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Varicent

Varicent

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.

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Recent Reviews

Varicent's masterpiece

9 out of 10
February 16, 2024
Incentivized
Varicent SPM is used for incentive compensation management for real estate line of business and solves for the problem of complex business …
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Making work easy.

9 out of 10
February 15, 2024
Incentivized
The upside of Varicent is its ease of implementation and ability to draw results instantly without publishing the calculations every time. …
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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

View all 8 features
  • Complex sales crediting (48)
    7.5
    75%
  • Sales compensation process automation (52)
    7.3
    73%
  • Sales compensation plan creation (48)
    7.3
    73%
  • Sales compensation dashboards & forecasting (47)
    6.6
    66%

Reviewer Pros & Cons

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MB
Muneeb Baig
Analyst
TD Bank (Banking, 5001-10,000 employees)
Verified User
Program Manager in Information Technology
Financial Services Company, 10,001+ employees
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Pricing

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Varicent

Varicent

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

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Alternatives Pricing

Visdum

Visdum

$35
per month per user
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.…

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Product Demos

Interactive Product Tours of Varicent Solutions | Varicent

www.varicent.com
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Features

Sales ICM

Features around incentive compensation management for sales

6.8
Avg 7.7
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Product Details

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

Screenshot of Varicent providing clarity and transparency to sellers, helping them to find answers faster and have confidence in compensation plans.Screenshot of Tools for sellers that help them align strategic initiatives, and that help them understand which deals will help them win.Screenshot of Varicent ICM model compensation plans that display the financial impact of changes. Its ability to more accurately forecast commission payouts with “what-if” assumptions, users can budget more effectively for sales compensation costs, manage target total compensation for sales representatives and assess plan effectiveness.Screenshot of Shareable information sent to the right people to drive the right results.

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...
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Varicent Integrations

Varicent Competitors

Varicent Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Windows Phone, Mobile Web
Supported CountriesGlobal
Supported LanguagesChinese-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.

Anaplan, CaptivateIQ, and SAP Sales Cloud are common alternatives for Varicent.

Reviewers rate Complex sales crediting highest, with a score of 7.5.

The most common users of Varicent are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(124)

Attribute Ratings

Reviews

(1-15 of 15)
Companies can't remove reviews or game the system. Here's why
November 01, 2021

Sales Performance Management -- Varicent

Kumar Manas | TrustRadius Reviewer
Kumar Manas
IBM ICM Consultant
Skoruz Technologies (Information Technology & Services, 51-200 employees)
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Renew
10
Almost all our problem has this one-stop solution. And with so many innovations (like Adaptive Reports etc.) it's becoming easier and smoother to use the tool. The maintenance is very easy, doesn't require a highly skilled person and admins can be trained easily. Incentive compensation calculation is easy and always gives the correct result. Configuration of table is easy.
October 29, 2021

Great product without limits

Verified User
Project Manager in Finance and Accounting
Information Technology & Services Company, 10,001+ employees
Score 8 out of 10
Vetted Review
Verified User
Likelihood to Renew
8
Easy to use application, with a complete set of features. The application is often updated to provide new functionnalities. Support is effective.
February 25, 2015

Varicent is the clear cut leader in Incentive Compenation Management.

Matthew Flotard | TrustRadius Reviewer
Matthew Flotard
Business Analyst
Stryker (Medical Devices, 10,001+ employees)
Score 8 out of 10
Vetted Review
Verified User
Likelihood to Renew
8
Varicent is a system you build for your unique needs and business objectives. Once this is in place you can adjust and change accordingly. This system has the flexibility to change in correlation with the needs of your business. From simple viewing adjustments to changing the whole landscape of your operations this system can be modified in whatever direction necessary. Also with the growing popularity of handheld devices this system is at a huge advantage by being accessible from the Ipad.
February 25, 2015

Varicent for Comp Plan Creation

Verified User
Administrator in Corporate
E-Learning Company, 1001-5000 employees
Score 7 out of 10
Vetted Review
Verified User
Likelihood to Renew
8
Until I find another system that can do the creation and maintenance of the plans, and not the payout as most of the systems focus on, I will remain with Varicent. It took over 6 months of planning with the implementation team, working with them side by side and that time is precious to a department of 2 people. To develop another system to give us the same information Varicent does would take just as long and the system may not be as flexible as Varicent.
March 14, 2014

Varicent Implementation / System Administrator

Nicole Rutkowski | TrustRadius Reviewer
Nicole Rutkowski
Sales Compensation Analyst
Stryker (Medical Devices, 10,001+ employees)
Score 9 out of 10
Vetted Review
Verified User
Likelihood to Renew
10
Varicent support has great customer services and they have a very fast turn around time for hot fixes. Varicent stays up to date with their new product releases; they take their customers recommendations seriously. It seems like every few years they are rolling out a new release which includes many upgrades. Not mention the upgrade process is seamless.
March 12, 2014

Varicent, empowering the Sales Organization

Matthew Burgos | TrustRadius Reviewer
Matthew Burgos
Sr. Compensation Systems Analyst
Robert Half International (Staffing and Recruiting, 5001-10,000 employees)
Score 10 out of 10
Vetted Review
Verified User
Likelihood to Renew
10
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.
March 12, 2014

Performance Engineering with Sales Performance Management

Abraham Thomas, MBA, PMP | TrustRadius Reviewer
Abraham Thomas, MBA, PMP
Business Analyst
CSC NPS Business Services (Information Technology and Services, 10,001+ employees)
Score 7 out of 10
Vetted Review
Verified User
Likelihood to Renew
8
Varicent was a good client with a strong software application and I would be happy to do business with them if the released newer versions with different functionality or architecture to measure performance.
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