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AUGIE Ambassador Corner: Direct Bill Commission

 

New for 2015! AUGIE - the ACORD User Groups Information Exchange - will be featuring its Ambassadors discussing a new hot topic each month in the AUGIE Ambassador Corner. The highlighted topic for January is direct bill commission, courtesy of Debbie Miner, Technical Services Manager at Henriott Group and Chairman of the Board of NetVU.

We know you'd never let your hard-earned money slip down the drain - and you certainly wouldn't light a match to it and watch it burn - but that's exactly what you do if you're having your staff spend their valuable time manually entering direct bill commission information that download could handle for you instead.

If you were to tally it all up, you might be surprised to find out just how much time it's really taking your staff to input all those transactions into your management system. With more and more agencies opting to offer direct bill as the preferred method of payment, the time it takes to manage that process only continues to grow, so just imagine all the more productive things that your staff could be doing if they had the extra time that they would save by using download for their commissions.

Bob Slocum, CPCU - President of Slocum Agency, Inc. and a member of ACORD's Board of Directors - can speak from experience. "Every agency that pays their producers by commissions received could save hundreds of man hours per year simply by implementing direct bill commissions download. In our case, the reconciliation job went from hours to minutes immediately! It is a tremendous time-saver and of course, time is money."

Click here to read more about the details and benefits of direct bill commission, straight from your AUGIE Ambassadors.