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Software Functionality Revealed in Detail
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 compensation incentive letters examples


Quote-to-order: A Newcomer Causes a Stir in the Market
A crop of next-generation, Web-based, on-demand, startup quote-to-order systems providers has lately flourished, spearheaded by BigMachines, whereas some

compensation incentive letters examples  is used to run compensation scenarios for sales incentive planning and reporting. It is still too early to share too many details about the ATG partnership, other than to say that the joint interest is in offering BigMachines configurator integrated with ATG's leading B2C and retail e-commerce capabilities. Of note is that BigMachines has more joint customers with SAP than with any other ERP vendor. While its product is not SAP NetWeaver –certified (see Multipurpose SAP NetWeaver ), the vendor uses

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Incentive and Compensation Management

Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. 

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Documents related to » compensation incentive letters examples

Advice Regarding Exempt Employees’ Salaries And Discipline


Periodically the US Department of Labor (DOL) issues opinion letters which can be official rulings or interpretations regarding the Fair Labor Standards Act (FLSA). Recently, the DOL issued two letters regarding deducting damages from exempt employees’ salaries and requiring exempt employees to work a certain schedule or make up hours. But what do they mean for you as an employer?

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Intuit’s December Small Business Indexes and 2012 Recap


Intuit recently released its “December Small Business Employment and Revenue Indexes” as well a special 2012 look back report. All data cited in the blog post and year-end report are based on a combination of government data and an anonymized subset of Intuit QuickBooks Online, Intuit Online Payroll, and QuickBooks Online Payroll users. Intuit’s online payroll products enable it

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Xactly Compel


In 2004, recognizing the need for automated sales compensation management in the mid-market and the potential of the software as a service (SaaS) delivery model, Centive began development of a new sales compensation system. That system was designed to meet the budget and functional requirements of the mid-market, targeting customers with fewer than 4,000 payees. This new on-demand, multi-tenant solution, Centive Compel, was launched as a beta version in 2004, and was in full production by May 2005. Besides calculations of sales commissions and bonuses, Compel also provides executives, sales managers, and sales representatives with visibility into attainment, ranking, and commission earnings data. Compel features integration with salesforce.com and other customer relationship management (CRM) systems to enable sales representatives and their managers to forecast commission earnings based on opportunities in their pipeline.  

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BIS ProStaff gets TEC Certified


Recently, I had the pleasure of speaking with the folks at BIS as part of TEC’s Certification process. For BIS, the value-add of TEC Certification was clear—and all they had to do was complete a detailed questionnaire/request for information (RFI) and demonstrate certain solution-specific features and functions that I outlined for them in a demo script. I sat down for the three-hour session with

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TrueComp


TrueComp addresses the challenges faced by compensation administrators, including retroactive changes to compensation plans, territory assignments or organizational reporting structures (even affecting closed periods); modeling and forecasting future compensation expenses; quota management for the entire organization; and researching and resolving disputed sales credit situations. The solution also accommodates customized territory definitions, non-standard management roll-ups, and multiple business units on different reporting calendars. TrueComp helps create business rules for crediting transactions to sales or channel representatives, and calculating payments. Results can be audited and adjusted, and payments are posted to the accounts payable (AP) system. TrueComp Manager incorporates rule-editing assistance and online "legal moves" to remove the need for complex code-writing or in-depth technical knowledge. Modeling capabilities allow TrueComp users to project the impact of new compensation rules by providing side-by-side scenario comparisons. Finally, new quota distribution features allow compensation administrators to manage quotas across the entire sales organization.

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Salary.com Wins Talent Management Shootout at 12th Annual HR Technology Conference


This year, I had the honor of attending the 12th Annual Human Resources (HR) Technology Conference held at McCormick Place in Chicago, Illinois (US). While many of the events at the three-day conference piqued my interest, none did so more than the 2nd Annual Talent Management Shootout. This shootout reminded me of TEC’s very own shootouts and showdowns, done several times throughout the year

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Examples Of How Some Mid-Market Vendors Might Remain Within The Future Three (Dozen)? Part Two: Agilisys Market Impact


The most recent merger looks initially like a positive move for both companies and their customers, since Agilisys further enlarges a foothold in the discrete automotive manufacturing (which it has recently started with BRAIN) and solid SCE product modules that it might embed into its own SCM suite and possibly cross-sell into many industries (yet to be scrutinized, though).

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The Business Case for Compensation Technology: How Better Enabled Compensation Teams Can Improve Organizational Outcomes


Despite the foundational role compensation plays in talent strategies, many organizations continue to manage compensation market analysis, strategy development, and program administration using spreadsheets. Managing compensation processes in spreadsheets can be done, and can even be done well in some cases. But the pitfalls of handling complex compensation tasks in spreadsheets are well known: spreadsheets are prone to human error, require a high level of expertise to move beyond simple analysis, and are not scalable across decentralized groups.

This paper explores the five areas in which organizations can improve via the adoption of compensation technology solutions: efficiency, consistency, visibility, transparency, and trust. Leveraging technology for compensation market analysis, program design, and administration provides tactical gains such as time-savings, risk reduction, and increased productivity, but may also impact larger organizational outcomes like profitability and employee engagement.

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Examples Of How Some Mid-Market Vendors Might Remain Within The Future Three (Dozen)? Part Three: Made2Manage Market Impact and User Recommendations


Smaller manufacturing enterprises are often more comfortable dealing with a vendor of a size and corporate culture similar to theirs. Examples of these markets can be e.g., fresh meats, dairy producers, Tier 2/3 automotive suppliers, etc. Some of these thriving Boutique Vendors will actually be conglomerates of smaller divisions or vendors with a common owner. These might even be a current mid-range vendor who specializes in a series of smaller markets or even a sub-segment of a Big Five vendor

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Laserbeam Software


Laserbeam Software develops and implements software supporting compensation administration, market analysis, and performance management. The company is headquartered in Concord, California (US). Laserbeam also has experience in development services through its subsidiary in Chennai (India).

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