Varicent ICM.
We use it for calculating compensation payments & performance, creating dashboards & reports, and creating workflows and business …
Overview
What is Varicent?
From quotas to sales and compensation, Varicent helps revenue leaders in enterprise organizations chart a more effective, connected path to revenue by providing vital data, insights, and sales go-to-market planning tools.
Recent Reviews
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Complex sales crediting (48)7.575%
- Sales compensation process automation (52)7.373%
- Sales compensation plan creation (48)7.373%
- Sales compensation dashboards & forecasting (47)6.666%
Reviewer Pros & Cons
Pricing
N/A
Unavailable
What is Varicent?
From quotas to sales and compensation, Varicent helps revenue leaders in enterprise organizations chart a more effective, connected path to revenue by providing vital data, insights, and sales go-to-market planning tools.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
22 people also want pricing
Alternatives Pricing
What is Visdum?
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.…
Product Demos
Interactive Product Tours of Varicent Solutions | Varicent
www.varicent.com
Features
Return to navigation
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Varicent?
Varicent is a SaaS company that helps businesses fuel growth. Its suite of solutions support a company’s revenue journey, from results-driven planning and predictability to growth. Varicent helps companies worldwide to set smarter goals and territories to maximize revenue potential. Varicent enables teams with AI-driven insights to make better decisions and outdo previous performance, and to create incentive strategies that motivate the right behaviors to achieve revenue goals. To learn more about Varicent, visit www.Varicent.com.
Varicent, Varicent and design, and Symon are trademarks or registered trademarks of Varicent in the USA, Canada, and other countries.
Varicent Features
Sales ICM Features
- Supported: Sales compensation plan creation
- Supported: Complex sales crediting
- Supported: Sales compensation process automation
- Supported: Incentive auditing/regulation compliance
- Supported: Sales compensation dashboards & forecasting
- Supported: Incentive modeling
- Supported: Agile incentive strategy
- Supported: ICM mobile visibility
Additional Features
- Supported: Incentive plan management
- Supported: Sales events and eligibility management
- Supported: Modeling
- Supported: Assignments
- Supported: Data integration
- Supported: Dashboards and reporting
- Supported: Post pay management
- Supported: Workflows
- Supported: Analytics
- Supported: Pay data integration
Varicent Screenshots
Varicent Video
With a huge IT landscape that was continually changing, KPN needed a flexible incentive compensation solution that could help them prepare for the future. Since adopting Varicent Incentives, KPN has been able to reduce calculation time from 28 hours to 45 minutes. Working with...
Show More Varicent Integrations
- Salesforce Sales Cloud
- ERP
- CRM
- HCM
- Point-of-sale
Varicent Competitors
Varicent Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Linux, Mac |
| Mobile Application | Apple iOS, Android, Windows Phone, Mobile Web |
| Supported Countries | Global |
| Supported Languages | Chinese-simplified, Chinese-traditional, Dutch, English, French, German, Japanese, Italian, Korean, Portuguese (Brazil), Spanish, Swedish, Turkish, Polish |
Frequently Asked Questions
From quotas to sales and compensation, Varicent helps revenue leaders in enterprise organizations chart a more effective, connected path to revenue by providing vital data, insights, and sales go-to-market planning tools.
Reviewers rate Complex sales crediting highest, with a score of 7.5.
The most common users of Varicent are from Enterprises (1,001+ employees).
Comparisons
Compare with
Reviews and Ratings
(124)Attribute Ratings
Reviews
(1-25 of 67)Companies can't remove reviews or game the system. Here's why
February 20, 2024
Varicent ICM.
- Easy to use no IT background knowledge is needed.
- Payee web portal has user friendly interface.
- Being able to see the logic flow which makes troubleshooting easier.
- Customization requires some technical knowledge.
- Presenter adaptive has limited functionalities.
- Tool is not accessible friendly for disabled.
February 16, 2024
Varicent's masterpiece
- Incentive Compensation calculation
- Scheduled calculation
- Compensation reports
- Low code, configuration tool
- Cloud hosted SaaS
- Ease of reporting
- Real time source data integration
- Friendly tutorials
- Query control
February 15, 2024
My Incentive Performance Review
- Focus on core business functions.
- Increase operational or financial efficiencies.
- Accelerate service delivery.
- Adding more calcs add more time to calculations run.
- Dependencies on migration.
- Not accessible for disabled people.
February 15, 2024
Varicent - Sales Performance Management.
- Sales Planning.
- Maintain Data Quality - ELT
- Sales Incentives - Compensation.
- Data Visualization - Presenter Adaptive.
- Accessibility
- Performance Improvement for Business Rules / calculations.
- Turn Around time for Complex Support Tickets.
February 15, 2024
ICM Review
- Calculate Compensation.
- Workflows
- Reports
- Calculation Run Times.
- Accessibility
February 15, 2024
Making work easy.
- Comp management.
- Reporting
- Dashboards
- UI
- Better functionality of calccs.
