What are Xactly Commission Expense Accounting's top competitors?

CaptivateIQ , Spiff , and Optymyze are common alternatives for Xactly Commission Expense Accounting.

Who uses Xactly Commission Expense Accounting?

The most common users of Xactly Commission Expense Accounting are from Enterprises (1,001+ employees).

Xactly Commission Expense Accounting Reviews & Ratings 2023

Name: Commission Expense Accounting Solution & Tools | Xactly Corp
Uploaded: 2019-09-10T16:24:24.000Z
Duration: 2 min 38 s
Description: Commission Expense Accounting Solution & Tools | Xactly Corp

Overview

What is Xactly Commission Expense Accounting?

Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution—with full capitalization and amortization capabilities—that lets companies monitor performance obligations and ensure compliance with ASC 606 and IFRS 15 standards. Their Intelligent Revenue Platform enables Xactly to align planning,…

Recent Reviews

CEA makes ASC606 compliance easy

8 out of 10

July 26, 2021

Incentivized

Xactly CEA is allowing us to be in compliance with ASC606 without having an additional person calculating commissions and maintaining a …

Obero CEA User

6 out of 10

June 13, 2019

Incentivized

The accounting department owns CEA. We have both a 605 and a 606 instance, with different rules set up in each instance according to our …

Obero SPM Review

9 out of 10

October 20, 2017

Incentivized

Obero SPM is being used across the enterprise in finance to aggregate financial data and run models. The reports and templates are used by …

Read all 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

Return to navigation

Pricing

View all pricing

Xactly Commission Expense Accounting

N/A

Unavailable

What is Xactly Commission Expense Accounting?

Entry-level set up fee?

No setup fee

For the latest information on pricing, visithttps://www.xactlycorp.com/request-demo

Offerings

Free Trial
Free/Freemium Version
Premium Consulting / Integration Services

Would you like us to let the vendor know that you want pricing?

2 people also want pricing

Alternatives Pricing

MIP Fund Accounting

$249

per month

What is MIP Fund Accounting?

MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.

Xero

$13

per month

What is Xero?

Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features…

Return to navigation

Product Details

About
Competitors
Tech Details
Downloadables

What is Xactly Commission Expense Accounting?

Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution with capitalization and amortization capabilities that lets companies monitor performance obligations and ensures compliance with ASC 606 and IFRS 15 standards.

Xactly's goal is to bring together operational and intelligence capabilities to drive revenue operations success. Xactly's Intelligent Revenue Platform helps companies align planning, performance, and prediction functions into one cohesive platform. Xactly's ability to integrate Xactly CEA across the broader revenue engine helps users to make strategic decisions with revenue data at the user's fingertips.

Xactly Commission Expense Accounting Features

Show Unsupported Features

General Ledger and Configurable Accounting Features

Supported: Expense management
Supported: Regulations compliance
Supported: Self-service portal
Supported: Standardized Processes

Customization Features

Supported: API for custom integration

Additional Features

Supported: Dynamic True-Ups
Supported: Reporting Library
Supported: Integrated Workflow and Process Management
Supported: Full and Modified Retrospective Approaches
Supported: Full Capitalization and Amortization Support
Supported: Secure and Accurate System of Record

Xactly Commission Expense Accounting Screenshots

Screenshot of Commission Expense Accounting Reports Home

Screenshot of Commission Expense Accounting Portfolio Summary

Screenshot of Commission Expense Accounting Journal Entries

Screenshot of Commission Expense Accounting Amortization Schedule

Xactly Commission Expense Accounting Video

Commission Expense Accounting Solution & Tools | Xactly Corp

Xactly Commission Expense Accounting Competitors

Xactly Commission Expense Accounting Technical Details

Deployment Types	Software as a Service (SaaS), Cloud, or Web-Based
Operating Systems	Unspecified
Mobile Application	No
Supported Countries	North America, Mexico, EMEA, ANZ
Supported Languages	English, French, German, Italian, Spanish

Xactly Commission Expense Accounting Downloadables

Xactly CEA Product Overview

Return to navigation

Comparisons

View all alternatives

Compare with

Reviews and Ratings

(6)

Attribute Ratings

9.8
Implementation Rating2 ratings

Reviews

(1-3 of 3)

Sort By

Companies can't remove reviews or game the system. Here's why

July 26, 2021

CEA makes ASC606 compliance easy

Verified User

Administrator in Finance and Accounting

Business Supplies and Equipment Company, 201-500 employees

Score 8 out of 10

Vetted Review

Verified User

Incentivized

Use Cases and Deployment Scope

Xactly CEA is allowing us to be in compliance with ASC606 without having an additional person calculating commissions and maintaining a massive spreadsheet.

Pros and Cons

Amortization & capitalization.
Follow set rules defining when/how certain payments are expensed.

Formatting of some reports in Excel isn't ideal when exported.
Expense rules are on the back end which requires asking support to update (although these are handled quickly).

Likelihood to Recommend

CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.

