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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.
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 corporate incentive


Enter Enterprise Incentive Management and Incentive Compensation Management
Companies with large sales forces, huge product portfolios, and complex incentive plans with many variables need to offer variable pay. This has created

corporate incentive  based on individual or corporate performance. This need creates opportunities for a new enterprise software category called enterprise incentive management (EIM) or incentive compensation management (ICM), which should provide managers with decision support tools to model various compensation scenarios, measure the impact of those plans on sales performance, and effectively communicate incentive compensation objectives to the selling organization. Part Four of the series Thou Shalt Motivate and Reward

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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 » corporate incentive

Are Sales Incentives Even In Tune With the Corporate Strategy?


With sales being the lifeblood of virtually any company, selling should be an accurately accountable process forming the basis of overall strategic objectives. Still, the question remains: how much enterprise incentive management (EIM) do enterprises need, and in what form?

corporate incentive  In Tune With the Corporate Strategy? Incentive compensation plans are designed to motivate sales and service professionals to achieve goals and strive for excellence. But an alarming fact is that these same compensation plans are often at odds with the corporate strategy of customer satisfaction, since sales employees, in their zeal to earn more, often lose sight of what is importanttheir customers needs and the companys strategy. Part Two of the series Thou Shalt Motivate and Reward Workforce Better . Read More

Thou Shalt Motivate and Reward Workforce Better


The potential of enterprise incentive management systems should not be ignored, since this software category promises a fairly rapid and tangible return on investment, outlines expensive over- and under-payment errors, and reduces administration overhead.

corporate incentive  of the workforce with corporate goals and strategies, which can be achieved through (among other things) effective employee acquisition and retention techniques, incentive and compensation management, performance monitoring, resource management, and training. The most progressive companies have thus been using best-of-breed HR and HCM technologies (although these can be part of a broader packaged enterprise application suite) for attracting, hiring, training, motivating, and managing their people. Read More

Sizing the Enterprise Incentive Management Opportunity-And the Challenges Ahead


Pure-play enterprise incentive management (EIM) vendors who have focused on providing the capability to manage highly complex compensation systems will be well positioned to take advantage of the major growth projected in the EIM market.

corporate incentive  and their impact on corporate goals. Thus, a banking EIM package must help manage incentive compensation for branch and call center employees, successfully motivating them to raise the value of customer interactions. They must also integrate easily and quickly with other business process systems, smoothing the way for effective compensation plan management in a complex multi-product, multi-channel sales environment. Evalueserve also reported a 26 percent expected growth in the retail industry for EIM Read More

The Flagship Enterprise Incentive Management Offering


The idea behind the Callidus TrueComp's initial design was for it to be sophisticated enough to tackle and manage the most complex and variable compensation plans, and yet simple enough to administer without heavy reliance on information technology (IT) resources.

corporate incentive  indirect sales compensation with corporate goals and shareholder value. For more background on Callidus, see Enterprise Incentive Management Leader Responds to Market Demands . The idea behind TrueComp's initial design was for it to be sophisticated enough to tackle and manage the most complex and variable compensation plans, and yet simple enough to administer without heavy reliance on information technology (IT) resources. To that end, Callidus's products are based on its proprietary TrueComp Manager Read More

Records Management Becoming More Important Due to Compliance Regulations


Electronic media and corporate governance have complicated records management for enterprises. Properly defining information as corporate records and using a record management system can help enterprises meet regulatory compliance and reduce liability.

corporate incentive  accuracy and reliability of corporate disclosures. Compliance regulations have a close relationship with information technology (IT). Financial reporting processes are deeply imbedded in different IT systems and most data (approximately 70 percent) is in digital format. Under SOX, executives are now liable for the security, accuracy, and reliability of the financial data within their organization. Standards and Governing Organizations Records governance, however, predates the events of Enron and Arthur Read More

Finance Transformation and Routine Accounting: Enabling the Corporate Controller’s Role as a Strategic Contributor


The first role of the corporate controller has been to ensure corporate financial controls and—as a distant second—make strategic business contributions. But the installation of on-premise enterprise resource planning (ERP) and accounting software meant that controllers’ roles now involve financial software know-how. To achieve financial transformation, controllers need guidance and practical strategies. Learn more.

corporate incentive  Routine Accounting: Enabling the Corporate Controller’s Role as a Strategic Contributor Today's finance and accounting requirements for businesses represent a quantum leap in complexity from what was required even 10 years ago. For growing companies and nonprofit organizations, the high-quality accounting and financial expertise that they require are often beyond their means. Source : Corefino Resources Related to Finance Transformation and Routine Accounting: Enabling the Corporate Controller’s Read More

