Connect your Brokers and Back-Office Teams Through Deal Manager and Commissions Integration
Timea Iancu | Feb 10, 2025
Managing commissions is one of the biggest challenges for CRE brokerages, especially when data is scattered across disparate systems or error-prone spreadsheets. Back-office teams often depend on manual updates from agents and brokers, while brokers have limited visibility into the commission payment process.
Integrating deal management platforms with commission automation software is an essential step toward ensuring seamless, transparent and accurate commission distribution across your brokerage. Such an integration reduces manual data entry, guarantees timely and accurate payments and gives brokers complete visibility into commission payouts.
Simplified Commission Workflows with Real-Time Data Sync
Part of the CommercialEdge Revenue Suite, Deal Manager is a CRE deal-making platform built to accelerate and simplify the entire deal process with tailored automation and advanced deal metrics. The suite also includes CommercialEdge Commissions, a back-office solution that automates commission processes for brokerages and brokerage divisions of full-service companies.
The two solutions integrate seamlessly, synchronizing deal and commission data across platforms to simplify the financial processes of a brokerage. Through this bi-directional integration, closed deals’ data syncs to Commissions, while invoicing and commission information flows back to Deal Manager, eliminating manual efforts and the hassle of switching between systems.
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The goal of this integration is to make Deal Manager a one-stop shop for brokers for entering deals and tracking commissions, while providing back-office teams instant access to deal data within Commissions.
The workflow begins when a deal is executed in Deal Manager, generating a voucher in Commissions with all the necessary deal information for brokers’ payouts, including billing and agent details. Once approved in Commissions, the voucher syncs back to Deal Manager in real time, giving brokers complete visibility into their commissions and real-time payment updates.
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The Benefits of Connecting Your Deal and Commission Systems
Integrating Deal Manager with Commissions reduces duplicate data entry and strengthens collaboration between brokers and back-office teams, offering several key benefits:
- Faster Commission Processing: Real-time syncing of deal data to back-office systems cuts payment delays caused by late, inaccurate or incomplete information.
- Real-Time Transparency for Brokers: Brokers can enter, track and review their earnings directly in Deal Manager, with instant payment updates, reducing the need for back-and-forth communication with back-office teams.
- Reduced Errors: Back-office teams no longer need to manually transfer deal data between systems, minimizing the risk of errors.
- Centralized Operations: Connecting these systems creates a single source of truth for leasing and back-office teams, enhancing payout workflows and team collaboration.
- Streamlined Workflows: This integration automates tedious, time-consuming tasks, allowing teams to focus their resources on higher-value, strategic initiatives.
Conclusion
Integrating the two CommercialEdge solutions, Commissions and Deal Manager, helps your brokerage reduce errors, save time and improve collaboration between leasing and back-office teams. By simplifying commission workflows and ensuring accurate data syncing and full transparency, this integration allows back-office teams to shift their focus from manual tasks to higher-value activities while also boosting broker satisfaction and trust.
Posted in: Commissions , Deal Manager