Getting Started with Using Commission and Royalty Management

The Aptify Commission and Royalty Management application accommodates a wide variety of commission and royalty agreements through a flexible and extensible model that can be configured to suit the needs of any organization. Each organization may have the need to set up commission structures differently to meet specific business requirements. Through the flexible architecture provided by Aptify Commissions, accommodating any complex commission structure is possible.

This application allows managers to set up any number of commission plans, which can range from simple calculations to complex multi-tiered plans. Many organizations will need to set up multiple commission plans for different types of sales representatives. Any number of commission agreements can be created to establish a commission structure for a particular salesperson. Commission agreements use the base information found in a commission plan, and also allow managers to tailor commission structures to individual salespeople if necessary. The Commission Payment module handles the payment of commissions to salespeople based on the base data defined in the Commission Source service. Any number of commission sources may be set up. The Commission Payment Wizard handles the calculation of commissions for salespeople based on the source data. A full audit trail is maintained to ensure that supporting detail exists for all commission payment records. These same processes apply to organizations that generate royalty payments.

The Commission and Royalty Management application is an Aptify add-on module that requires its own license. Your user needs a license to the Commissions module in order to access Commissions-related data in Aptify. Contact your system administrator for assistance.

Some articles in this section display content specific to the Smart Client application, as not all the functionality is currently available in the Aptify Web application.

This topic contains the following sub-topics:

• Installing the Commission and Royalty Management Application
• Setting Up Commission and Royalty Management
  • Creating a Commission Sources
  • Creating a Commission Base Formula
• Managing Commissions and Royalties
  • How to Use Commission and Royalty Management
  • Creating Commission Plans
  • Creating Commission Plan Item Records
  • Creating a Rate Scales Record
  • Creating a Commission Agreement Record
  • Creating a Commission Agreement Details Record
  • Overriding Rate Scale Tiers
  • Using the Commission Payment Wizard
  • Managing Commission Payments Records
• Understanding Commission and Royalty Management
  • About the Commission and Royalty Management Services
  • About the Commission and Royalty Management Forms
  • Sample Commissions SQL Views Code