Frequently Asked Questions
How does Ancora automate incentives?
Ancora’s incentive automation platform allows organizations to set tangible targets and quotas for their customer facing team, and define incentives or commissions linked to those targets. Once an employee achieves his / her target(s), the system automatically calculates the commission and provides real-time earnings visibility to the individual.
Our organization does set individual targets and quotas. Will the platform still be useful?
Yes, in absence of targets, you can still automate your commissions by simply defining the payouts rules and running the policy. The rules can vary from a flat payout percentage to highly complex incentive grids with 100s of variables.
Our organization keeps on changing the incentives schemes and payout cycles. Will the platform be able handle these changes?
Yes. Using the platform’s no-code Business Rule Engine, you can make any number of edits and make changes in the policy on-the-go. The system maintains an audit trail of changes and all previous versions of the schemes are available at all times.
Since our sales and customer service data is captured and maintained in different systems and formats, can the platform aggregate and structure this data?
Yes, Ancora’s incentive automation platform can seamless pull and structure the data multiple sources. While the platform has ready integrations with all leading CRMs and ERPs, it’s micro-services based architecture allows easy integrations with any other / custom-built systems. Data import through other channels like MS Excel, MySQL servers, is also available.
Our internal processes require multiple levels of approvals, manual adjustments and deviations. How will platform handle those issues?
Ancora’s no-code Workflow Engine allows organizations to create multiple custom workflows best suited to their needs. The platform also allows for manual adjustments & deviations, while taking care of all compliance issues through features like maker-checked and audit logs.
How will Ancora help us increase our through-put?
Ancora’s incentive gamification tools help increase workforce engagement and drive productivity. Tools like “performance dashboards” help front-line workers get real-time earnings visibility, while intelligent features like “milestone nudges” help them achieve their targets faster. Schedule a demo with our team to know more about Ancora’s gamification tools.
How does Ancora help with channel growth?
Ancora’s partner onboarding platform enables remote and paperless onboarding & activation of new channels. Using the platform, organizations can automate & streamline the complete process, including data capture (OCR), data verification (GSTN APIs, PAN APIs, eKYC, Penny-Drop, Telecom APIs, etc.), hygiene checks(Negative Lists, Credit Bureaus, etc.), contracting (Smart Agreement & eSign) and activation (code creation).