In the blog post, we will explore key governance levers you can use to enhance your program's efficiency and compliance.
Find out the signs that your incentive program has outgrown Excel and learn how transitioning to automated solutions like Incentivate can enhance accuracy, efficiency, and transparency in your sales commission management.
Learn essential sales compensation tips that align with business goals, motivate teams, and drive revenue growth for your organization.
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.
IRDAI's proposed elimination of upfront commissions for life insurance agents seeks to improve industry stability and customer service by evenly distributing commissions over the policy term.
Incentivate Announces Partnership with a Pioneer Manufacturer of Smart and Energy Saving Appliances
- Amit Jain
- Jul 04, 2022
- 4 min read
Introduction
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.
- Separate dashboards for Sales Reps to track their performance on all the metrics mentioned above.
- Manage their complex incentive structure & automate current manual sales calculations.
- Provide insights from their sales data which will motivate the sales reps to sell more.
- A platform that will assist sales representatives in remaining motivated while also feeling truthful about the incentives obtained.
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.
About Incentivate
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."
