Statement / Commission File Import &
Reconciliation
Import and reconcile supplier/provider and bank
statements; automates matching.
Imports commission / brokerage / insurer files;
auto-matching to invoices; supports clawbacks & negative values.
Remuneration / Rule Engine / Commission Splits
Flexible rule definitions, splits, complex
remuneration models; supports allowances, deductions, adviser pay runs.
Flexible allocation of payments to invoices;
manual or automated invoicing; tracks revenue by period.
Invoicing & Payment Collection
Invoicing and payment processing; direct debit and
outsourcing options available.
Generates invoices, assigns payments, tracks
outstanding invoices; includes automatic payment collection via direct debit and built-in debtor
management.
Accounting / Ledger Integration
Integrates with selected accounting or financial
systems within specific ecosystems.
Direct integration with Xero & MYOB Business
for seamless financial sync.
Clawbacks / Credit Notes / Negative Adjustments
Generally supported but may require manual
handling or add-ons.
Explicitly supports clawbacks, negative values,
credit notes, and refunds.
Debtor / Collections / Outstanding Management
Tracks reconciliations and collections through
built-in or external modules.
Debtor reminders, outstanding balance tracking,
and allocation controls built into the core platform.
Reporting / Dashboards / Analytics
Provides adviser, licensee, and AFSL-level
reporting; focuses on compliance and revenue tracking.
Reports on billed vs received revenue, adviser
productivity, outstanding debtors; delivers entity-wide transparency.
Service / Outsourcing Option
Some platforms offer outsourcing or managed
revenue services for reconciliations and processing.
In-house control with automation — no outsourcing
dependency, while maintaining efficiency and accuracy.
Modularity & Flexibility
Modular architecture with flexible integrations;
often tied to specific ecosystems.
Configurable setup with direct accounting
integrations; highly flexible in invoice and payment allocation.
Scalability / Target Client Base
Designed for small to large AFSL firms and advice
networks.
Tailored for small to medium AFSL firms; trusted
by firms migrating from legacy systems.
User Experience / Learning Curve
May require familiarity with complex ecosystems or
outsourced workflows.
Intuitive, modern interface combining client and
revenue data in one easy-to-use system.
Risk Mitigation / Business Continuity
Backed by large vendors or outsourcing providers.
Independent, agile solution with proven
reliability — backed by client case studies like WealthMed.
Time / Efficiency Gains
Reduces manual spreadsheets; outsourcing saves
internal effort.
Client feedback shows significant time savings,
faster reporting, and fewer spreadsheets.
Cost / Value Trade-off
Pricing varies by licensing, scale, and
outsourcing requirements.
Competitive subscription pricing; built-in
integrations and automation deliver more value for cost.
Differentiator / Unique Strength
Strong ecosystem alignment or outsourced service
options.
Unique advantages: seamless Xero/MYOB integration,
built-in clawback handling, unified client + revenue data, and proven migration success from
legacy systems.
