Sales Compensation News from Centive

Leading the industry in sales compensation and sales performance management.

Newsletter Articles:

• Prepare for the New Year - Best Practice Sales Compensation Design
  Beta Carotene, Volume 3 Issue 9
  
• Centive partners with OpenSymmetry, a rapidly growing firm specializing in sales compensation and sales performance management consulting and deployments.
  Beta Carotene, Volume 3 Issue 8
  
• Centive Wins 2008 CRM Market Leader Award from CRM Magazine - CRM Magazine, the industry's leading publication, has selected Centive as a 2008 Market Leader in the category "Incentive Management."
  Beta Carotene, Volume 3 Issue 8
  
• Customer Feedback Program - Centive seeks customer input to refine and improve their sales commission management products.
  Beta Carotene, Volume 2 Issue 7
  
• Centive Receives High Marks from Advisory Firm Sirius Decisions - Vendor profile validates value and viability of Centive’s sales incentive management solution
  Beta Carotene, Volume 2 Issue 6
  
• Centive Sponsors the Salesforce.com’s Dreamforce ‘06 Conference - Centive will demonstrate the business benefits that result when their award-winning strategic on-demand sales incentive management solution seamlessly integrates with Salesforce.com^TM
  Beta Carotene, Volume 1 Issue 9
  
• Strategic Sales Compensation Management - Companies are striving to invest their incentive dollars
  Beta Carotene, Volume 1 Issue 9
  

Centive News:

• Press Release: Infusionsoft Selects Centive Compel to Automate Sales Compensation Management
  September 29, 2008
  
• Media Coverage: Boomi, Centive Form SaaS Partnership for Compel - Boomi, an on-demand integration vendor, and Centive, which sells on-demand products for sales compensation and sales performance management, have announced a partnership to provide Software-as-a-Service data transformation and integration for Centive's Compel.
  TMCnet, August 19, 2008

Links:

• Web Directory - Supporting the Complexities of Variable Compensation Management Strategies: Centive has the first incentive compensation solution to fully support the complexities and scope of performance-based variable compensation strategies for any size organization.

Centive - Market Leader in Incentive Management

Centive Wins CRM Magazine's 2008 Market Leader Award for "Incentive Management"

LOWELL, Mass., Aug 25, 2008 – Centive, the leader in on-demand solutions for sales compensation and sales performance management, today announced that it has been recognized with a 2008 Market Leader Award in the category “Incentive Management” by CRM magazine.

Recipients for the CRM Market Leader Awards were determined through an extensive three-month process and proprietary rating formula that involves industry analysts, financial and corporate information, product and functionality assessments, and scores reflecting customer satisfaction.

Centive’s flagship solution, Compel®, was recognized by CRM magazine as an affordable, on-demand tool that enables companies to automate the entire incentive compensation management process in one secure, centralized system. Powerful features such as plan modeling, commission expense forecasting, custom reporting and performance analytics helped secure Centive’s inclusion as a 2008 CRM Market Leader.

Compel integrates with CRM systems to enable sales representatives and managers to forecast compensation based on opportunities within their pipeline. This integration provides Centive’s customers with full automation of the sales lifecycle –From Prospect to Paycheck^TM; – to ensure that sales representatives stay focused, aligned and motivated to close the right business.

In addition, Compel was recognized for supporting Sarbanes Oxley corporate compliance initiatives by providing accuracy, security, process controls and a complete audit trail. To date, Centive is the only on-demand sales compensation management vendor to have successfully completed a SAS 70 Type II compliance audit. Continued...