Xactly Corporation, the leader in on-demand sales compensation and sales performance management (SPM), today announced it was named a finalist in the 27th Annual 2012 CODiE Awards, in the Best Financial Software Solution category. Xactly Incent won this category in 2010. Established in 1986 by the Software & Information Industry Association (SIIA), the CODiE Awards is designed to honor and showcase the software and information industry’s finest products and services.
Xactly Incent, the industry’s first 100-percent multi-tenant cloud solution available for incentive compensation (ICM) and SPM, allows customers to cost-effectively automate the sales compensation management process – from plan design and management, through to payment – to create a more motivated and efficient sales organization. For finance personnel, Incent eliminates the costly errors and complexity of managing compensation on spreadsheets, while also providing real-time insight into sales numbers. Built-in audit rules combined with historical record keeping also ensures compliance with federal regulations, and make it easy to find the details for any transaction
“Leveraging sales compensation management positively impacts a company’s top and bottom lines because it aligns sales behavior directly to corporate financial objectives for increased sales performance and profits,” said Chris Newton, Vice President of Marketing, Xactly Corporation. “Being recognized for five consecutive years for this prestigious award is a testament to how we are helping our customers successfully transform sales compensation management into a strategic business process that drives improved results.”
Finalist for the Best Financial Software Solution category represents the best software solution that automates business accounting and money management, including accounts payable/receivable, general ledger, budgeting, resource allocation, reporting, etc.
SIIA members (siia.net) will now select the winners from among the finalists during the SIIA member voting phase of the program that takes place from March 26-April 13. Software members include the companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. As such, the CODiE Awards hold the distinction of being the industry’s only peer-reviewed awards program.
About Xactly Corporation
Xactly Corporation (xactlycorp.com) is the market leader in on-demand sales compensation and sales performance management. The company’s SPM Suite of products enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly’s solutions automate the process of aggregating data from disparate systems into a secure, hosted repository and enable companies to leverage this business data, the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals across a variety of industries, ranging from SMBs to large enterprises. For more information, visit the website or call 1-866-GO-XACTLY (469-2285).
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