Summit Funding Conquers LO Comp Compliance Challenges with CompenSafe

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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

  • Automated & efficient process for managing employee-specific comp plans
  • Compliant methodology for calculating & reporting compensation
  • Eliminated having to manually create payroll reports each month
  • 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