BLOG

Variable pay, which is also known as commission or incentive pay, is an added compensation that is given to an employee for working exceptionally hard and meeting objectives. Variable pay can be anything from monetary reward to company stock. In most organizations,...

What is a Commission in Business? In the business world, commission is a payment made to employees depending on the sales they make. A percentage of the sale's value is frequently used to calculate commission. The commission rate is related mainly to how difficult it...

Sales Commission A sales commission is the payment made to someone based on how much money they make. This is usually compensated as a percentage of sales, on top of a base wage. A greater amount of sales commission to base pay is meant to focus salespeople's...

What is a SPIFF? A spiff, or Sales Performance Incentive Fund, is a type of cash incentive that motivates salespeople to promote a certain product or assortment of products. The word "bonus" is frequently substituted for this phrase. Vendors and employers frequently...

Due to some of the most prevalent sales compensation management challenges, for several firms, sales force effectiveness and productivity are lower than expected. As a result, businesses in various industries and at all degrees of operation are beginning to see the...

1. Sales Manager has to be a Leader Sales management sits in between representatives and executives (such as directors, executives, or even, leadership). Sales Management must serve as the point of contact between these two groups of people as part of your job. As a...

What are Sales Operations? The operations and techniques in sales companies that keep sales teams efficient and effective are referred to as sales operations. Sales Operations, in other words, refers to the actions and processes that enable a sales department to sell...

The Importance of Accurately Measuring Sales Performance The best indicator for consistently managing and delivering on your objectives is to measure and track your team's continuous performance. You can't risk losing sight of the jungle and just seeing tree branches....

What is Sales Performance Management? SPM is a data-driven method for analyzing, managing, and planning large-scale sales performance. The goal of sales performance management is to increase the efficiency and effectiveness of the team on the field. It is a collection...

Incentivate a no-code sales performance management, reporting & analytics platform is pleased to announce a partnership with a pioneer manufacturer of smart and energy-efficient home appliances. Incentivate is a full-featured no-code sales commission and incentive...

Incentivate Sales Commission Software Review Employees are prone to making mistakes, which will only harm the sales management. It's critical for a growing company to comprehend that individually tracking sales commissions can quickly become chaotic and unpleasant....

  RevOps i.e. Revenue Operations is a buzzword in the sales industry at the moment. Apart from being the most talked-about subject, it is seen that the roles including the word “Revenue” have been steadily increasing in recent years. However, what’s with this...

Incentivate a no-code sales performance management, reporting & analytics platform is pleased to announce a partnership with a leading insurance broking organization. As a part of this engagement, Incentivate will automate incentive schemes for 30,000 + insurance...

What is OTE? On-target earnings pertain to an individual's remuneration package, which includes a base salary and a variable component such as commission. It entails a deal between the employer and the employee that guarantees a certain amount of commission. It can...

What is a Sales Team? To begin, let's call a spade a spade: A sales team is evidently a group of people whose job it is to pitch a company's product or service to clients. A sales department's overall aim is to satisfy the company's growth goals in terms of product...

Incentivate is a full-featured no-code sales commission and incentive management solution suite with built-in IC intelligence and business workflow to automate commissions of in-house sales force & other channels. It supports clients of all sizes and industries....

The majority of the organizations globally are using excel spreadsheets in some form to manage their sales commissions and incentives programs. As the administration starts to become complex and the number of disputes increases, the first thought that comes to mind of...

Incentivate a no-code sales performance management, reporting & analytics platform is pleased to announce a partnership with a leading American commercial real estate company. Incentivate is a full-featured no-code sales commission and incentive management...

Incentivate; a no-code sales performance management, reporting & analytics platform is pleased to announce that Incentivate can now be integrated with Slack - a collaboration platform that enables employees to stay connected and productive across teams....