Quick Overview
- 1#1: CommissionTrac - Specialized platform for automating insurance commission tracking, reconciliation, splits, and reporting across agent hierarchies.
- 2#2: AgencyBloc - Insurance CRM that automates commission tracking, payment processing, and performance analytics for agencies.
- 3#3: HawkSoft - Agency management system with advanced commission calculation, tracking, forecasting, and detailed reporting features.
- 4#4: ITC CommissionTracker - Dedicated tool for insurance commission reconciliation, hierarchy management, and carrier payment tracking.
- 5#5: EZLynx - Integrated insurance management software providing commission tracking, statements, and analytics.
- 6#6: AMS360 - Comprehensive agency management solution with robust commission tracking and accounting integration.
- 7#7: Applied Epic - Enterprise insurance platform offering commission management, reporting, and workflow automation.
- 8#8: NowCerts - Cloud-based agency software with commission reporting, payment tracking, and download capabilities.
- 9#9: InsuredMine - Insurance CRM featuring commission tracking, pipeline management, and agent performance insights.
- 10#10: Commissionly - Flexible SaaS for tracking commissions, bonuses, and splits suitable for insurance sales teams.
These tools were selected based on robust features (such as automation and reconciliation), user-friendly design, reliable carrier integration, and exceptional value, ensuring they meet the demands of modern insurance teams.
Comparison Table
Explore the diverse landscape of insurance commission tracking tools with this comparison table, featuring popular options like CommissionTrac, AgencyBloc, HawkSoft, ITC CommissionTracker, EZLynx, and more. Readers will gain insights into key features, workflow efficiency, and suitability for various insurance agencies, aiding in informed tool selection.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | CommissionTrac Specialized platform for automating insurance commission tracking, reconciliation, splits, and reporting across agent hierarchies. | specialized | 9.7/10 | 9.9/10 | 9.2/10 | 9.5/10 |
| 2 | AgencyBloc Insurance CRM that automates commission tracking, payment processing, and performance analytics for agencies. | specialized | 8.7/10 | 9.2/10 | 8.1/10 | 8.3/10 |
| 3 | HawkSoft Agency management system with advanced commission calculation, tracking, forecasting, and detailed reporting features. | enterprise | 8.6/10 | 9.2/10 | 7.8/10 | 8.3/10 |
| 4 | ITC CommissionTracker Dedicated tool for insurance commission reconciliation, hierarchy management, and carrier payment tracking. | specialized | 8.4/10 | 8.7/10 | 8.0/10 | 8.1/10 |
| 5 | EZLynx Integrated insurance management software providing commission tracking, statements, and analytics. | enterprise | 8.2/10 | 8.7/10 | 7.5/10 | 7.8/10 |
| 6 | AMS360 Comprehensive agency management solution with robust commission tracking and accounting integration. | enterprise | 7.6/10 | 8.4/10 | 6.2/10 | 7.1/10 |
| 7 | Applied Epic Enterprise insurance platform offering commission management, reporting, and workflow automation. | enterprise | 8.2/10 | 9.1/10 | 6.7/10 | 7.4/10 |
| 8 | NowCerts Cloud-based agency software with commission reporting, payment tracking, and download capabilities. | enterprise | 8.4/10 | 8.7/10 | 8.9/10 | 7.9/10 |
| 9 | InsuredMine Insurance CRM featuring commission tracking, pipeline management, and agent performance insights. | specialized | 7.9/10 | 8.4/10 | 7.8/10 | 7.5/10 |
| 10 | Commissionly Flexible SaaS for tracking commissions, bonuses, and splits suitable for insurance sales teams. | specialized | 7.6/10 | 8.0/10 | 7.0/10 | 7.5/10 |
Specialized platform for automating insurance commission tracking, reconciliation, splits, and reporting across agent hierarchies.
Insurance CRM that automates commission tracking, payment processing, and performance analytics for agencies.
Agency management system with advanced commission calculation, tracking, forecasting, and detailed reporting features.
Dedicated tool for insurance commission reconciliation, hierarchy management, and carrier payment tracking.
Integrated insurance management software providing commission tracking, statements, and analytics.
