We Provide Cost Effective
Industry Standard Software to Improve Firm Profitability and Management
Control
Gordon Lowe
software offers comprehensive Sales Compensation and Correspondent Billing
solutions for small, medium and large Retail or Institutional firms that are
self clearing, clear through others or clear for others.
And, it is
available on a NO RISK monthly lease plan.
Our basic monthly
lease plan is simple. We call it "No Risk" because there
are no up front "installation charges". Payments for our software
are made only after it is running at your firm, processing your trades, under
your policy rules utilizing your commission schedules and you see the
benefits, then monthly as you use it. We provide complete on-site
training for our easy-to-learn, intuitive system with excellent user
documentation. We have a 24/7 help desk with step-by-step personal and
Internet support. Should the need arise; we can even have one of our
professional staff at your site within 24 hours.
Our company and
our software have earned an outstanding reputation: just ask our clients.
Eliminate poorly documented, labor
intensive Spreadsheets!
Many firms are
still using outdated, labor intensive and error prone methods for processing,
calculating and reporting Sales Compensation. In many instances, poorly
documented spreadsheets, designed years ago and now arcane, are the primary
tools used in performing this critical business function. Making changes to
any calculation can be a formidable and treacherous task. These firms
routinely struggle with the difficulties of training replacement personnel
and utilizing temporary help during peak periods. Tight deadlines mean that
vacations or a critical employee absent at the wrong time can be a major
headache. Our software completely eliminates all of the problems associated
with manual and spreadsheet Sales Compensation processing by automating and
simplifying the entire task. To facilitate maintenance, problem resolution
and training, all processing rules and calculations are organized logically
and available instantly via screen or printed listings. Because our software
is user-friendly and intuitive, with a minimal training effort, any employee
is now able to quickly master this important function.
Improve management reporting!
We offer
extensive profitability analysis and performance reporting. The system
provides many informative reports enabling management to measure performance
at every level, including product and salesperson. Net pay calculations are
based upon your firm’s compensation plan while providing flexibility for
individual “deals”. This system, available in PC and mainframe versions, is
continuously updated to reflect industry changes as they occur. It is able to
streamline your distribution of information by exporting any reports directly
into your e-mail or network. And, it even provides summary information at any
level as well as trade detail for import into any spreadsheet or database
enabling speedy ad hoc and customized reporting.
Powerful
Tools
enable management to analyze performance!
To
aid in analysis, management is provided with a powerful Simulation Facility.
This tool has proven itself invaluable when fine tuning existing or creating
entirely new compensation plans. Anticipated results are assured by
pre-determining the precise effect of any compensation changes before they
are implemented. Simulations incorporate your firm's historical data with all
calculations based upon your firm’s criteria - rate grids, products,
production levels/assets under management (MTD, QTD, YTD, or Rolling
Average), minimum ticket and discount rules, etc. In addition to the training
provided, we bring to your firm our extensive expertise utilizing this tool
to determine the profitability of each trade by factoring in the direct cost
of sales such as salesperson net, execution and clearing fees.
How our
software can even pay for itself!
In most firms,
our software has paid for itself many times over. In addition to enjoying the
benefits of simplified and reduced labor requirements, they utilize one or
more of the many available profit-enhancing features. These features include
automatic scanning of all trades for firm's policy and compliance violations.
Trade scanning enables detection of such violations as Excessive Discounting,
Commission Below Minimum, Product Not Appropriate for Account and in some
instances, FINRA Principal Trade Regulations. Some firms have even recovered
all or part of the costs associated with some policy violations. A typical
example would be charging back a portion of an excessive discount to the
salesperson. This illustrates just one of the many ways in which Gordon Lowe
software can substantially reduce costs by improving enforcement of your
firm's policies. There are so many areas of opportunity in almost every firm
that it is not very difficult to see how these monthly savings easily offset
the modest cost of our software.
