Placements, billing and commission in one place
Record the placement once. The billing schedule and the splits follow from it, so finance works from the same record as the desk.
One placement, recorded once
Fees, billing schedules including tenure fees, and splits follow from the placement.
Billing events on a schedule
Create the billing schedule from a deal or placement. Each billing event shows what is projected and when.
Splits by role and person
Share a placement's billing between roles and people, as a percentage or a flat dollar amount, with the remainder to the house. The shares have to add up to 100% before a placement can be created.
Commission from personal billing
Commission is calculated from each person's own billing.
Everyone sees their own
Each person sees their own billing share. Admins see the firm's.
Changes are on the record
When a split changes, the record's activity feed notes who got what.
See it on your own desk
Thirty minutes with the person who runs Defrag. Bring a search you're working on and we'll walk it through.
Fill in a short form and we'll set up a time.