Commission Management Software
Incentmax is your Commission Management Software
This Sales Commission Software is a dedicated commission tracking software, which links your business goals with employee variable pay programs or commissions.
Features
Transparent, Motivating & Quick
Manager Access
Managers can check which quotas their Sales team is achieving and the sales commissions/Incentives/Bonuses they are getting in return. Managers can also view leader boards in real-time for the right interventions and zero error. It works as Sales Performance Management Software by giving access to the performance of the team without using any spreadsheets for better sales team performance management.
End to end calculations
Admins can create as many objectives/quotas to measure the behavior of employees/sales representative who need to be compensated. Combine them to create as many Commission plans as per the requirements through various rates and factors. Manage your team performance measures / KPIs in this Commission tracking software with various rates, complex pay-out scales, or weights for optimum effectiveness of your complex compensation plans.
Employee Access
Employee/sales reps can view the dashboards with a mobile interface & find how much money they lost by missing out on their quota attainment. This Sales commission software provides dashboards with real-time actionable insights available to increase sales reps’ focus. View applicable Sales Incentive Compensation Programs along with performance history and commission statements.
Simulation
Admins or Sales / HR leaders can simulate the pay-outs and do “what-if analysis” rather than asking for spreadsheets. Sales reps can simulate and learn what will be their commission in the future. This Sales commission software gives sales reps or admins real-time data view to drive performance-based culture while moving away from manual processes.
DIY Reporting
Report Builder as one of key feature, we can create any type of report on the go using our cloud-based solution for accurate business insights. No dependence on a third party to enable reports for your management decisions. Get real-time data on sales compensation program / commission plan, commission rules, and payments.
Territory & Vertical Management
Create territories and verticals for effective sales compensation programs along with hierarchy management. Helps in the segregation of the quotas and achievements inside your commission schemes. As key feature of this Commission Management Software, various commission structures can be created and executed for different teams.
Prepare For Your Business
Success With our Software
Incentmax
Commission/Incentive Management
Have an edge in the market
This sales commission software improves your organization’s sales effectiveness by linking performance levels to effective sales incentive plans which motivate your sales team / employees through transparency. This commission management software improves trust, accuracy and agility. Together they result in the positive psychology of your users. The organization has an easy view of sales compensation strategy.
Incentmax
Commission/Incentive Management
Bring best out of your team
Organizations using traditional spreadsheets and legacy software end up consuming too much time on calculation and maintaining the complex commission logic. It does not allow the right time access of insightful dashboards to sales reps and becomes a roadblock to sales success. A flexible sales commission software comes with process automation. The organizations can focus more on their sales activities instead of managing disputes over the commission.
Incentmax
Commission/Incentive Management
Why Choose Us?
Key Software Benefits
Improves sales performance of sales reps and efficiency in reaching sales quotas, while reducing human error.
Incentive compensation management Improves-sales-performance Ahead of the market in effective plan/program innovation, resulting in better business growth.
Sales reps will be motivated to do better numbers, helping in bringing 1-3% more revenue for the organization with maximum ROI.
Product Resources
How commission tracking software brings your business a very High ROI
We discuss the key areas where the commission tracking software gives an excellent ROI and motivates the sales rep's performance to hit the higher sale targets. A Commission management software automates your incentive compensation management with no dependency on excel sheets. Save your organization from unnecessary Incentive/ commission overpayment as managing sales commission on excel increases the chances of errors which can mess up the entire incentive compensation management inviting troubles.Gartner estimates an average 3% – 8% error rate in overpayment related to incentive compensation using manual systems such as spreadsheets.
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Incentive Compensation Management: 7 Best Practices
Incentive Compensation management is a critical part of a sales-driven business.For many years, these businesses have observed how introducing incentive compensation programs can motivate sales reps, hence more productivity and higher sales target achievement. Successful companies use compensation planning to its full potential and reward sales reps every effort in different sale cycle stages, from opportunity identification to closing.Sale is a complex activity, and a business must have multiple tactics and the best incentive compensation management practices to reach its true sales excellence potential. This article will discuss some well-practiced practices and the emerging ones.
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Incentive Compensation Management: 3 Things Sales Leaders Need to Know
Sales leaders often get into the dilemma that why their sales rep's productivity and overall sales numbers are not what they expected them to be even after putting their best sales Incentive programs in motion.Its all about Psychology. You get positive results once you follow the simple yet powerful psychological hacks to improve incentive plans and Incentive compensation management. Hence you have to rethink your incentive plans for optimal performance. In this article, Atmax handpicked three powerful tips for your business that will help you make the most out of your sales compensation program and strategy.
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Sales incentive compensation management: 7 Red Flags to Keep in Check
Businesses implementing sales Incentive Plans does it in basically two parts, the first is Planning or strategy & the second is the execution part. The former is about the what and why of any Incentive/commission plan, and the latter is more on the tactical part. Any red flags in any of the parts mentioned above may let down your business's overall Incentive compensation management, bringing down your sales reps' productivity. This article will cover the red flags in these two parts of any Incentive Plan; it's when any business should start brainstorming for any changes.
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Internal Legacy Tool vs cloud-based Sales commission software: What should you opt for?
Many businesses using the internal legacy tool for a long time get comfortable with it. Still, their legacy software often struggles to keep up with the evolving demand for Incentive compensation management.A minor change in feature set or while implementing a new incentive plan or strategy can be a very unmanageable & time-consuming activity.Here a cloud-based sales commission software can be a game-changer. This article will help understand the positive changes to your Incentive compensation management by introducing cloud-based sales commission software.
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How can you manage different Verticals/ Departments better with Sales Compensation Software?
Companies and brands have turned towards online platforms to generate more revenue and leads. But they have to parallelly take care of various other commercial aspects & their incentive compensation management to reach their revenue targets. Most Businesses have different verticals where the company meets a specific set of target market demands. In addition, companies can create narrow verticals/departments based on buyer categories. This article will deep dive into how your business different verticals or department is managed more effectively with Sales compensation software.
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