Comprehensive agency management solution with robust commission tracking and accounting integration.
Enterprise insurance platform offering commission management, reporting, and workflow automation.
Cloud-based agency software with commission reporting, payment tracking, and download capabilities.
Insurance CRM featuring commission tracking, pipeline management, and agent performance insights.
Flexible SaaS for tracking commissions, bonuses, and splits suitable for insurance sales teams.
CommissionTrac
specializedSpecialized platform for automating insurance commission tracking, reconciliation, splits, and reporting across agent hierarchies.
Advanced multi-level commission splitting engine that automatically handles deferred payments, overrides, and chargebacks with pinpoint accuracy
CommissionTrac is a leading commission tracking software designed specifically for insurance agencies, automating the capture, splitting, and payment of commissions from over 200 carriers. It excels in managing complex agent hierarchies, deferred commissions, and chargebacks while providing real-time dashboards and customizable reporting. The platform integrates seamlessly with popular agency management systems like AMS360 and EZLynx, eliminating manual data entry and ensuring accuracy in commission reconciliation.
Pros
- Unmatched automation for commission posting, splitting, and payments across multi-level hierarchies
- Extensive integrations with 200+ carriers and agency management systems for seamless data flow
- Robust analytics, forecasting tools, and compliance features tailored to insurance needs
Cons
- Initial setup and hierarchy configuration can be complex for new users
- Pricing scales with agency size, potentially high for very small teams
- Mobile app functionality lags slightly behind the full desktop experience
Best For
Mid-sized to large insurance agencies with complex commission structures, multiple carriers, and a need for automated tracking and forecasting.
Pricing
Custom subscription pricing starting at around $200/month for small agencies, scaling based on agent count, premium volume, and features; enterprise plans available.
AgencyBloc
specializedInsurance CRM that automates commission tracking, payment processing, and performance analytics for agencies.
Commission Guard, which automates carrier data reconciliation and flags discrepancies for quick resolution
AgencyBloc is a specialized CRM platform tailored for insurance agencies, excelling in commission tracking by automating data imports from carriers, reconciliation, and residual management. It provides detailed dashboards for monitoring producer performance, bonuses, and discrepancies in real-time. Beyond commissions, it integrates policy administration, lead management, and HIPAA-compliant tools to streamline agency operations.
Pros
- Automated commission reconciliation with 100+ carriers reduces manual errors
- Robust reporting and analytics for residuals, bonuses, and forecasting
- Seamless integration with policy and CRM tools for holistic agency management
Cons
- Steeper learning curve for non-tech-savvy users due to comprehensive features
- Pricing can be steep for small agencies with limited users
- Customization options are somewhat limited compared to generalist CRMs
Best For
Mid-sized insurance agencies specializing in Medicare, life, and health products that need advanced commission automation alongside CRM functionality.
Pricing
Custom quotes starting at around $150/user/month for core plans, scaling to enterprise tiers with advanced features.
HawkSoft
enterpriseAgency management system with advanced commission calculation, tracking, forecasting, and detailed reporting features.
Automated direct carrier commission feeds and reconciliation for over 100 insurers, reducing manual entry errors.
HawkSoft is a comprehensive agency management system (AMS) designed for independent insurance agencies, with robust commission tracking capabilities that automate imports from over 100 carriers and handle splits, residuals, and reconciliations. It offers detailed reporting, forecasting, and integration with policy management, billing, and accounting for end-to-end visibility. This makes it a powerful tool for tracking producer and agency commissions accurately within a full-suite platform.
Pros
- Automated commission imports and reconciliation from major carriers
- Advanced reporting and commission forecasting tools
- Seamless integration with full AMS for policy and accounting data
Cons
- Steep learning curve due to feature depth
- High pricing may not suit small agencies
- Primarily desktop-focused with limited mobile optimization
Best For
Mid-sized to large independent insurance agencies needing integrated commission tracking within a complete agency management system.
Pricing
Custom quote-based pricing; typically $75-$150 per user per month for the cloud version, with volume discounts for larger agencies.
ITC CommissionTracker
specializedDedicated tool for insurance commission reconciliation, hierarchy management, and carrier payment tracking.
