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EDI Commission

Reconciling commission statements can be a lengthy, resource-heavy task. To reduce manual effort and increase accuracy, we can transmit commission data to you electronically using a process called Electronic Data Interchange (EDI).

How does it work?

The commission message file is produced at the same frequency as your normal paper statements. When your statement is due, you can collect your electronic report from a secure mailbox and import the data into your chosen back office system.

How can I use the data?

You can use the data to significantly reduce the amount of manual processing involved in reconciling commission payments.

How do I get started?

To start taking advantage of EDI commission, please email us. Once we have certain details required to set the service up, you should start receiving the commission messages within a week.

If you would like to discover more about how EDI could work in conjunction with your existing systems and our wider range of eServices, you can contact our eAdoption team by using our simple enquiry form.

Read more about EDI Commission (opens in a new window).

 

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