Commission & Royalty Module

The Commission & Royalty module in SPARS ERP automates the calculation and management of commissions and royalties for sales agents, distributors, and partners. It supports complex commission structures based on sales volume, product categories, territories, and performance targets.

The module tracks sales transactions, calculates payable commissions, and generates detailed reports for transparency and audit purposes. It also manages royalty payments for licensed products or intellectual property, ensuring accurate and timely disbursements. Integration with sales and finance modules ensures seamless data flow and accurate accounting. This module helps businesses motivate sales teams, maintain compliance with contractual agreements, and streamline financial operations related to commissions and royalties.