Choose Track My Trail when comparing Track My Trail vs HarbourX for a broker’s trail-income review and book valuation. Choose HarbourX when you need to allocate commissions and prepare payment runs across a broker group or aggregator.
Track My Trail explains the money in your aggregator reports and helps you act on missing trail, clawback exposure and client reviews. HarbourX connects deal management with commission distribution. The deciding question is whether you need to investigate the income your brokerage receives or administer how commissions are allocated and paid.
A Choice Based on Your Commission Work
Track My Trail is our recommendation for Australian mortgage brokers who want to understand and grow their trail book. You can compare two monthly reports without storing them, or keep Trail History for longer-term analysis.
Missing Trail Analysis separates loans whose trail stopped and returned from discharged loans. Clawback Risk shows the upfront exposed on loans still within their clawback period. On Elite Suite, Trail Book Valuation grades active loans and produces a report to support a sale or borrowing conversation.
HarbourX’s product page describes commission allocation for brokers, broker groups and aggregators. Split templates, recipient-created tax invoice (RCTI) generation and ABA bank payment files suit an operation responsible for distributing commission. Its loan pipeline and referral management also connect that work to the deals being written.
| Decision | Track My Trail | HarbourX |
|---|---|---|
| Starting point | Issued aggregator reports | Loans and commission allocation templates |
| Monthly income review | Quick Analysis and stored-period comparisons | Upfront and trail dashboards, with lender and broker breakdowns |
| Missing payments | Loan-level Missing Trail Analysis | Brokers missing trail in the current month |
| Operational output | Analysis, review queues and book valuation | RCTIs, payment files and reconciliation summaries |
| Buyer responsible for | Reviewing the brokerage’s received commission | Allocating and distributing commission across participants |
The Track My Trail product overview explains its report analysis. HarbourX fits the wider commission administration job when your group needs payment preparation as part of its operating system.
Inputs, Calculations and Income Reports
Track My Trail starts with two monthly reports in your aggregator’s CSV, XLS or XLSX format. Quick Analysis compares the loans and income, showing additions, discharges and changes in balances. Month-length adjustment helps separate a shorter reporting period from a change in daily trail income.
Trail History stores reports with your permission. Historical Analysis then compares months, quarters or years without another upload. Commission Verification matches upfront payments to the trail expected within two months, and identifies trail with no upfront.
HarbourX describes a chain from a loan record through a bound split template to approved commissions, RCTIs and ABA files. Its RCTI analysis shows upfront and trail by month. These outputs cover both payment administration and income reporting.
Compare the same commission period and recipient before comparing totals. A brokerage’s gross commission differs from a broker’s share after splits. Use the same GST treatment and keep upfront separate from trail.
In an illustrative review, a payment file containing an allocation establishes the amount prepared for payment. The corresponding bank transaction establishes receipt. A missing-trail investigation then asks which loan and income period explain the difference. Keep those stages separate when reconciling a run with a broker’s income report.
Implementation and Review Controls
Track My Trail setup begins with the reports you already receive. Quick Analysis stores nothing. For ongoing analysis, you opt into encrypted Trail History and can upload up to 24 monthly reports together. Duplicate payments can be resolved on screen.
For a PDF statement, PDF to CSV converts the file into rows you check before downloading. Keep the original statement so you can trace a disputed amount back to the issuer. Track My Trail reads issued reports, so a payment correction still starts with the aggregator responsible for the statement.
HarbourX’s setup involves commission templates bound to a broker, group, aggregator or loan. Its product page describes reconciliation summaries for sign-off. Your split agreements therefore belong in the implementation scope, alongside the people who approve payment runs.
Review responsibility follows the job. A broker investigating lost trail needs the affected loan and period. A group distributing commission needs its agreed allocation and approval process reflected in the run.
What the Commercial Offer Covers
Track My Trail has monthly and yearly subscriptions, with GST included. Excel Escape includes Quick Analysis. Pro Performance adds Trail History and Historical Analysis for the most recent two years of one book.
Elite Suite suits a brokerage combining up to five trail books. It includes full history, Trail Book Valuation and PDF to CSV, plus the owner and four teammates’ logins. Phone support and a one-on-one onboarding call with the founder are included.
See Track My Trail plans and current prices for the subscription terms. You can upgrade, downgrade or switch billing from your account, and cancel a monthly plan at any time. A seven-day free trial requires no credit card. Track My Trail can pay for itself when it finds a single missing loan.
HarbourX directs enquiries to its Book a demo form for a 20-minute walkthrough. Frame the commercial discussion around the broker groups involved and the commission distribution work. Include template setup and ongoing support in the requested scope so the proposal covers your operating responsibilities.
The Next Review Before Choosing
Map your commission question to the output that answers it. For “Which loan stopped paying trail?”, Track My Trail’s Missing Trail Analysis gives a loan-level investigation. For “How do we divide approved commission and prepare the bank file?”, HarbourX’s allocation and payment workflow fits the task.
Use one representative commission period to define the requirement. Record the recipient, whether the amount is upfront or trail, and whether you need a calculation, payment instruction or evidence of receipt. This makes the requirement specific without assuming a connection between the two platforms.
Choose Track My Trail for the broker’s recurring income review, clawback exposure and book value. If your operation also distributes commission across groups or other participants, include HarbourX’s documented payment administration in the system you assess.
