Case Study Summit Funding

Case Study Summit Funding

Summit Funding Conquers LO Comp Compliance Challenges with CompenSafe

The Challenge

Summit Funding needed a mortgage industry specific compensation calculation platform that would automate their compliance requirements while simultaneously reducing the labor cost of producing payroll.

The Results

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Automated & efficient process for managing employee-specific comp plans
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Compliant methodology for calculating & reporting compensation
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Eliminated having to manually create payroll reports each month
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Complete transparency into commission calculations for employees
“Without CompenSafe, we’d be in deep water.”

Roy Mall, Executive Vice President of Accounting, Financing & Servicing
Summit Funding