Compensation
Commissions & payouts
Nothing sours a broker relationship faster than a disputed commission, and nearly every dispute starts in a spreadsheet. Verna records each commission against its deal, splits it explicitly between broker and agent, and settles it in staged payouts with the running balance tracked throughout. The numbers stop being negotiable.
Pay brokers and agents accurately, every time
Commission records
Each commission ties a deal, agent, and agreement to a rate and total amount. Milestone triggers let commissions accrue when a specific payment milestone is reached.
Broker & agent splits
Every commission carries an explicit agent share and broker share. Co-brokering and referral distributions are transparent and calculated the same way on every deal.
Commission types
Handle standard commissions, campaign bonuses, tiered structures, and overrides. Classify each record so reporting reflects exactly how the earning was generated.
Staged payouts
Settle a commission in one payment or several. Verna tracks the running balance and blocks any payout that would exceed the total commission owed.
Payment records
Record each payout by bank transfer, cheque, or cash with a reference number and bank details. Keep a clean, auditable history of who was paid and when.
Accrual & payout status
Follow every commission through accrual (pending, accrued, reversed) and payout (not due, due, processing, paid, on hold, cancelled) with approval sign-off before release.
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