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A well architected and flexible compensation module
that can be easily integrated into existing software is key to a successful sales force. Vast Edge incentive compensation package takes
sales data from various existing systems and provides configurations to effectively track and distribute sales commissions. The
commissions can be prorated after territory/account reassignments, distributed across sales hierarchy, shared with the channel,
calculated differently for net new orders and renewals/subscriptions/usage consumptions, and weighted by order size / target quotas.
Managing complex incentives is a daunting task for businesses. For fast-growing companies, it is a big struggle to maintain manual, legacy or
home-grown systems. As these systems lack the flexibility required to model, implement and manage a modern and complex incentive compensation
strategy. Your corporate performance strategy and growth is heavily dependent on accurate prediction, administration and tracking variable
pay outs. Additional workflow approval module can be integrated to approve sales commissions. The reporting modules include actual sales
commission reporting, projected sales commissions, comparison against target quotas, and gross product profitability calculations after
NetSuite Incentive Management
NetSuite Incentive Management allows businesses to design complex
sales commission rules, tracks various revenue-based compensation plans and avoids complicated spreadsheets to
save time. It easily combines employees commission to prebuilt sales data and enables salespeople to view their
incentive through automated commission reporting.
NetSuite provides an easy-to-use incentive compensation solution to address the challenges of creating and maintaining complex multi-tiered
commission plans. NetSuite incentive compensation management lets you quickly deploy sales commission programs aligned with the needs of your
business and provides a clear overview of incentives for sales reps.
Reduce overpayment risk and shadow accounting while improving retention by reducing sales
commission errors and making accurate, timely payments.
Optimize Sales Commission Spending
Dashboards and reports provide visibility into some of your largest costs the
sales commission budget allowing you to optimize sales commission spending and effectiveness.
Improve sales operations productivity with simplified compensation management.
Motivate Sales Professionals
Easily create new sales incentives and provide real-time visibility into
Flexible Incentive Compensation Management
- Configure sophisticated sales commission rules based on quotas, sales, quantity, profitability and other criteria.
- Support a global sales force with NetSuite OneWorld, using multiple currencies to payout commissions.
- Set flexible commission schedules.
- Make changes to sales compensation plans as required.
Complete Back-office Integration
- From sales commission calculation to payment through integration with NetSuite premier payroll service, or with your
existing payroll solution.
- Simplify integration with NetSuite order management by reducing manual processes and errors.
- Streamline back-office processes.
Improve Sales Visibility and Alignment
- Ensure that sales, sales operations and finance can monitor sales trends, quota performance, attainment distributions,
summary and detailed compensation using role-based, real-time dashboards and reporting
- Allow salespeople to forecast their earnings and see commission reports integrated into their sales dashboard.
- Simplify compensation management for your channel.
Salesforce Incentive Management
Salesforce Incentive Management Module empowers businesses to
configure compensation plans and commission rules while meeting your unique needs. It leverages quantity and
revenue definitions with flexible multi-tier compensation plans to use custom monthly, quarterly and annual
quotas. The Salesforce multi-currency quotas and commission deploys multi-currency payments of sales reps and
empowers to transact businesses in all currencies. Additionally, it focuses on innovation and achieves
unparalleled speed to market with promise to deliver a superior user experience with enterprise-level security.
SAP Sales Incentive Compensation Module
SAP Sales Incentive software optimizes and deliver compensation plans
and to drive profitable behaviour and grow revenues while increasing the effectiveness of sales teams. It also
maximizes sales performance, and bring transparency to business sales to enhance commission ROI and reduce
The SAP sales compensation module enables sales reps to meet high customer expectations, and delivers superior performance by increasing
seller motivation and healthy sales competition. Moreover, it supports on-board compliance to gain visibility into planning, performance
- Develop and
distribute strategic incentive compensation plans at scale to drive the right sales outcomes
for your global workforce.
- Unlock insights
with rich analytics and leverage prescriptive AI recommendations to improve plan performance
without third-party business intelligence software.
overpayments and resolve compensation inquiries in seconds with one-click traceability.
Oracle Sales Incentive Compensation Module
Oracle Incentive Compensation Application motivates customer sales
while allowing organizations to explore the components of incentive commission plan, and manipulate them to
achieve spectacular outcomes. It automates the design, administration and analysis of transactional pay for
performance incentive programs. The universal variable compensation software leverages sales incentives to
business objectives to motivate sales reps, 3rd party representatives, customers, resellers and partners through
Keep sales reps motivated with on-time and reliable payments and direct access to
compensation plans, calculations and transactions
Complete coverage for any compensation plan design. Plans can be quickly
created, modelled, and roll out to meet changing business needs
Align your Workforce
Increase sales line of sight to corporate strategy to increase sales
Manage administrative costs and gain visibility into variable pay-outs.
Supports corporate governance initiatives.
QuickBooks Incentive Sales Compensation module calculates sales
commissions, tracks actual invoices and payments and ensures sales reps are paid to right commission. Also,
synchronises desktop data in-minutes and leverages an online incentive dashboard to check credits and verify
pay-outs. The QuickBooks crediting and calculating engine creates sales incentive plans, runs commission plans,
view incentive dashboard and generates commission reports.
Sophisticated Commission Rules: The commission can be
calculated based on a linear scale, a marginal scale, a target factor or no scale at all. While a linear scale uses the
total value of the order, the marginal scale allows portions of the order value to determine the payment. With the target
factor, a linear scale is used to set a single schedule to allot a percentage.
Set up for Split Commissions: Enables to determine the payout
for each team member and split commissions between multiple sales individual involved in the transaction based on their
contribution percentage in the sale.
Adaptable Commission Approval Processes: Ability to provide
manual rides during the commission approval process, credit or debit towards the next pay cycle to handle the over
and underpayments, and start of commission calculations after the approval of sales order all make the commission
approval process flexible and adaptable.
About Vast Edge- Simplified Cloud Solution
Vast Edge is a leading IT Consulting Company and offers
Business Intelligence, big data analytics, cloud ERP, IoT platform, enterprise backup and disaster
recovery, Blockchain, AI/ML, and Integration solutions. Since 2004, Vast Edge has been providing
Oracle consulting services and has assisted 70+ customers to successfully migrate to Oracle cloud
till date. Vast Edge has immense knowledge of Oracle Storage Solutions, Oracle SaaS, PaaS, and IaaS
products with 100+ Trained Engineers and 40+ Oracle Certified experts to make your cloud journey smooth
Contact our Cloud experts for Free assessment and Free POC.