Automate the tedious task of calculating compensations. Reduce errors, eliminate overpayments, and resolve disputes quickly. Optimize for productivity by eliminating redundant questions and doubts.
Monitor and forecast compensation cost of sales
Incentivise your sales team to get more customers to pre-pay annually, monitor the company’s sales compensation budget by measuring performance vs revenue achieved. Keep a close track on the return on investment.
Build trust with sales
Adopt a model where sales and finance trust each other. Provide reps with real-time transparency and build trust by ensuring accurate and automated commissions.
Design & Explain
Support any commission plan
Your comp plans need to evolve to stay aligned with your changing business objectives. Make changes on the fly with Visdum’s flexible, no-code solution.
Ensure that you pay for performance
Don’t throw ‘good money at bad money’ by paying more for under-performance. Monitor payout spread, identify inefficiencies, & optimize comp plans. Use tiered commissions to differentiate, reward, and inspire achievers to hit quota month after month.
Stay agile to manage scale
Changing your compensation structure, quotas, and targets quickly can help you weather an uncertain environment.
Compute & Communicate
Make timely and accurate compensation payment
Sales reps waste 1-3 days a month shadow accounting. Enable real-time visibility into compensation calculation, saving your team’s time and channeling their energy into driving revenue growth.
Hire & retain best sales talent
Top reasons high-performing sales reps leave are insufficient compensation (89%) and unreasonable quotas (61%). Ensure that your reps stay consistently motivated by giving them clarity on quota and plan metrics, while eliminating the risk of calculation errors or wrong data.
Drive sales momentum through SPIFFs & Contests
Re-energise your sales floor through spiffs & contests. Add fun and excitement during tough times. Harness their competitive spirit and motivate them to go the extra mile in achieving their goals.
Pay, Report, & Comply
Transparency into quotas & comp plans
Have complete clarity into your quotas & comp plans at all times. Access and e-sign your plan document, overcome doubts with explainer videos or FAQs, and run 'what-if' scenarios to view the earning potential of your pipeline.
Feel the thrill of commissions going up in real-time
Get instant alerts on how much you have earned on a deal. View current or past payouts and a deal-by-deal summary in one window. View historical payout statements at the click of a button.
Estimate your earning potential
Know exactly how much more you can make by closing that additional deal now. Avoid unpleasant surprises and get exactly how much you expected to make.
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Get a Demo Customized to Your Sales Comp Plans
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