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Top Rated
80 Ratings
212 Ratings
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Score 7.2 out of 100

Varicent Incentive Compensation Management

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Top Rated
80 Ratings
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Score 8.5 out of 100

Likelihood to Recommend

SAP SuccessFactors

Success Factors is really well suited to handling needs of my organization. They've done a good job integrating with our course catalog and making it easy to book courses right from within the application. It falls short in letting managers cascade their objectives easily. When I cascade an objective, the cascaded objective will often inherit comments from my own objective and share them down to my reports - not ideal behavior.
Anonymous | TrustRadius Reviewer

Varicent Incentive Compensation Management

[Varicent] Incentive Compensation Management is well suited to perform custom calculations for complex commission plans. Our plans were very complex and included many variables and monthly exceptions. (Ex. product, fund, FA, territory, date ) The implementation team was able to create calcs that handled every variable we requested. The portal was key to our success so our sales team could log in directly and see exactly how they were paid for each product and FA. AND they didn't have to worry about saving copies each month as they could always refer to the portal.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Human Resource Management

SAP SuccessFactors
8.0
Varicent Incentive Compensation Management
Employee demographic data
SAP SuccessFactors
7.3
Varicent Incentive Compensation Management
Employment history
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
Job profiles and administration
SAP SuccessFactors
7.3
Varicent Incentive Compensation Management
Workflow for transfers, promotions, pay raises, etc.
SAP SuccessFactors
7.7
Varicent Incentive Compensation Management
Organizational charting
SAP SuccessFactors
8.7
Varicent Incentive Compensation Management
Organization and location management
SAP SuccessFactors
8.7
Varicent Incentive Compensation Management
Compliance data (COBRA, OSHA, etc.)
SAP SuccessFactors
8.3
Varicent Incentive Compensation Management

Payroll Management

SAP SuccessFactors
8.5
Varicent Incentive Compensation Management
Pay calculation
SAP SuccessFactors
8.5
Varicent Incentive Compensation Management
Support for external payroll vendors
SAP SuccessFactors
8.0
Varicent Incentive Compensation Management
Off-cycle/On-Demand payment
SAP SuccessFactors
10.0
Varicent Incentive Compensation Management
Benefit plan administration
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
Direct deposit files
SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Salary revision and increment management
SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Reimbursement management
SAP SuccessFactors
7.7
Varicent Incentive Compensation Management

Leave and Attendance Management

SAP SuccessFactors
9.0
Varicent Incentive Compensation Management
Approval workflow
SAP SuccessFactors
9.3
Varicent Incentive Compensation Management
Balance details
SAP SuccessFactors
9.0
Varicent Incentive Compensation Management
Annual carry-forward and encashment
SAP SuccessFactors
8.8
Varicent Incentive Compensation Management

Employee Self Service

SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
View and generate pay and benefit information
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
Update personal information
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
View company policy documentation
SAP SuccessFactors
8.2
Varicent Incentive Compensation Management
Employee recognition
SAP SuccessFactors
8.2
Varicent Incentive Compensation Management
View job history
SAP SuccessFactors
8.9
Varicent Incentive Compensation Management

Asset Management

SAP SuccessFactors
7.6
Varicent Incentive Compensation Management
Tracking of all physical assets
SAP SuccessFactors
7.6
Varicent Incentive Compensation Management

HR Reporting

SAP SuccessFactors
6.6
Varicent Incentive Compensation Management
Report builder
SAP SuccessFactors
6.7
Varicent Incentive Compensation Management
Pre-built reports
SAP SuccessFactors
6.4
Varicent Incentive Compensation Management
Ability to combine HR data with external data
SAP SuccessFactors
6.8
Varicent Incentive Compensation Management

Onboarding

SAP SuccessFactors
7.6
Varicent Incentive Compensation Management
New hire portal
SAP SuccessFactors
7.6
Varicent Incentive Compensation Management
Manager tracking tools
SAP SuccessFactors
7.1
Varicent Incentive Compensation Management

Performance and Goals

SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Corporate goal setting
SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Individual goal setting
SAP SuccessFactors
8.6
Varicent Incentive Compensation Management
Line-of sight-visibility
SAP SuccessFactors
8.5
Varicent Incentive Compensation Management
Performance tracking
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management

