Payroll
Draw Calculations: If your company pays a recoverable draw to Loan Officers, enable this option. We support hourly and fixed/flat amount draws.
Commission & Payroll Schedule: We provide two schedules in the event your commission schedule is different from your payroll schedule (Example: you are on a semi-monthly payroll schedule but pay commissions once per month).
We currently support the following pay schedules for both Payroll and Commission:
Weekly
Bi-weekly
Semi-monthly
Monthly
Example: A company that pays an hourly recoverable draw, has a monthly commission schedule with semi-monthly payroll
Commission Plans
This tab is optional. By default, we have all commission plan filters enabled. If you want to remove the ability to create plans on certain filters, disable them here.
State Licenses
Add all states your brokerage is currently licensed. This tab is required if you're using the People directory for your Loan Officers as only states your company is licensed will be available to choose when completing their profiles.
System
If you'd like to disable any of the system's features, you can do this here.
Lead Sources
Add your company's lead sources, if desired. This is important if you have commission plans based on lead source, or if you'd like to track your lead sources within our data analytics feature.