On-Demand Software addresses sales compensation management.May 1, 2008 -
With capabilities for managing sales compensation in dynamically changing sales organizations, Xactly Incent v4.0 streamlines and deepens visibility into orders and incentive payments. It is used to design, manage, and audit sales compensation programs to specific business needs. Consolidated post-sales can also be leveraged across complementary applications, and users can track changes over time that impact incentive compensation calculations and reporting.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
Xactly Corp.
400 Race St.
San Jose, CA, 95126
USA
Xactly Introduces Incent 4.0 for Enhanced On-Demand Sales Compensation Management
Newest release streamlines workflows, ability to manage change, and user interface enhancements
SAN JOSE, Calif., April 28 -- Xactly Corporation, the leader in on-demand sales performance management, today announced a major new release of its flagship on-demand sales compensation management application, Xactly Incent. A 100-percent Software-as-Service (SaaS) solution, Xactly Incent 4.0 delivers enhancements that enable customers to optimize their sales incentive compensation programs even more easily and economically, including new capabilities for managing compensation in dynamically changing sales organizations, and streamlining and deepening sales-user visibility into orders and incentive payments.
The market's first on-demand sales compensation management solution, Xactly Incent is Xactly's centerpiece application in addressing the emerging Sales Performance Management (SPM) market. Companies use Xactly Incent to design, manage and audit sales compensation programs to their specific business needs. In automating sales compensation management, Xactly Incent consolidates valuable post-sales data that can also be leveraged across numerous complementary applications, including the newly announced Xactly Analytics application that addresses sales performance analysis needs of sales and finance management (see today's accompanying release).
"One of the great benefits of a multi-tenant SaaS application is the frequency with which it can be enhanced, enabling us to continually extend the flexibility and value that Xactly Incent customers enjoy," said Karen Steele, vice president of marketing, Xactly. "With Xactly 4.0, we have synthesized customer feedback across multiple industries to deliver new functionality for managing and tracking business change, accelerating workflows, and improving the end-user experience through enhanced high-level access to information coupled with rapid drill down to details."
New advantages from Xactly Incent 4.0 include:
-- Improved Sales User Experience. Xactly Incent 4.0 delivers important usability enhancements across the user interface, including new charting and graphing capabilities. It also delivers a new sales incentive dashboard that provides users with high-level graphical access to information, with the ability to quickly access incentive and order details. New team reports, meanwhile, are designed to enhance privacy and security.
-- Managing Business Change with People Effective Dating. Effective dating is the ability to track changes over time that impact incentive compensation calculations and reporting. In this case, Xactly Incent 4.0 enables easier, much less time-intensive management, auditing and reporting of personnel-related issues, such as name changes as well as salary, target and bonus changes that affect compensation processing. Multiple versions of the same person can be created to reflect their status at various points in time.
-- Managing Organizational Change with Hierarchy and Named Relationship Effective Dating. Xactly Incent 4.0 extends effective dating to the organizational realm with hierarchy and named relationship effective dating, for tracking changes to assignments and relationships due to restructuring, expansion and acquisition. Again, multiple versions of individuals can be created for accurate tracking over time, with visibility increased into historic changes.
-- Greater Administrator Efficiency. Xactly 4.0 features advanced search capabilities, which reduce the time required to access specific information. A new "where used" function quickly and automatically shows how objects, such as effective dating objects (title change, named relationship change, etc.), relate to other items, thus eliminating manual relationship tracking.
Availability
Xactly Incent 4.0 is scheduled for general availability in early June.
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales performance management. The company's flagship product, Xactly Incent, enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly solutions automate the process of aggregating data from disparate systems into a secure, hosted repository, and enable companies to leverage this business data, which is the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance, and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals across a variety of industries, ranging from SMBs to large enterprises. For more information, visit http://www.xactlycorp.com/ or call 1-866-GO-XACTLY.
(C) 2008 Xactly Corporation. All rights reserved. Xactly, Xactly Incent, Xactly Rewards, and "Incent right. Sell more." are trademarks or registered trademarks of Xactly Corporation.
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