In most companies, sales representatives are compensated in accordance with their performance, based on a commission agreement. The same can be true for freelancers, brokers, franchisees, sales partners and third-party sales organizations. The variables which make up a commission structure can be complex. This calls for end-to-end management of all data which is relevant to commissions in order to make all the calculation methods and results transparent to the user and the recipient.
With COSMO Commission
you massively reduce the time to spend for preparing commission statements
you have full transparency over the pending commission payments including a check and correction before payment
you can easily and flexibly adjust the commission rates to market requirements
COSMO Commission is simple to administer and offers the flexibility needed to support your company-specific commission structure requirements (see Figure 1).
The documents which are created in Microsoft Dynamics 365 BC when placing an order or issuing an invoice provide the basis for commission and bonus settlements. This data and these documents are used in the commission app for calculating settlement – according to the rules and settings which you defined in line with the specific requirements of your company.
The amounts for commissions and bonuses can be calculated in many different ways and can be determined for any periods using different basic data. From a simple percentage of an invoice to a margin-based commission split, you can set up multiple commission and bonus schedules to reflect your business environment.
No matter what your business requirements are, with the commission app from COSMO CONSULT, calculating and paying is no longer a time-consuming challenge.
Comission proposal and settlement
Calculations based on quantity and amount
Settlement after delivery, invoicing or incoming payment
Flexible definition of commission rates
Multi-currency commission settlement
Bonus settlement can be mapped similar to commission settlement
Historical tracking for audit or recipient vertification
Tiered commissions and group calculations
Visivbility throughout commission settlement