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 compensation figures. It can also offer team leaders and financial management information that will facilitate sales forecasting. This same data can also be used for planning strategies.
Increase sales efficiency
Leveraging the Cloud for software programs is the way to go. Programs can easily integrate with other applications. This provides you with a powerful tool that can improve the efficiency of any sales operation. Enabling frontline staff to keep tabs on their commission, creates incentives that drive sales staff to greater heights.
Linking accounts into the loop makes the commission payment process much more manageable. It also provides managers with important information relating to running costs and the impact on profits and losses.
Access the benefits of built-in CRM
If you choose a commission software program that incorporates CRM, it can really revolutionise the sales process. When your sales team uses the dashboard to update their sales compensation progress, they can also access all sorts of other data. This data includes; who orders what, how frequently they order, who the main contact points are, what the accumulative spend is, etc.
This is all insightful information that your salespeople can have at their fingertips. Managers and team leaders can share the same information. Using this, they can create strategies and assemble sales targets.
If accounts are tied into the data too, they can use it to drive their cash flow predictions. The more integration that takes place, the bigger the potential efficiencies and benefits.
Software for all industries
Commissionly sales commission software has been expressly designed to create benefits and efficiencies in industries across the board. By including the Zapier App, you can integrate seamlessly with as many as 2,000 apps and programs, including the likes of Hubspot, Insightly, Quickbooks, Sage, Salesforce, and Xero.