Paying your salespeople
Staff -- Industrial Distribution, 11/1/2005
Centive, an on-demand sales compensation management provider, released its newest on-demand sales compensation management software, called Centive Compel. The program integrates with the Web site, salesforce.com, to enable sales reps and managers to forecast compensation based on opportunities within salesforce.com's CRM system. Also available, Compel is supported by Centive's "Live in 55 Days" guarantee, which enables organizations to "go live" with their new sales compensation management system in time for 2006, or the implementation is free.
"The Fall release of Compel is extremely feature-rich, yet maintains our core philosophy of being easy to set-up, easy to learn, and easy to use," said Michael Torto, president and CEO of Centive. "And, our integration with salesforce.com provides companies with full automation of the 'prospect to paycheck' lifecycle to support better forecasting and improved sales performance."
According to the company, Centive Compel automates all sales compensation in one centralized system that provides the accuracy, flexibility and IT-independence lacking in home-grown and Excel-based sales compensation systems. In addition, Compel provides a complete audit trail of all changes made to plans and data, as well as security and process controls.
Compel supports direct integration with salesforce.com to motivate sales reps by calculating "what-if" opportunity-based commissions—dollars earned by closing specific opportunities in salesforce.com. Opportunity-based commission earnings are displayed within each user's secure, at-a-glance dashboard, next to the actual to-date commission earnings information.
Centive's "Live in 55 Days" guarantee promises executives a new, centralized sales compensation system in place before 2006, that provides the control needed by them to drive performance and manage revenue and margin projections in real-time.














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