Compensation plan and software are each important pieces in the jigsaw puzzle you’ll complete as you work to build and launch your network marketing or party plan company. The software you acquire needs to not only calculate commissions and bonuses accurately each time, but it also must support the reporting needs of your compensation plan for your company and its independent representatives.
Not All Alike
Just as there are differences in the features provided by each software provider, not all software providers provide the same support for all types of compensation plans. It would be costly if you discovered after you entered into a contract with a software company that it can’t or won’t program some or all of your compensation plan. If this happened, you would either need to change software providers or change your compensation plan. Both options could be expensive.
Until you show your completely designed compensation plan to a software company, you won’t know the cost of having them program it. While software companies may tell you how many hours they budget and that some or most compensation plans “fit” the budget, this doesn’t help you to know the total cost of programming your compensation plan.
Whenever possible, have your compensation plan designed before you become a client of an MLM software company. As you can see, the sequence matters.
For more information about MLM software, go to MLM Software Advice.