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Revenue management

Flexible rules-based solutions that efficiently manage commission and remuneration information.

Invoicing and Payments

XPLAN Client Focus contains a complete invoice and payments package that integrates with other key XPLAN modules and functions, such as Campaign Manager and Funds Under Management reporting.

Reconciliation tracking and extensive management reporting make this a scalable solution for the individual adviser, small practice and national network.

 

Remuneration

From managing commission payments and configuring remuneration models to invoicing and reporting, CommPay is a scalable solution that will grow with your business. All areas of commission management are handled effortlessly with the CommPay suite of purpose-built tools.

 

Make the system fit your business.

Configure flexible commission or fee-for-service remuneration models, based on rates, splits and pay scales. Create hierarchical account distribution structures based on dealer or broker groups, branches and advisers.

 

Process commission payments.

Pay upfront and ongoing commission, trail commission and bonuses. Process adjustments, allowances and deductions. Send electronic statements, and reconcile actual against expected amounts.  

 

Manage data electronically.

Import fund manager files in different data formats, and reconcile this information against payments received in the system.

Export payment files that are Australian banking system compliant. Schedule payment files to be automatically exported on a periodic basis.

 

Collect payments online.

Produce remittance advice, compliant GST and tax invoices, and automatic client invoices. Manage fee-for-service billing, including invoicing and client fee collection.

Secure online access means clients can access invoices and pay fees online via credit card and direct debit.

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Features

  • Supports any business structure 
  • Track all payment types
  • Automatic payment calculation
  • Supports all revenue sharing combinations
  • Configure distribution structures hierarchies
  • Import fund manager files
  • Export compliant payment files
  • Manage all aspects of billing and invoicing
  • Extensive reporting

Product: XPLAN CommPay, XPLAN Client Focus

 

"Complete remuneration for any business structure."

 


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IRESS at a glance

For more information visit our company profile.

  • Employees 650
    Global Employees
  • Offices 14
    Global Offices
  • Established 18+
    Years Experience
About IRESS

Services and support

Find out about how we support our clients and products.

IRESS Services

Contact us

Please contact us for more information about our products.

  • Phone General enquiries
    (03) 9018 5800
  • Phone Wealth support
    1300 130 069
  • Phone Financial support
    1800 681 078
Contact IRESS