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| Incential Compensation Manager |
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Incential Compensation Manager (ICM) is a comprehensive software system for compensation administrators to manage all of the steps of designing and calculating sales performance. Developed in a familiar Windows-like interface, ICM includes menus for configuring business rules, managing source data, designing plan calculations and administering user access. Plus, with the available add-on modules the system can scale to include advanced data integration, business intelligence, sales communication and workflow automation tools.
Who uses Compensation Manager?
ICM is designed to be used by any business person responsible for planning, calculating and reporting sales compensation. This typically includes incentive compensation administrators, sales operations managers, human resources professionals and financial analysts. These business users no longer need to rely on IT developers to support them with modeling incentive plan designs and making calculation changes. All of this functionality and more can be done by business users within the ICM software.
Features
- Flexible Plan Design screen with 'logic tree' structure
- Reusable Components for measurements and payout grids
- Share plan results with payees, management and other stakeholders via secure Incential Portals
- Import virtually any data format (i.e. Excel, xml, csv, etc.) from any source (i.e. database, e-mail, FTP, web service)
- Plan copy functionality
- Side by side plan results comparison
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Create unlimited plan definitions and model calculations in "what-if" scenarios
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Build rules for contests/SPIF's
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Support any measurement, including goal attainment, incentive grids, market share change, volume change, relative ranking, commission and more
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Eligibility rules engine to calculate payee proration based on time in position, etc.
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Adjust imported data with Administrator rights
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Override calculated pay or imported data while keeping an electronic audit trail of changes
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Built-in Reporting includes a library of report templates with configurable columns and sorting
Benefits
- Align incentive compensation to corporate and brand strategies
- Reduce errors and overpayments caused by spreadsheets and manual processes
- Empower business users to implement and change plan rules without IT involvement
- Improve sales force motivation with more timely and accurate compensation reporting
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