Compensation & Future Sales
Predictive modeling to forecast how changes in producer compensation may impact future sales of groups of insurance policies based on producer’s past sales performance
Carriers have incredible amounts of information on producer’s compensation from their sales transactions that produce terabytes of data annually. However, most companies are unable to do much with that big sales data – although it can be the key to recognizing and responding to emerging developments in compensation structure and sales cycle, they have no way of analyzing it quickly and efficiently. xtLytics newest solution combines big data technology with innovative analytics and visualizations to enable real--time exploration of granular sales data to find how changes in producer’s compensation may impact future sales. Access to big sales data, and the ability to analyze it will revolutionize sales and channel decision-- making.
Sample screen captures from our software.