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.
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Awards
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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
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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
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 Details
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- 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).
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Reviews and Ratings
(124)Attribute Ratings
Reviews
(1-25 of 58)Companies can't remove reviews or game the system. Here's why
February 20, 2024
Varicent ICM.
The online support team has been responding quickly and efficiently to our problems. We had an incident due to a manual entry error from our team that ruined the entire logic and caused duplicate payments. However, from the expert support team's guidance, we were able to resolve the issue within a few hours.
February 16, 2024
Varicent's masterpiece
For immediate business needs, Varicent has been able to scrum and setup new environments quickly and responded to change in time
February 15, 2024
My Incentive Performance Review
Appreciate fast response times when they want to ask a question or highlight a problem.
February 15, 2024
Varicent - Sales Performance Management.
Varicent has always given good recommendations on how to improve the performance of our existing calculations. They provided an exhaustive list of various calculations that need to be split/modified which will help improve the calculation timings. We recently implemented a few of their suggestions and have seen a decent improvement in calculation run times.
February 15, 2024
ICM Review
Whenever we run into any issues like Calculations getting stuck or a Calculation not ending, the quick support from Varicent to resolve these issues has been great, and all recommendations given by Varicent to improve efficiency have been very valuable as well. Scheduled Backup restores are always done in a timely manner that doesnt disrupt our Scheduled work.
February 15, 2024
Making work easy.
Always provided instant support when any issue occurred. One time, there was an issue with migration, but good support was provided within a couple of days and resolved.
January 26, 2024
Decent Partner in the ICM Space
Was quickly able to decipher a glitch that prevented us from distributing comp plans to plan participants. However in most cases, they drag their fee and string us along claiming to be "working on" the issue, while in reality they seem to be hoping it will just go away or we will finally figure it out on our own.
January 22, 2024
Usability of Varicent
We have monthly calls with our CSM who regularly check if everything is working as per our needs and support on our issue tickets if they got delayed which is very rare.
January 19, 2024
Flexible but use it for what it is designed to do!
Implementation consultants worked diligently to allow us to deploy on time, and product enhancements were completed exceptionally fast to meet our deadlines as well. The entire Varicent team rallied to make our implementation a success. Defects were being fixed 24/7 using offshore teams. Even during implementation steps, defects were fixed on the fly.
January 18, 2024
Successful 10 year partnership with Varicent
We wanted to start using the native Inquiry/Dispute resolution module, which requires some expertise in order to customize the possible statuses and routing paths to our business. Varicent provided a dedicated professional services team member to guide us through the requirements definition and product customization. They want to see their customers succeed with the product and are collaborative and responsive if we need guidance or assistance.
January 18, 2024
Onboarding Varicent
I meet monthly with my Varicent customer team. They are quick to respond to any issue and direct us to the right support.
January 16, 2024
Good data in, good payroll out.
Prior to using Varicent, our commission statements were very bland. With help from Varicent, we now have commission statements with slick graphs, charts, and KPIs. There are links sellers can use to get into more detail to see what is driving their results this month. Feedback from the Field has been nothing but positive and this came together very quickly with help from Varicent.
January 16, 2024
Varicent not worth the expense or hassle
I cannot. There has not been once instance in the 18 months it took to implement our model.
January 15, 2024
Overall Varicent Satisfaction
A couple of months ago, while testing some component functionalities, the system was timing out (screen loop ongoing). I was able to IM our Varicent support team and they were able to reply with a quick turnaround response and opened up a ticket with their technical support in order to analyze the issue.
January 15, 2024
Good Value Incentive Compensation System, Highly Customizable!
I do not speak with support. Our system admins do. However, they usually get quick responses and escalated support for time sensitive needs.
January 15, 2024
Varicent Review: Analyst
When we had an issue related to a calculation bug, the support team spent time with us in meetings to fully understand the issue so that they could repeat and debug it on a copy of our model. Appreciation was expressed for their commitment to resolve the issue for us.
January 15, 2024
Easy to Develop, Smart and Intuitive Solution
We have weekly calls with the tech head and CSM who regularly check if everything is working as per our needs and support if it isn't.
January 15, 2024
Varicent Boon or Bane?
To be honest, we didn't have such an instance up till now where the service was exceptionally good.
January 14, 2024
Varicent Does the Job, and Does it Well
They respond immediately with production level issues. I have been on calls with the Varicent support team for multiple hours until the situation has been fixed, even with support workers switching out once their shifts are over. They are always nice and try their best to help with problems that we are facing.
May 01, 2023
Varicent is good!
Product support is very attentive and proactive
April 25, 2023
I love using Varicent Incentive Compensation Management!
I have never received support from Varicent directly.
June 09, 2022
Know where your money is and it's as easy as that!
N/A - never needed.
June 07, 2022
Magnificent Varicent! Best sales compensation performance insight tool I have used in my career
understanding last quarters sales numbers check target performance in a second
Varicent has been very fast when supporting us on tickets.
Varicent always provides exceptional support when tracking my paycheck for each month. Without it, I would be working blindly and the motivation to hit a new tier or to increase my check would be much lower. I am also excited to see what Varicent shows me the next day and week.