You just received a batch of commissions and a few questions enter your mind - did I receive the amount I was expecting? How accurate are the commissions we are receiving from carriers? If we continue to receive commissions like we are today, how will our agency perform this year and next year?
With Projection Tables, you can answer these questions. Use Projection Tables to plan the commissions you expect to receive and chart the growth path of your agency. To generate the results, Projection Tables work in connection with Policy details. Check out a quick overview of Projecting Commissions:
Working with Projections
Getting Started with Projections
For a guided tour of AgencyBloc's Actual vs. Projected feature, watch this video.
Video recorded on February 17, 2022
Below is a list of articles to get you started working with Projection Tables and using your results to compare Actual vs. Expected commissions.
To get started, learn the basics of working with Projection Tables. Projection tables provide information for AgencyBloc to calculate the commissions you expect to receive. Projection tables work in combination with Policy data in your account.
Learn how to create a projection table and update your existing tables. Create Projection Tables Manually at a Policy level or a Mass level. Update the details of your tables to refine your projections over time. Get tips and examples for setting up projection tables for the following situations: Advances, Flat Commissions, and Groups with a Per Life commission.
Find details on how to associate your Projection Tables to policies in your account. Mass Associate a Projection table to Policies using policy criteria. Remove associations with projection tables in the same manner. Select a Projection table at the Policy level.
Your Projection Tables are setup and associated with policies in AgencyBloc. Learn how to use the results and get the most out of your data to streamline and grow your Agency. Use Commission Projection reports to forecast future revenue. Use the Actual vs. Expected report to find policies outside a threshold of expected commissions. Review Projected Commissions on a Policy level.