Sales Performance Management Software manages incentive compensation.August 11, 2010 -
Varicent v7 provides visual approach to managing complex and demanding incentive compensation needs. It allows organizations to reuse logic and processes across roles, plans, and divisions of enterprise. Featuring business modeling and scenario management, program also allows users to perform what if analysis based on multiple variables including commission structures, organizational hierarchies, and sales levels.
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Original Press release
Varicent Software
124 Merton Street
Toronto, , M4S 2Z2
Canada
Varicent Announces Latest Release of Incentive Compensation & Sales Performance Management Solution
Varicent 7 enables organizations to manage increasingly complex compensation processes and significantly reduce implementation time and effort
Scottsdale, AZ - Varicent Software, an innovator and global leader in providing Incentive Compensation and Sales Performance Management solutions, today announced the latest release of their flagship product Varicent 7.
"Varicent 7 is targeted at helping organizations deal with the barrage of changing requirements and expectations for incentive compensation systems" said Marc Altshuller, Executive Vice President, Worldwide Field Operations, Varicent. "Our customers deal with complex requirements, more volatility and have less time and resources than ever before. Varicent 7 enables our customers to take a new approach to tackling these challenges."
Varicent 7 enables organizations to:
Easily manage increasingly complex compensation needs
An innovative new visual approach to managing increasingly complex and demanding incentive compensation needs. Varicent 7 allows organizations to easily reuse logic and processes across roles, plans and divisions of an enterprise. Customers can also easily obtain an overall view of compensation plans along with their key inputs and outputs.
Significantly reduce implementation time and effort
Leverage best practices and significantly reduce the amount of effort required to implement common processes used in deploying a sales performance management solution.
Perform enhanced business modeling and scenario management
Quickly perform what if analysis based on a multitude of variables including commission structures, organizational hierarchies, sales levels and more.
Benefit from the continued delivery of customer requested enhancements
Including performance, scalability, user interface, and reporting enhancements.
Varicent 7 is being announced at INSIGHT10, the annual user conference for Varicent clients and partners, this year being held in Scottsdale, Arizona. Varicent 7 will be generally available in June 2010.
About Varicent Software Incorporated
Varicent Software Incorporated is an innovative software solutions provider delivering measurable improvements to its clients businesses through its industry-leading sales performance management solution Varicent SPM. Varicent's customers are high-performing companies representing a variety of industries and include Waste Management, Convoy Financial Group, Sherwin-Williams, Manpower, Getty Images, Starwood Hotels, Sun Hung Kai Financial, and many others. For more information, please visit www.varicent.com.
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