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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.
Description
Xactly Objectives enhances employee engagement and motivates performance through its intuitive and user-friendly interface, which allows individuals to take a more active role in their goal-setting and gain greater visibility into their progress. By streamlining processes, it reduces the time required for tasks from several weeks down to mere hours, while performance scoring becomes a quick endeavor for both managers and employees, taking only minutes. The platform fosters alignment between employees and managers by establishing clearly defined, measurable, and mutually agreed-upon objectives. Furthermore, it enables administrators to provide finance departments with rapid and accurate estimates of projected payouts based on manager and representative forecasts, thereby enhancing the efficiency and precision of accruals. Organizations can significantly minimize the time allocated to management by objectives (MBO) and employee performance evaluation. With its automated features, deploying MBO plans becomes a swift and straightforward task, allowing customization to suit the unique requirements of each organization, while performance assessments can be completed in just a few minutes, enhancing overall productivity and effectiveness. In this way, Xactly Objectives not only streamlines processes but also cultivates an environment of accountability and performance excellence.
API Access
Has API
API Access
Has API
Integrations
Salesforce
Pricing Details
No price information available.
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
Xactly Corp
Founded
2005
Country
United States
Website
www.xactlycorp.com/products/commission-expense-accounting
Vendor Details
Company Name
Xactly
Founded
2005
Country
United States
Website
www.xactlycorp.com/products/xactly-objectives
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
Performance Management
360 Degree Feedback
Compensation Management
Custom Rating Scales
Customizable Templates
Individual Development Plans
On-going Performance Tracking
Peer Appraisals
Review Cycle Tracking
Self Service Portal
Self-Appraisals
Skills Assessments
Weighted Performance Measures