Configure-Price-Quote (CPQ) solutions allow sales reps to focus on closing the deal, and this report helps decision makers ask the right questions and get the right answers when considering CPQ software.
Manage the entire producer lifecycle by using an end-to-end solution that not only gives you full visibility but also provides unlimited reporting, so you can make the right distribution planning decisions.
With the CallidusCloud Insurance solution, you gain:
A repository for all producer-related information, giving you clarity into reporting and compliance tracking
Full visibility into your entire book of business to manage date-effective relationships
The ability to easily communicate with agents by using email or letters
The ability to make mass changes smoothly in the event of a merger and acquisition
The capability to rank and group your producers according to your criteria
Incent Your Producers with Accuracy and Transparency
Design, roll out, and manage compensation plans for an unlimited number of payees, multiple lines of business, and numerous products for both your captive and independent agents.
The CallidusCloud Insurance solution can handle the most complex hierarchical relationships. Deliver accurate payouts even as you give your producers a self-service portal to raise disputes and increase their visibility into all compensation matters. You can:
Perform splits and credit an unlimited number of payees for a sale through roll-up, roll-down, roll-over, and so forth
Manage tiered bonuses, SPIFs, draw-downs, accelerators, multidimensional rates, and so on
Do retroactive processing to manage evolving hierarchies and organizational changes
Model and forecast compensation plans to understand their economic impact
Encourage positive selling behaviors through gamification, contests, and badges
The CallidusCloud Insurance solution gives you full compliance at both the state and federal levels, so you can focus on your core business and not worry about the ever-changing regulatory environment.
Get audit logs for every screen showing you who made what changes and when. The solution offers:
Monitoring of license, appointment, and education/certification records with expiration dates
Background checks, credit checks, and vetting of previous employment history
The ability to trace a payout to its original sale for complete auditability
An integrated tool set to support compliance tracking and payment edits
Standard integrated compliance rules in addition to user-defined compliance rules
Enable your producers with the mobile advantage, improving productivity and convenience. Give them increased access, greater visibility, and an ability to learn on the go. Producers can take training or continuing education outside of a classroom by using the offline functionality.
With the CallidusCloud Insurance solution, you can:
Onboard and appoint producers by using a mobile device
Use a producer portal to raise disputes, look up compensation statements and performance metrics
Coach producers anytime, anywhere on your iPad — even during a ride-along
The CallidusCloud Insurance solution is available as both an on-premise and a SaaS solution.
In the SaaS model, you can opt for a private cloud, which is almost like an on-premise deployment but you get to enjoy increased control over upgrades and release cycles without any of the associated costly overhead. In the private cloud model, you get:
Dedicated regions for production, testing, training, and modeling
The ability to have exclusive instances with no application sharing
Complete control over your data, personally identifiable information, compliance data, and so forth
Alternatively, you could choose the managed enterprise option. With this model, you can:
Run CallidusCloud solutions in your data center
Enjoy shared responsibilities for data management and data integration
Let CallidusCloud take care of provisioning, installation, maintenance, and upgrades of the application(s)
Keep Your Data Private, Secure, and Compliant in the Cloud
You have your own business to worry about. Since the cloud is our business, CallidusCloud protects your data with more security measures than you could ever adopt.
At CallidusCloud, we ensure compliance with all data privacy and data security regulations, hire third parties to test our systems in real time, undergo regular security audits, and support levels of access controls and data handling procedures that maintain data integrity and prevent misuse. Some of the world’s largest insurers entrust CallidusCloud with their data. We process data only in accordance with a customer’s lawful instructions. CallidusCloud solutions have built-in security at every layer:
Data centers are physically protected from unauthorized access, damage, and interference
Database security protects heterogeneous data within the cloud
Applications are secured at the function, transaction, field, and data level
Middleware provides single sign-on and identity federation
Network and communication security controls ensure complete confidentiality, integrity, and nonrepudiation of data