Finance
Commissions calculated from the real numbers
Commission is calculated from the deal and its margin, approved by a manager and tracked through to payment.
The problem
Commission spreadsheets cause arguments
Calculating commission by hand each month is slow and error-prone. Salespeople cannot see how their figure was reached, and paying on revenue alone rewards deals that lose money.
How Toolbase solves it
A clear calculation everyone can see
Toolbase calculates commission from each deal using your rules, adjusts it for margin where you choose, and runs it through approval and payment so the status is never in doubt.
Capabilities
What you can do with Commissions
Commission rules
Set how commission is calculated for your business.
Base commission
Calculated from the deal revenue.
Margin-adjusted commission
Adjust commission based on the margin the job achieved.
Approval
Pending, Approved and Rejected statuses with a record of who decided.
Payment status
Track what has been paid and what is due.
Payment runs
Group approved commissions into a payment run.
Salesperson view
Each salesperson sees their own deals and commission.
Workflow example
From won deal to paid commission
- Deal won
Base commission is calculated.
- Job costed
Commission is adjusted for actual margin where your rules require it.
- Review
A manager approves or rejects with a reason.
- Payment run
Approved commissions are included in the next run.
- Paid
Status updates and the salesperson can see it.
Connected
Commissions works with the rest of Toolbase
By industry
How different industries use Commissions
FAQ
Commissions questions
Can commission be based on margin, not just revenue?
Yes. Commission can be adjusted according to the margin a job achieved.
Can salespeople see their own commission?
Yes. Each salesperson can see their deals and commission status, subject to permissions.
Does Toolbase pay the commission?
Toolbase calculates, approves and tracks commission. Payment is made through your payroll or accounts process.
See Commissions configured for your business
Tell us your industry and we will show you Toolbase set up the way you work.