Time to get your plans out of Excel--this is Xactly what you need!
October 31, 2020
Time to get your plans out of Excel--this is Xactly what you need!
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Xactly Incent
We use Xactly Incent to manage all of our sales comp plans. Incent handles all of the calculations we used to handle in Excel and allows us to keep a record of all plan changes and versions in one central location. Our sales teams are able log in and view their sales on a monthly basis and see how their commissions are impacted; our compensation team uses it daily.
- Commission Plan Administration
- Commission Calculation
- More complexity within rate tables: it would be awesome to combine the formula functions within rate tables; rate table versioning where tiers can change from one version to another
- Removes human error component
- Reduces errors
- Reporting is more efficient
Using Incent has allowed us more time to review compensation on a more regular basis. Comp plans are reviewed on a yearly basis only.
We only use Incent for calculation purposes. We use a homegrown system for quotas and forecasting.
HR uses it to house sales comp offer letters and OTC variables. For the most part, they don't leverage it though.