Innovations in IT: Driving Corporate Performance


Over the past several years, the priorities of IT teams have shifted. IT staff used to focus on building an integrated enterprise to optimize business processes. Today, an additional priority is extending the enterprise and improving engagement with customers, partners, and suppliers to maximize efficiency and take advantage of new opportunities. See how innovations in IT have allowed market leaders to extend their reach.

corporate incentive  in IT: Driving Corporate Performance Over the past several years, the priorities of IT teams have shifted. IT staff used to focus on building an integrated enterprise to optimize business processes. Today, an additional priority is extending the enterprise and improving engagement with customers, partners, and suppliers to maximize efficiency and take advantage of new opportunities. See how innovations in IT have allowed market leaders to extend their reach. Read More

Service Supply Chain Strategies to Increase Corporate Profitability


This article describes the unique challenges of the service supply chain, provides a framework for understanding the service management decision hierarchy, and highlights the dramatic value proposition available to companies that deploy advanced service strategies and decision-support tools to address these challenges. Brief case studies from leading service organizations Cisco and KLA-Tencor show examples of successful deployments of service supply chain strategies.

corporate incentive  Chain Strategies to Increase Corporate Profitability Abstract The last decade has witnessed a substantial shift in emphasis on the part of many OEM manufacturers, from a focus on the products they produce to a concentration on their customers and the value that their customers derive from ownership and use of these products after the initial product sale. The importance of service is made clear in a recent AMR survey 1 of manufacturing companies which revealed that service represents 24 percent of their Read More

On Demand Delivery Compels a Compensation Management Vendor


The on demand paradigm and enterprise incentive management market seem to have established a viable cross-section to the extent that, going forward, some players feel comfortable enough to opt solely for the software-as-a-service, subscription-based delivery model.

corporate incentive  partners, and channels with corporate goals, thereby driving increased performance, revenue, and profitability. For the past decade, automation of ICM has been, and continues to be, the vendor's core competency. This vision, combined with the vendor's attention to meeting market requirements, has resulted in the success Centive enjoys today in terms of industry magazines' awards and accolades, customer satisfaction, and financial stability. To that end, in 2001, Incentive Systems received the first EIM Read More

On-demand Business Intelligence Solutions: A New Way to Achieve Your Corporate Objectives in Today’s Challenging Economy


This white paper examines how a new generation of software-as-a-service (SaaS)-based business intelligence (BI) solutions is responding to the escalating challenges facing companies of all sizes today. It also examines various SaaS-based BI solutions that can help organizations satisfy the rapidly changing needs of corporate executives and end users as they work to achieve their business objectives.

corporate incentive  Way to Achieve Your Corporate Objectives in Today’s Challenging Economy This white paper examines how a new generation of software-as-a-service (SaaS)-based business intelligence (BI) solutions is responding to the escalating challenges facing companies of all sizes today. It also examines various SaaS-based BI solutions that can help organizations satisfy the rapidly changing needs of corporate executives and end users as they work to achieve their business objectives. Read More

Developing a Security-oriented Corporate Culture


JurInnov’s director of information systems and security provides a detailed analysis of why development of a security-oriented corporate culture is imperative for companies wishing to keep their electronically stored information secure.

corporate incentive  a Security-oriented Corporate Culture JurInnov’s director of information systems and security provides a detailed analysis of why development of a security-oriented corporate culture is imperative for companies wishing to keep their electronically stored information secure. Read More

Redmatch Corporate Edition


Our unique matching technology eliminates the need to sift through irrelevant candidate profiles and resumes, and it enables HR professionals to focus their time and effort only on those who are relevant. Our system calculates and rates the connection between a job seeker’s profile, the job seeker’s preferences and the position requirements, and it provides in real time a list of candidates who best match the position criteria. This significantly shortens the recruitment process.  

corporate incentive  Corporate Edition Our unique matching technology eliminates the need to sift through irrelevant candidate profiles and resumes, and it enables HR professionals to focus their time and effort only on those who are relevant. Our system calculates and rates the connection between a job seeker’s profile, the job seeker’s preferences and the position requirements, and it provides in real time a list of candidates who best match the position criteria. This significantly shortens the recruitment Read More

AMERICAN EXPRESS Selects TRADEX To Build New Business to Business Commerce Network


TRADEX product will simplify the adoption of Internet procurement solutions for American Express corporate customers and their supplier.

corporate incentive  American Express, the largest corporate card provider, announced that they have partnered to create the B2B Commerce Network , a new component-based e-commerce solution powered by TRADEX's Commerce Center platform. The American Express B2B Commerce Network is an open digital marketplace for purchasing and catalog management that is designed to connect American Express' corporate customers and suppliers with other horizontal and vertical marketplaces on the Internet. The B2B Commerce Network will enable Read More