Great tools if used for its purpose
April 01, 2021

Great tools if used for its purpose

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Varicent Incentive Compensation Management

Varicent ICM is used in the compensation process (Anual Compensation Review ) and to manage Differred compensation. The scope is worldwide.
  • Ability to implement complex functional rules
  • Great autonomy to design our own solution
  • Good performances with large volume of data
  • Real time calculation
  • User interface (in our implementation) could look better
  • ICM implementation at Soc Gen is not used for sales management
Usablity is good both on Admin console or Web
During the deployment phase, we had very specific requirment -not included in the standard- and the Varicent experts always provided a top support to deliver the expected functionality.
We have experienced a large deployment of the solution and the perfomance were still good.
We have both PeopleSoft and Varicent. The tools are used for similar process (compensation review ) but on different entities with different (not compatible) requirements.
ICM is particularly well suited when computing variable compensation based on sales performance (or any kind of commission) every month/quarter.
On the other hand it is not the perfect tool to build an application with complex user interface where user input data and expect to see the result instantly. Often there is a need for calculation hence delaying the result. (Unlike a trigger in a standard db).

Varicent Incentive Compensation Management Feature Ratings