Xoxoday Compass, our holistic channel incentive management platform for insurance enterprise, is designed to streamline and optimize the incentive management and distribution processes for channel partners to help them reach their full potential.
With Compass, insurance enterprises 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.
Managing incentives for a large number of channel partners can be complex and time-consuming, requiring a significant investment in resources and technology.
Ensuring that incentives align with the insurance enterprise's and channel partners' goals, and objectives can be complex.
Lack of visibility into channel partners' performance and sales data can make it difficult to track and reward performance accurately.
Ensuring that incentives are fair and equitable across all channel partners can be challenging, particularly when dealing with partners of varying sizes and capabilities.
Incentive programs need to be flexible enough to accommodate the changing needs and goals of the insurance enterprise and its channel partners.
Maintaining consistency in the incentives offered to different partners can be difficult, as different partners may have different levels of expertise, resources, and market conditions.
Measuring the performance of channel partners can be difficult, as multiple factors may contribute to their success.
Preventing fraud and abuse of incentive programs can be challenging, as channel partners may be motivated to exploit loopholes in the program.
With Xoxoday Compass, you don't have to carry out complex and time-intensive programs. Xoxoday Compass helps insurance enterprises manage channel partners' incentive 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. ”