Xoxoday Compass, the powerful incentive compensation management software helps banking enterprises to easily motivate and engage their sales teams.
Xoxoday Compass helps simplify sales compensation plans by easily integrating with a Spreadsheet, CRM, ERP, or DMS of your choice.
Our no-code components adapt to your business needs and help calculate millions of records on a daily or ongoing basis effortlessly.
Easy-to-read dashboards that visually display user’s completed sales, commissions earned, and leaderboard ranking.
Many existing incentive compensation management systems may not be able to adapt to an banking enterprise's changing needs and goals, making it difficult to stay competitive and drive growth
Incentive compensation systems may not be able to integrate with other systems used by the banking enterprise, such as CRM or ERP, making data sharing and analysis more difficult.
Collecting and analysing data to track and measure performance can be challenging for banking enterprises with many sales representatives.
Incentive plans for banking enterprises must be perceived as fair to be effective. This can be difficult to achieve if employees have different experience levels, skills, or responsibilities.
For large banking enterprises with multiple sales channels and products, it can be difficult to create accurate models and forecasts to predict the impact of different incentive plans.
Incentive plans for banking enterprises can be complex to administer and often require a lot of time and effort to manage
Incentive plans for enterprises require a significant budget, which may pressure the company to cut other expenses or make changes to the plan when it does not seem feasible to continue.
Incentive compensation plans for enterprises must comply with various legal and regulatory requirements, which can be complex and time-consuming.
With Xoxoday Compass, you don't have to carry out complex and time-intensive programs. Xoxoday Compass helps enterprises to manage their sales compensation plans effectively. The software allows for:
Save time and eliminate the hassle of calculating complex sales incentives without errors - no coding or spreadsheets required.
Define sales targets and automate incentive disbursals based on achievements, either one-time or recurring, without any errors or delays.
Ignite the competitive spirit of your sales team by enabling them to see how they fare against their peers through leaderboards, level maps, live scores, and earnings.
Keep the game going without interrupting the workflow. Integrate with existing tools to automate the sales process and resolve any hiccups with round-the-clock support.
Powerful, real-time insights along with predictive analytics help you plan better, across teams and the organization.
“ Such a customer friendly team and best professionals to take care of our business requirements. I believe that your strength is your team members and their passion for work. Keep up the good work guys, it’s time for me to move on with my career, but wherever I go, if given an opportunity, I would recommend Compass along with this efficient team. I wish you all success. ”
“ The engagement tool is extremely comprehensive for managing rewards, incentives and loyalty programs. It is simple to implement across departments/ functions and highly intuitive for users across the spectrum be it a senior sales professional or a front-line delivery executive. ”
“ Compass helped in increase the happiness quotient of our salespeople resulting in better productivity and therefore the ROI that we as a company get on the product is significant. Digitization of rewards and instant gratification are critical as far as the sales department is concerned and Compass is catering the same. ”