Insight New Business Tracking

Insight New Business Tracking from Redland Business Solutions provides an off the shelf capability to, view, sort and analyse Policy Tracking information supplied by UK Life and Pensions Product Providers.

Do you waste hours of valuable time chasing providers to find out what’s happening with your new business cases?

Imagine having one single place where you can see the current status of your new business cases.

Imagine being able to view your commission pipeline.

Imagine being able to provide this for individual advisers or for your whole centralised functions.

Imagine working with Insight New Business Tracking.

Information that really works for you

Users are able to search and view tracking data received from Product Providers as it arrives, Insight will alert the user to any specific action required.

Insight is targeted at IFAs, networks and network members who have a business need to understand exactly where any newly proposed business is in the process, to accurately see their commission pipeline and to reconcile their commission diaries.

The information is also used to produce commission pipeline reports as well as other management reports key to the efficient management of the business.

Insight calculates its own commission diaries based on the agreed standard terms and reconciles these against those supplied by the Product Provider.

Key benefits:

• Up to date Accurate Information
  Information is updated on a daily basis and is available at the beginning of each business day. This ensures that the latest position is available direct to the staff that need it.
• Reduced costs
  The costs of constantly chasing providers is almost totally removed; the information you need is available in one place for instant access.
• Accurate Commission Pipeline
  Enables accurate Commission Pipeline to be identified helping with cash flow management.
• Accurate MI For Service Providers
  Enables service provider organisations to monitor New Business levels for each member firm. Information provided by the application covers many areas from client, policy and commission details that can be provided in specific reports.