the Key to Commission and Fee Accounting and Reconciliation
the Key can be used to record all incoming procuration
fees and commissions which are then matched against expected income. This
provides automated reconciliation of fees and commissions as well as greater
management information.
In particular,
the Key will automatically produce reports,
by individual adviser or provider, by team, by appointed representative,
by company or any other grouping, showing:
- Pipeline
- Fees and commissions due
- Fees and commissions received
- Fees and commissions outstanding