Enhancing Efficiency and Transparency: RateHawk’s New Commission Repayment Update

Streamline your business with the commission repayment update

Our enhanced commission payment process has newly automated steps seamlessly integrated into a user-friendly interface. 

Here are the key benefits you can expect.

Use the benefits of the new commission repayment process

• Time efficiency: this automation significantly cuts down the time agents spend on administrative tasks.
• Reduced human error: Automation reduces the chances of errors in the commission process.
• Increased transparency: Agents can now see exactly how much commission they have and manage where they want it sent — to the overpay or bank account.

Learn how it works now

Agents with Master and Finance roles have the autonomy to manage commissions either directly, one by one, or by setting up automated withdrawals — both for all bookings made within a month. 

Managing commissions directly

Manual management is ideal for agents who prefer precise control over their commission withdrawals, allowing for alternate direct payments to different bank accounts and overpay balance.

Steps to manage commissions directly: 

1. Access the “Reporting” tab and select “Withdrawal of commission.”

2. Mark the orders to withdraw commissions, with a minimum threshold of $100 or its equivalent in another currency.

3. Click on the “Withdraw” button to opt for manual withdrawal.

Setting up automated withdrawals

Automated withdrawals are perfect for agents seeking a streamlined and consistent approach to managing their commissions.

This method automatically consolidates all monthly commission withdrawals into a single designated account, whether it’s a bank account or an overpay balance.

Steps to set up automatic withdrawals

Follow these simple steps to set up automatic withdrawals:

1. Navigate to “Withdrawal of commission” under the “Reporting” tab.

2. Activate the “Automatic withdrawal of commission” button.

3. Choose an account for the commission, ensuring funds are available for withdrawal on the 16th of each month.

Soar high with RateHawk and supercharge your business

With this new update, RateHawk reaffirms its commitment to improving the operational efficiency and satisfaction of our partners. Our platform’s enhancements are designed to provide not only better service but also a more intuitive and transparent user experience.

Check your personal account now and experience these benefits firsthand!

Withdraw commission now