Flexible but use it for what it is designed to do!
January 19, 2024
Flexible but use it for what it is designed to do!
Score 6 out of 10
Vetted Review
Verified User
Overall Satisfaction with Varicent
We use it for executive and wholesale business compensation, which is largely discretionary compensation. It does not have any sales component, which makes us an "odd duck" amongst other Varicent customers. Also, because of the visibility of the application, we have a lot more requirements for usability and real-time calculations.
- Easy to configure inbound interfaces.
- Runs a number of complex multi-step calculations.
- Easy to configure any plan.
- Online performance.
- Real-time calculations where user enters and system calculates.
- Real-time workflow, i.e., manager releases statement, employee can see statement right away and not the next day only.
- Less expensive to maintain because using table-driven parameters for calculations.
- More transparency for employee statements.
- Operational efficiency with ability to upload data to tables manually.
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.
Do you think Varicent delivers good value for the price?
Not sure
Are you happy with Varicent's feature set?
Yes
Did Varicent live up to sales and marketing promises?
No
Did implementation of Varicent go as expected?
Yes
Would you buy Varicent again?
Yes