Accounting and Financial Software
Centive Announces Spring 2006 Release of Centive Compel(TM)
Key Enhancements Include Sales Performance Analytics, Global Deployments and Tighter Integration with salesforce.com
BURLINGTON, Mass., May 24 -- Centive, the leader in on-demand sales compensation management, today announced the Spring 2006 release of its flagship multi-tenant, on-demand solution -- Centive Compel(TM). This latest release of Compel is designed to better support global business operations, improve sales performance management and enable more sophisticated plan logic and more efficient plan administration. In addition, Compel now enables salesforce.com customers to deploy Compel within their salesforce.com implementation via the AppExchange on-demand platform.
"The Spring 2006 release of Compel demonstrates not only the wealth of domain expertise and innovative vision that Centive brings to the table, but also our deep commitment to include our customers in developing and refining the Compel product roadmap," states Mike Torto, CEO of Centive. "By any measure, Centive is the clear leader in the on-demand sales compensation market. We intend to maintain that position through a combination of quality products and unmatched customer service."
In addition to numerous usability and plan support enhancements, the Spring 2006 release of Compel provides enhanced dashboard analytics for sales managers and executives to enable them to better manage their teams. Sales executives can instantly view modeled versus actual performance across any number of plans and measures and drill down to transaction level detail to further analyze performance at the individual or team level.
To augment global business operations, Centive Compel offers enhanced multi-currency capabilities including flexible currency conversion and the ability to automatically convert transaction currencies into the base currency of the company or individual business unit at the time transactions are being uploaded. Compel now supports over 75 of the most frequently used global currencies and presents them to users on dashboards and in reports with the appropriate symbols and formatting.
About Compel
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 commission and bonus payments; it also provides the real-time visibility, flexibility and scalability organizations need to leverage sales compensation as a strategic sales performance management tool. In addition, Compel features integration with salesforce.com and other CRM systems to enable sales reps and managers to forecast compensation based on opportunities within their pipeline. This integration provides Centive's customers with full automation of the sales lifecycle -- From Prospect to Paycheck(TM) -- to ensure that sales reps stay focused, aligned and motivated to close the right business.
Centive Compel was recently awarded a 2006 CRM Excellence award from Customer Interaction Solutions Magazine, a 2006 CODiE award in the "Best Financial Software" category, and is a 2006 eWeek Excellence Award finalist in the "Business Relationship Management" category.
About Centive
Centive, headquartered in Burlington, MA, is the leader in on-demand sales compensation management. Companies use Centive Compel to accurately calculate commissions and bonuses and gain real-time visibility into sales performance metrics. As an on-demand subscription service, Compel is a cost-effective solution that allows executives to be strategic and sales reps to stay motivated and focused on selling.
To learn more about Centive, please visit www.centive.com/ or call 1-877-CENTIVE.
Compel and From Prospect to Paycheck are trademarks of Incentive Systems, Inc. Additional company and product names may be trademarks or registered trademarks of the individual companies.
CONTACT: Robert S. Conlin of Centive, +1-781-852-3503, bconlin@centive.com; or Michelle DeLuties of Kel & Partners, +1-508-497-0022 ext. 122, michelle@kelandpartners.com, for Centive
