Sales commission management software is a great aid for calculating and tracking how much sales compensation you owe your staff.
We realise that you may pay different commission rates to your reps based on different criteria, such as a differing rate for either new business or renewals. Or perhaps your rep receives a different commission rate when selling to one particular customer.
Our criteria filtering feature allows you to set commissions to pay only when certain criteria are met, such as only when the type of business is ‘new’, or when the type of business is a ‘renewal’.
You can have the ability to filter by any criteria in your opportunity or deal data.
Advantages of Commission Management Software in sales
Commission management software is an essential component of sales planning that makes the process of tracking commissions less of a burden. Sales managers will, therefore, spend less time disbursing commission to their sales representatives.
Managing commissions using commission management software directly motivates the sales team. The software allows them to monitor their earned commission from their devices at any time.
Real-time access to data, increasing the efficiency and accuracy of the process of calculating and paying out commissions.
A commission management software will ensure that the payment of commissions process is smooth and automatic, minimising errors and ensuring the sales representatives are paid on time.
Still using Excel to calculate your commissions?
If you’re currently using a spreadsheet to calculate commissions, and you’d like a simpler, more efficient way to manage sales performance, why not consider Commissionly?
You can even benefit from a free trial with a demonstration on how to improve your sales performance management. With a host of other powerful features, like sales territory management, sales quota management and sales objective management, you’ll soon find yourself wondering how you ever managed with a simple spreadsheet.