Amber Bonus Management

The main articles are:

• HRM Classification
• Functionality of HRM systems

2023: Amber Bonus Management Solution Announcement to Automate Premium Calculation

The company AMBER"," a developer of systems and applications based on the the Russian platform, AMBER presented on April 24, 2023 the AMBER Bonus Management solution - commission management, agents developed in conjunction with a partner, a company SAPRAN specializing in the field consulting and for integration IT solutions business. The SAPRAN project portfolio includes many years of cooperation with large customers in the field of agency sales and employee motivation management. The design experience and expertise of the partner formed the basis of this AMBER solution for automating the calculation of premiums.

Bonus Management Transaction History

AMBER Bonus Management is designed for large enterprises and banks with a large number of employees who have various motivation schemes and want to manage scenarios for calculating bonuses with a forecast of benefits for the company. With AMBER Bonus Management, sales employees get a flexible tool to draw up and record the implementation of compensation plans of any complexity, including individual KPIs.

Bonus Management Employee Dashboard

The functionality of the solution allows you to solve the following problems:

• Automate the calculation of bonuses and bonuses to sales employees.
• Simplify and speed up the approval and signing of documents for bonuses.
• Ensure transparency of calculations and eliminate errors.
• Monitor the implementation of sales plans.
• Increase employee motivation.

KPI Bonus Management

Among the main features of AMBER Bonus Management can be distinguished:

• Calculate fees and rewards in a complex organizational structure, in an extensive partner network and in complex commission schemes.
• Monitor employee results in real time.
• Management of motivation scenarios and KPI calculation.
• Approval and signing of documents in the system.
• Introducing gamification elements, calculating points, bonuses, employee ratings, predicting benefits for the company when changing scenarios and calculation schemes.
• Integration with CRM, mail, IP telephony, ERP, billing and other software with an open API.
• Set up bots for internal communications and online display of key figures.

Each employee should be able to see the earned bonus for the current day or reporting period. Together with SAPRAN, a dashboard was implemented in AMBER Bonus Management, which contains reports on the implementation of the plan for all specified KPIs and the expected amount of the bonus. Thanks to the built-in rating, each employee sees what position he is currently in, and the system tells him what needs to be done to rise higher. For example, sell two credit cards or an insurance policy. The system also ensures the full transparency of bonus payments and bonuses, it displays a list of all transactions on the basis of which the calculation is made, believes AMBER CEO Alexander Ivlev.

The rule designer built into AMBER Bonus Management allows the system administrator to quickly set up compensation calculation schemes of any complexity, make changes and take into account factors related to the work of employees (transfer to another position, term of work in the company, etc.).

Implementing a commission management system will help the manager see the full picture and state of the business, monitor the efficiency of employees and influence the financial results of the company. The solution allows you to customize the motivation system for requirements, increase the efficiency of the treasury and reduce the burden on it, ensure transparency in relations with agents without additional communications, errors and the human factor, commented on the features of AMBER Bonus Management Executive Director of SAPRAN Andrei Mityukov.

AMBER Bonus Management has several license options: registered redemption, cloud, competitive and portal.