Incentive & Compensation Management
World’s Best Incentive Automation Solution built exclusively for BFSI
Reduce end-to-end payout cycle by 87%
We understand there is a dire need for financial institutions to effectively administer, calculate, analyze and report incentive compensation programs to reduce potential errors and overpayments to employees, business partners, collection agents and more.
We have observed that 90% of the times there exists an error while manually calculating compensation. So we encourage financial institutions to eliminate spreadsheets and embrace incentive automation which can successfully curb error and drastically reduce the risk associated with it.
Features of Hyperform
- Design and test policies in policy modeling platform before releasing
- Real-time computation of complex calculations across both internal and external sales network
- Multiple data source integration (CRM, billing, POS, DW, etc.) and Integration with payment platforms
- Automated invoice generation post payout approval and physically/ digitally signed invoice uploads enabled
- Payout dashboard with multiple key performance indicator metrics providing critical business insights
Benefits of Hyperform
Configurable workflows and controls to efficiently manage and monitor payouts
Easy integration with existing technology ecosystem such as core-banking & payroll systems of the company
Simple introduction and implementation of new compensation plans, with minimal lead-time to meet changing strategies
Adjustments like Payout Hold-back, Claw-back of commission from prior months, Advance Payout, Deviations, Manual Adjustments made easy