As the year of TRID comes to an end, the focus is now shifting towards driving profitability through increased productivity and operational efficiency. The foundation of success for this lies in frequently monitoring and measuring performance and having the ability to make seamless adjustments when necessary.
Incentive compensation plans (ICP) are a practical way to monitor origination performance by aligning compensation structures next to key indicators of efficiency. Here are five benefits of using ICP as part of your growth strategy and how automation and integration software makes implementing ICP’s achievable.
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Kelley Mangel is the Marketing Manager for LBA Ware, a provider of Software of a Service (SaaS) applications that leverage automation to ease pain points of manual origination processes. Having worked in an array of communication channels for both large corporations and small start-ups, Mangel brings a wealth of knowledge about what it takes to be a customer-centric company.