CommBeast takes insurer remittance statements from arrival to payment: parsing statements, reconciling them against bank deposits, posting the month, and generating the payments and invoices that follow — with every figure traceable back to the line it came from.
Commission processing is a sequence, not a pile of spreadsheets. CommBeast models the whole month as a tracked pipeline, so at any moment it's clear what's done, what's outstanding, and what the next action is.
Statements arrive by upload or straight from a monitored mailbox, and are parsed into commission lines.
Bank deposits are matched to statements automatically, with rounding tolerances and manual override.
A validated month-end batch locks the period once the pre-posting checks pass.
Posted commission records are pushed to the CRM, idempotently and with rollback.
Payment splits are generated and issued as bank-ready direct entry files.
Invoices and statements are raised in the ledger and sent to recipients.
Statements are broken down to individual commission lines and stay queryable for the life of the record — by policy, client, adviser, provider or period.
The integrations aren't export buttons. Records are read and written in both directions, with the reconciliation, retry and rollback behaviour that financial data requires.
Bidirectional. Policy records are pulled in for matching; posted commissions are written back.
Invoices and recipient-created tax invoices raised directly in the ledger.
A monitored mailbox is polled so statements are ingested without anyone re-keying them.
Payment runs are produced as ABA direct entry files ready for upload.
Every provider formats statements differently. Both approaches are supported.
Statements and remittance advices reach recipients as part of the run.
The platform handles bank details and client financial data, so the controls are part of the design rather than bolted on afterwards.
Money movements, permission changes and configuration edits are recorded with before-and-after values, hash-chained so alterations to history are detectable.
Standard users are restricted to their assigned locations and firms on both list and detail views. Administrative actions are separately gated.
Authenticator-app 2FA on every account, with rate-limited sign-in and short-lived sessions that are revoked on password change.
Third-party credentials and file passwords are encrypted at rest, and the application refuses to start rather than fall back to storing them in plain text.
Traffic is filtered at the edge with geographic restriction and rate limiting, over enforced TLS with a strict content security policy.
Posting, CRM pushes and payment runs can be rolled back. Concurrent operations are guarded so a retry can't double-process a batch.
