Varicent's masterpiece
February 16, 2024

Varicent's masterpiece

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

Overall Satisfaction with Varicent

Varicent SPM is used for incentive compensation management for real estate line of business and solves for the problem of complex business rules and plans for variable compensation. Our case involved daily & bi-weekly calculations based on product sales and volumes
  • Incentive Compensation calculation
  • Scheduled calculation
  • Compensation reports
  • Low code, configuration tool
  • Cloud hosted SaaS
  • Ease of reporting
  • Real time source data integration
  • Friendly tutorials
  • Query control
  • increased transparency into compensation plans
  • integration with sales reps using inquiry management
  • comp admin ease of operation
  • faster calculations
user friendly, low code, navigable
For immediate business needs, Varicent has been able to scrum and setup new environments quickly and responded to change in time
limited to SaaS, options enough to configure compensation and change on the fly
Initial comparison analysis was done but no insights into the outcome and why Varicent was chosen over Xactly

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?

Yes

Did implementation of Varicent go as expected?

Yes

Would you buy Varicent again?

Yes

Variable compensations where plans and business is complicated
Reporting can be improved

Varicent Feature Ratings

Sales compensation plan creation
8
Complex sales crediting
9
Sales compensation process automation
9
Incentive auditing/regulation compliance
9
Sales compensation dashboards & forecasting
7
Incentive modeling
6
Agile incentive strategy
7
ICM mobile visibility
7