The Complete Financial Accounting Experience for Agents
btcore utilizes Accounting Seed as the foundation to all the financial accounting capabilities. Much like btcore, Accounting Seed harnesses the power of the Salesforce platform and btcore has built out the functionality to support direct bill commissions, agency bill tracking, and invoicing. The solution comes with a default general ledger for agents, along with the dashboards and reports for real-time access to your profit & loss and balance sheet reports.
Commission Processing - Direct & Agency Bill Revenue
btcore has integrated the traditional industry AL3 & XML download standards into Salesforce Financial Services Cloud. After binding a policy, the incoming commission download from the carriers matches up with the policy and producer record for fast commission payments to your sales leaders.
All independent agents and brokers must be able to track revenue, invoice agency bill customers, support premium finance arrangements, pay producer commissions, record customer premium payments, generate detailed and summary financial statements and process commissions from carriers.
These are core capabilities required by all agencies and brokers and provided as part of btcore.