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Colfondos Selects CallidusCloud Commissions to Calculate Compensation for their Sales Force - Callidus Software Inc. announced that Colfondos, one of the largest regulated pension fund administrators in Colombia, has selected the CallidusCloud™ SaaS Commissions product (NASDAQ: CALD)
Colfondos Selects CallidusCloud Commissions to Calculate Compensation for their Sales Force

 

NewswireToday - /newswire/ - Pleasanton, CA, United States, 2012/07/05 - Callidus Software Inc. announced that Colfondos, one of the largest regulated pension fund administrators in Colombia, has selected the CallidusCloud™ SaaS Commissions product (NASDAQ: CALD). NASDAQ: CALD

   
 
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Callidus Software Inc., the leader in sales effectiveness and cloud computing, announced today that Colfondos, one of the largest regulated pension fund administrators in Colombia, has selected the CallidusCloud™ SaaS Commissions product to manage and calculate incentives and compensation for their sales teams. The agreement was signed in the second quarter of 2012.

"Colfondos was looking for a flexible and easy-to-use solution to calculate and manage sales incentives and compensation, and to obtain a clear view of sales performance across the board," said Jimmy Duan, SVP International Sales, CallidusCloud. "Our cloud Commissions product alleviates the complexity of incentives and compensation management, that eliminates manual intervention and costly errors without the need for a lengthy services engagement."

CallidusCloud Commissions is a multi-tenant SaaS incentive compensation product that delivers integrated sales key performance indicators (KPIs) and goal management with incentive design, calculation, payment, and real-time reporting and analytics. With a built-in collaboration platform, CallidusCloud Commissions delivers the agility businesses need to make adjustments throughout the fiscal year and gain rapid buy-in and sign-off from sales.

CallidusCloud's sales & marketing suite is designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness at all stages of the sales cycle with award-winning, multi-tenant Cloud software. CallidusCloud offers the following software-as-a-service and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, sales performance management, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and gamification.

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About Callidus Software

Callidus Software Inc. (calliduscloud.com) is the market and technology leader in sales effectiveness and cloud computing. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud’s award-winning multi-tenant SaaS applications set the standard for performance management of a company’s sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance.

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake and 6FigureJobs are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

 
 
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Written by / Agency / Source: Callidus Software, Inc.

 
 

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Colfondos Selects CallidusCloud Commissions to Calculate Compensation for their Sales Force

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Publisher Contact: Giles House - CallidusSoftware.com 
925-251-2200 pr[.]callidussoftware.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Callidus Software, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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