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Forma Ai has been an excellent solution for businesses that previously had to process commissions for their employees manually using …
Overview
What is Forma Ai?
Forma Ai is a sales compensation solution powered by a collective data model, designed to assist organizations of various sizes in optimizing their sales compensation strategy. This platform is specifically tailored for enterprise-level businesses and is utilized by professionals in sales operations/...
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What is Forma Ai?
Forma Ai is a sales performance management software made in Toronto. Their automation and prediction products are powered by AI logic and prediction engines to orchestrate sales performance.
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For the latest information on pricing, visithttps://www.forma.ai/pricing
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Product Details
- About
- Competitors
- Tech Details
What is Forma Ai?
Forma Ai is a sales compensation solution powered by a collective data model, designed to assist organizations of various sizes in optimizing their sales compensation strategy. This platform is specifically tailored for enterprise-level businesses and is utilized by professionals in sales operations/comp, sales leadership, finance, human resources, and compensation and benefits sectors.
Key Features
Sales Compensation Software: According to the vendor, Forma Ai offers a software solution that empowers organizations to design, execute, and optimize their sales compensation strategy within a unified platform.
Orchestrate sales comp strategy and operations with end-to-end automation: Forma Ai provides end-to-end automation for sales compensation strategy and operations, streamlining the entire process from design to execution.
Data-Driven Sales Performance Management: The vendor claims that Forma Ai leverages a collective data model to deliver data-driven insights for sales performance management.
Manage any quota, territory, and comp structure with ease: Forma Ai allows organizations to effortlessly manage any quota, territory, and compensation structure.
Unlock revenue with continuous optimization: According to the vendor, Forma Ai enables real-time sales performance analytics and seamless change deployment, empowering organizations to identify and capture live revenue opportunities.
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Product Introduction
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Forma Ai Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
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- Business Problems Solved
Forma Ai has been an excellent solution for businesses that previously had to process commissions for their employees manually using spreadsheets. With the software's commission automation, users have been able to save time and effort by streamlining the entire process. The platform allows them to program complex sales compensation structures with accuracy and timeliness, which has helped them revamp their total compensation process over the years.
Users have praised the transparency offered by Forma Ai in the data processed towards employee commission payout. Employees can view their commission breakdown by transactions, giving them confidence in the processing and allowing businesses to achieve greater employee satisfaction. The dashboards also provide a snapshot graphical representation of the YTD monthly compensation summary, which is helpful for users. Additionally, the software's ability to handle many demanding aspects of a user's business, such as programming hundreds of unique sales compensation plans, has been well-received.
Overall, Forma Ai has solved business problems related to processing commissions for employees and provided data that businesses never had before. By offering transparency and automating the commission process, users can focus on their business needs more efficiently rather than programming technical issues.