FirstBank Mortgage Reduces Incentive Compensation Processing Time by 75% with LBA Ware’s CompenSafe
"Out of all the tech we have, the return on CompenSafe is by far the best. It streamlines processes, improves communication and builds trust." -Lee Townsend, Director of Retail Mortgage Banking
With upwards of 12 people getting paid commission on a single loan, FirstBank Mortgage needed to streamline a chaotic series of emails and spreadsheets into a more efficient process.
The Results
Full transparency into commission calculations for commissioned employees
Increased accuracy and process efficiency
Direct integration with Encompass® by ICE Mortgage Technology
Improved communication and greater trust between the accounting department and production staff
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