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Description
CommissionCalc automates the calculation of commissions and rebates, significantly reducing time spent on these tasks, minimizing errors, and enhancing the motivation of sales personnel. It can cut down the time that the Accounting Department dedicates to commission calculations by as much as 90%. Moreover, it reduces the hours that salespeople and their managers invest in "shadow accounting," which involves validating their commissions instead of focusing on sales. The manual calculation of complex commissions typically carries an error rate ranging from 2% to 5%, and these unaddressed mistakes often lead to overpayments, as those receiving commissions tend to identify underpayment issues more readily. While companies often adopt CommissionCalc to save time, they frequently discover that the increase in accuracy brings even greater benefits. Ultimately, the primary goal of commissions is to incentivize sales, which requires that recipients promptly see their rewards, receive clear reports, and trust the payment's correctness. By addressing these needs, CommissionCalc not only streamlines the process but also fosters a more productive sales environment.
Description
Since 1985, we have focused our expertise on enhancing both productivity and profitability for businesses by effectively designing and managing incentive programs that leverage lean principles in sales and compensation. Our software dedicated to sales force compensation management is utilized to oversee the compensation of over 70,000 sales professionals around the globe. You can effortlessly create various compensation plans, conduct analyses on their impacts, and implement them for your sales team. Our precision stands at an impressive $100 for every $1,000,000, reflecting a Six Sigma level of accuracy, eliminating uncertainties in your compensation strategies. Define your commission structures in just minutes, input competitor offerings, and effortlessly generate comparative graphs. This enables you to demonstrate to potential recruits that while another company's plan may seem appealing, it may not be as beneficial as it appears. You can confidently recruit or retain talent at any time! By integrating the Lean Six Sigma Process, you can connect every member of your organization, fostering seamless collaboration across all departments. Our methodology is rooted in the sales force, ensuring that improvements begin where they matter most. Ultimately, our goal is to empower organizations to thrive with well-informed and strategically aligned compensation plans.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$2500.00/one-time
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Flaum Technologies
Founded
1987
Country
United States
Website
www.commissioncalc.com/commissioncalc.html
Vendor Details
Company Name
CompensationMaster
Website
www.compensationmaster.com
Product Features
Commission
Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions
Product Features
Commission
Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning
Sales Performance Management
Incentive Compensation Management (ICM)
Predictive Sales Analytics
Quota Management
Reporting / Analytics
Sales Coaching Analysis
Sales Gamification
Sales Performance Tracking
Sales Planning & Forecasting
Territory Management