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Online system simplifies referral payments

3 minute read
The Adviser

Staff Reporter

Brokersource has launched a new online management system that aims to help brokers streamline the way they pay their referral partners.

The company’s managing director Tony Imbruglia said the recently launched system not only helps brokers take care of their various commission receipts and payments, but it also provides a broker referral partners with the ability to track a certain loan’s progress.

“Referrers can also track leads sent and download their commission RCTIs,” Mr Imbruglia said.

“BrokerSource is not a replacement for your aggregator’s software. It compliments it by tracking every stage of a lead and product sale. It monitors upfront commissions, trail start dates and allows the broker to easily split these commissions accordingly.”

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