January 26, 2024
Decent Partner in the ICM Space
- Calculate commissions
- Robust reporting
- Great user portal for plan participants
- Better direct access to support (i.e. phone contact vs. logging a support ticket)
- More consistent table structure
- Make changes to table entries easier (i.e. vs. having to upload small changes)
January 22, 2024
Usability of Varicent
- Dashboards creation
- Web reports
- Calculations
- Presenter Adaptive reports
- Dashboards
- Imports
January 19, 2024
Flexible but use it for what it is designed to do!
- Easy to configure inbound interfaces.
- Runs a number of complex multi-step calculations.
- Easy to configure any plan.
- Online performance.
- Real-time calculations where user enters and system calculates.
- Real-time workflow, i.e., manager releases statement, employee can see statement right away and not the next day only.
January 18, 2024
Successful 10 year partnership with Varicent
- Varicent has the flexibility to perform any calculations needed for compensation or reporting.
- Varicent has a user friendly web interface for sales reps and leaders.
- Varicent provides many options for importing and exporting data in a variety of formats and from disparate source systems.
- The Document management and acknowledgement module has been challenging to use but has been redesigned for 2024.
- It would be useful to have more features targeting plan modeling, forecasting and what-if scenarios
January 18, 2024
Onboarding Varicent
- Updated plug and play applications
- Covers all my needs from basic to elaborate plan build capabilities and plan documents
- Yearly summits, regional meetings, and customer service
- If you want something unique added, Varicent asks you to add to their community forum. If enough people want the same option, then they will build it. Otherwise, you have to wait, and it may not get built.
January 16, 2024
Good data in, good payroll out.
- Accuracy of calculations.
- Ability to 'lock' results used to pay sellers.
- Calculation speed is impressive given the volume of data coming in.
- Visualizations lag behind other 'big data' analytics platforms, but Varicent continuously makes significant improvements.
January 16, 2024
Varicent not worth the expense or hassle
- Stores historical data
- Fairly customizable in application of various compensation plans
- Design and implementation is horrible
- Customer Service
- Quality Control
- Reporting flexibility
- General ease of use from an administrative standpoint
January 15, 2024
Overall Varicent Satisfaction
- Very user friendly
- Timely process
- Technology support is exceptional
- Ownership on component builds
- Better understanding of customer needs
- More integrated testing process
January 15, 2024
Good Value Incentive Compensation System, Highly Customizable!
- I like how clear the table structure can be on the backend.
- I like how customizable the reports can be.
- We have had issues with users making changes while a calculation is running, which results in an error of some sort.
- Varicent has also introduced product updates without warning that negatively impact our system and we did not have time to prepare for that impact.
January 15, 2024
Varicent Review: Analyst
- It is very flexible when accommodating different calculations and business rules
- The new reporting is sleeker to use and more user friendly
- Admins of the system have an easy time navigating the tool even with minimal technology experience
- SQL is accessed in the settings menu with a few clicks. It would be nice if it were easier to navigate to it
- Portal access can get messy easily. Improving how to set it up would be beneficial
January 15, 2024
Easy to Develop, Smart and Intuitive Solution
- Designing complex compensation plans
- Implement Approval process
- Automating new Payee onboarding
- Reporting
- Logs
January 15, 2024
Varicent Boon or Bane?
- ETL Process
- Reduced Calculations Time
- Dashboards
- The effective dated setup within the configuration tables should prompt any issue if the configuration is done incorrectly
- Workflows can be much better. One of the basic things is to reflect the workflow is within the workflow setup so we get to know which workflow is pending
January 14, 2024
Varicent Does the Job, and Does it Well
- Complete scheduler events
- Allow testing in other environments
- Send and receive files
- Logging and not having a centralized area to view all logs
- Nested items on the UI - have a hard time finding them
- Inability to add code directly
January 13, 2024
Lots of features but a fairly large learning curve
- It is very flexible
- It allows for interactive feedback from end users
- The UI for admins is poor
- Better detail of what happens when joining data sources to understand why end results are what they are
May 01, 2023
Varicent is good!
- Compensation Management
- compliance with internal policies
- flexibility to accommodate changing business needs
- regulatory requirements
- User Interface and Ease of Use
- Flexibility and Customization
- Integration Capabilities
- Hard to maintain on-prem- Too many components
April 25, 2023
I love using Varicent Incentive Compensation Management!
- Updates
- Sections out categories
- Easy to read
- Goes down sometimes
- Visually not appealing
- Could use graphs
June 09, 2022
Know where your money is and it's as easy as that!
- Dashboards
- Accurate Reporting
- Compensation Summary
- Present inbox items to sign in a easier manner
June 07, 2022
Magnificent Varicent! Best sales compensation performance insight tool I have used in my career
- amazing sales performance insight
- comprehensive dashboard visualization
- detailed transaction history
- more detailed report / export capabilities would be nice
- Approval process all integrated.
- Calculation time is very fast.
- Number of users is limitless.
- Presenter reports could be easier to write.
- Approval process should have the amount approved in the approval history.
- Importing adjustments via upload - should be direct to tables and not scheduler.