Incentive compensation management software for fintech

Xoxoday Compass, the powerful incentive compensation management software helps fintech enterprises to easily motivate and engage their sales teams.

Robust platform
Stay flexible with your incentive programs at any scale.
Seamless integrations
with any local or cloud-based sales tech stack
Timely payouts
Payout workflows with a built-in rewards catalogue
G2
4.9 out of 5
Gartner
4.8 out of 5
Capterra
4 out of 5

Compass is trusted by renowned global brands

Enterprise-grade incentive compensation management software that gets you up and running in a few hours

Motivate your team to perform better by making each goal more rewarding to reach.

API-first platform

Xoxoday Compass helps simplify sales compensation plans by easily integrating with a Spreadsheet, CRM, ERP, or DMS of your choice.

Flexible and scalable

Our no-code components adapt to your business needs and help calculate millions of records on a daily or ongoing basis effortlessly.

Smart user interface

Easy-to-read dashboards that visually display user’s completed sales, commissions earned, and leaderboard ranking.

Common challenges faced by Fintech enterprises in incentive compensation management

Limited flexibility

Many existing incentive compensation management systems may not be able to adapt to a fintech enterprise's changing needs and goals, making it difficult to stay competitive and drive growth

Difficulty in integrating 

Incentive compensation systems may not be able to integrate with other systems used by the fintech enterprise, such as CRM or ERP, making data sharing and analysis more difficult.

Measuring performance accurately 

Collecting and analyzing data to track and measure performance can be challenging for fintech enterprises with many sales representatives.

Maintaining fairness

Incentive plans for fintech enterprises must be perceived as fair to be effective. This can be difficult to achieve if employees have different experience levels, skills, or responsibilities.

Difficulty in forecasting

For large fintech 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.

Administration complexity

Incentive plans for fintech enterprises can be complex to administer and often require a lot of time and effort to manage.

Budgeting

Incentive plans for fintech 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.

Ensuring compliance

Incentive compensation plans for fintech enterprises must comply with various legal and regulatory requirements, which can be complex and time-consuming.

What we found

Sales teams that have transparency on their performance programs tend to outperform their goals.

Backed by 3rd party research and Product usage metrics
120%
Increase in sales productivity
100%
Reductions in incentive payouts time

Presenting Compass: A holistic incentive compensation management software for fintech enterprises

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:

  • Easy creation and customization of incentive plans.
  • Automating the calculation and distribution of bonuses and commissions.
  • Real-time visibility into performance and earnings.
  • Analytic and reporting capabilities to drive revenue growth.

Why go for Compass incentive compensation management software for your Fintech enterprise?

No matter how simple or complex your incentive compensation management software are,Compass can handle it from start to finish.

Automate intricate incentive compensation plans in no time

Save time and eliminate the hassle of calculating complex sales incentives without errors - no coding or spreadsheets required.

  • Automate complex incentive compensation structures
  • Calculate thousands of records in seconds
  • Prevent payment errors and delayed disbursals
  • Create enhanced workflows for sales processes

Auto disburse your incentive compensation to prevent delay

Define sales targets and automate incentive disbursals based on achievements, either one-time or recurring, without any errors or delays.

  • Define parameters and incentives based on targets
  • Set multi-level approvals
  • Create a library of no-code metrics
  • Offer multi-currency and multi-payment options

Amplify sales wins with interesting gamification features

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.

  • Highlight achievements with badges
  • Remind reps of their performance with timely nudges
  • Launch inter-team competitions across the organization
  • Convert monthly goals into smaller achievable targets

Connect to the tools you use every day to sync data seamlessly

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.

  • Connect with Spreadsheets, CRM, DMS, or ERP
  • Define KPIs across sales teams
  • Create logic with rules, variables, and conditions
  • Set periodic targets (Daily/Weekly/Monthly/Yearly)
graphical user interface, application

View real-time data and insights to make faster decisions

Powerful, real-time insights along with predictive analytics help you plan better, across teams and the organization.

  • Turn data points into a graphical representation
  • Simulate business metrics based on historical data
  • Utilize intelligence from past programs to optimize targets and incentive payouts

See what our customers are saying about our incentive compensation management software

Friendly and efficient team

“ 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. ”

Great Range of Rewards!

“ 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. ”

Happiness quotient is 100%

“ 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. ”