Manufacturers' Representatives and Manufacturer's
Sales and Commission Tracking
MREPS for manufacturers' representative firms provides the essential business functions for tracking rep agencies' financial data. Unlike other sales operations, a rep agency is a unique business model with the sales agency representing multiple manufacturers. MRSware was designed and developed specifically for this business model.
MRSware's MREPS Sales and Commission Tracking is designed to provide sales management and sales reps access to orders, sales, and commission data whenever it is needed, not just when the month end financials close. With anytime access, management and and reps have more knowledge with which to make the best sales decisions.
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Data Entry The time required to enter sales and commission information on a monthly basis varies depending on the number of lines represented, the type and number of products sold, and the number of invoices generated during the month. The time can range from a few hours a day by one person to a full time job for one or more persons. From manual entry to importing from spreadsheets to auto-import, MRSware provides easy entry options for capturing multi-line sales and commissions. The method you choose to enter orders, invoices with or without line item details, or commissions affects your data entry costs. |
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Commission Reconciliation
The Payment Entry screens allow the rep agency to reconcile the commission statements received from their manufacturers, against the invoices in the system. Partial payments and adjustments are factored in to the system. Sales splits are also factored in and are reflected in the commission payments to the sales reps.
The Payment Entry screens allow the rep agency to reconcile the commission statements received from their manufacturers, against the invoices in the system. Partial payments and adjustments are factored in to the system. Sales splits are also factored in and are reflected in the commission payments to the sales reps.
- Management and sales reps are provided details of commission payments (permissions apply to view data)
- Management tracks sales force cost structures and payouts
- Sales reps track payments received for invoiced sales
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Reporting and Analytics
MRSware offers standard reports as well as advanced analytics with easy to use tools. With Data Analysis you can sort and filter your information in order to track, measure and analyze your data the way it makes most sense to you. Review sales and commission data by rep, territory, geography, product, month, year and more. Isolate the sales, customers, and products you are interested in for precision reporting, tracking and forecasting. |
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For more information on how MRSWARE can address your sales, commission, and reporting issues, contact us at
sales@MRSWARE.com or 866-795-8386 x1
sales@MRSWARE.com or 866-795-8386 x1
