A commission management solution designed by Companion Software, Inc.
A subscription based database solution that simplifies commission calculation, deal tracking, and accounting tasks. Created using Microsoft .NET technology everyone in your organization benefits from the many features found only in Version 5.
Version 5 product features include new commission engine, improved security, enhanced commission distribution, unlimited number of users, and faster performance. Optional features include a support subscription service and a web-enabled data entry and reporting service.
Use Version 5 to manage all your invoices, cash receipts, commission vouchers and their payments as they relate to any deal. Additional capabilities include:
Customers: Setup and manage detailed customer account information such as accounts receivable and a complete deal, invoice, and payment history.
Vendors: You can create commission vouchers for payment and process commission check information for any in-house agent or outside broker on a deal.
Invoices: Generate invoices for any deal with full commission distribution by vendor. You can include a commission worksheet, make adjustments, and send invoice via email.
Payments: Record payments received from a customer and TCCv5 automatically processes commission distribution for payment and the creation of commission vouchers.
TCCv5 will facilitate the flow of accounting data within your organization and support you with critical sales, marketing, and financial reports in a timely fashion.
Complex commission distributions and calculations are easily performed with Version 5’s improved commission calculation engine. Track commissions that are estimated, invoiced, paid, or have multiple commission levels using production value totals.
Commission Worksheet: Quickly determine the gross commission due on any lease deal. Use this information to generate accurate invoices and commission distributions.
Commission Distribution: Configure how a deal’s gross commission is to be distributed between in-house agents, outside brokers, and your firm.
Manager Overrides: Setup commission overrides for your sales managers and structure bonus incentives using a flat rate or by percent of deal.
Draw Accounts: Easily setup draw and expense accounts for your agents with recurring expenses and scheduled automatic updates.
You can also account for varying monthly or annually rents, free rent, and variable commission rates when determining your firm’s gross commission. Keep your agents happy by setting up a secure optional reports portal easily accessed from their web-browser.
Version 5’s deal management capabilities offer an elegant solution to the common problem of collecting and storing commercial and industrial real estate transactions. All deals in the database are grouped by projects, completed transactions, or by transactions in-process
Manage Projects: Create a project group then assign, reassign, or un-assign any deal to that project. Review, compare, and analyze deals by their project assignment.
Manage Deals: Add new or edit previously entered deals. Get timely notifications of upcoming lease expirations, lease options and their potential commissions.
Manage Pipeline: Assign deals that are in process to a pipeline. Share pipeline data, such as revenue forecasts, lease requirements, or other information between sales, accounting, and management personnel.
Version 5’s reporting and query systems give you timely notifications of upcoming lease expirations, lease options and their potential commissions. You’ll prepare clear and easy to understand sales and lease management reports and graphs. There’s an optional on-line data entry form that significantly increases the speed and ease of collecting and managing deal information.
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