June 19, 2013 9:07 PM ET

Software

Company Overview of ACTEK, Inc.

Company Overview

ACTEK, Inc. provides commission and compensation software solutions to automate the process of calculating and managing commission, incentive, and bonus pay arrangements. It offers ACom3 Commission and Incentive Compensation Management for plan configuration, producer management, calculation, and communication; and ACom3 License and Compliance Application for insurance carriers and its producers to maintain appropriate credentials for various states and product types. The company also provides ACom3 Onboarding, a producer contracting platform to turn a paper and labor-intensive effort into a Web-based process; and ACom3, a Web-based management reporting and business intelligence tool for cre...

Detailed Description

2120 Data Drive

Birmingham, AL 35244

United States

Founded in 1999

Phone:

205-403-0506

Fax:

205-403-0120

www.acteksoft.com

Key Executives for ACTEK, Inc.

Co-Founder and Chief Executive Officer
Vice President of Development
Vice President of Support and Services
Vice President of Sales
Compensation as of Fiscal Year 2012.

ACTEK, Inc. Key Developments

Medica Selects ACTEK, Inc. for its ACom3 Commission and Compensation System and ACom3 License and Compliance System

Callidus Software Inc. announced that Medica has selected ACTEK, Inc. for its ACom3 Commission and Compensation System and ACom3 License and Compliance System. The agreement was signed in the third quarter of 2011. Medica will use the ACom3 product suite to support payments to external brokers, agencies, and FMOs as well as its internal sales professionals. The company's ACom3 suite is a compensation automation solution built to deliver extreme automation in integration, plan configuration, producer management, payout calculation, and communication. The solution is specifically tailored for business users, with focus on simplifying the complexity of managing dynamic programs to drive the performance of sales executives and the sales force across multiple channels and regions. The result of this focus is a highly user configurable system supporting rapid deployment, ease of use, and reduced operational complexity.

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