₹45,00,000.That’s what the average client finds in year one.
Missing commissions hide in statement mismatches, unapplied rate changes and silent clawbacks. The reconciliation engine finds them: automatically, monthly, forever.
In short: insurance commission management software calculates, tracks and reconciles commissions from insurers and payouts to sub-channels. DeployIT automates both across 35+ insurers and every hierarchy level.
Exhibit A: one real reconciliation
The insurer’s statement, matched line by line against what DeployIT expected at issuance.
| Policy no. | Expected | Received | Delta | Flag |
|---|---|---|---|---|
| HLT-2204-88112 | ₹4,200 | ₹4,200 | 0 | matched |
| HLT-2204-88113 | ₹6,750 | ₹5,400 | -₹1,350 | old rate applied |
| LIF-2204-90021 | ₹12,000 | 0 | -₹12,000 | missing from statement |
| MTR-2204-87455 | ₹1,850 | ₹1,850 | 0 | clawback verified |
| Month delta | -₹2,84,310 | across 1,142 policies | ||
2 mismatches caught, ₹13,350 flagged for recovery from this excerpt alone.
Every mismatch gets a reason code and a dispute trail. You stop writing off; you start recovering.
The four books we keep
The rate book
Product by insurer by channel by slab structures, effective-dated and versioned, with IRDAI caps validated on entry. No more wondering which Excel is current.
The receivables book
Expected commission accrues per policy at issuance; statements are ingested and matched automatically, whatever format the insurer sends.
The payables book
POSP, SP, branch and partner payouts computed on tiered rules, TDS handled, bank files exported. 15 days faster than manual cycles.
The clawback book
Lapse, free-look and cancellation events reverse linked payouts automatically, with the audit trail attached.
Month-end, before and after
80% less reconciliation effort, measured across deployments.
Reconcile every rupee, across every channel
Statements arrive from 35+ insurers in their own formats. DeployIT matches each line back to what accrued at issuance, then computes payouts down every sub-channel and hierarchy level, so the books close clean.
Payouts across sub-channels
POSP, SP, branch and partner payouts computed in one run, each on its own tiered rules, with TDS handled and bank files exported.
Multi-level hierarchy and slabs
Rates resolve by product, insurer, channel and slab, effective-dated and versioned, with IRDAI caps validated on entry and at payout.
Statement-level reconciliation
Each insurer statement is matched line by line against expected commission, with every mismatch carrying a reason code and a dispute trail.
Automated, audit-ready ledgers
Receivables, payables and clawbacks stay reconciled monthly, so registers and auditor requests export in minutes instead of a scramble.
Frequently asked questions
Does it enforce IRDAI commission caps?
Yes. Rates validate against configured regulatory limits at entry and at payout.
Any statement format?
Standard formats are pre-mapped; new templates are added during onboarding.
Can it run standalone?
Yes. Import policies sourced elsewhere and reconcile on top.
How are POSP payouts taxed?
TDS is computed in payout runs, with registers and bank-file exports.
Run last quarter's statements through us. Find your number.
Bring real statements to the demo; the reconciliation runs live.