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Synygy vs. Xactly Commission Expense Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Synygy
Score 8.0 out of 10
N/A
Synygy is a Sales Performance Management solution from the company of the same name, which advertises itself as SOaaS (Sales Operations as a Service). It includes software and best practices around sales compensation management, sales optimization, sales enablement, and sales analytics. Synygy is frequently compared to other ICM point solutions and SPM tools. Synygy’s incentive compensation management software component allows organizations to: Promote and reward…N/A
Xactly Commission Expense Accounting
Score 7.6 out of 10
N/A
Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution—with full capitalization and amortization capabilities—that lets companies monitor performance obligations and ensure compliance with ASC 606 and IFRS 15 standards. Their Intelligent Revenue Platform enables Xactly to align planning, performance, and prediction functions into one platform.N/A
Pricing
SynygyXactly Commission Expense Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SynygyXactly Commission Expense Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details—Contact Xactly for a demo and pricing.
More Pricing Information
Community Pulse
SynygyXactly Commission Expense Accounting
Top Pros
Top Cons
Features
SynygyXactly Commission Expense Accounting
Sales ICM
Comparison of Sales ICM features of Product A and Product B
Synygy
6.7
1 Ratings
14% below category average
Xactly Commission Expense Accounting
-
Ratings
Sales compensation plan creation7.01 Ratings00 Ratings
Complex sales crediting6.01 Ratings00 Ratings
Sales compensation process automation9.01 Ratings00 Ratings
Incentive auditing/regulation compliance9.01 Ratings00 Ratings
Sales compensation dashboards & forecasting3.01 Ratings00 Ratings
Incentive modeling7.01 Ratings00 Ratings
Agile incentive strategy6.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Synygy
-
Ratings
Xactly Commission Expense Accounting
7.3
1 Ratings
9% below category average
Single sign-on capability00 Ratings7.31 Ratings
Role-based user permissions00 Ratings7.31 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Synygy
-
Ratings
Xactly Commission Expense Accounting
6.4
2 Ratings
17% below category average
Dashboards00 Ratings1.81 Ratings
Standard reports00 Ratings8.72 Ratings
Custom reports00 Ratings8.72 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Synygy
-
Ratings
Xactly Commission Expense Accounting
4.7
2 Ratings
45% below category average
Multi-currency support00 Ratings6.41 Ratings
Multi-division support00 Ratings6.41 Ratings
Journals and Reconciliations00 Ratings9.82 Ratings
Configurable Accounting00 Ratings1.81 Ratings
Centralized Rules Framework00 Ratings1.81 Ratings
Standardized Processes00 Ratings1.81 Ratings
Best Alternatives
SynygyXactly Commission Expense Accounting
Small Businesses

No answers on this topic

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Score 9.1 out of 10
Medium-sized Companies
Everstage
Everstage
Score 9.5 out of 10
Accounting Seed
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Score 8.3 out of 10
Enterprises
Everstage
Everstage
Score 9.5 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
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User Ratings
SynygyXactly Commission Expense Accounting
Likelihood to Recommend
8.0
(1 ratings)
8.0
(3 ratings)
Implementation Rating
-
(0 ratings)
9.8
(2 ratings)
User Testimonials
SynygyXactly Commission Expense Accounting
Likelihood to Recommend
Synygy
It's possible to use spreadsheets to calculate and manage incentive payments, but for a larger organization with multiple sales plans I highly recommend Synygy.
Verified User
Anonymous
Read full review
Xactly Corp
CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.
Verified User
Anonymous
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Pros
Synygy
  • Accurate and detailed incentive calculation.
  • Managing a large amount of data.
  • Excellent customer service.
Verified User
Anonymous
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Xactly Corp
  • Amortization waterfalls
  • Locked periods & PPA adjustments
  • Journal entries
Verified User
Anonymous
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Cons
Synygy
No answers on this topic
Xactly Corp
  • Dashboard is on a different page
  • Needing to rerun reports
  • Not being able to download reports and edit them
Verified User
Anonymous
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Implementation Rating
Synygy
No answers on this topic
Xactly Corp
Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).
Verified User
Anonymous
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Alternatives Considered
Synygy
No answers on this topic
Xactly Corp
We selected Xactly CEA for ASC 606.
Verified User
Anonymous
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Return on Investment
Synygy
No answers on this topic
Xactly Corp
  • Efficiency
  • Centralized
  • Accurate
Verified User
Anonymous
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ScreenShots

Xactly Commission Expense Accounting Screenshots

Screenshot of Commission Expense Accounting Reports HomeScreenshot of Commission Expense Accounting Portfolio SummaryScreenshot of Commission Expense Accounting Journal EntriesScreenshot of Commission Expense Accounting Amortization Schedule