Management of your distribution channel for investment

This post is part of a series sponsored by Actentsync.

When your team concludes that your current vendor, process, or (honestly) spreadsheet is not working properly, you need to get a buy in a large organization. Easy, right?

If you are the person responsible for simplifying any differences in the field of boarding, licensing, operator appointments, or sales for manufacturers, it is the next annoyance to your future country to clarify the value of Actentsync and its distribution channel management (DCM) solutions to other organizational stakeholders.

To help make your situation step by step, download the guide.

Who will DCM benefit?

you. Better distribution channel management benefits you. But come out and say so before, this may not be enough to get a wider group on board, especially if you have historically managed distributors and downstream producers on spreadsheets. Your organization may view your distribution channel management as a zero-cost solution. You know it’s not.

You know that every day you guide your manufacturer’s license can be a license landing and spending you $20,000 on a state fine, or even more on a reputation library. This could be a day when slow onboarding offers a $5 million policy to your competitors.

While you and your team will be most obvious about the change in workflows every day, fears of changing management and upgrading key aspects of basic business architecture will be out of control. Implementation is not a wave of wands (we hope). You must show that Admentync and its transformative distribution channel management solutions will provide your business with much more convenience than you can free up your team from typing (and replaying and restarting) to fact-checking NPN.

Download our guide to defend Actentsync in your organization

Define and solve problems

If you have realized that your business needs to better process producer data and implement Adpentsync as a DCM solution, then you know you need to attract other stakeholders (the kind of stakeholders who have the right to cut checks and influence change management). Some of this will make everyone agree on this issue.

While we don’t think fines are real pain, agents and operators can become complacent as the cost of doing business. However, the slow onboarding process can cost you millions of dollars as a producer to an agent or carrier who has signed a contract. After all, it’s just because you The inability to pay for producers, but it doesn’t mean they don’t want to be paid – they are not waiting for you to handle their paperwork before you start your business for your clients. Especially in an industry powered by independent agents, slow onboarding is a risk to your competitive advantage and brings the risk of completely stirring the agent.

Of course, your ability to visualize who producers and distributors are and their licensing or appointments is crucial to your compliance. But it is also a key part of evaluating your overall distribution and the effectiveness of investments in each region. People who know you compete with producers and authoritative people are data that can develop or disrupt distribution strategies for new products within a given year.

Download our guide and figure out how to align your other organization stakeholders on these issues, etc.

How to solve pain points with Actentsync

Your stakeholders will have real concerns about any new technology they evaluate, and it’s not just about getting a favorable ROI – it’s also about the total cost of ownership of a given technology. Making a lot of initial investment is one thing. Throughout the enterprise, most of its potential is achieved through integration, automation, reporting and practical adoption.

Making a case means being able to answer questions about these pain points and so on. Authorize yourself to defend Admentync in your business and immediately change your overall issuance channel management. Download guide.