Commission reconciliation is the process of matching the commission and premium amounts on a carrier’s statement against what’s recorded for the same policy in your agency management system, so the two numbers tie out before the books close. Recon in Applied Epic automates the matching and surfaces only the lines that don’t agree.

AI extracts commission and premium lines from a carrier statement, cleanses the data, and checks each line against the matching Applied Epic transaction on six signals at once – policy number, line ID, pay period, term dates, line of business, and group vs. individual. Finance reviews what doesn’t match automatically and decides what posts.

Direct bill reconciliation typically runs separately from agency bill, with its own tools and its own close. Recon brings direct bill statement matching into the same intake, matching, and posting flow as the rest of Applied Epic, so finance uses one process instead of two to close the books.

Yes. Recon ships with a broad, growing list of carriers certified for automated matching, but you aren’t limited to that list. Upload a sample statement from any carrier, confirm the suggested field mapping once, and Recon brings that carrier into automated matching from then on – no waiting on Applied to certify it first.

Yes. Applied Epic falls under Applied's SOC 2 Type 2 audit, which runs semi-annually, and is certified to ISO/IEC 27001. Applied Epic also has its own SOC 1 Type 2 report – the audit covering controls that affect your financial reporting. Applied can provide either report as needed.