Accounting and Financial Software
Centive Announces "Morementum(TM)" Program to Help Companies Get More Out of Their Sales Incentive Programs
BURLINGTON, Mass., Dec. 18 // -- Centive, the leader in on-demand strategic sales compensation management, today announced MoreMentum(TM), a program designed to help companies gain sales momentum by getting more out of their sales incentive programs. Under the MoreMentum program, Centive will provide new customers of their award-winning on-demand sales compensation management system, Compel(R), with free personalized American Express Incentive Services (AEIS) cards for use with spiff programs.
Under the MoreMentum program, customers will deploy Compel to automate their sales commission process and provide sales representatives and managers with real-time visibility into earnings and sales performance metrics. In addition, they can implement any number of spiff programs that pay out either cash rewards or automatically fund AEIS' prepaid cards. Centive will deliver branded, personalized cards to new customers that can be used to direct reward winners towards specific spending options to ensure the reward is memorable. The MoreMentum program is available to new customers through the end of February 2007.
In addition, Centive announced their own "More-Mentum" - a series of real world measurements that validate Centive's leadership position in the sales compensation market. Last month, leading companies like McData, UTStarcom, Flowserve, SPX and BBUP completed deployment of Compel. In addition, in Q4 alone 17 companies representing more than 3000 subscribers - including companies like IKON, ADIC, Knology, Cars.com and Wolters Kluwer - have selected Compel to automate their sales commission process.
To date, Centive Compel has been deployed by more CFOs and VPs of Sales than other on-demand sales compensation system. "Companies that leverage sales compensation as a strategic tool for driving sales performance have enormous potential to increase revenue," says Michael Torto, CEO of Centive. "Compel enables companies to centralize and automate all sales incentives, from commissions to bonuses to spiffs, in one affordable, easy to use system. Compel becomes a strategic tool that directly influences selling behaviors and focuses and motivates sales representatives to achieve and exceed sales quotas."
"Low risk, high-value SaaS-based solutions are clearly gaining momentum in the marketplace, says Dennis Pombriant, managing principal at Beagle Research Group, LLC. "This is particularly true with solutions in the sales and marketing arena. The on-demand model has empowered business process owners to find and deploy solutions like Compel that help drive efficiencies and productivity - without requiring the protracted technology evaluation practice that is common with traditional software applications."
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 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 www.centive.com or call 1-877-CENTIVE.
Compel and From Prospect to Paycheck are registered trademarks or trademarks of Centive, Inc. All other company or product names are or may be trademarks of their respective owners.
Source: Centive
CONTACT: Robert S. Conlin of Centive, +1-781-852-3503, or bconlin@centive.com
Web site: www.centive.com/