Performance Management

SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Performance plans
SAP SuccessFactors
8.2
Varicent Incentive Compensation Management
Performance improvement plans
SAP SuccessFactors
8.0
Varicent Incentive Compensation Management
Review status tracking
SAP SuccessFactors
8.8
Varicent Incentive Compensation Management
Review reminders
SAP SuccessFactors
8.3
Varicent Incentive Compensation Management
Multiple review frequency
SAP SuccessFactors
8.8
Varicent Incentive Compensation Management

Succession Planning

SAP SuccessFactors
8.4
Varicent Incentive Compensation Management
Create succession plans/pools
SAP SuccessFactors
8.5
Varicent Incentive Compensation Management
Candidate ranking
SAP SuccessFactors
8.1
Varicent Incentive Compensation Management
Candidate search
SAP SuccessFactors
8.6
Varicent Incentive Compensation Management
Candidate development
SAP SuccessFactors
8.4
Varicent Incentive Compensation Management

Recruiting / ATS

SAP SuccessFactors
5.9
Varicent Incentive Compensation Management
Job Requisition Management
SAP SuccessFactors
7.3
Varicent Incentive Compensation Management
Company Website Posting
SAP SuccessFactors
7.6
Varicent Incentive Compensation Management
Publish to Social Media
SAP SuccessFactors
7.0
Varicent Incentive Compensation Management
Job Search Site Posting
SAP SuccessFactors
7.3
Varicent Incentive Compensation Management
Duplicate Candidate Prevention
SAP SuccessFactors
6.9
Varicent Incentive Compensation Management
Applicant Tracking
SAP SuccessFactors
7.5
Varicent Incentive Compensation Management
Notifications and Alerts
SAP SuccessFactors
7.5
Varicent Incentive Compensation Management

Sales ICM

SAP SuccessFactors
Varicent Incentive Compensation Management
7.0
Sales compensation plan creation
SAP SuccessFactors
Varicent Incentive Compensation Management
7.2
Complex sales crediting
SAP SuccessFactors
Varicent Incentive Compensation Management
7.5
Sales compensation process automation
SAP SuccessFactors
Varicent Incentive Compensation Management
7.5
Incentive auditing/regulation compliance
SAP SuccessFactors
Varicent Incentive Compensation Management
7.7
Sales compensation dashboards & forecasting
SAP SuccessFactors
Varicent Incentive Compensation Management
6.5
Incentive modeling
SAP SuccessFactors
Varicent Incentive Compensation Management
6.8
Agile incentive strategy
SAP SuccessFactors
Varicent Incentive Compensation Management
7.0
ICM mobile visibility
SAP SuccessFactors
Varicent Incentive Compensation Management
5.9

Pros

SAP SuccessFactors

  • Assignment Profile: This is an automated way of assigning courses and activities to users (through user interface configuration or through data feed synchronization).
  • Plateau Reports Designer: A client tool to customize the reports in SAP SuccessFactors Learning, widely used by most of the large organizations.
  • BizX integration: It's a SuccessFactors Business Execution (BizX) platform to connect the talent management and human resource management. It has a comprehensive view of the organization's resources skills, expertise, experience, and competency, etc.
  • Domain, Domain Restrictions and Roles: This is mainly to create an organizational structure and to provide the needed security permissions.
  • Integration with Jam, Skype and WebEx, etc.
Anonymous | TrustRadius Reviewer

Varicent Incentive Compensation Management

  • Flexibility - Varicent is not template based. You can implement the model specifically for your organisation.
  • Scalability - Since it is not stick to templates you are able to expand the model for other domains as well.
  • Reporting - Several ways of reporting are possible and each has their own benefit/purpose.
  • Strong/Powerfull Calculation Engine delivering fast results/speed to insight
  • User Interface is minimized to what you need and is not showing off all the functions it can "also" do
  • Strong audittrail
  • Appears to be almost unlimited in what you are able to create
Anonymous | TrustRadius Reviewer

