Solutions for Compensation Accuracy
Incentive compensation represents a significant line item in the budget - as high as 10% of total revenue. Finance staff and ultimately the CFO are responsible for accurately accounting for incentive compensation costs. The recent changes in corporate governance dictate that organizations accurately and properly account for payments made to individuals based on transactions.
"Callidus TrueComp Enterprise has enabled our company to work more efficiently, have more coverage with less resources, and increase sales team satisfaction with available reporting."
— Sr. Sales Incentive Manager,
Large Multinational Telecommunications Customer
- Is your organization compensating accurately?
Callidus provides a proven rules-based system to ensure appropriate people are compensated for a given transaction. It provides complete visibility into the number of people getting paid, and how much they're getting paid — and also helps prevent overpayments, which can be as high as three percent of the total payout.
- Is your organization faced with high sales force turnover?
Callidus empowers sales teams to compute accurate compensation payout, thus building trust with the sales force. With Callidus, organizations can reduce time spent on "shadow accounting" and lower the number of pay disputes.
- Are you forecasting your compensation expenses accurately?
Actual compensation expense can vary drastically from budgets and forecasts, impacting earnings per share and stock price. Callidus provides companies with data and tools required to effectively model incentive compensation for planning, budgeting, and forecasting — allowing them to run various "what-if" scenarios for side-by-side comparison of potential plan changes.
How does Callidus bring payment accuracy to your sales organization? When it comes to compensation calculations, visibility, accuracy and transparency are key requirements — to the people being paid, as well as the companies that are paying. In addition, now that new legislation also requires unprecedented transparency for corporate financial records, this visibility is crucial. Callidus helps compute compensation accurately, and establishes tight process control over incentive compensation. The result: greater channel sales force loyalty, and increased morale for the direct sales force.