Broker commission system

Peace of mind is the client's and the broker's, knowing that commission calculations are according to industry regulations and that all commission payments are made directly in the broker's bank account.  Simultaneous accreditation with both the FSB and the Council for Medical schemes takes place automatically in the case of medical insurance, and in the event of accreditation expiring, uPs will automatically send through the necessary renewal forms.

Being able to pull management reports from the web is an indispensible feature  for brokers, giving instant access to important information as needed.  Many similar features are supplied by uPs resulting in effortless portfolio management.  Allow uPs to do the work.  Your time is precious and uPs knows that.

uPs has many features on offer, all designed to make the broker's life easier:

• the system is written according to the legislation required by the FSB and the Council for Medical Schemes
   
• Clients commission rules can be applied
   
• uPs can seamlessly interface with multiple databases
   
• Commission can be calculated on various levels:
  
   - Division
   - Product
   - Subscription Type
   - Client Group level
   - Broker level
   - Client level
   
• Types of commission:
  
   - Yearly or monthly commission
   - Competitions
   - Loyalty Programmes
   - Professional fees
   - Up front fees
   
• Tax Invoices, Statements etc. sent via:
  
   - E-mail in CSV or Rich text format
   - HTML
   - Fax
   - Print
   - Internet
   
• Commission/Fees Payment Method:
  
  - EFT (Electronic Fund Transfers)
  - Cheque
  - Interface with 3rd Party eg. VIP, Payroll, SAP.
  - ACB
   
• IT3 Certificates and reports