Compensation management in banking sector is more crucial than ever. Considering this, we have Xoxoday Compass, which isn’t just another ICM banking tool—it’s a comprehensive solution addressing the intricate nuances of compensation management in banking sector. Don't wait. Embrace Xoxoday Compass today and embark on a journey to transform your banking sales. Compensation management in banking has never been this exciting!
Why drown in spreadsheets and manual calculations when Xoxoday Compass can streamline everything? Immerse your institution in a future where you:
Easily handle accelerators, tier and workflow triggers in few simple clicks
Make adjustments and overrides to any incentive calculations on-the-go
Run simulation experiments with hypothetical data to improve the incentive structure
Go live within days, not weeks with our predefined functions, data templates and themes
No one wants a mundane sales process. Xoxoday Compass understands the necessity of motivating sales staff in the banking world. With our tool, you can:
Set up audit trails, track adjustments and lock historical statements to monitor for compliance
Add or remove team members, change teams, roll-up structures, or assign new territories
Reps can choose from 82 global currencies to view their payouts while you view reports in yours
Create hierarchy and provide leadership teams the power to view, manage, and approve workflows
In the dynamic world of compensation management in banking, insights can be game-changers. Xoxoday Compass equips you with:
Provide business leaders, admins and users visibility into performance and payouts, all in one place
Give users visibility into all aspects of commissions including deals in pipeline, commission accrued, predictions and more
Generate error-free statements at a granular level, no matter how many times changes are done to the program
Create data visualization by adding filters and identify trends by region, teams and programs on the fly