Vodafone Egypt Selects Callidus Software Truecomp Enterprise Software Solution for Sales Performance Management |
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Callidus Software Inc.
160 West Santa Clara Street
San Jose, CA, 95113
USA
Press release date: May 8, 2007
LONDON, May 8 / - Leading Egyptian Mobile Telecommunications Company Standardises on Callidus Enterprise Incentive Management Platform
Callidus Software, the leader in Sales Performance Management (SPM) software, today announced that Vodafone Egypt, a subsidiary of Vodafone Group Plc, selected Callidus Software's industry-leading TrueComp® enterprise software solution to manage incentive compensation programs for its dealers, agents and sales personnel in Egypt. Under the agreement, signed in the first quarter of 2007, Vodafone Egypt will use Callidus' TrueComp® SPM software modules (TrueComp® Manager, TrueInformation®, TrueResolution® and TrueAnalytics(TM)) to optimise performance of its enterprise and distribution channels, and expects to align sales with corporate objectives and maximise revenue and profitability.
Vodafone Egypt represents the fifth Vodafone operating company to become a Callidus customer. Callidus TrueComp SPM software will standardise incentive compensation and sales performance management practices for thousands of payees in Vodafone Egypt's channels, representing more than 90% of Vodafone Egypt's total revenue. TrueComp software will keep teams aligned with business objectives, help drive revenue, and optimise profitability. Vodafone Egypt will experience the advantages of TrueComp software, which substitutes costly and time-consuming efforts around sales force and compensation management, with the automation afforded by the industry's leading SPM software solution.
"Callidus Software was Vodafone's choice to enhance our compensation system, enable modeling and forecasting, and increase flexibility for the implementation of incentives across our sales channels," said Richard Daly, Chief Commercial Officer of Vodafone Egypt.
"We are pleased that Vodafone Egypt joins our list of existing Vodafone customers and partners as the company moves forward with standardising on Callidus' TrueComp solution," said Leslie Stretch, senior vice president of worldwide sales at Callidus Software. "Vodafone Egypt recognises the significant strategic advantage they gain in a fiercely competitive environment by aligning sales with corporate strategy through the industry's leading SPM solutions."
Callidus' SPM software solutions deliver a high ROI in a very short period of time by allowing sales executives to make better incentive decisions, providing timely visibility into channel operations, and giving them the flexibility to rapidly deploy new sales and distribution strategies and tactics.
About Callidus Software®
Callidus Software (www.callidussoftware.com, Nasdaq: CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across multiple industries. Callidus' products allow enterprises to strategically manage incentive compensation, establish quota targets, and align territories, resulting in improved sales and distribution performance. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia.
About Vodafone Egypt
Vodafone Egypt provides a full range of communication services, including voice and data, all across Egypt. Since its inception in 1998, the company has drawn on the global strength of Vodafone Group as well as its own in-house research and development of innovative products tailored specifically for the Egyptian mobile market.
Vodafone Egypt now boasts a team of more than 3000 employees serving more than 8.7 million customers (Dec. 2006) nationwide. The company's success is anchored on the superiority of its network, excellence in customer service, leadership in the innovation of new products and, most of all, a focused growth strategy. Vodafone Egypt offers roaming services through agreements with more than 380 partners from more than 140 countries.
Source: Callidus Software Inc.
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