Manger Insurance Automates Commission Reconciliation with Applied Recon — Applied Systems, Inc.

Event summary

Manger Insurance has adopted Applied Recon to eliminate 2-3 days of manual commission reconciliation monthly.
Applied Recon's drag-and-drop statement matching and automatic policy number matching are natively embedded in Applied Epic.
The solution reduces human error and speeds up the reconciliation process, allowing staff to focus on revenue-generating activities.

The big picture

Manger Insurance's adoption of Applied Recon highlights the growing trend of automation in the insurance industry, particularly in back-office functions like commission reconciliation. This shift is part of a broader movement towards operational efficiency and reducing manual errors, which can significantly impact an agency's bottom line. The solution's integration within Applied Epic suggests a strategic focus on providing end-to-end automation for insurance agencies.

What we're watching

Adoption Pace: How quickly other agencies will adopt Applied Recon to streamline their commission reconciliation processes.
Operational Efficiency: Whether the time saved through automation will translate into measurable revenue growth for Manger Insurance.
Market Differentiation: The extent to which Applied Systems can position Applied Recon as a competitive advantage in the insurance software market.