Advanced hierarchical commission processing with automated carrier data aggregation and real-time discrepancy resolution
ITC CommissionTracker is a specialized commission management software tailored for insurance agencies, carriers, and managing general agencies (MGAs). It automates the tracking, calculation, and reconciliation of commissions from multiple carriers, handling complex hierarchies, residuals, debits, and credits. The platform provides real-time dashboards, advanced reporting, and seamless integrations with agency management systems like Epic, TAM, and AMS360 for streamlined operations.
Pros
- Robust multi-carrier integration and automated reconciliation
- Real-time dashboards and customizable analytics for commission insights
- Supports complex hierarchies and residual tracking effectively
Cons
- Custom pricing can be steep for small agencies
- Initial setup and integration may require professional services
- Limited standalone mobile app functionality
Best For
Mid-sized to large insurance agencies, IMOs, and MGAs with complex multi-level commission structures needing enterprise-grade tracking.
Pricing
Custom enterprise pricing based on agency size, users, and integrations; quotes start around $5,000+ annually, contact vendor for details.
EZLynx
enterpriseIntegrated insurance management software providing commission tracking, statements, and analytics.
Direct automated commission posting from 700+ carriers with reconciliation tools
EZLynx is a comprehensive insurance agency management software that includes robust commission tracking features, automating the download and posting of commissions from over 700 carriers directly into the system. It provides detailed reporting, analytics, and reconciliation tools to help agencies monitor earnings, bonuses, and residuals accurately. Beyond commissions, it integrates quoting, policy management, and client CRM for a full-suite solution.
Pros
- Automated commission downloads from 700+ carriers reducing manual entry
- Advanced reporting and analytics for commission trends and forecasting
- Seamless integration with agency management tools for holistic workflow
Cons
- Steep learning curve due to extensive features
- Pricing can be high for smaller agencies focused only on commissions
- Customization requires support team assistance
Best For
Mid-sized insurance agencies needing integrated commission tracking within a full agency management platform.
Pricing
Custom quotes based on agency size and users; typically $100-$300 per user/month with implementation fees.
AMS360
enterpriseComprehensive agency management solution with robust commission tracking and accounting integration.
CarrierSync integration for automated, real-time commission posting from over 400 insurers
AMS360 by Vertafore is a comprehensive agency management system (AMS) tailored for insurance agencies, providing robust commission tracking as part of its end-to-end workflow automation. It enables automated commission calculations, producer performance tracking, detailed reporting, and payment processing integrated with policy management and billing. While not a standalone commission tool, it excels in delivering accurate, real-time commission insights within a full agency ecosystem, making it suitable for complex operations.
Pros
- Deep integration with carrier downloads for accurate commission data
- Advanced reporting and producer pay analytics
- Scalable for multi-location agencies with strong automation
Cons
- Steep learning curve and outdated interface
- High implementation and customization costs
- Limited flexibility for small agencies focused solely on commissions
Best For
Mid-to-large insurance agencies needing integrated commission tracking within a full agency management system.
Pricing
Custom quote-based pricing, typically $150-$350 per user/month plus setup fees and add-ons.
Applied Epic
enterpriseEnterprise insurance platform offering commission management, reporting, and workflow automation.
Automated carrier reconciliation engine that pulls and matches commission statements in real-time to minimize errors
Applied Epic is a robust, cloud-based insurance agency management system from Applied Systems that includes advanced commission tracking as part of its financial management module. It automates commission calculations, reconciliations, and reporting by integrating directly with carrier data feeds and accounting systems like QuickBooks. Ideal for agencies handling diverse lines of business, it provides detailed analytics and forecasting, though its full power extends beyond just commissions to policy management, billing, and client servicing.
Pros
- Seamless integration with 500+ carriers for accurate, real-time commission data import and reconciliation
- Customizable reporting and dashboards for detailed commission analytics and forecasting
- Built-in accounting tools that streamline commission posting and AR/AP management
Cons
- Steep learning curve due to its comprehensive, feature-dense interface
- High implementation costs and time, often requiring professional services
- Overkill and expensive for agencies focused solely on basic commission tracking
Best For
Mid-to-large insurance agencies with complex, multi-carrier commission structures needing an all-in-one management platform.
