Tips to Keep in Mind While Buying a Good Incentives Solution

1. Tips to Keep in Mind While Buying a Good Incentives Solution Accuracy: According to Gartner, incentives/commissions are overpaid by around 8% on average. This is due to complex incentive processes and inaccurate calculations. It is important for companies to focus on pay-out accuracy. It can otherwise lead to an overpayment or an underpayment. Integration: The solution should be flexible enough to integrate with upstream and downstream CRMs. Or else, there is a possibility of manual errors, leading to inaccurate incentive calculations, delay in incentive calculation, and potential delay in crediting incentives to sales representatives’ accounts. User Experience: An organization should choose a solution that is easy to use yet is capable enough to cater to their requirements. Ease of Customization: A good solution needs to be quick with a minimum change management turnaround time. It should have the ability to implement complex incentive plan changes. Analytical Ability: Organizations need to be aware of some basic information like the top and bottom performers, quality of quotas, etc. It will help to evaluate and assess the overall Incentive plan and devise a strategy to update it, so that it is favourable for the field force. There are other criteria too to consider, like information security and multi- country scalability. About Company: Company Name: Incentivate Solutions Address: Office #14A, 3rd Floor, City Vista, Kharadi, Pune, Maharashtra 411014, India Office Hours: 9 am to 7.30 pm

2. Working Day: Monday to Friday Contact No: +91-9960267767 Email Id for Enquiry: info@incentivate.in Website: https://incentivate.in/ -_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-