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Description
You often find yourself dedicating excessive time to manually compute quotas and commissions using intricate spreadsheets, often long after the deals have been finalized, leading to frustration among sales representatives who are tired of waiting for slow reports and having to verify the outcomes themselves. Imagine the impact on your organization if this tedious manual process was automated, allowing commissions data to be delivered directly to the sales team in less than a day. What transformative effects could this have on your operations? By implementing a straightforward single-sign-on solution that integrates seamlessly with your Salesforce data, you could eliminate many of these challenges. This system would be designed to evolve in tandem with your business's growth, accommodating features like multi-currency capabilities and compliance with ASC 606 accounting standards. Additionally, it would provide ongoing operational support, ensuring a partnership that extends well beyond just the initial setup and onboarding phases. Ultimately, this shift could lead to increased efficiency and satisfaction within your sales team.
Description
An all-encompassing solution for managing commission expenses that guarantees adherence to the most recent ASC 606 and IFRS 15 regulations. This system automates adjustments for true-up changes resulting from various contract events, such as modifications to contracts, changes in employee status, or customer cancellations. Furthermore, it automatically triggers impairments for any alterations, including adjustments to start dates or modifications in the benefit period. With a comprehensive perspective on the entire lifecycle of commission expenses, users can access an extensive library of automated reports and dashboards, which feature amortization schedules, profitability analyses, accounting model comparisons, and summarized roll forwards by group. Xactly CEA offers a thorough, end-to-end solution that streamlines compliance with ASC 606, accommodating both full and modified retrospective methods. It integrates smoothly with existing organizational systems, including CRM, HRIS, CLM, and CPQ platforms. Additionally, Xactly CEA efficiently manages multiple accounting books and works seamlessly with all downstream accounting ledgers. This ensures that organizations maintain a clear and accurate record of their commission expenditures throughout their financial reporting processes.
API Access
Has API
API Access
Has API
Integrations
Salesforce
Pricing Details
Free
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
Concert Finance
Founded
2017
Country
United States
Website
concertfinance.com
Vendor Details
Company Name
Xactly Corp
Founded
2005
Country
United States
Website
www.xactlycorp.com/products/commission-expense-accounting
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