Defining Partner and Product
Partners are organizations that you represent, such as institutions, universities, visa offices, accommodation providers, and insurance companies.
On the other hand, Products are courses, visa sub-classes, rental services, or insurance policies that are offered by Partners in different locations.
For example, Bachelor of Accounting is a Product, offered by our Partner named, Australian Demo University in their Sydney and Melbourne Campuses.
Defining Revenue Type in Partner and Product.
Each product is different and hence, how you generate revenue from each product is also different. Agentcis covers two different types of Revenue of the product - Commission from Partner and Revenue from Client. Revenue type can be determined from Product Page while editing the product. The Revenue Type impacts the Product Fee Table and Sales Forecast.
Commission from Partner is where revenue is generated from commission on fees which is paid by the Partner when the client enroll into the product and pays fees to the Partner. An example of this can be commission paid by the institution for selling their course to students.
Revenue from Client is where revenue is generated directly from the client for the service in terms of Income and Payables. An example of this can be the service fee collected from the client for visa processing service.