NEW darwin.Cloud feature: automatic Direct Deposit
Offering to pay agents by “direct deposit” is not enough. The key is to have the “right” direct deposit technology.
A better way. Everyone agrees that agents should be paid by direct deposit. It’s much better for the accountants in your closing department. But, it’s better for agents too ! More and more, direct deposit has become “table stakes” … and any recruit will expect that this is a service you offer.
If you talk to the staff at the most efficient, highest producing closing departments, they will all tell you that using direct deposit is essential for them to get thru their workload. These same accounting professionals will also tell you that a company policy to pay agents by “direct deposit” is not enough. The key is to have the “right” direct deposit technology.
Launching your direct deposits at your bank’s website is clearly the most inefficient. NACHA files are more efficient but pose a huge security risk.
Today, brokerages need API based direct deposit technology with random key obfuscation and full encryption - and most importantly, it needs to be automatic.
This state-of-the-art technology is built into darwin.cloud. Watch this short video to learn more.
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