What is Board Plan MLM Software?

Board Plan MLM Software is a powerful platform designed to facilitate the implementation and management of the Board MLM compensation plan. In this structure, members are organized into multiple boards, each containing a fixed number of positions. Members actively recruit new participants to fill these positions. Once a board reaches full capacity, the top member ascends to the next level, earning rewards and bonuses in the process.
This software streamlines various aspects of managing a board MLM structure, including tracking network members, calculating commissions and bonuses, and monitoring sales activity. By automating these functions, Board Plan MLM Software enhances operational efficiency and supports the growth of network marketing businesses.

Board MLM Systems from Vader MLM Software

A Board Plan MLM is a Matrix Cycle where members are entitled to commissions when a specific number of entries in the Board/Matrix Cycle are completed. Members can earn commissions when a specific number of entries are completed within a board/matrix cycle. As such, the genealogy tree represents the structure of the MLM network. Upon joining, members are allocated a blank board and must fill columns by recruiting associates.

The number of columns may vary by company, and commissions are awarded as columns are filled. This plan limits sponsorships to X legs on the first level and limits downline depth to Y levels, allowing for a completed Matrix Cycle. This structure fosters a dynamic and compact network, encouraging members to work closely with their recruits to achieve their commission goals.

Key features of the Board Plan MLM Software:

The Board Plan MLM Software offers a range of key features designed to enhance the management and efficiency of multi-level marketing businesses. Here are the primary features:

1. Board Management

The software allows for effective management of multiple boards, enabling seamless organization and tracking of members within each board structure.

2. Member Management

Easily manage distributor information, track performance, and monitor recruitment efforts to ensure optimal network growth.

3. Compensation Plan Customization

Businesses can customize their compensation plans to fit their unique needs, including different board structures such as 2X2, 3X3, or 4X4 configurations.

4. Automated Commission Calculations

The software automates commission calculations based on sales volume and board completion, ensuring accurate and timely payouts for distributors.

5. Sales Tracking and Reporting

Monitor sales activities and generate detailed reports to analyze performance metrics, helping businesses make informed decisions.

6. Flexible Payment Options

Support for multiple payment gateways and e-wallet facilities allows for swift financial transactions in various currencies.

7. Advanced Security Features

Robust security protocols, including data encryption and two-factor authentication, protect sensitive information and ensure compliance with regulatory standards.

8. User-Friendly Interface

Designed for ease of use, the platform features an intuitive interface that simplifies navigation for both administrators and members.

9. Integration Capabilities

The software can integrate with third-party applications for e-commerce and communication, enhancing overall functionality.

10. Training and Support Modules

Includes dedicated modules for onboarding new distributors and providing ongoing training to ensure user engagement and retention.
These features collectively empower MLM companies to streamline operations, enhance distributor engagement, and drive growth within their network marketing structures.

Types of Commissions in Board Plan MLM:

In the Board Plan MLM, there are two primary types of commissions: Referral Commission and Cycle Commission.

Referral Commission

Distributors can earn commissions or incentives by introducing new clients or distributors to the business. This bonus motivates them to actively promote the products or services, helping to expand the customer base and drive overall company growth.

Cycle Commission

The Cycle Commission is awarded to participants in the MLM plan upon completing a cycle. A cycle typically consists of a series of 2×2 matrices filled with active members. The amount of the cycle commission is usually calculated as a percentage of the total sales generated by the participants within that cycle.

Type of Bonuses in a Board MLM Plan

Leadership Bonus

Board MLM offers leadership bonuses for distributors reaching certain ranks. This motivates them to expand their teams and recognize their ability to build strong networks.

Sponsor Bonus

Distributors are incentivized to recruit new members into their downline. This boosts their income and network, and fosters a culture of recruitment and team-building.

Level Bonus

Level Bonus by Board MLM rewards distributors for advancing within the board by sharing in their downline’s sales and commissions. Thus, this ensures a consistent income stream.

Rank Achievement Bonus

The Rank Achievement Bonus rewards distributors for reaching ranks. This motivates them to aim higher and achieve greater success in Board MLM plan.