Sequifi
vs CompenSafe
Mortgage commission calculation vs the complete mortgage back office.
CompenSafe, built by LBA Ware and now sold by nCino as Incentive Compensation, calculates loan officer compensation and exports the result to payroll. Sequifi calculates loan officer commissions and runs the payroll, onboarding and HR around them in one system.
Mortgage incentive compensation software that exports a payroll file; it doesn't run payroll.
The better fitLoan officer commissions, payroll, HR and onboarding in one platform.
Ahead of CompenSafe in 2 of 6 areas. Behind in none.
- Commission to paycheck
- Approved commissions flow straight into payroll. No export file, no upload.
- Built for loan officer comp
- BPS-based plans, tiered splits, branch overrides, bonuses and draw recovery.
- Connected to your LOS
- Integrations with Encompass, Calyx, LendingPad and Arive.
- One system for your people
- Onboarding, licensing documents and e-sign live beside pay.
Incentive compensation for mortgage lenders
Commissions, payroll, HR and onboarding in one platform
Exports a payroll file to upload into a separate payroll system
Runs payroll, with commissions flowing straight into pay
Configurable plans calculated at loan milestones
BPS-based plans, tiered splits, branch overrides, bonuses and draw recovery
Integrates with loan origination systems
Integrates with Encompass, Calyx, LendingPad and Arive
Outside the product
Onboarding, documents, e-sign and HR records in the same platform
Audit trail and historical tracking of calculations
Line-by-line breakdown of every payout before payroll closes
Platform scope
Incentive compensation for mortgage lenders
Commissions, payroll, HR and onboarding in one platform
Payroll
GapExports a payroll file to upload into a separate payroll system
Runs payroll, with commissions flowing straight into pay
Loan officer comp plans
Configurable plans calculated at loan milestones
BPS-based plans, tiered splits, branch overrides, bonuses and draw recovery
Loan origination system
Integrates with loan origination systems
Integrates with Encompass, Calyx, LendingPad and Arive
HR and onboarding
GapOutside the product
Onboarding, documents, e-sign and HR records in the same platform
Audit trail
Audit trail and historical tracking of calculations
Line-by-line breakdown of every payout before payroll closes
Sequifi is ahead of CompenSafe in 2 of 6 areas, and behind in none.2 gaps on the CompenSafe side.
See it on your comp planWhere CompenSafe stops
CompenSafe works out what each loan officer earned. Sequifi works that out and then pays them, from the same system that onboarded them.
- 1Payroll runs in a separate system, fed by an exported file
- 2Onboarding and HR run in separate tools
Commissions, payroll and your reps in one place.
- Commission to paycheck
- Built for loan officer comp
- Connected to your LOS
- One system for your people
Built for commission-driven teams in solar, mortgage, roofing, pest control, fiber, HVAC, door-to-door sales, home services, turf, landscaping and more.
92%
reduction in payroll processing time
0
payday disputes since switching
Weekly
commission payouts, down from monthly
“We're growing while the market's shrinking. That's because we automate, scale, and persevere. Sequifi's a huge part of that.”
Trusted by 20,000+ reps, managers, and operators
Trusted by 20,000+ reps, managers, and operators across commission-led teams
Loan officer pay, payroll and people in one platform
Mortgage teams need more than a calculation engine. They need the calculation, the pay run and the people records to agree.
Comp plans built for mortgage
BPS-based plans, tiered splits by loan volume, branch manager overrides, LOA bonuses and draw recovery.
From funded loan to paycheck
Commissions calculate as loans fund and carry straight into the pay run.
Visibility loan officers trust
Each loan officer sees funded volume and exact earnings, line by line.
Sequifi vs CompenSafe: common questions
CompenSafe was built by LBA Ware. SimpleNexus acquired LBA Ware in 2021, and nCino completed its acquisition of SimpleNexus in January 2022. The product is now sold by nCino as Incentive Compensation.
Both calculate loan officer compensation from loan data. CompenSafe exports the result as a payroll file that is then uploaded into a separate payroll system. Sequifi runs payroll itself, and also handles onboarding, documents and HR, so commissions, pay and people records live in one platform.
Sequifi integrates with Encompass, Calyx, LendingPad and Arive, so loan and production data stays aligned with compensation and payroll.
Yes. Sequifi supports BPS-based commission plans, tiered splits based on loan volume and funding status, referral arrangements, branch manager overrides, LOA bonuses and draw recovery, calculated automatically every pay cycle.
Most teams are fully live within 1 to 2 weeks. The onboarding team helps with setup, data migration and training.
If your institution already runs nCino for lending, has a payroll provider you are happy with, and only needs incentive compensation calculated on top, CompenSafe fits that narrower need without the broader scope Sequifi brings.
Your loan officers need more than a payroll export
Sequifi calculates loan officer compensation, runs payroll and manages onboarding in one platform, so the number you approve is the number you pay.
CompenSafe and all other trademarks are the property of their respective owners and are used here for identification only. Comparisons reflect publicly available information at the time of writing and do not imply endorsement.