Insurance agencies lack a systematic way to reconcile expected policy-level commissions with actual carrier payments, leading to cash-basis bookkeeping and unreliable revenue recognition.

Workarounds Described

• recording deposits as income without reconciling to expected policy commissions
• closing the month on faith without accruals or true-ups

Implied Software Gaps

• Automated commission reconciliation from carrier statements to bank deposits at the policy level
• Accrual accounting module for insurance commissions with true-up capabilities

CommissionSync

CommissionSync is a cloud-based revenue reconciliation platform that automatically ingests carrier commission statements in any format, matches expected policy-level earnings to actual deposits, and flags discrepancies for accrual adjustments. It replaces manual spreadsheet guesswork with real-time visibility into earned vs. paid commissions.