Visdum is a Sales Compensation System built to help companies manage and optimize sales incentives, to produce a motivated sales team. Visdum is a no-code SaaS platform that allows companies to design and automate any compensation plan, with the flexibility to add SPIFFs, Bonuses, and Kickers. Visdum boasts mid-market SaaS companies like FarEye, Sirion Hubilo, Haptik - Reliance, DarwinBox, etc, as customers who automate their sales compensation process with the Visdum…
$35
per month per user
Xactly SimplyComp (discontinued)
Score 5.9 out of 10
N/A
Xactly SimplyComp is a sales incentive compensation planning application to support sales teams with accurate commission, and team performance tracking.
N/A
Pricing
Visdum
Xactly SimplyComp (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Visdum
Xactly SimplyComp (discontinued)
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
—
Contact Xactly for a demo and pricing.
More Pricing Information
Community Pulse
Visdum
Xactly SimplyComp (discontinued)
Features
Visdum
Xactly SimplyComp (discontinued)
Sales ICM
Comparison of Sales ICM features of Product A and Product B
Visdum is highly effective in scenarios requiring rapid adaptation of commission policies and automation of tailored reports to meet specific needs. Its flexibility shines when swift modifications are necessary, such as adding SPIFFs and Kickers, thus streamlining responsibilities significantly.While I love the reporting functionalities that Visdum provides, I would want to see more options around customizing these reports, for me to get the data that I need to see.
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
Visdum enables seamless communication through features like approvals, queries/dispute resolution, and statement uploads within a unified system.
Visdum offers exceptional customer support. Whenever I request customization of our workflow or reporting, their team promptly addresses the request and prioritizes it in their development queue.
The Visdum team is proactive in enhancing our analytics and streamlining approval processes based on our needs, demonstrating their commitment to supporting our workflow effectively.
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.
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.
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
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
Visdum has had a positive impact on our overall business objectives by excelling in scenarios where incentive structures undergo frequent changes.
The system promptly notifies updates, ensuring our team stays informed and adaptable. Additionally, Visdum facilitates access to historical data, enabling comprehensive analysis and informed decision-making based on past performance.
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.