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Incentive compensation management software for enterprises
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Build and collaborate across teams effortlessly
Compensation Manager
Build, execute, and optimize sales incentive programs independently without relying on multiple teams.
Sales Operations
Track the performance of comp plans in real-time and counsel the leadership team with data-driven analysis.
Finance
Minimize the cost and time spent on managing the incentive compensation programs across teams.
Human Resources
Identify and retain top talent with a transparent & flexible incentive structure across the organization.
Replace spreadsheets with modern incentive compensation management software
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Product Tour
Error-free incentive compensation management
Centralize thousands of columns from your spreadsheets to a single dashboard with a unified incentive compensation management software. The user-friendly dashboard allows you to build error-free sales commission plans at scale and build trust among your reps with complete transparency into calculation logic.
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Improve data accuracy with the power of AI
Centralize your sales data from any number of data sources under a single platform. Our talented tech team will help you integrate your data from any database like SAP, Oracle, MYSQL, etc in no time
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Worry less about the scale and complexities
Implement complex comp plans without the fear of errors and ensure on-time payouts.
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Enterprise-Grade data security
and privacy management
Data protection is of utmost importance to us, and we are committed to providing a safe, secure, and compliant loyalty ecosystem for enterprises with the highest standards of data security and privacy across storage, exchange, collection, and processing.
Enable a frictionless sales experience
Compass offers advanced tools to streamline sales operations and drive revenue
Forecast, plan, implement, monitor, and reward your sales team with a unified platform.
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Replace counting sales commissions for reps with accurate earnings forecasts.
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Motivate and retain your sales talent by recognizing their wins with live leaderboards.
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Trusted by leading sales teams globally
FAQs
Incentive compensation management (ICM) is crucial because it consolidates sales and employee data, simplifying commission calculations. Effective ICM programs enhance sales team focus on performance, empowering efficient lead management and deal closure. Accurate and transparent ICM software motivates sales personnel, retains key staff, and drives better sales performance. Interactive dashboards also aid in highlighting sales opportunities for organizational growth.
Selecting the best ICM software involves:
- Defining Needs: Assess your commission structures, integration requirements with CRM and other systems, and scalability needs.
- Evaluating Features: Look for automated commission calculations, real-time data integration, customizable plans, robust analytics, and user-friendly interfaces.
- Considering Security: Ensure the software complies with data protection regulations and offers secure access controls.
- Reviewing Support and Training: Evaluate vendor support, training resources, and customer reviews for insights into usability and reliability.
As a Sales Leader, utilizing ICM software is beneficial because it streamlines commission processes, provides real-time insights into sales performance, enhances transparency, and motivates sales teams with accurate and timely commission payouts. It enables strategic decision-making based on comprehensive analytics, fostering a culture of performance and accountability.
Incentive compensation should be a concern for:
- Sales Managers: To ensure fair and motivating commission structures that drive sales performance.
- Finance Departments: For accurate financial forecasting and budgeting based on commission expenses.
- HR Teams: To retain and motivate top talent through effective compensation strategies.
- Executives and Stakeholders: To align sales incentives with business objectives and drive overall company growth.
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