Pricing
Custom quote-based pricing; typically $150-$400 per user/month plus one-time setup fees of $10,000+ depending on agency size and modules.
NowCerts
enterpriseCloud-based agency software with commission reporting, payment tracking, and download capabilities.
Carrier-direct commission downloads with automated splits and real-time reconciliation
NowCerts is a cloud-based insurance agency management system with robust commission tracking capabilities, automating the calculation, posting, and reconciliation of commissions from over 200 carriers. It provides real-time dashboards, customizable reports, and commission statements to help agencies monitor earnings, splits, and payments efficiently. Beyond commissions, it supports policy management, task automation, and client portals for a streamlined workflow.
Pros
- Seamless integration with 200+ carriers for accurate commission data syncing
- Intuitive interface with mobile app for on-the-go tracking
- Customizable reports and automated statements for easy auditing
Cons
- Limited advanced analytics compared to specialized tools
- Pricing can be steep for very small agencies
- Occasional delays in carrier data imports reported by users
Best For
Mid-sized insurance agencies needing integrated commission tracking within a full agency management system.
Pricing
Starts at $65 per user/month (billed annually), with tiered plans up to enterprise custom pricing.
InsuredMine
specializedInsurance CRM featuring commission tracking, pipeline management, and agent performance insights.
Automated carrier commission posting and reconciliation engine that handles complex residuals and overrides effortlessly
InsuredMine is a comprehensive insurance agency management platform with robust commission tracking capabilities, automating the import and reconciliation of commissions from major carriers. It provides detailed reporting on residuals, bonuses, overrides, and forecasting to help agencies optimize revenue. The software integrates commission data with CRM, quoting, and policy management for a unified workflow.
Pros
- Automated commission imports from 200+ carriers with reconciliation tools
- Advanced reporting and forecasting for residuals and bonuses
- Seamless integration with agency CRM and policy management
Cons
- Higher pricing may not suit very small agencies
- Steep learning curve for advanced commission analytics
- Limited customization in commission dashboards without add-ons
Best For
Mid-sized independent insurance agencies needing integrated commission tracking alongside full agency management.
Pricing
Starts at $149/user/month for Essentials plan; Pro and Enterprise tiers at $199+ with custom quotes based on users and features.
Commissionly
specializedFlexible SaaS for tracking commissions, bonuses, and splits suitable for insurance sales teams.
Advanced hierarchical commission overrides and unlimited split levels for multi-tier insurance sales teams
Commissionly is a cloud-based platform specializing in sales commission automation and tracking, ideal for managing complex payout structures in industries like insurance. It automates calculations for splits, tiers, hierarchies, and overrides, pulling data from CRMs and accounting tools for accurate, real-time commission visibility. Users benefit from customizable dashboards, mobile access, and payment integration to streamline agent compensation.
Pros
- Flexible commission plans supporting splits, tiers, and hierarchies common in insurance
- Integrations with Salesforce, QuickBooks, and other CRMs/accounting software
- Real-time dashboards and mobile app for on-the-go tracking
Cons
- Steep learning curve for complex setups and custom rules
- Customer support can be slower during peak times
- Lacks some advanced AI-driven forecasting found in higher-ranked tools
Best For
Mid-sized insurance agencies with hierarchical agent teams needing customizable commission automation.
Pricing
Starts at $49/user/month (Essentials, billed annually), $79/user/month (Pro), with Enterprise custom pricing.
Conclusion
The 10 reviewed insurance commission tracking tools each bring distinct advantages, but CommissionTrac emerges as the clear top choice, excelling in automating complex tracking, reconciliation, and reporting across agent hierarchies. AgencyBloc and HawkSoft follow closely, with AgencyBloc impressing for its CRM integration and HawkSoft for advanced calculation and forecasting, offering strong alternatives for specific needs like agency management or detailed analytics. With these tools, teams gain powerful support to manage commissions effectively, and CommissionTrac leads the pack as the ultimate solution.
Ready to streamline your commission processes? Start with CommissionTrac to experience its specialized automation and take control of your tracking and reporting.
Tools Reviewed
All tools were independently evaluated for this comparison