Know It’s Getting Done Right With Energy Broker Accounting Services
Skip the employees and hire the team who designed the tools. Eliminate accounting headaches once and for all with Energy Broker Accounting Services from Edge.
Focus On Acquisition. We Will Handle The Details.
Is reconciling supplier payments and processing commissions becoming burdensome?
Eliminate time-consuming supplier payment reconciliation and commission reporting. Energy Broker Accounting Services from Edge provides pinpoint accuracy in sales commission payments and accounts receivable. Our brokers enjoy:
-
Simplified monthly supplier accounts receivable reconciliation.
-
Timely sales commission calculations and reporting.
-
Stress-free energy broker accounting.
And did we mention that our services integrate with the rest of EDGE?
Now you can fully manage your energy broker business from anywhere.
Accounting Services Benefits
Payment Reconciliation
Outsourcing your accounts receivable reconciliation to us means…
An easy view into supplier commission files each month or pay period
Correction of errors in supplier commission statements.
Detailed reporting for managers, accounting, and executives.
Commission Reporting
On-time and accurate energy broker sales commissions.
Get detailed commission reports by agent or team.
Draw balance reporting for upfront commissions.
Accounts payable transaction logs for finance.
Payroll
Energy broker payroll processing made easy.
Receive regular payroll or commission reporting.
Custom file formats for simple bank processing.
Direct integration with many payroll processors.
Energy Broker Accounting Tips & Facts
What Is The Hardest Element Of AR/AP For Energy Brokers?
As your energy broker business grows, managing accounts receivable (AR) and accounts payable (AP) can become more and more of a challenge. First, let’s discuss AR. As you get bigger, you may find yourself contracting with more and more retail energy suppliers, and each supplier has a different method of reporting and commissions. Managing the process of reconciling your payments against what you expected to receive, correcting commission errors, and making sure you are paid on time can be challenging.
Next, comes accounts payable. Sure paying simple invoices like the internet or phone bill is easy. But, when your sales team begins to grow and you have several different compensation plans, knowing who to pay what to can be an overwhelming challenge. When you add in multiple payment tiers (managers, etc.), processing commissions can suck a lot of your team’s time. And, you must report and pay commissions with pinpoint accuracy or risk losing your salespeople to another broker.
Contact Us
Interested in seeing what an energy broker CRM can do for your energy business?
How Can Edge Help Me Solve My Payroll Problems?
Since we have developed a state-of-the-art software application specifically used for managing energy broker accounts receivable and payroll, our team can eliminate your payment nightmares. Some of our energy broker clients elect to outsource their accounting functions to us. We can manage your entire AR/AP tasks from A to Z, or simply take a piece of the process off your plate. Our team has decades of experience customizing systems for processing the most complex energy broker compensation plans. With Edge, you can rest assured knowing that your payment problems are solved once and for all.