PerformancePlus: Incentive Compensation Management
Get a true enterprise incentive management system.
PerformancePlus® manages broker arrangements, agent sales channels and hierarchy complexities, as well as the full range of product offerings. It gives insurers the ability to accurately and efficiently calculate commissions, offer easy adjustment processing and provide full audit trails documenting all transactions.
Putting the power in the hands of end users is critical, and PerformancePlus is an easy-to-use, rules-based incentive compensation management software that functions as a single source repository of information, managed through a single touch point. This capability ensures the reliability of the data, which facilitates fact-based decision making through reporting and predictive modeling.
PerformancePlus provides superior broker services from Web access and accurate statements to flexible payout options and online support.
PerformancePlus works with any policy administration system, extending the life of your legacy systems and maximizing your potential. It blends the latest in technology with flexible software design, so your business requirements drive the technical configurations — not the other way around.
With PerformancePlus, efficiency and reliability show up on your bottom line.
Design New and Innovative Compensation Plans
PerformancePlus streamlines internal processes and lowers costs by giving control to the people who know the business best — the end users. It gives them the tools to define and create traditional compensation plans and dynamic incentive plans.
Support Multiple Distribution Channels
PerformancePlus supports traditional and emerging distribution channels, such as career agents, PPGAs, broker/dealers, direct sales and bank channels.
Maintain Channel and Producer Data
An intuitive, browser-based interface streamlines use and enhances productivity, providing fast access to critical channel and producer information.
Calculate and Administer Compensation
PerformancePlus provides high-volume processing support for the calculation and payment of compensation. User-defined payment rules offer tremendous flexibility to vary disbursement frequencies by producer, product, compensation type and other options.
Analyze Performance and Profitability by Plan, Channel and Producer
PerformancePlus facilitates fact-based decision making through flexible reporting and modeling. It gives organizations the ability to develop true “what if" scenarios through the development of virtual hierarchies.
Gain Insight with Business Analytics
CSC's policy administration systems include Business Analytics, our best-in-class business intelligence and reporting software with interactive dashboards. Business Analytics helps you unlock complex data from multiple systems and use it to predict changes, track key metrics, and make better-informed decisions.
Flexible Technology Framework
PerformancePlus is designed to efficiently process blocks of insurance policies that range from small to very large, using either a mainframe processor or a mid-tier server. Concurrent processing provides the ability to process millions of commission transactions offline, allowing for massive volumes of throughput.
CSC: Insurance Industry Experience That Counts
CSC's PerformancePlus isn't a generic compensation solution. It's a fully functioning incentive compensation management software system designed for the insurance industry, with everything you need to deliver world-class service to your producers and up-to-the-minute information for plan, channel and producer management.