Cons

SAP SuccessFactors

  • The app for ios and android have room for improvement. They are aware of the limitations but amount of access and functionality is not where it needs to be.
  • The homepage of Successfactors takes longer to load and refresh itself. Especially true when viewing employee files. That is partially due to how much information is having to show on the page but it still seems to take more time than usual to show each screen.
  • You can't change the amount of time the homepage will lock you out from inactivity. This might seem minuscule but it causes so many painful re-logins and time wasting effort to login again. There currently isn't an option to change the time before lockout.
Adam Kasten, PHR | TrustRadius Reviewer

Varicent Incentive Compensation Management

  • Zions Bancorporation takes security very seriously. While we have NOT had any security issues with ICM, with it being a cloud application, our internal infosec team really wants some kind of MFA (multi factor authentication) support for off corporate network access.
  • The ICM internal workflow manager is not as flexible as we would like. For what it does, it works extremely well. However, for our purposes, it would not fit our process so we created our own workflows using presenter reports, scheduler and automated data imports. We'd love to be able to use the internal workflow and I think with recent improvements we're getting close but it's just not there yet.
  • In order to send emails to users (ie. payments need approval) we had to write an external python script. It works well but for most admins, they are not able to support it. It would be nice to have the ability to send emails based on defined triggers. The built in workflow can do this but as mentioned previously, we are not able to use it.
  • I'd like to have the ability to run a partial calculation. Currently, there is only an option to run a full system calc or a single calculation. I would like the ability to run a stream of calcs (ie. from a parent down to all children only).
David Hauptman | TrustRadius Reviewer

Likelihood to Renew

SAP SuccessFactors

SAP SuccessFactors 7.0
Based on 12 answers
Support is still lacking. If we don't have a critical business need where we're looking to license something new, there is no partnership with SuccessFactors. Unless of course you purchase the Platinum Support which we did not. It is difficult for us to take advantage of new functionality when we have professional services fees that will be incurred as a result. We're in a tough economy and our budgets are slim. We don't have wiggle room to add $5k here or $10k there. The overall integration into a total HCM solution is also lacking.
Anonymous | TrustRadius Reviewer

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 8.2
Based on 9 answers
Customer support from IBM is impeccable. They are quick to respond and they don't nickel and dime you for every request you make. Their goal is to ensure your success and as a user, I really feel like they listen to my concerns. That's not to say there are no problems. All software has its issues, but I don't feel like those issues fall on deaf ears.
Matthew Burgos | TrustRadius Reviewer

Usability

SAP SuccessFactors

SAP SuccessFactors 8.0
Based on 2 answers
To develop all objectivity of researches.
Anton Smorodin | TrustRadius Reviewer

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.4
Based on 33 answers
Varicent Incentive Compensation Management interfaces are improved quite often. Ergonomy is improved as well. This results in a better understanding and usage of the tool by back-end users. The tool is also API enabled, which is great when thinking of the implementation of special technical needs. [Debugging] is easier and done faster. From the front end POV, the results are reachable easier and faster. Browsing through the different reports is more intuitive.
Anonymous | TrustRadius Reviewer

Reliability and Availability

SAP SuccessFactors

No score
No answers yet
No answers on this topic

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 8.6
Based on 2 answers
Never went down in last 3 years that I worked with it (every hour of the day basically).That is a 10 in my book.
Anonymous | TrustRadius Reviewer

Performance

SAP SuccessFactors

No score
No answers yet
No answers on this topic

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.7
Based on 2 answers
All is fast, but with API's it is sometimes slower due to the application we are pulling data from.Reports are loaded directly or within seconds and our reports are very detailed with many columns and rows.
Anonymous | TrustRadius Reviewer

Support Rating

SAP SuccessFactors

SAP SuccessFactors 6.5
Based on 21 answers
The overall platform could use the updates, so the overall look of it seems more modern. Also, the number of possible customizations could be made more simple to implement. SAP SuccessFactors does have a helpline that is helpful and free. On a positive note, it is beneficial in our performance reviews and recruiting efforts.
Anonymous | TrustRadius Reviewer

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.9
Based on 5 answers
Giving a 10 would suggest there is no room for improvement. I don't feel like their support is perfect. However, I have never met another team that was more dedicated to making sure we get what we want and need.
Matthew Burgos | TrustRadius Reviewer

In-Person Training

SAP SuccessFactors

No score
No answers yet
No answers on this topic

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.7
Based on 2 answers
The training was good in general with a nice trainer as well.But, the training could be better if it is more focussed on our process/data etc.
Anonymous | TrustRadius Reviewer

Online Training

SAP SuccessFactors

SAP SuccessFactors 8.0
Based on 1 answer
No answer on this topic is available.

