We are excited for the release of our latest product, a Back Office platform for commercial real estate brokerages to track commissions, invoices and payments all in one app! This was developed as a direct result of feedback received from our customers who requested the ability to track commission plans and payments with their related comps.
Apto was designed by brokers to track Contacts, Properties, Listings, Projects and Comps all in one place. Now we can take that even further as we introduce the "Booking Engine" which takes a user through the entire process of booking a deal for either a Sale or a Lease. You can book the deal on a comp, enter commission items, create and send an invoice, track the payment, and apply the payment to an agent's commission.
Multiple invoice types are supported including standard sale invoice, standard lease invoice and, in instances where the commission is collected as the rent comes due, recurring lease invoice. The Booking Engine allows users to enter partial payments, allocate payments to multiple invoices and also assign a portion of payment towards participating agents’ gross commission. Best of all, you can run reports and dashboards on commission paid and estimated commission, providing a better picture of your revenue pipeline!