SymbioSys Distribution Management Solution (DMS)

The SymbioSys Distribution Management manages Onboarding and licensing, Hierarchy management, Compensation and Performance management, Finance management across Life and Annuity, Property and Casualty, Health lines of business

• Multiple Hierarchies - Ability to define ‘n’ tiers and parallel hierarchies including partner’s internal organization structure
• Configuration - Ease of configuring new channels, partners, producers, compensation rules
• Commissions - Abiity to define daily commission payments for newly launched product and also cater for automated commission chargebacks on policy events
• Payments - Ability to make daily or periodic basis payouts into multiple bank accounts, multi-currency
• Performance - Ease of configuring various Key Performance Indicators (KPI) on diverse parameters to monitor & track the performance of the partnes , producers
• What-if Model - Simulate new incentive and/or contest models before launching them
• Discerning Analytics - Performance analytics using dashboards

C2l BIZ thru it's Sysmbiosys Distribution Management solution provides a platform for the insurers to achieve the following key benefits :

• Reduced time to market for launch of new channels or onboard new partners
• Enhanced ability to attract , motivate and retain partners and producers
• Ease of aligning sales force to company strategy
• Drive business thru reduced time to market for launch of innovative contests / Incentives
• Drive business goals thru effective performance management
• Significant reduction in Distribution Operations Cost and TCO