Are you struggling to attract and retain channel partners? worry not. Compass has got you covered. Automate your channel partner incentive programs and compensation calculations, build innovative channel incentive programs, and deliver accurate and timely payouts using Compass–no code sales incentive software.
Channel partners have a massive contribution to the company’s indirect sales and can be anyone ranging from resellers, service providers, retailers, agents, vendors, logistics partners, or last mile delivery agents. Isn’t it better to leverage a partner’s existing consumers, who are your target customers, instead of trying to acquire and go through multiple layers of a sales funnel? What could be better? That’s why it is important to have good relationships with your channel partners.
In a sense, channel partners are an extension of your sales team. However, they sell goods from various companies, so if you want to outperform your rivals, you must reward them. This is typically accomplished by paying dealers directly to promote your goods. Rewarding them makes the dealers more inclined to support your brand, which ultimately helps to sell your product. Channel partners already have a consumer base with the advantage of having strong personal relationships.
Compass can simplify the most complex incentive plans for your channel partners where you can publish incentive programs with game templates, publish live scorecards, enable one-click payments, encourage open and transparent communication through groups & communities, and get nudges & notifications for your channel partners to perform better and derive more insights with predictive analytics.
Digitizing and gamifying incentives with Compass has bought channel management efficiencies, cost-optimization, and increased motivation. In addition, it has made the distribution channel even more powerful, optimizing it.
Compass helps run gamified incentive programs for sales reps and partners, including channels direct sales teams, direct sales agents, telesales teams, collections teams, connectors, and channel partners.
Compass is winning the battle of the best tools for managing incentives and compensation programs with its comprehensive suite of tools and services for channel partner incentive programs optimization. It is the ideal solution to save time and eliminate the burden of accurately computing complex incentives.
Define sales goals, and automate timely and error-free incentive payments based on accomplishments, either one-time or recurring.
We all know that sales is a tedious process but do you know that game-like elements can make it fun! Compass provides dashboards that visually represent accomplishments and progress, peer and organizational ranking, and badges.
Automated and distributed
worth digital gifts within a few clicks
Respondent rewarding grown at a
CAGR year on year
Sent Maximum Rewards within
of implementing automation workflows
Make channel partners your brand ambassadors by gamifying your sales incentive programs. Increase the motivation of your sales team with Compass, an all-in-one sales incentive compensation management software.