission payment.
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
Capabilities:
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.
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