When Rodem Corporation needed a better way to effectively manage its sales team’s deals and commissions, they turned to Red Maple for help with its customized Advanced Commissions program. Rodem is a national company that distributes and installs processing machinery for a variety of industries such as dairy, pharmaceutical, and personal care items just to name a few.
About ten years ago they were searching for a better system to track and pay sales commissions to their team. Their sales team of 40 plus people all earned commissions based on what they sell and how much they sell. The system Rodem was using was outdated and cumbersome. They wanted something they could customize for their team and do it quickly, accurately, and securely.
That’s when they reached out to our team at Red Maple, and we offered a customized commissions management solution to them with our Advanced Commission software, which is fully integrated into Microsoft Dynamics™ 365 F&O and AX2012. That is a big advantage for most companies who want to utilize this software. It allowed Rodem to assign each commissioned salesperson to the correct account, thus creating a simple and seamless process for the company.
The company saw an increase in efficiency which parlayed into an increase in productivity and then profitability.
Advanced Commissions is a software application that allows companies with a sales team to pay commission to anyone, anywhere, anytime.
For companies that have employees on staff who work in sales, being able to accurately fulfill their commissions is a very important feature for keeping a happy workforce and keeping the bottom line in check. Advanced Commissions from Red Maple is a powerful tool that provides a solution for companies that need flexible compensation and commission systems. It provides freedom of choice.
Advanced Commissions integrates with Dynamics 365 for Finance and Operations and AX2012.
There are five key features:
Commission Accruals: This allows companies to set up accruals of commission earned but not yet paid.
Commission Payments: Companies can pay employees, vendors or customers commissions. Commissions can be paid immediately, periodically (such as monthly or quarterly) or paid when payment is received. Companies can also calculate bonuses and compensation over time.
Quotas and Performance Measures: Quotas and other measures of performance can be tied to sales and budget projections which allows companies to have more accurate planning.
Adjustments and Re-calculations: This feature enables companies to make adjustments to commissions.
Territory (Geolocation) Commissions: Companies can track and calculate commissions by geolocation.
After Rodem successfully implemented the advanced commissions software program, they needed to expand their payment solutions and wanted to make sure they worked with secure credit card processors. They then added Red Maple’s Advanced Credit Card software to havesecure card processing.
This solution allows companies to handle multiple credit card transactions while also reducing the threat of fraud. Like Advanced Commissions, it also integrates with Microsoft Dynamics 365 for Finance and Operations and AX2012.
Some of the key features of Advanced Credit Cards for F&O include:
- Ready to go: Red Maple’s system works with a variety of processors.
- Make it simple: You can handle complex situation with different types of cards and different types of transactions.
- Do more with less red tape: Customers can also easily fulfill orders and invoices that have special features.
- Rapid Retail: Red Maple’s software is a true omnichannel among key platforms: card not present, e-commerce and retail.
For Rodem, implementing both Red Maple’s Advanced Commission and Advanced Credit Card for F&O provided a successful solution, resulting in more productivity and profitability. As online sales skyrocket, so does the number of businesses taking credit cards. With an overwhelming number of companies offering software solutions such as commissions and credit cards. It is important to ask the right questions when researching software solutions for your company.
- How long has your company been in business?
- What type of onboarding and ongoing support do you offer to clients?
- What functionality and features does this solution offer?
- Will this interface with my other applications?
- What are the security measures in place?
- Do you provide updates as needed?
Technology moves at the speed of light – or so it seems. It is too soon to know the projected cost of cybercrime in 2022 but all trends point to it being another record-breaking year. With ecommerce also hitting record numbers each year, cybersecurity is a growing always concern for nearly every company and organization. It is more important than ever to find safe and reliable software applications to help your company run smoothly and securely and find solutions and to protect your online business.
For 25 years, Red Maple has been providing key applications to help companies improve their internal and external operations. With hundreds of clients in the United States as well as worldwide, we work with you to find the best solutions.
In addition to Advanced Commissions and Advanced Credit Cards for F&O, Red Maple also offers a patented credit card portal called Clever Division, which allows companies to safeguard their customers’ valuable credit card information with a special, patented two-party authentication that locks part of the credit card number in a vault, in turn protecting it from hackers or cyberattacks, which is needed now more than ever.