The design of commission schemes is essential to an Independent Financial Advisor (IFA) Institution. The performance of a consultancy team is largely driven by attractive incentives. The Commission Calculation System (“ComMon”) of Convoy, designed and developed by Beans Factory, has been up and running smoothly since July 2005. With the help of the ComMon, Convoy is benefited from automatic calculation operation, more accurate commission payment calculation and readable management reports resulting reduction of the operational revenue significantly.

“I am happy to say that ComMon is a successful development. With the success of ComMon, it can provide accurate and timely commission and business performance information to our consultant force. In addition, monitoring and control over commission payment have been strengthened to a great extent. To have such result, Beans' development team has made a great effort and been very helpful for the time being. No matter day or night, they will answer call and respond quickly. Really professional!” - Convoy's Chief Financial Officer, Mr. Mark Mak

Being a long-term IT technology provider to Convoy, Beans Factory will continue to enhance and optimize ComMon to cope with the rapid changing business nature of the IFA business of Convoy.