Versata® Announces Commission On-Demand(TM) Solutions for Enterprise Incentive Management


Versata's On-Demand Solutions Provide the Most Robust Incentive Management at the Lowest Possible Total Cost of Ownership

AUSTIN, Texas, Feb. 14 // -- Versata Enterprises, Inc., the leading provider of enterprise software solutions with the lowest total cost of ownership, today unveiled Versata Commission On-Demand, a set of hosted software solutions that combine Versata's industry-leading incentive management software with the low cost and convenience of hosted, fully managed services. Versata's announcement delivers SaaS (Software as a Service) Incentive Management solutions to both large and mid-sized companies, with the option to subscribe to a solution fully hosted by Versata or to leverage the newly introduced integration available on salesforce.com's AppExchange (see concurrent release "Versata Commission On-Demand Solution for Enterprise Incentive Management Now Available on Salesforce.com's AppExchange").

"Versata's patented Compensation Solutions have delivered high return on investment to the world's largest organizations, and now we have the opportunity to re-double their returns," said Frank Kopas, vice president of sales at Versata. "Versata Commission On-Demand provides the implementation flexibility that companies of every size need -- with the lowest cost of ownership that they demand. We're excited to offer Versata's solution to the Global 2000 companies through Versata's proven SaaS methodology."

Versata Commission On-Demand

For over a decade, Versata Commission has provided organizations with the ability to align sales channels with strategic business objectives, increasing revenue and decreasing administration costs. Now Versata Commission On-Demand extends that capability from on-premises to hosted installation, making it even easier to deploy leading edge compensation management across all sales channels. In addition, Versata Commission On-Demand provides:

o the most scalable compensation solution in the industry, capable of
processing millions of transactions per hour against the most complex
compensation plans
o industry-specific incentive management functionality to increase value
and decrease implementation time in industries such as retail and
financial services
o easy-to-use, common language rules management that allows business
users to select from an extensive list of pre-existing compensation
rules or define customized rules, then extend compensation plans
directly to sales channels, without IT support
o exemption case functionality that is specifically targeted at allowing
exceptions to be handled quickly and easily, removing additional setup
and maintenance costs
o compliance to SAS 70 Type II: we have met the requirements set by the
internationally recognized auditing standard for sufficiently
protecting client data and assets from theft, corruption or
mishandling.

Unprecedented Cost Savings

Versata's SaaS methodology and established, offshore consulting practice deliver undisputed cost savings that no other software company in the industry delivers today. Through its use of a complete open source software stack with no third party licensing or support costs, the Versata solution can provide incredible performance with unparalleled savings. In addition to the hardware and software savings, the high quality, low cost professional services support provided by Versata's offshore consulting team dramatically reduces the cost of any customization support clients need. Versata's total solution provides proven, patented technology through the most cost effective delivery and implementation, ensuring the lowest possible total cost of ownership.

Versata Commission On-Demand is available now. For more information, visit versata.com.

About Versata

The Versata Enterprises, Inc. family of companies is the leading provider of enterprise software solutions that deliver business results, performance, and scalability with a low total cost of ownership. Versata's patented solutions decrease IT costs by eliminating expensive maintenance, by leveraging open source technology, and by accelerating value delivery to business customers. Versata partners with corporate IT departments to enhance and simplify critical operations in the automotive, financial services, consumer/public, government, and manufacturing industries. For more information, visit versata.com.

Source: Versata Enterprises, Inc.

Web site: versata.com/

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