Six Ways To Save Money With Commission Tracking Software
Maybe you already use an MS Excel spreadsheet to track your commission. In this article, we will uncover the six major reasons to buy a commission tracking software. You will likely come to the same conclusion we did. There is no substitute for a program written specifically for tracking commissions.
1. You are going to eliminate costly errors and over-payments
It is common knowledge that data entry has an error margin of more than 5%. So if you are using a spreadsheet, you are constantly at risk of making an error. This will cost you more as the sales people call wanting to be paid correctly. CommTrack will keep these errors at a minimum, freeing you up to work on new money, not needing to chase mistakes.
2. It will be easier to maintain associates.
Nobody wants to be paid incorrectly. But it seems commission sales people are less patient than salary employees. If you arent using a commission tracking software, how positive are you that the commissions paid are accurate. You need to be 100% positive and confident, and you will see less sales staff turnover.
3. The productivity of your sales staff improves.
Its it really possible to increase sales with a commission tracking program? Well the easy answer is that if they are concerned with what they are being paid, they spend more time selling. This frees you up to build your business. The time to buy tracking software is now.
4. You will see savings on administrative costs.
If you are using Microsoft Excel, and have more than a few sales agents, you are spending way too much time processing commissions. CommTrack software does the tedious tasks for you, allowing you to save significant time, which converts into money. The more sales representatives that you have, the more it makes sense.
5. A sensible way to get nightmares is process commissions in Microsoft Excel
Are you aware the running commission formulas in Microsoft Excel can create problems? If certain requirements are not addressed, bigger issues will arise in the future. Commission programs that are deigned properly will give you the confidence that the commission are calculated correctly - every time.
6. Normally, commission plans are industry specific.
Some businesses like the printing industry, will need exact costs. Retail though, needs store and product based programs. CommTrack covers the widest base, taking care of your industry needs. You can be sure it is right every time. It also lets you do a little customization to meet your specific needs.
As you can see, there are several good reasons to have a commission tracking software. There are many more reasons not listed here, but you probably already know them. You should seriously consider CommTrack if you want to make commission tracking easier. It is the most cost effective, customizable program on the market.
After so many years of being paid incorrectly, I decided it was time to create a solution. The solution (known as CommTrack) will make calculating and tracking commissions easy. No more difficult days stuck in an office, wondering if you did it right.