SplitC automates the calculation and distribution of variable payment commissions using a centralized platform that integrates complex commission structures and real-time data analysis. This technology eliminates manual errors and reduces processing time by up to 80%, enhancing transparency and efficiency in financial operations.
Funding
Funding not disclosed
Founders
Product
Problem
Calculating and distributing variable compensation, such as commissions, can be a complex and time-consuming process, especially as companies scale. Manual calculations are prone to errors, leading to financial inaccuracies and disputes. Traditional methods often lack transparency, making it difficult for stakeholders to understand how their compensation is determined.
Solution
SplitC is a centralized platform that automates the calculation and distribution of variable payment commissions, streamlining the entire compensation process. The platform integrates complex commission structures and real-time data analysis to eliminate manual errors and reduce processing time. By centralizing partner communications and providing controlled access to calculated values, SplitC enhances transparency and fosters trust. Additionally, the platform offers optional instant payment capabilities via PIX and robust analytics and reporting features, providing a comprehensive solution for managing variable compensation.
Target Audience
SplitC is designed for financial services firms, independent insurance agents, SaaS businesses, telecom companies, and other organizations that rely on variable compensation models for their sales teams and partners.
Features
- Automates complex commission calculations, accommodating various rules and conditions
- Provides real-time visibility into calculated values for partners and internal teams
- Centralizes communication with partners, eliminating email exchanges for approvals and inquiries
- Offers optional instant payment processing via PIX
- Generates strategic reports with centralized, analytical data
- Manages document collection, including invoices and receipts
- Integrates with over 300 data sources via plug-and-play integrations
- Provides role-based permissions to control data access
- Offers customizable branding and templates
- Includes dispute management capabilities