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A commission tracking software basically automates the commission calculation, monitoring every compensation process. The sales department of every company takes advantage of this. Since is common practice to use commissions to stimulate employees and because of this generate more income.
Calculating each sale’s compensation can often be a dull and boring task with lots of possibilities for human error. Reduce the stress caused by this and just use a commission tracking software. Not only will automate the work, but will also keep an eye on every commission and their management.
The following is a list of commission tracking software available. Here you will most certainly find the tool that is best suited for your needs or the needs of your company.
CallidusCloud can greatly improve your processes by automating commission tracking, calculation and payment. Also offering automatic sales and boarding training for all your employees. Connect with their cloud service and boost your sales through their incentives program.
Quickly resolve any dispute with traceability features, workflow and complete audit trails.
Pay accurate fees on any trigger for proven integration with the leading CRM, ERP and HR systems in real time.
Create and maintain complex designs, accelerators, draws and much more. All done without coding.
Powerful and clear dashboard so you can manage, track and generate reports based on the workflow.
The fee for their services starts from 90$ per month. For more information about their features and plans, please visit their website.
Providing a smart way to manage and monitor your sales commissions. Offering an SaaS-based tracking software. Mostly destined for salespeople, this software implements the best methods to increase your sales force and reduce the cost of incentive management. It offers a variety of software packages for different sized teams.
Comprises with a possibility calculator that helps sellers calculate their possible income based on commissions.
Option of “FAQ” for sales personnel.
Options for territory management that allows sales managers to update clients and sales areas easily by geography.
Generates reports to be compared against different sales teams.
The pricing plan starts from 20$ per month. For more information on their services, features and plans do visit their website.
Providing a robust sales management solution that helps business increase performance, control and mobility. Offers a strong incentive compensation engine that supports companies to evolve and adapt to the current market. Easy to generate and access reports, the dashboard allows the visualization, analysis and modeling of the incentive compensation system in real time. With support for iOS and Android mobile apps, this service is very complete.
Provides Big Data benchmarking to help increase your sales and improve all performers.
High visibility for commission data on functional, mobile and real-time terms.
Integrate different data sources much needed to make sure you get a timely and accurate management of incentives.
Deliver timely and error-free compensation payments.
Estimate commissions easily by using its commission estimator.
Supports multiple types of currency.
To know the pricing and list of full features available using this software please make sure to visit their website.
We have properly discussed what we consider to be the very best commission tracking software. Now its up to you to choose the best suited for your needs and the needs of your company.
Do understand that these tools can help your business improve in many ways. However, despite automatizing the work doesn’t always mean no work at all. Using these services is a way to keep a better workflow and focus on what’s important about your sales and income, leaving the tracking and incentives program to the software presented here.