VUE Distribution Compensation™

Create flexible compensation and incentive programs that grow your business and expand your channels of distribution

VUE Distribution Compensation

Solution Overview

A powerful and flexible solution that makes it easy for Life & Annuity, P&C and Health insurers to administer complex commission and incentive programs. These programs may include grading of compensation, gamification, non-monetary compensation, and contingent commissions.

Features

Supports All Insurance Compensation Plans

  • Supports all flat rate and percentage commission structures
  • Supports graduated and tiered commission plans
  • Supports monetary and non-monetary incentives
  • Allows oversight of compensation advances (annualization)

Powerful Compensation
Calculation Engine

  • Supports custom sales measures
  • Supports user-defined commissionable events, e.g., charge backs, renewels, etc.
  • Supports multiple hierarchies per payee
  • Automated scheduler for compensation plans and payouts
  • Allows statement previews
  • Provides the ability to retroactively make changes to a plan, agent, or policy characteristics along with effective dates

Product-Line Support

  • Manages multiple types of insurance contracts/policies
  • Manages multiple types of financial and wealth management products & services
  • Tracks new business registration
  • Serves unlimited hierarchy tiers
  • Enables multiple commission splits
  • Provides efficient policy and insurance plan research
  • Presents complete audit trails
Distribution-Management_New_Stack

Custom Compensation Workflows

  • Custom approval processes
  • Flexible user-defined bonus and compensation programs
  • Business rules for payouts based on business requirements

Producer Self-Service Portal (Integrate VUE CRM for Insurance – premium plan)

  • Commission research
  • Commission disputes
  • Submitted business reports
  • Commission statements
  • Downloadable commission records
  • Online commission-dispute resolution
  • Quota and target management
  • Bonus qualification reporting
  • Bonus approvals
  • Production reporting

VUE Analytics and Reporting (Integrate VUE CRM for Insurance – Premium Plan)

  • Sales performance reporting with targeted KPI’s
  • Profitability analysis
  • Producer segmentation by category
  • Producer run rates, sales, policies, and loss tracking
  • Customizable dashboard creation
  • “What-if” analysis and reports for agent compensation changes
  • Detailed management reporting

“VUE Software offers easy access, great dashboards, and transactional reporting for our advisors. With VUE’s automated carrier commissions feeds, our agents now get paid faster.  This technology provides our team with state-of-the-art capabilities to help grow today and for years to come.”

Mike Kalen

Chief Executive Officer

“I want to thank each member of the VUE Software team for their exceptional effort.  We knew we were pushing the envelope to implement this solution so quickly. Each team member went above and beyond expectations to make this happen. Thank you for your continued excellence and dedication to making sure Molina Healthcare is able to keep our commitments to our brokers.” 

Janet Fosdick

Vice President

“VUE Software’s company culture aligns with our belief in continuous technological improvement and commitment to enhancing the digital experience. Their leading-edge technology offers the flexibility, configurability, and scalability we require as a forward-thinking, customer-focused insurance company.”

Sanjay Pandey

Chief Information Officer

Build Flexible Compensation Programs

Using the intuitive interface of VUE Distribution Compensation, companies can create incentive programs that maximize sales of their most profitable products. This powerful solution allows you to react quickly to market opportunities with flexible compensation strategies. It also allows organizations to gain competitive advantage and deliver the flexibility sales and marketing executives require.

Increase Producer Retention and Satisfaction | Producer Compensation

Increase Producer Retention and Satisfaction

Enables producers to access clear compensation metrics and commission statements that are easily understood. Statement accuracy allows producers to focus on sales and revenue rather than wasting time on shadow accounting. This accurary increases retention and satisfaction as producers choose to do business with carriers that make it easy to do business.

Hierarchy Management

VUE Software’s advanced automation capabilities greatly enhance the management of complex agent and distributor hierarchies to ensure accuracy and timeliness of commission transactions. You can drill down into the details of how each policy is paid along with reporting hierarchies for effective, accurate commission payments.

Robust and Accurate Transaction Engine

VUE Software’s robust transaction engine ensures accuracy of all commission and bonus payouts regardless of product, distribution-channel complexity, and transaction volume.

Robust and Accurate Transaction Engine | Producer Compensation

Transform Producer satisfaction with VUE’s Self-Service Portal

Customize and automate the entire commission process including commission records and online commission dispute resolution, enabling producers to download commission and tax records. Manage sales quotas and targets, report bonus qualifications and approvals with full production reporting.

Learn More About Producer Compensation