Benefit WhizBenefit Whiz
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Stop trusting commission statements blindly.

Benefit Whiz helps insurance brokers upload carrier statements, catch missing or inaccurate payments, track expected vs. actual revenue, and take the guesswork out of internal payouts.

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Reconcile Carrier Statements

MATCHING COMPLETE
Uploaded Statements
Carrier Data
Blue Cross
Medical • Dental
$3,100.00
Guardian
Life • Disability
$1,840.00
UnitedHealthcare
Medical
$2,450.00
Identified Policies
Internal Records
Globex
POL-44376
$1,840.00
Initech
POL-88210
$3,100.00
Umbrella Co.
POL-11907
$2,450.00
Missing / Unpaid ItemsAuto-detected variances
1 item flagged for review
50+
Carrier formats supported
< 5 min
Average reconciliation time
98%
Commission match accuracy
$0 fluff
No CRM. No bloat.

The Problem

Commission reconciliation is broken for most brokerages.

Every month, your team downloads carrier statements in different formats, manually checks payments, and hopes nothing slipped through. It's tedious, error-prone, and leaves real money on the table.

Carrier statements are messy

Every carrier has a different format, column layout, and naming convention. Normalizing them manually wastes hours every month.

Missing commissions go unnoticed

Without systematic reconciliation, policies that stop paying quietly disappear. By the time you catch it, months have passed.

Teams rely on spreadsheets

Copy-paste, VLOOKUPs, and manual review are still the norm. It's fragile, slow, and hard to scale as your book grows.

Internal splits are easy to get wrong

Once commission is received, figuring out who gets what across producers, account managers, and internal teams can lead to confusion, frustration, and payout mistakes.

Forecasting is guesswork

You know what got paid, but not always what should have been paid. That makes it hard to project recurring revenue with confidence.

Commission data is scattered

AMS, CRM, and accounting systems each hold part of the picture, but none truly own commission. Time is spent piecing data together instead of keeping the full process in check

How It Works

A simple workflow built for how brokers actually work.

Upload. Normalize. Reconcile. Done. Benefit Whiz handles the heavy lifting so your team can focus on clients, not spreadsheets.

STEP 01

Upload Carrier Statements

Import commission statements from any carrier in CSV, Excel, or PDF format. Benefit Whiz normalizes the data automatically.

STEP 02

Normalize Data

Carrier-specific columns, policy numbers, and payment codes are mapped to a consistent schema. No manual cleanup required.

STEP 03

Reconcile Transactions

Match incoming payments against expected commission schedules. Surface any gaps, mismatches, or late payments instantly.

STEP 04

Detect Missing or Inaccurate Payments

Automated flags highlight policies that haven't paid, amounts that don't match, or carriers that are consistently off.

STEP 05

Prepare Internal Payouts

Once commission is validated, calculate what is owed internally across producers, account managers, and shared business.

STEP 06

Monitor Revenue Trends

Track commission schedules over time, identify variances, and build a reliable view of your brokerage's recurring revenue.

Why It Matters

Protect revenue. Save time. Operate with confidence.

Catch missed commissions

Recover revenue that was slipping through the cracks undetected every month.

Save hours of monthly review

What used to take days of manual work now runs in minutes with automated reconciliation.

Gain revenue visibility

Build a reliable, real-time view of recurring commissions across your entire book of business.

Spot trends and variances

Identify profitability signals, carrier payment patterns, and growth trends across clients.

Product

Purpose-built for commission workflows.

Not a CRM. Not an AMS. Just a focused, powerful tool to import, reconcile, track, and distribute commission with far less manual work.

Smart Imports

Core

Upload statements from any carrier. Drag-and-drop CSV, Excel, and PDF support with automatic column detection.

Reconciliation Engine

Core

Auto-Match finds the best possible match between expected and actual commission. Review side-by-side results and cut down the manual work required to validate payments.

Transaction Explorer

Core

A faster way to find the transaction you need. Drill into commission data by client, policy, carrier, statement, coverage, or active status to quickly find the line item you need.

Payout Control

Core

Set payout logic across your book for splits, flat amounts, and more. As commission changes, keep schedules aligned without the risk of underpaying or overpaying.

Who It's For

Built for teams that take commission accuracy seriously.

Benefit Whiz is designed for the people who handle commission statements and resolve discrepancies across carriers, agencies, and internal distributions. It gives operations, accounting, and leadership teams a cleaner way to manage commission accuracy without chasing spreadsheets or scattered statements.

Insurance Brokers

  • Producers managing multiple carriers
  • Books with advanced commission splits
  • Teams tired of chasing missing payments

Agency Operations Leaders

  • Ops managers overseeing commission workflows
  • Leaders replacing manual reconciliation processes
  • Teams preparing for audits or reviews

Commission & Accounting Teams

  • Staff processing monthly carrier statements
  • Finance teams validating recurring revenue and P&L performance
  • Teams handling internal payout distributions

Early Access

Ready to stop guessing what you're owed?

Benefit Whiz is in early access. Request a spot and we'll walk you through how it can work for your brokerage.