Office income and expenses
See what your agency really earns
Connect puts side by side what came in, what went out and what stayed, so you know how the agency is doing before the year ends.
Income and expenses in the period
Income Expenses
Does this sound familiar?
You have turnover, but how much stays?
- You only learn your profit from your accountant.
- Commissions and expenses sit in different files.
- You do not know which expense category got away.
- Every comparison with last year takes hours.
In plain words
It is a screen showing how the agency is doing as a business. Income is what insurers give you as commission. Expenses are what you give partners, plus your running costs.
Four moves to the picture
- Commissions come in from the policies.
- Partner payments come in as expenses.
- Add rent, bills and other costs.
- Choose a period and see what stayed.
June
In June you want to see how the year is going. You pick the half year and see income, expenses by category and profit.
Who it is for
For agency owners who want to see their numbers without Excel.
The agency's picture on one screen
Incoming commissions and what you give partners flow in on their own. Add your own expenses and see what stayed, for any period.
Illustrative example
Turnover, production and profit are not the same
Insurance agency software usually shows production. But an agency lives on what stays. Connect looks at the back office as a business, whether you write through multi-quote or not.
Premiums are not income
They pass through your agency but belong to the insurer. Your income is the commission.
Partners are an expense
What you give in commissions and overrides reduces what stays, and flows in automatically.
Rent counts
Add your own expenses in your own categories, to see the truth.
Two ways to look at it
By production, or by the money that actually moved. For cash, the second one counts.
You do not need to be an accountant to read it. Check it once a month, see whether profit is rising and which expense category got away, and decide before the year ends. It does not replace your accountant, but it gives you the picture you usually see only when it is too late. It is included in every plan.
What's included
- Period summary
- Income, expenses and profit at a glance, in charts.
- Income
- The commissions insurers give you, with their policies.
- Partner expenses
- Commissions and overrides flow in automatically.
- Your own expenses
- Rent, bills and the rest, in your own categories.
- Any period
- A month, a year or any range you care about.
- Collections and payments
- You can also view it by the money that actually moved.
How it connects to the rest
Frequently asked questions
Do premiums count as income?
No. Agency income is the commission insurers give you.
Do I enter commissions by hand?
No. Incoming commissions and partner expenses flow in automatically.
Can I create my own expense categories?
Yes, from the settings.
Does it replace my accountant?
No. It gives you a clear picture of the agency. It is not an accounting ledger.
Can I look at different periods?
Yes. Choose the period and the summary adjusts.
Can I try it for free?
Yes. The trial lasts 14 days, with no card and no commitment.
Is there anything to install?
No. Everything runs in the cloud, from your browser, with no server at the office.
Do you help me get started?
Yes. Moving your data from your old system and helping your team in the first days are free.
Does support cost extra?
No. Support is included in your subscription.
Can I cancel?
Yes, whenever you like. Cancellation takes effect once the current period is over.
All products
Five questions, and you know what fits
Tell us how your agency works. We suggest a plan and add-ons, and you try them for 14 days with your own data.