PeliKalc™ Broker Commission Calculation & Reporting System
PeliKalc™ provides food manufacturers the tools needed to easily calculate and report accurate payments to their brokers. Detailed commission statements provide each broker the line item detail necessary to confirm the accuracy of their payments, including invoice detail, allowable deductions, credit memos and marketing payments.
PeliKalc™ was written by Greg Helland, a food company COO, that also owns/operates a software company. He originally wrote this system to solve the age old problem of accurately calculating and reporting broker commissions.
Advantages of PeliKalc™ incudes:
- $$ Savings from processing detailed deductions such as:
- Off invoice
- Cash payment deductions
- Marketing programs including deductions for coupons, etc.
- No Reentry of Data: Uses existing data from your accounting system
- Commission Savings: Average hard dollar savings of 5% on commissions due to accuracy of detailed tracking
- Clerical Time Savings: Reduction in clerical time calculating and producing broker statements
- Eliminates a myriad of spreadsheets that are maintained to calculate brokerage
- Eliminates errors due to re-entry of or lack of visibility to data
- Accuracy of Broker Payments increased
- Gives higher visibility to this important expense category
- Provides the financial tools needed to efficiently manage the broker network
- Maintains all business rules and exceptions for each customer, item, broker and buying group
- Maintains relationships between customers, brokers and master brokers
- Handles exceptions to standard broker commissions
- Flexibility: Processes broker commissions based upon invoice date or date paid
- Handles broker commissions for re-distributer networks such as DOT
- Audit reports for review before producing broker statements
- Broker statements by broker
- Broker statements by groups
- PDF’s that can be attached to Accounts Payable entries for backup
- Customer, broker and master broker relationship reports
Set up an online demo today for yourself or one of your team to see how PeliKalc™ can benefit your company. Click Here to contact us.