> ## Documentation Index
> Fetch the complete documentation index at: https://docs.insurestack.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Commissions

> Track and reconcile commission statements automatically with AI

## What is Commissions?

The **Commissions** module automates the extraction and processing of insurance commission statements, eliminating manual data entry workflows. Extract and reconcile commission data automatically, with formatted output ready to import directly into your agency management system.

## How It Works

<Steps>
  <Step title="Upload">
    Upload carrier commission statements in PDF, Excel (.xlsx, .xls), or CSV format. Works with any carrier - format-agnostic extraction.
  </Step>

  <Step title="AI Extraction">
    The system automatically extracts all relevant data:

    * Policy numbers and premiums
    * Commission amounts and rates
    * Payment dates and transaction types
    * Producer information and splits

    Processing completes in **under 2 minutes**.
  </Step>

  <Step title="Export & Import">
    Download formatted data ready for direct import into your AMS. Export as Excel, CSV, or AMS-native format.
  </Step>
</Steps>

## What Gets Extracted

The AI automatically extracts and formats:

* **Policy details** - Policy numbers, insured names, effective dates
* **Financial data** - Premiums, commission amounts, commission rates
* **Payment info** - Payment dates, transaction types, adjustments
* **Producer data** - Producer codes, splits, allocations
* **Carrier info** - Carrier names, statement periods

All data is formatted for direct import into agency management systems.

## Use Cases

<AccordionGroup>
  <Accordion icon="magnifying-glass-dollar" title="Payment verification">
    Instantly verify carriers are paying you correctly and identify underpayments or discrepancies.
  </Accordion>

  <Accordion icon="download" title="AMS integration">
    Export formatted data for direct import into your agency management system - no manual data entry.
  </Accordion>

  <Accordion icon="chart-line" title="Trend analysis">
    Analyze commission patterns over time to identify your most profitable carriers and lines of business.
  </Accordion>

  <Accordion icon="file-check" title="Audit documentation">
    Generate complete audit trails for compliance and reconciliation purposes.
  </Accordion>
</AccordionGroup>

## Best Practices

<AccordionGroup>
  <Accordion icon="calendar-days" title="Upload statements regularly">
    Process commission statements monthly or quarterly to maintain up-to-date tracking and catch issues early.
  </Accordion>

  <Accordion icon="tag" title="Name files clearly">
    Use descriptive filenames like "Travelers\_Q1\_2025\_Commission.pdf" for easy identification.
  </Accordion>

  <Accordion icon="eye" title="Review extracted data">
    Always review AI-extracted data for accuracy before relying on it for financial reconciliation.
  </Accordion>

  <Accordion icon="file-excel" title="Export for deeper analysis">
    Download to Excel for custom analysis, pivot tables, or integration with your accounting system.
  </Accordion>

  <Accordion icon="folder" title="Keep original statements">
    Maintain copies of original commission statements for audit and compliance purposes.
  </Accordion>
</AccordionGroup>

## Export Options

Download commission data in multiple formats:

* **Excel** (.xlsx) - For custom analysis and pivot tables
* **CSV** - For import into accounting systems
* **AMS-native format** - Formatted specifically for your agency management system

All exports include complete audit trails for compliance documentation.

## Credit Usage

Learn more about [credit costs](/billing/overview) in InsureStack.

## Processing Details

* **Processing time:** Under 2 minutes for most statements
* **Supported formats:** PDF, Excel (.xlsx, .xls), CSV
* **Carrier support:** Universal - works with any carrier format
* **Storage:** Unlimited statement storage
* **Accuracy:** Automatic error detection catches payment discrepancies

## Integration with Other Features

Commission tracking works alongside other InsureStack features:

<CardGroup cols={2}>
  <Card title="Policies" icon="shield-check" href="/features/policies-overview">
    Cross-reference commission data with uploaded policies to verify coverage and premiums
  </Card>

  <Card title="Quoting" icon="calculator" href="/features/quoting">
    Track which quoted policies ultimately generated commission income
  </Card>

  <Card title="Export to Excel" icon="file-excel">
    Download commission data for integration with your accounting or CRM system
  </Card>

  <Card title="Best Practices" icon="lightbulb" href="/support/best-practices">
    Learn tips for commission reconciliation and tracking
  </Card>
</CardGroup>

## Next Steps

<Card title="View Billing & Credits" icon="credit-card" href="/billing/overview" horizontal>
  Check your credit usage and balance
</Card>