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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 launches Snowflake integration to seamlessly read and write data from and to your Snowflake instance.
Many of our prospects and customers have logically stored most of their HR, customer, sales and marketing data in their Snowflake data warehouse instances and these key inputs can now be seamlessly ingested into Incentivate. The key inputs for incentives can be ingested directly from the customers' Snowflake data warehouse and be used in calculations. The calculated incentives and other results can be written back into snowflake for record and history purposes. The other advantage is Incentivate can now also ingest non-incentive related data for display on sales rep, agent or executive dashboards to provide an all-round view of performance.
Along with our no-code incentive plan builder, this forms a powerful combination to perform incentive calculations within Incentivate but logically store all data generated by the organization in your Snowflake Data Warehouse so as to prevent data silos. Several data preprocessing steps that are critical to incentives but are also required for non-incentive activities can now be performed in Incentivate and updated back in Snowflake for use in those other activities.
To learn more about our features, click the link below: