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Effortlessly manage DSA sales commissions in NBFCs with automation. Simplify unique plans, ensure GST compliance, automate invoices, and integrate systems for accurate, transparent, and efficient financial processes.
Delayed or miscalculated incentives in the BFSI industry can lead to a domino effect—damaging morale, causing retention risks, and low productivity. The blog explores strategies to prevent the domino effect by building a resilient, transparent incentive management system that keeps your team motivated and aligned with company goals.
LIC recently responded to new IRDAI guidelines mandating higher surrender values by reducing agent commission rates. Learn how Incentivate’s dynamic sales commission solution can support compliance, maintain agent motivation, and enhance customer retention.
AI-driven cross-functional integration aligns sales compensation with broader business goals, optimizing strategies by uniting teams and eliminating silos.
AI transforms traditional quota-setting into a dynamic, adaptive process, tailoring goals to sales professionals' strengths and market shifts.
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 management solution suite with built-in IC intelligence and business workflow to automate commissions for the in-house sales force and other channels. It supports clients of all sizes and industries.
The client has a unique way of tracking their performance. They measure the performance on 6 different parameters on a monthly basis by scoring the salesperson on a scale of 100. These scores are then used for semi-annual and annual performance reviews. Additionally, 2 parameters are used to measure the performance from a monthly incentive perspective. A combination of these mechanisms ensures tactical and strategic push across the organization. As per this engagement, the expectation from the client is to deliver.
While this collaboration will assist the Client in managing their complicated incentive structure, it would be an excellent addition to our portfolio in the consumer durables industry. Our team is happy to work with this client and to complete the project on time.
Incentivate is a no-code sales commission automation platform with integrated analytics and reporting features. It caters to a wide variety of industries, and its tools help automate different paid incentive roles. An experienced team featuring industry veterans of the sales performance management space handles implementations and delivers in as fast as 4 weeks.
Our team is excited and thrilled to be providing end-to-end Incentive Compensation Management services and continues to focus on the mission of improving the overall effectiveness of sales operations groups," stated Sumeet Shah, Chief Growth Officer of Incentivate. "We are proud of what we have achieved until now and look forward to continuing our relationships with our valued customers and clients with an unwavering commitment to focusing on increased productivity."