Xactly Commission Expense Accounting Feature Ratings

General Ledger and Configurable Accounting (21)

4.761904761904762%

0.5

Accounts payable: N/A
N/A
Accounts receivable: N/A
N/A
Cash management: N/A
N/A
Bank reconciliation: N/A
N/A
Expense management: N/A
N/A
Time tracking: N/A
N/A
Fixed asset management: N/A
N/A
Multi-currency support: N/A
N/A
Multi-division support: N/A
N/A
Regulations compliance: N/A
N/A
Electronic tax filing: N/A
N/A
Self-service portal: N/A
N/A
Global Financial Support: N/A
N/A
Primary and Secondary Ledgers: N/A
N/A
Intercompany Accounting: N/A
N/A
Localizations: N/A
N/A
Journals and Reconciliations: 100%
10.0
Enterprise Accounting: N/A
N/A
Configurable Accounting: N/A
N/A
Centralized Rules Framework: N/A
N/A
Standardized Processes: N/A
N/A

Inventory Management (4)

N/A

Inventory tracking: N/A
N/A
Automatic reordering: N/A
N/A
Location management: N/A
N/A
Manufacturing module: N/A
N/A

Order Management (7)

N/A

Pricing: N/A
N/A
Order entry: N/A
N/A
Credit card processing: N/A
N/A
Cost of goods sold: N/A
N/A
Order Orchestration: N/A
N/A
End-to-end order visibility: N/A
N/A
Order exception Resolution: N/A
N/A

Payroll Management (5)

N/A

Pay calculation: N/A
N/A
Benefit plan administration: N/A
N/A
Direct deposit files: N/A
N/A
Salary revision and increment management: N/A
N/A
Reimbursement management: N/A
N/A

Reporting & Analytics (3)

60%

6.0

Dashboards: N/A
N/A
Standard reports: 90%
9.0
Custom reports: 90%
9.0

Customization (2)

N/A

API for custom integration: N/A
N/A
Plug-ins: N/A
N/A

Security (2)

N/A

Role-based user permissions: N/A
N/A
Single sign-on capability: N/A
N/A

Return on Investment

Prevented adding an additional head.
Easy way to comply with ASC606.

Alternatives Considered

Spiff and CallidusCloud CLM

CEA was easy to use, easy to implement, and at the right price.

Implementation Rating

Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).

June 13, 2019

Obero CEA User

Verified User

Manager in Finance and Accounting

Computer Software Company, 1001-5000 employees

Score 6 out of 10

Vetted Review

Verified User

Incentivized

Use Cases and Deployment Scope

The accounting department owns CEA. We have both a 605 and a 606 instance, with different rules set up in each instance according to our policies under the different standards. Our financials for the year ended January 31, 2019. That was the first year we were live with 606, so now we use the 606 instances exclusively. CEA provides us with automated amortization waterfalls and journal entries. In a perfect state, we would be able to download the journal entries and upload directly to NetSuite. However, due to the state our ICM system where commissions are not calculated accurately or timely, this is not possible. In addition, we are a publicly traded company and the system is not in compliance with our ITGCs, so there is a lot of additional manual checks that I must perform before booking entries.

Pros and Cons

Amortization waterfalls
Locked periods & PPA adjustments
Journal entries

Not possible to make back-end changes to amortization schedules independently (for example, if departments need to be changed).
Impossible to change rules without customer support, for example, if a new plan is added.
Have to run separate amortization schedules for each subsidiary rather than at a consolidated level.

Likelihood to Recommend

Well suited if the company has an ICM solution that can produce accurate data on a timely basis. Not well suited for companies where commission calculations are not automated. Not well suited for companies with frequent plan changes.

Xactly Commission Expense Accounting Feature Ratings

General Ledger and Configurable Accounting (6)

45%

4.5

Multi-currency support: 70%
7.0
Multi-division support: 70%
7.0
Journals and Reconciliations: 70%
7.0
Configurable Accounting: 20%
2.0
Centralized Rules Framework: 20%
2.0
Standardized Processes: 20%
2.0

Inventory Management

N/A

Order Management

N/A

Payroll Management

N/A

Reporting & Analytics (3)

20%

2.0

Dashboards: 20%
2.0
Standard reports: 20%
2.0
Custom reports: 20%
2.0

Customization

N/A

Security (2)

80%

8.0

Role-based user permissions: 80%
8.0
Single sign-on capability: 80%
8.0

Return on Investment

No longer need to calculate amortization of deferred commissions.
With CEA, it takes 60 hours per month to do a commissions accounting close. This is due to manual controls needed for SOX compliance and the poor state of ICM.

Implementation Rating

Clean up existing data before uploading it! Consider the fields used to create a unique identifier and whether this will cause problems— manual adjustments often need to be adjusted because of duplicates. Consider what is needed on the ICM side to ensure accurate accounting and ease of configuration on the CEA side.

Alternatives Considered

We selected Xactly CEA for ASC 606.

October 20, 2017

Obero SPM Review

Verified User

Analyst in Finance and Accounting

Financial Services Company, 10,001+ employees

Score 9 out of 10

Vetted Review

Verified User

Incentivized

Use Cases and Deployment Scope

Obero SPM is being used across the enterprise in finance to aggregate financial data and run models. The reports and templates are used by various business groups and can be accessed across functions to view data. The problems it addresses are instead of working on manual spreadsheets, the models calculate the required information and push it to separate models.