AUSTIN, Texas--(BUSINESS WIRE)--Iconixx, a leading global provider of cloud-based compensation management software, announced today that its client, U.S. Retirement Partners (USRP), has significantly improved its sales compensation process since installing Iconixx software. U.S. Retirement Partners is an independent national financial services firm specializing in employee benefits plans and employer-sponsored retirement plans.
On a daily basis, U.S. Retirement Partners receives information from multiple sources, comprised of Excel files, PDFs and various types of scans. Managing these disparate files to produce streamlined sales compensation data was always a time-consuming and painstaking process that involved significant manual data entry. The company’s solution was to invest in software that automated the commission management process, including data integration, calculations, analysis and reporting.
Since implementing its Iconixx software, the USRP finance team has been able to significantly improve the speed and ease of processing commissions. However, the single best feature of the software, according to users, is its superior reporting capabilities. “Data can be exported in practically any format – csv, xls, pdf or txt – with just a click of a button,” said Rose Laprus of U.S. Retirement Partners. “This has not only made paying commissions a much smoother process, but has also helped us perform more extensive financial analysis because we can extract ‘clean data’ out of the system. Overall, we have a more effective and efficient process, along with greatly enhanced reporting.”
lconixx is a total solution provider for compensation management. The lconixx product suite – lconixx Sales, lconixx Incentive and lconixx Merit – makes the company a one-stop resource for sales, bonus and salary compensation solutions. Our cost-effective, Cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. Drawing on over 15 years of experience, lconixx also partners with clients to accelerate their business growth through actionable intelligence. Whether it’s using lconixx technology or leveraging a client’s current investment, lconixx’s expertise can drive efficiencies for their compensation environment. For more information visit iconixx.com.