Software automates sales compensation process.December 13, 2006 -
Compel® Fall 2006 helps model and forecast commission expense, optimize plan effectiveness, and drive sales performance in one secure, centralized system. Product features custom reporting tool, executive analytics, and automated document workflow with plan approval. Other features include automated transaction approval/posting, analysis tool for crediting research and adjustment tracking, liability recovery, and option to perform advanced searches on transactions.
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Original Press release
Centive
3 Burlington Woods Dr.
Burlington, MA, 01803
USA
Centive Announces Fall 2006 Release of Compel®
Industry Leading On-Demand Sales Compensation Management Solution Delivers Powerful New Functionality
BURLINGTON, Mass., Nov. 28 -- Centive, the leader in on-demand strategic sales compensation management, today announced the Fall 2006 release of Compel®. Expanding upon its award-winning features, Centive's latest version of Compel includes exciting new functionality such as custom reporting, document workflow with automated plan approval and advanced operational enhancements.
"With four major releases over the past eighteen months and over 10,000 subscribers, Compel is mature, proven on-demand solution," says Michael Torto, president and CEO of Centive. "Compel's product maturity enables us to focus our development resources on value-add features to help executives gain additional strategic value from Compel while enabling organizations to drive sales performance and revenue. And, as a multi-tenant solution, this release is instantly available to all of our customers."
Centive Compel is an affordable, on-demand sales compensation management solution that automates the entire sales compensation process in one secure, centralized system. Compel goes beyond just calculating accurate sales commission and bonus payments; it also provides strategic value by enabling customers to model and forecast commission expense, optimize plan effectiveness, and drive sales performance and top-line revenue growth.
The Fall 2006 release of Compel offers powerful new features including a custom reporting tool -- Compel Report Builder, enhanced executive analytics and automated document workflow with plan approval. In addition, the release includes several operational enhancements, such as automated transaction approval and posting, an analysis tool for crediting research and adjustment tracking, additional functionality on subscription measures, enhanced liability recovery and a new option to perform advanced searches on transactions.
"Having just participated in Centive's customer advisory panel, we have been able to witness firsthand the company's forward-thinking approach to meeting customer requirements," says Tony Anderson, Sr. Director of Sales Operations at McDATA. "It is clear to me why more and more companies turn to Compel to automate their sales compensation management."
About Centive
Centive, headquartered in Burlington, MA, is the recognized leader in on- demand strategic sales compensation management. Companies use Centive Compel to accurately model and forecast commission costs, calculate commission and bonus earnings and gain real-time visibility into sales performance metrics. Compel is featured in the Gartner case study "On-Demand Sales Compensation Proves Its Value." In addition, Compel was awarded the 2006 CODiE award for "Best Financial Software," the 2006 CRM Excellence award from Customer Interaction Solutions, and is a 2006 eWeek Excellence Award finalist. To learn more about Centive, please visit http://www.centive.com/ or call 1-877-CENTIVE.
Contact:
Robert S. Conlin
Centive
781-852-3503
bconlin@centive.com
Source: Centive
Web site: http://www.centive.com/
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