VUE Software: Sales Compensation Management and Enterprise Incentive Management Solutions  
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VUE Software: On-Demand Sales Compensation Software and Incentive Compensation Management (ICM)
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Compensation Management

VUE Compensation Management is a powerful, flexible and intuitive tool that makes it easy for insurance organizations to organize and streamline complex commission and incentive programs.
Drive Successful Product Lines
Utilizing the intuitive interface of VUE Compensation Management, companies can create incentive programs that maximize sales of the most profitable products. Compensation strategies can be changed quickly in response to market opportunities, providing companies with a competitive advantage, and delivering the flexibility sales and marketing executives need.
Align Compensation to Company Goals
With clear compensation metrics and commission statements, there’s no question on how individuals are paid. This clarity ensures that producers focus on the priorities defined by the compensation program rather than spending time on shadow accounting.
Accurate Compensation Runs - On Time
Rich automation capabilities greatly reduce the administrative and operational costs of managing the compensation payout process. A robust transaction engine ensures the accuracy of all commission and bonus payouts regardless of product, distribution channel complexity or transaction volume.
Support Compliance Initiatives
Programmed compliancy checks ensure carriers maintain appropriate licensing and credentialing verifications for their entire producer channel. Payment suppression makes certain only those agents with valid appointments are run through the compensation process. Granular control and monitoring of the payment process ensures full audit trails to help meet regulatory requirements such as Sarbanes Oxley.
Features :
  • Unlimited hierarchies including support for multiple hierarchies per payee
  • Unrestricted payout schedules and compensation plans using client-defined business rules
  • Flexible client-defined bonus programs
  • Advance and draw support
  • New business registration tracking ensures full awareness to prepolicy milestones
  • Easy plan maintenance with full audit trails
  • Insightful research tools to resolve compensation disputes
  • Comprehensive licensing and compliance management
  • Retroactivity
  • Performance-tuned high volume transaction engine
  • Powerful and extensible reporting
  • Field level security and auditing ensure control and accountability in system modifications
  • Customizable workflow for rules-based distribution of communications to producer channel members
  • Integration engine using standards-based XML technologies supporting SOA and Web Services interfaces
  • Add-on VUE Online module for web-based agent access
  • On-site or hosted deployment models
Technology
VUE Software utilizes Microsoft platform technologies as the foundation for all system development providing a standard architecture to facilitate enterprise integration and assure cost effective implementation on commodity hardware. Clients can choose to deploy on either an Oracle or Microsoft SQL Server database.
VUE Software is an active member in Microsoft’s Insurance Value Chain (IVC) program and works closely with Microsoft to ensure leading system integration, scalability, reliability and security.
 
Datasheet for VUE Compensation Management
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An intuitively designed interface allows products to be setup and modified with ease.
 
 
 
Clear visuals make even complex hierarchies easy to understand.
 
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