Doing commissions the old fashioned way?
Managing Suppliers' #2 cost should be easy.
CRAFT is a secure, cloud-based platform that provides accurate compensation management, detailed analytics, real-time reporting and ultimately, helps your organisation grow your top and bottom line.
With CRAFT you can...
SAVE MONEY + ENERGIsE YOUR CHANNEL
- Business Configured, No more IT programmer time, or BA Excel wizardry
- Flexible Compensation Models Designed for Energy Channel Products and Services
- Insights at Your Fingertips
- Finance and Audit Approved
- It’s your Data, Access Anytime
- 100% Cloud-based, Secure and Scalable
- Cost-Effective Software-as-a-Service
Retail Energy’s only comprehensive commissions engine
- Up-Front or On-flow
- Agents and Sub-agents
- Milestone payments
- Discounts, Retainage
- Manage commission impacts immediately
- Early Termination Fees
- Usage variance vs. forecast
- Understand true-up liability per partner, per deal, per meter
- Enforce clawback policy
- Internal or Direct Sales commissions
- IR35 Independent Contractor Commissions
- Indirect broker channel commissions
- Digital channel commissions
Craft’s API allows for seamless integration with the following:
- Integrate with Branded Self-service Website
- Integrate with CIS+Billing
- Integrate with EDI
Craft’s Commission Engine offers flexibility to match your business’s needs for both Direct and Indirect sales commissions.
- Calculation of Payment
- Up Fronts (by month, % of deal, Amount)
- Caps, Discounts
- On Sign, Switch, etc.
- Set month of contract, midpoint
- Balance Payments
- Every “N” months
- % of deal, usage
- Discounts, Retainage
- Multi-layered payments, overrides
Finally, Channel Commissions are Solved.
Stop apologising for your commissions and start driving business. For nearly two decades, Enerex has been finding the mistakes with supplier commission statements for brokers, recovering 10s of millions of pounds in erroneous commission payments. CRAFT now gives Energy Suppliers an edge for motivating their Channel Partners with timely, accurate commission statements – in addition to integration with Contracting, EDI and CIS back-office tools.
Why a Cloud-based Platform?
- Multiple parties and systems creating and delivering data (Suppliers, Distribution Network Operators, EDI and Billing Providers, Brokers, Customers)
- Generating billions of transactions across parties and systems
- Current “Ecosystem” disjointed, inefficient and error prone
- Enerex recognises the opportunity to introduce the next evolution of technology
- Flexible, scalable and built with users in mind
- Minimise data entry
- Eliminate Spreadsheets
- Automate commission Batch generation
- Seamlessly push AP batches
- Easily deal with adds/drops
Better solution for your brokers
- Communicate through “best in the industry” remittance format
- Partners clearly understand where they are in a given contract or customer relationship
- Deputise brokers as collections agents
- Minimise reconciliation burden on channel
Accurately manage #2 cost
- Actively manage up-front exposure
- Enforce claw-backs on channel when relationship can bear
- Understand how effective plan designs are in achieving desired outcomes
- Innovate by introducing new plans
- Tighter commission statement generation – improve broker confidence
Quit doing it the old-fashioned way!
CRAFT makes managing your #2 cost easy!
In 7 easy and guided steps, imagine where your business could be in 90 days.
We accomplish this through:
- A Dedicated Customer Success Team
- Easy onboarding and data migration processes
- Online knowledge base access for videos, tutorials, and how to’s
- Submit enhancement & request tickets online
Energise Your Channel Commissions with CRAFT Today
With tools to make every part of your sales and back office process more efficient, and a support team to help you, getting started with Enerex has never been easier.