Utah-based Sentinel Security Life Insurance has selected Callidus Software' ActekSoft solution, to manage its ACom3 Commission and Incentive Compensation system.
According to the Callidus, the ActekSoft’s ACom3 suite is an incentive compensation automation solution built to deliver automation in integration, plan configuration, producer management, payout calculation, and communications.
The solution is specifically tailored for business users, with focus on simplifying the complexity of managing dynamic incentive programs to drive the performance of sales executives and the sales force across multiple channels and regions.
Sentinel Security Life will use the ACom3 solution to manage its external sales channels and improve service levels to the broker community. It will use the ACom3 Commission and Incentive Compensation System to support incentive payments to both the life and medicare supplement lines of business.
Sentinel Security Life CFO Dan Acker said the ACom3 solution will enable Sentinel to design and communicate effective, performance-based incentive and bonus programs to drive better alignment with business objectives and build trust by delivering accurate, on-time payments to the agents and partners.