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.7
Based on 2 answers
There is a learning portal with many videos about navigation, creating reports and managing your model.
Anonymous | TrustRadius Reviewer

Implementation Rating

SAP SuccessFactors

No score
No answers yet
No answers on this topic

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 8.2
Based on 4 answers
Test test test. Make sure that the product is calculating everyone 100% correctly. DO NOT accept a 70% pass rate as some companies would like to have you believe is acceptable. This means conducting thorough testing by providing 100% of all expected results, but it will be worth it when you know that the compensation plans are working entirely as expected.
Matthew Burgos | TrustRadius Reviewer

Alternatives Considered

SAP SuccessFactors

As a whole, SuccessFactors is tough to beat. It's at its best when all of the modules are working together. There are few competitors that offer the full talent suite.Individually, the quality of the modules can vary. The performance and goal management modules perform well but the recruiting one significantly lags its competitors. The recruiting world has seen a lot of advances in technology over the last few years but these have yet to trickle down into the SuccessFactors module.
Anonymous | TrustRadius Reviewer

Varicent Incentive Compensation Management

Out of all of the products I have ever evaluated for this space, Varicent is head and shoulders above the rest in my opinion. For me, I think of Varicent as akin to building an Access database while the other programs are like building an Excel data model. In Varicent you control everything from what tables are built to how they are leveraged with the calculations that you build. In the other tools, you are pushed into finding ways to leverage their pre-built mechanism of action and any deviation from what you build necessitates you to build a brand new plan. This is the key differentiator of a table driven system as opposed to a rule based one. The flexibility and usability is wholly unmatched.
Brandon Cole | TrustRadius Reviewer

Scalability

SAP SuccessFactors

No score
No answers yet
No answers on this topic

Varicent Incentive Compensation Management

Varicent Incentive Compensation Management 7.4
Based on 32 answers
It's in the nature of the core product to configure and scale to the needs of the organization--essentially to ingest data from multiple sources (internal and external) build the data transformation logic to whatever degree is required, then to publish the resulting data to the end user in the form of reports, web forms, files, etc.
Anonymous | TrustRadius Reviewer

Return on Investment

SAP SuccessFactors

  • Visibility to the organization was an immediate impact and socialized the value of the product immediately.
  • A common and aggregated performance process reduced time and energy spent on quarterly goal setting.
  • Consolidating performance to pay outputs reduced time in some manual audit processes.
Tony Deblauwe | TrustRadius Reviewer

Varicent Incentive Compensation Management

  • Fewer calculation errors as previous solution was manual based.
  • Ability to build tailored solutions in ICM to entice Brokers to write business for ANZ.
  • Allows the Broker Managers to easily to see what commissions they are going to pay in the next Commission Run payment cycle and make changes if required.
Fotios Rassias | TrustRadius Reviewer

Screenshots

Pricing Details

SAP SuccessFactors

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Varicent Incentive Compensation Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

SAP SuccessFactors
7.2
Varicent Incentive Compensation Management
7.7

Likelihood to Renew

SAP SuccessFactors
7.0
Varicent Incentive Compensation Management
8.2

Usability

SAP SuccessFactors
8.0
Varicent Incentive Compensation Management
7.4

Reliability and Availability

SAP SuccessFactors
Varicent Incentive Compensation Management
8.6

Performance

SAP SuccessFactors
Varicent Incentive Compensation Management
7.7

Support Rating

SAP SuccessFactors
6.5
Varicent Incentive Compensation Management
7.9

In-Person Training

SAP SuccessFactors
Varicent Incentive Compensation Management
7.7

Online Training

SAP SuccessFactors
8.0
Varicent Incentive Compensation Management
7.7

Implementation Rating

SAP SuccessFactors
Varicent Incentive Compensation Management
8.2

Scalability

SAP SuccessFactors
Varicent Incentive Compensation Management
7.4

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