Category Archives: Sales Commission Management

New service for Merchant Service Providers, ISOs and Payments Processors

Commission management software provider Commissionly has announced its new service for merchant service providers, ISOs, and payment processors. The Commissionly Payments platform is a tool created for businesses that need to create reports and manage commission payments on terminal sales, rate agreements and transaction reports. This versatile platform is tailored towards businesses and individuals working […]

Keeping business confidence alive

COVID-19 is at the forefront of everybody’s minds – we’ve posted a couple of times about it recently here. Businesses across the world are adapting to the changes that have to be made to survive. It’s important that your sales team retains confidence in your business during these trying times as, while none of us […]

How to build motivation during a slow period

When it comes to sales performance goals, there are many different aspects to consider. One of those is the current trading conditions of the industry. For most industries, there are going to be times when there are slow periods. During these times, it can be hard to motivate your team. Sales teams that aren’t motivated […]

Creating an incentive compensation plan with our sales compensation calculator

Incentive compensation is a form of pay structure which is based upon how the business and its individual employees perform. Essentially, employees receive a base salary with an extra reward (tallied up using a sales compensation calculator) for meeting specified targets. There are multiple performance metrics that can be used to determine which employees qualify […]

The 3 most common reasons for high sales team turnover

High employee turnover among your sales team can be toxic to your whole business. And unfortunately, it’s an issue that affects a huge number of organisations. There are a number of factors that can be at the root of this problem and, more often than not, they’re linked to sales performance management. Here are 3 […]

Sales commission – what are the benefits for your company?

Sales compensation is a tricky thing for some companies, who’re reluctant to give away profit. But sales commissions can benefit your company in a number of ways. Commission is motivating The idea that staff should prioritise the company above their own interests is a nice one, but it’s simply not grounded in the facts. Motivation […]

3 modern ways of finding leads to meet sales performance goals

When it comes to making sales performance goals, staff need every advantage. While phoning endless leads, whether they’re hot or cold, is the traditional route, it doesn’t always yield the best results. It can also be very stressful. Modern technology can come to the rescue. For managers, there is excellent commission software, and for salespeople, […]

Work smarter and achieve more

The sales function is probably the most competitive function in any business. But, by using the right sales commission software, you can achieve so much more. Sales is the process that drives all other business disciplines – production, procurement, inventory, accounts, and many others too. They are all driven to some extent by the success […]

Sales commission software that goes far beyond sales compensation tracking

Yes, sales commission software is a great aid for calculating and tracking how much is owed to your staff. And if you choose the right program, you enable your salespeople to track their own progress in real-time. However, the software now available can do so much more than just track and provide live updates on […]

Sales commission software you can tailor to your business

Are you thinking about installing sales commission software? If so, the one thing you don’t want to have to do is to reinvent the wheel. You want a program that you can tailor to your exact needs. It will make life so much easier. Here are three things to look for: 1. Software that runs […]