Case Study
Case Study
Case Study
Case Study
Case Study

Why Reconciliation Takes So Long - And How to Get a Week of It Back

by
SimplePin
,
June 23, 2026
The Problem

Your AMS and your carriers are tracking different things

When a policy is bound, your AMS records the expected commission based on written premium. The carrier, meanwhile, processes payments based on their own records — adjusted for endorsements, cancellations, returned premiums, and their internal accounting calendar.

Neither system is wrong. They're just out of sync. And every month, your accounting team spends time closing the gap between them by hand.

At scale, across multiple carriers with different statement formats and remittance schedules, that gap adds up to a significant amount of back-office time — most of it spent on exceptions that follow predictable patterns.
30%

Of direct bill commission transactions produce an exception at reconciliation

1,000

Transactions per month = 300 exceptions requiring manual review

35 hrs

Of back-office time consumed each month — roughly one full work week

Root Causes

Where the exception pile comes from

Exception rates aren't random. They follow the same structural sources every month. Understanding them is the first step to resolving most of them automatically.

⚖️

Accrual vs. Cash Basis Timing

Agencies recognize commission revenue at different points than when carriers remit payment. This timing gap creates mismatches on nearly every reconciliation cycle — not errors, just accounting reality.

📄

Statement Formatting

Every carrier sends statements in a different format with different policy number conventions and field labels. Mapping carrier records to AMS records requires translation, not just matching.

✏️

Mid-Term Endorsements

Endorsements change the premium base, which changes the commission. When the effective date or premium adjustment isn't reflected in the AMS, the expected amount no longer matches what the carrier paid.

🔢

Rounding Differences

Commission rate calculations applied to premiums down to the cent produce rounding differences between systems. Small per transaction, but they accumulate and each one still needs to be acknowledged and cleared.

📬

Multiple Statements

Mid-month payments, supplemental remittances, and adjustment notices from the same carrier in the same period each need to be matched to the right transactions individually.

↩️

Returned Premiums

When a carrier issues a return, the original commission may still be showing as earned in the AMS. The credit on the carrier side has no corresponding entry on yours until someone finds it.

7 min

Average time per exception to identify, locate, and update the AMS record

2,100

Minutes consumed per month on 300 exceptions at 1,000 transactions

+7 min

Additional time saved per exception once investigation is complete and context is surfaced

The Cost

Seven minutes at a time

For a typical exception that doesn't require deep investigation, the manual process is consistent: identify the discrepancy, locate the relevant policy in the AMS, understand what happened, and update the record.

That process runs about 7 minutes per exception when done by hand. For 300 exceptions, that's 2,100 minutes — 35 hours — spent every month on reconciliation that is largely routine.

The word "largely" matters. Not all 300 exceptions are created equal. Some are timing gaps. Some are formatting mismatches. Some are rounding differences. And a small number are genuinely worth investigating.

The problem is that manual reconciliation treats them all the same way.
What Changes

When routine exceptions resolve automatically

Most of those 300 exceptions are not mysteries. They have known causes and predictable resolutions. Timing differences, formatting mismatches, and rounding gaps can all be resolved through business rules once those rules are defined and applied consistently.
300 Exceptions

Total at 30% exception rate

85–95% Auto-Resolved

Business rules handle routine cases

15–45 Real Exceptions

Only these reach your team

That leaves somewhere between 15 and 45 exceptions per 1,000 transactions that actually require human judgment — the policy that genuinely doesn't match, the payment that can't be attributed, the carrier that remitted something unexpected.

Everything else closes on its own. And when an exception does need investigation, the context is already surfaced — saving another 7 minutes on the back end.
The Impact

What this looks like per 1,000 transactions

35 hrs

Of manual reconciliation time recovered per month — roughly one full work week

Minutes

Time to close the reconciliation when routine exceptions are handled automatically

15–45

Real exceptions your accounting team actually needs to review and investigate

"The shift isn't just about hours saved. It's about what the accounting team is doing with their time. Manually clearing formatting mismatches and rounding differences is not meaningful work. When that's handled automatically, your team is spending time on exceptions that actually matter."

SimplePin - Direct Bill Commission Reconciliation
By the Numbers
30%

Exception rate on direct bill transactions

85–95%

Resolved automatically with business rules

7 min

Saved per exception, manually or post-investigation

35 hrs

Recovered per 1,000 transactions monthly

Learn why SimplePin is worth the change.

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