Smarter Accounting for Commissions
Concert streamlines ASC 606/ IFRS 15 compliance and handles the most challenging commissions accounting
- Instant amortization calculations
- Expense commissions and bonuses over customer lifetime, service period, or as incurred
- Automatic termination tracking and acceleration
- Option to include fringe benefits
Turnkey Accounting for Commissions
Accurate, automatic accounting
Our platform identifies the correct amortization policy, amortizes your commissions and tracks customer relationships. If your amortization must be accelerated, it happens seamlessly.
Change plans easily
Commission plans are dynamic, your accounting should be, too. Concert will record any adjusting entries, without any manual intervention.
Close your books faster
Concert calculates commission expense instantly, so you won't have any delays in your close calendar.
Improved forecasting
Expense schedules are built out through amortization end dates, giving you the ability to project your commission expense in future periods.
Audit-ready commission expenses
Entries are traceable at the payee, plan, and opportunity level, making audits a breeze.
Grows with your business
Change plans in minutes
Your business is dynamic, and so are comp plans. Add or remove payees, adjust your quotas, or setup a brand new plan in minutes and your accounting updates automatically
Flexible data inputs
Bring in data for opportunities, collections, usage, billing, leads, activities, and MBOs, and know how it will impact your accounting.
Easy Salesforce integration
Connect your Salesforce data with a single click, and have your commission expenses recalculate in real time.
Speak the same language as Sales
No more reconciliation spreadsheets. Just one source of truth for accounting and Sales.
Join companies commissioning smarter with Concert
Concert was a key part of Return Path’s ASC 606 adoption:
- Return Path improved productivity and reporting for 100 reps spanning 5 roles in 7 countries with Concert.
- ASC 606 compliance impacted the company, and the result would have been manual spreadsheets.
- Concert made manual spreadsheets obsolete and streamlined calculations.
- ...All while giving reps timely and accurate statements!
Ready to Commission Smarter?
No expensive implementations. No complicated spreadsheets.
Schedule a Demo