Acumen Commission Module
ACUMEN Commissions Module
Manage Your Sales Commision & Compensation With ACUMEN Book Commission Module.
You can set up ACUMEN to track commissions for sales representatives and automatically create commission checks for them. Commission rates can vary depending on the rep, the customer, or the kind of product. You can assign more than one rep to a customer, and you can enter multiple reps in invoices and credit memos. ACUMEN supports both accrual and cash-based commissions.
There are some important questions to answer as you prepare to set up the Commissions System. Will you use the simple rep/percentage method to calculate commissions, Rep Tables, or the Commission Quota System? And, are your commissions paid on an accrual or a cash basis?
The simplest form of commission agreement is a flat percentage of sales. ACUMEN will automatically load the Rep and corresponding percentage the customer is entered in an invoice or credit memo. You can also use this method when a Rep receives different percentages for different customers, by entering the customer-specific commission percentages directly in the respective Customer records.
ACUMEN Commision Module Highlights
- Choose between a simple percentage of sales, Rep Tables for more complex commissions, and the Commission Quota System.
- Rep Tables support multiple reps for one customer and/or different commission percentages for different products.
- Choose between accrual-based commissions and cash-based commissions.
- Create Reps directly in ACUMEN and by import.
- Rep record settings are at the basis of all commission calculations.
- Rep records are part of the Vendor file but are filtered from Authors and other Vendors to be accessed separately.
- A Rep can be an individual or a Rep Group.
- Rep Groups enable you to summarize and organize reps by group on Commission reports, statements, and checks.
- Assign a Rep to each applicable Customer and sales to (and returns for) that customer are attributed to the Rep or Rep Group automatically.
- Use the Customer Update function to assign the same Rep to all selected Customers at the same time.
- Assign Reps and Rep Groups to new Customers as part of the Customer Import.
- Use a Customer Update/Import to assign the same or different Reps to existing Customers at one time.
- Enable the Rep Mandatory Preference to require that a Rep be assigned to all Customers.
- The optional Commissions Quota system is an alternative way to calculate Commissions based on the assignment of Sales Reps to non-overlapping Sales Regions set up by State and Country.
- Use the Search By Rep Special Search to locate Customers in the Customer file based on fields in the Rep file.
- Use several Special Searches to quickly locate records in the Rep file based on fields in the Contact, Events, and Old Code files.
- Search for Reps using the My Associates Special Search.
- Create Commission Checks for Reps from the Rep or Check file.
Benefits of ACUMEN Commision Module
Increased Efficiency
When you’re working with a single, universal sales commission solution — such as the ACUMEN Commision— that automatically and accurately calculates incentive compensation payments, the risk of error becomes negligible.
Greater Accuracy
Roll out accurate commission on time without missing a dime. A powerful commission software can manage complex sales commissions and create customized commission systems, which helps you encourage your sales department to perform better.
Improved Sales and Tracking
The one feature many sales professionals desire is being able to post queries or sales receipts at any time from any device. That means they can view exactly where they are in real-time, in terms of target attainment.
Improve Sales Performance
ACUMEN Commision Management Module provides a real time dashboard to track and record your slaes rep performance and identify the ways to increase sales.
Depp Insights To Future
ACUMEN Commision Management System delivers actionable insights from your sales & commision data to secure your future by helping in forecasting future sales trendz.
Enhanced Transparency & Visibility
Commission Management Module enhances the transparency of sales & commissions. Your Sales rep won’t feel in dark, they have a clear compensation visibility.