Global open-source software solutions provider improves operational efficiency
Dive into the transformation journey of a global open source software provider in Asia Pacific, grappling with outdated sales performance management systems. Explore the challenges, witness the strategic overhaul, and discover the remarkable outcomes that slashed processing times, enhanced transparency, and empowered sales reps for unparalleled success. Scroll down to witness the triumphant resolution of a complex puzzle where technology meets strategic agility.
IT Services
USA
Software solutions provider
Situation
A global open source operating software provider, managing over 1,000 sales reps in Asia Pacific, has been using legacy sales performance management applications for processing incentives.
Lack of flexibility in the application led to an increase in offline data management using spreadsheets.
This resulted in sequential operations doubling the turnaround time, affecting the incentive processing and payouts.
Furthermore, managing operations in this manner resulted in lack of system available-time for changing or improving existing incentive policies or incentive reports for the field.
From Our Clients
Every other platform needed us to change the way we managed data. Incentivate provided us flexibility without any compromise along with being the most cost-effective platform that has eliminated our incentives woes.
Approach
The low hanging fruits were attacked first, and while doing so operational steps associated with them were automated to save as much time as possible.
Upstream, all the data inputs were collated and a unified structure was created, which helped organize the data ingestion process.
Downstream, rep reports were updated to be more visual, which helped increase visibility and transparency. This further reduced the number of queries, which increased the time in hand to focus on bigger issues.
Architecture was revised to separate out historical data. This helped reduce the processing time of the current period and also made data retrieval quicker.
Batches were created and scheduled to run overnight, when the system was accessed the least.
Conclusion
The global open-source software provider significantly enhanced its operational efficiency by adopting Incentivate's solutions. This transformation reduced processing times by more than 50%, improved data accuracy, and streamlined incentive management. By optimizing the architecture and implementing visual, user-friendly reports, the company reduced the number of queries from sales representatives and empowered its sales team with better insights. The system's ability to handle discrete processing and multiple user access simultaneously further bolst
Problem
Computed incentives in the existing solution lacked a maker-checker functionality, requiring manual validations which significantly increased operational overheads.
Furthermore, this still did not guarantee accuracy in reps’ payouts due to prevalent human errors. Inaccurate payouts and lack of clarity in calculation resulted in an increased number of queries coming in from the field after the release of incentive statements.
Sales reps frequently struggled to read their own incentive statements as they were not updated to be inline with plan changes.
Operationally, it was tough to troubleshoot as the architecture did not support data isolation. This led to difficulties in tracing back differences in the payouts.
System lacked the ability to have discrete processing which meant even a minor change needed a full run of the system, almost taking 8-9 hours. It slowed down the testing process and increased redundant tasks to be done offline.
Lastly, only one user could run the system at a time, which meant the rest of the users handling different parts of the sales performance management function had to take turns, leading to an increase in operations time.
Solution
Issues across all the functional areas within sales performance management division were identified
Stakeholders for all these areas were asked to prioritize their issues in terms of criticality and need to resolve on a scale of 1 to 5
Issues on either side of score 3 were separated out and clubbed
As next step, interdependencies within the function and across the function were identified to accordingly plan an agile delivery cycle
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Outcome
Operations today are executed in less than 50% of what it took before the above changes in data accuracy.
Optimized architecture helped create and maintain a streamlined flow of information. This resulted in reduction as well as troubleshooting of error root causes.
Revised reports gave better insights to reps reducing the number of queries raised asking for an explanation of the details of each component.
Waiting time for analysts has reduced by over two-thirds and they can now evaluate the effect of the changes they made and analyze if the incentive payouts are as expected.