Likelihood to Recommend It depends on the complexity of your selling process, the sales crediting and the number of associates. Small or large organizations who have a simple selling to incentive process; sell something and get paid will find Optymyze to be too much for them. Organizations who have multiple selling organizations who overlay each other and have complex selling will see benefits from a platform such as Optymyze
Read full review It's fine if your comp plans are really simple. It should have no problem multiplying ACV by a rep's BCR and maybe having a SPIFF or two. If you have accelerators, decelerators, complicated hierarchies, constant "exceptions to the rule", and need a platform to be flexible...SimplyComp simply won't be able to help here. Any "solutions" they implement will be short-term bandaids that will have to be addressed again sometime in the future
Read full review Pros Incentive Compensation - It is able to calculate complex plans with complex sales crediting rules Quota Setting / Management - It provides the ability to properly tie quotas to performance and provide the visibility at the lowest level all the way through to executive leadership. Read full review Reporting of financial statements is simple and easy to navigate. Plans can be customized to meet multiple different types of bonus/commission schedules. Salesforce integration further improves the automation of commission reporting. Administrators have the ability to add/remove plans as needed limiting the need to work with a support person everytime a change is made to the commission plan. This has been particularly useful in our company as we are still trying to develop the appropriate commission plan structure so we are frequently making changes to the existing platform. Our administrator has had no issues making changes as needed and can typically get them done quickly. Read full review Cons The front-end reporting functions were supported by a third-party platform at the time. It made it challenging to create reports on your own and relied on Optymyze to provide that type of work. The ability to map territories with similar function to a ZS Associates Territory Designer. Allowing to lasso areas and create "what-ifs" Read full review The platform is incredibly complex for non-basic commissions plans and setting things up is painful and time consuming. Importing functionality is improving, but still subpar, requiring a lot of manual entry for customer plans. The time lag to actually calculate commission (after a user clicks the "calculate" button) is long, leaving one sitting and waiting for the software to do its thing. For our non-US team members, we wanted insight into USD and local currency commission. SimplyComp doesn't support this. Read full review Support Rating Our Implementation Consultant was fantastic. She made herself available, scheduled for in advance to accommodate our schedule, and was very helpful on our calls. She happily executed work on our behalf behind the scenes to help move our implementation along. The Customer Support team was mixed, as is expected with Support teams. Nothing horribly bad, but nothing to write home about. SimplyComp is a newest product for Xactly so everyone is still learning it
Read full review Alternatives Considered Optymyze is not the cheapest nor most expensive product out there. What I found with the firm was the ability to deliver on its promises and be able to adapt to the business without getting outside of their comfort zone. Other products have a box that is too rigid while others are so complex, and so open, you might as well develop a home grown system
Read full review This is the first time I've used a software for commision only. I've usually just used Salesforce to calculate my sales numbers and then do the math myself. This is nice to know the exact number but I don't think a lot better
Read full review Return on Investment Reduced the number of resources supporting the sales compensation, territory and quota setting processes. Reduced the time spent to finalize incentive payouts to associates at the close of each quarter by 25%. Reduced overall expense related to the sales operations function, Read full review Positive impact is our reps are able to view their commissions much more clearly in SFDC. We are also able to calculate 95% of our commissions more rapidly (and have to spot-check the rest). Negative impact was the onboarding process and "learning as we go" rather than having a set process document for getting us live. Read full review ScreenShots