Loanworks Commissions

Loanworks Commissions

Loanworks Technologies
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About

For the past 23 years, FoxTrot has continued to provide great software to make the operations and commissions departments' lives easier. Our mission is to streamline every aspect of the commissions department: from replacing Excel with one-click statement imports, to robust daily blotters, to payroll calculations and streaming broker statements. We love small to mid-size broker-dealers because we speak your language. ​We pride ourselves on a warm partnership style. Our growth-oriented, forward-thinking software is scaled well to grow with you, without adding more employees. Working closely with our clients, we have developed a "Yes!" approach to finding solutions. The result is a robust system developed to handle virtually every possible commission scenario while supplying a solid foundation of daily functions.

About

An aggregator’s business is built on relationships. And commission payment is one of the most important interactions between you and your brokers. It needs to be a smooth, efficient, error-free process. But it can be difficult to keep track of multiple brokers and lenders on different commission structures. Manipulating and validating data from various lender files, processing and distributing commission payments to various recipients – all of this is time-consuming, expensive and open to error. You need a solution that handles it all automatically, keeps up with the changing needs of your business and doesn’t involve massive investment in labor. But it has to be built on an intimate knowledge of the aggregator business model – not only the mechanics of payment but also detailed, up-to-date knowledge of the ever-changing compliance environment.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Operations and commissions departments

Audience

Anyone searching for a commissions processing system

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$7500 one-time payment
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

FoxTrot Software
Founded: 1987
United States
www.foxtrotsw.com

Company Information

Loanworks Technologies
Founded: 1998
Australia
www.loanworks.com.au

Alternatives

Alternatives

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CommissionCalc

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KoreInside

Kore Inc

Categories

Categories

Investment Management Features

Accounting Management
Benchmarking
Bonds / Stocks
Client Management
Commodities
Compliance Reporting
Data Import / Export
For Investment Advisors
For Investors & Traders
Fund Management
Modeling & Simulation
Payroll & Commissions
Performance Metrics
Portfolio Management
Risk Management

Commission Features

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Integrations

No info available.

Integrations

No info available.
Claim FoxTrot Software and update features and information
Claim FoxTrot Software and update features and information
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Claim Loanworks Commissions and update features and information