Xoxoday Compass, our holistic Sales Commission Automation Software, is designed to streamline and optimize your sales incentive compensation processes and help your sales team reach their full potential.
With Compass, you can:
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.
In order to automate incentives, banking enterprises need accurate data on employee or customer behavior. If this data is not available or is difficult to access, automation becomes difficult.
Enterprises often have multiple incentive plans that are tailored to different groups of employees or customers, which can make automation difficult.
Lack of Flexibility
Enterprises may find that their automated sales incentives program is not flexible enough to adapt to changing market conditions or business needs.
Automated systems may not provide managers with the necessary visibility to track sales performance or identify performance trends.
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.
Resistance to Change
Automating incentives can be disruptive to existing processes and may be met with resistance from employees or customers.
Integration with other systems
Some banking enterprises may struggle to integrate their Sales Commission Automation system with other systems, such as CRM, ERP, and accounting systems.
Security and privacy concerns
Automating incentives must be done in compliance with relevant laws and regulations, which can be difficult to navigate.
With Xoxoday Compass, you don't have to carry out complex and time-intensive programs. Xoxoday Compass helps banking 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. ”
Running sales incentives on spreadsheets is a pain. They are prone to errors, labor intensive, incapable of scaling easily, and have accounting and payroll barriers resulting in delayed payout disbursement and thereby demotivating employees.
But you don’t need to worry anymore. With Xoxoday Compass, you can: