Quartal COMMISSION - Commission Management & Sales Controlling
Quartal COMMISSION is a multi-asset class commission and distribution fee management solution that increases transparency and accuracy in commission processing while reducing associated costs and risks. A flexible and innovative solution, it automates the calculation, allocation and reconciliation of distribution commissions and sales costs.
The system offers a calculation and processing engine specifically designed and configured for all aspects of commission and retrocession management, allowing for rapid, reliable and transparent data processing, calculations and real-time reporting. Quartal COMMISSION benefits from great modularity enabling clients to have a solution tailored to their specific needs.
Product Functionality & Processes
Key Features
- Automated calculation of payable/receivable commissions
- Allocations and reconciliation on payments and holdings
- Contract management and workflow
- Sales controlling and scenario modeling
- VAT/tax management
- Sophisticated, flexible user interface and ad-hoc reporting. BI capabilities through dashboards and KPI controls based on leading technology
- Compliance with current regulations and provide a platform for future regulation compliance in relevant markets
- Customizable, modular offering provides flexibility to meet client requirements
- Global implementation capability based on a strong team of industry and product experts as well as local implementation partners for key markets