Easy to Develop, Smart and Intuitive Solution
January 15, 2024

Easy to Develop, Smart and Intuitive Solution

Hemant Joshi | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Varicent

Prior to using Varicent, we were handling incentive payouts for around 4000 payees manually. Tasks like payouts, approval process, incentive summaries, and then reporting, almost all were done on different tools which was tiresome and difficult to manage. After we started using Varicent, we can now look after all these tasks from a single tool which saves us abundance of time and energy for other stuff.
  • Designing complex compensation plans
  • Implement Approval process
  • Automating new Payee onboarding
  • Reporting
  • Logs
  • Fewer compensation calculation errors
  • Increased transparency
  • More compliant process
Easy to use and manage
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.

Do you think Varicent delivers good value for the price?

Yes

Are you happy with Varicent's feature set?

Yes

Did Varicent live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Varicent go as expected?

Yes

Would you buy Varicent again?

Yes

Varicent has made designing complex compensation plans very easy. Using its different modules we were able to implement Approval process, Incentive summaries, automating new Payee onboarding and scheduling different jobs very easily and smoothly.

Varicent Feature Ratings

Sales compensation plan creation
9
Complex sales crediting
9
Sales compensation process automation
9
Incentive auditing/regulation compliance
9
Sales compensation dashboards & forecasting
7
Incentive modeling
9
Agile incentive strategy
8
ICM mobile visibility
5