Revenue and Brokerage Management - Overview and Navigation

Revenue and Brokerage Management - Overview and Navigation

CommPay

CommPay is a system that processes revenues received, and is managed by Wealth Axis team. It enables you to view, report on, analyse, and download revenue received by your Practice. You also have the ability to map (or link) revenue data (referred to as "policies" in CommPay) to your XPLAN clients for disclosure on their FDSs.

Further information on CommPay here

 

Invoicing your Client 

You are able to raise and merge invoices for clients for payment for the services that you’ve provided (or will be providing) to them, and then record the subsequent payment of those invoices.

Further information on Invoicing your Client here

 

Revenue Reporting

XPLAN CommPay enables you to view, report on and download revenue received (at XPLAN > Administration Functions > CommPay). You also have the ability to map revenue data to your XPLAN clients and analyse your revenues.

Further information on Revenue Reporting here

 

Business Dashboard Report

The Business Dashboard Report gives you the ability to extract client information from your XPLAN database for reporting and analysis. Targeted client information can be reported on by selecting the required Worksheet(s):

  • Client Snapshot: A segmented report of your Practice’s clients that enables you to analyse FOFA, funds under management (FUM) and revenues information at Adviser and Client level.

  • Referrer Snapshot: Allows you to report on and analyse the clients referred to yourPractice from various referral sources, and enables you to measure the value of each referrer to your business.

Further information on Business Dashboard Report here

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