Automate your sales compensation calculations, build innovative sales incentive plans, deliver accurate and timely payouts; Improve transparency for the salesforce using Compass–no code sales incentive software.
Before economists started writing about the principal-agent dilemma, salespeople were compensated with incentives. But most of these sales incentives and compensation plans fail drastically for several reasons. The major reasons behind these are following a one size fits all approach, compensation ratio is not optimized, payouts are consistently delayed, only top performers are motivated, and no intermediate recognition.
Compensating salespeople is complex and time-intensive. Sales leaders have to figure out their budget, decide which awards they want to hand out, define the rules (based on customer size, deal size, etc.), and then use spreadsheets to figure out compensation—a process that can take a long time. With Compass, you don't have to go through all of this. Instead, we handle all of the calculations behind closed doors so that you can focus on what's important—your team's results. We help you plan sales incentives to increase sales team performance.
Compass can simplify the most complex incentive plans and help you build a plan that your sales reps love. There are three ways Compass plays smartly when making a successful sales incentive plan
No matter how straightforward or intricate your sales incentive plans are, Compass can seamlessly manage them from beginning to end.
No coding or spreadsheets are needed to save time and eliminate the burden of accurately computing complex sales commissions.
By allowing your sales force to compare their performance to that of their competitors via leaderboards, level maps, live scores, and earnings, you may pique their competitive spirit.
Continue the game without interfering with the process. Automate the sales process by integrating already-in-use technologies, and handle any hiccups with round-the-clock support.
You may improve planning across teams and the company with the use of strong, real-time data and predictive analytics.
worth digital gifts within a few clicks
CAGR year on year
of implementing automation workflows
Instead, use our API-first platform to manage and automate sales incentive programs, from initiating sales incentive plans to computing and disbursing bonuses.