Outline of how Pipe fits into your organisations commissions process. Pipe eliminates the manual processing around lender / provider commissions statements. Our clients have saved anywhere between days to weeks, depending on the size of their adviser / broker networks.
We cater to financial dealer groups and mortgage aggregators.
Current process, the licensee receives the raw statement from lenders / providers, which is then manually processed by the commissions team
Pipe works with the licensee. Load all the raw lender / Provider commission statements into Pipe, or have Pipe receive them directly.Pipe will clean, normalise and consolidate all the statements into a singular format that the Licensee’s commission team can load directly into their commissions distribution software, ie LoanKit
Licencees currently spend days to weeks manually processing commission statements, before they can actually process the actual distributions
Pipe super changes and automates all the heavy lifting. This means that your commissions team can go directly to the commission’s distribution stage, completely eliminating the manual process. This also means human errors that originated from the manual element is also mitigated completely.