Varicent is good!
May 01, 2023

Varicent is good!

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with Varicent Incentive Compensation Management

Varicent Incentive Compensation Management is a software solution designed to streamline and automate the process of managing and calculating incentive compensation for sales teams or other performance-based roles within an organization. It helps address several business problems related to incentive compensation administration
  • Compensation Management
  • compliance with internal policies
  • flexibility to accommodate changing business needs
  • regulatory requirements
  • User Interface and Ease of Use
  • Flexibility and Customization
  • Integration Capabilities
  • Hard to maintain on-prem- Too many components
  • sales-driven organizations,
  • Manual and Error-Prone Processes
  • Lack of Transparency and Visibility:
Is a user-friendly and intuitive software solution. It offers a range of features and functionalities aimed at simplifying the management and calculation of incentive compensation.
Product support is very attentive and proactive
Product scalability is very difficult to do. I believe it has many components (databases, infrastructure etc) and could be more simplistic, technically speaking
I just use varicent as for this tipe of application

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

Very well suited at Complex Compensation Structures, Manual and Error-Prone Processes and Lack of Transparency and Visibility

Varicent Feature Ratings

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