Name: Kennect
Author: Kennect

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### Sales Incentive Strategies
Reviewers consistently praise Kennect's sales incentive strategies and their impact on sales compensation and earnings. Users appreciate the platform's ability to automate and simplify the sales compensation process, integrate seamlessly with CRM systems, and provide valuable insights through reporting and analytics features. The flexibility to configure various key performance indicators (KPIs) and manage compensation plans for different teams and roles has been particularly well-received. Additionally, the real-time visibility of incentive earnings for large sales teams and the automation of KPIs, incentive calculations, and payouts have significantly improved efficiency and motivation among users.

### Compensation Management
Users consistently highlight Kennect's compensation management as a key strength, emphasizing its ability to streamline incentive calculations, provide real-time visibility into earnings, and effectively address incentive disputes. The platform's flexibility in configuring KPIs for different teams and roles, coupled with its automation of incentive calculations and payouts, has significantly reduced errors and delays in the compensation process. Additionally, users appreciate the transparency and efficiency brought about by Kennect, leading to a notable decrease in incentive queries and disputes. Despite some minor navigation issues that were promptly resolved, the overall sentiment towards Kennect's compensation management remains positive and impactful.

### Incentive Plan Implementation
Users consistently praise Kennect's incentive plan implementation capabilities. They highlight the platform's flexibility in handling complex incentive plans for large sales teams, ease of configuring key performance indicators, and the automation of incentive calculations and payouts. Additionally, users appreciate the platform's ability to minimize payout errors, provide real-time visibility of earnings, and reduce the number of incentive disputes. Kennect's swift implementation, transparency in incentive disbursements, and support in designing new incentive plans have garnered positive feedback from users.

### Performance Metrics and Reporting
Users consistently praise Kennect's performance metrics and reporting capabilities. The platform's reporting and analytics features are highlighted for providing valuable insights into sales performance, enabling informed decision-making. Reviewers appreciate the real-time visibility of incentive earnings for the sales team and the detailed reports that aid in in-depth analysis. Additionally, the ease of use and efficiency of the reporting module have garnered positive feedback, with users noting increased motivation and productivity as a result of the insights provided. The swift implementation and transparency offered by Kennect's reporting functionalities have significantly reduced incentive queries and disputes, further solidifying user satisfaction with the platform's performance metrics and reporting.

### Sales Operations and Efficiency
Users consistently praise Kennect's sales operations and efficiency features. The platform's ability to streamline sales tracking and enhance productivity has garnered positive feedback from users across various levels of the organization. With a user-friendly interface and real-time performance visibility, Kennect has successfully optimized sales operations, leading to increased efficiency and reduced manual work for sales teams. The platform's automation capabilities have significantly cut processing time and improved overall operational effectiveness. Users appreciate the transparency and ease of use that Kennect provides, making it a valuable tool for enhancing sales operations and efficiency.

### Sales Team Management
Users consistently highlight Kennect's sales team management capabilities as a key strength of the platform. They appreciate the real-time performance visibility provided to individual team members and the streamlined process of tracking sales data attribution. The platform's flexibility in accommodating complex scenarios and its user-friendly interface have garnered positive feedback from users across different hierarchies within the sales team. Additionally, the swift implementation and transparent reporting features have contributed to improved productivity and performance among field users and managers alike.

Kennect has proven to be a versatile tool that addresses several key business problems faced by sales teams. The solution provides real-time visibility of incentive earnings, which has increased user awareness of their earning potential and motivated them to perform better, resulting in improved productivity and direct impact on the company's performance. In addition to this, Kennect also automates KPIs, incentive calculations, and final payouts, reducing the reliance on Excel sheets for manual calculations that led to errors and delays in the final payouts.

Users have also reported that Kennect helps reduce payout errors while minimizing the number of queries from sales teams. Commission payouts are automated, cutting processing time by 90%, enabling complete details and underlying available with field force to avoid queries about discrepancies in earnings from Sales Reps. The solution also makes it easy to design commission structures as per user requirements on an ongoing basis while providing traceable payments with proper audit logs and custom reports to obtain data in the required format. Additionally, this modern solution plays an instrumental role in conveying changes in incentive plans, saving time and effort in uncertain times with ever-changing incentive plans. Overall, Kennect saves time and effort for sales operations teams while mitigating the primary issue of customizing sales incentive plans.

Kennect is a Sales Performance Management platform.  Kennect helps to build  adaptable products and services delivering planning, strategy, and optimization.

Winter 2017 / 10.4.6

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Kennect

Sales Commission/Compensation Planning software is for  administration of sales incentives like sales commissions and service rewards.

Sales Incentive Compensation Management

Sales ICM

Features around incentive compensation management for sales

Sales compensation plan creation

Easy for Sales to create incentive compensation plans without IT assistance.

Complex sales crediting

Users can set up complex crediting chains to attribute credit for sales to multiple tiers of employees and/or partners.

Sales compensation process automation

Automates processes related to sales compensation, like incentive and quota plans, approvals, dispute resolution, payroll processing, etc.

Incentive auditing/regulation compliance

Internal workflow and tracking elements create an audit trail and help ensure regulatory compliance.

Sales compensation dashboards & forecasting

Analytics tools give sales ops managers and/or reps a view into sales performance in terms of sales vs. quotas, as well as earnings so far and projected payouts. May include competitive stats.

Incentive modeling

Includes a sandbox or testing environment for users to explore what-if scenarios and develop incentive compensation strategies.

Agile incentive strategy

Incentive plans are flexible; users can create and adjust compensation plans and incentive rules in order to strategically adapt to changes in sales performance/the marketplace/corporate goals.

ICM mobile visibility

Real-time reports about sales performance and compensation are accessible on mobile devices; may also allow managers to update plans and/or reps to submit questions, disputes, etc.

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Sales Incentive Compensation Management Software

Kennect

Overview

What is Kennect?