Xactly the way Variable Compensation should be!
January 02, 2024
Xactly the way Variable Compensation should be!
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Xactly Incent
Use Xactly Incent to pay quarterly and annual commissions and bonuses. It keeps track of all the bookings and payments made on particular orders. We have split assignments as well as various lines of business - which are brought in from SFDC, and Xactly Incent module is able to complete the calculations and the analytics module provides the reports that are used by our leaders.
- Keeps track of attainment
- Pays at an accelerated rate when attainment reaches a certain thresh hold
- prorates bonuses with a person's start date
- keeps track of ytd payments
- Proration of compensation from the effective date on the people record.
- Split of compensation where the position changes from one to the other mid month
- If one person needs a change in Hierarchy - the version need not be for ALL
- The field does not have to spend hours to figure out what they are getting paid for.
- The landing page gives a snap shot of the achievements.
- Query through Xactly makes it easy to keep track of our research and responses,
Modeling and comparing the impacts of the changes before actually making changes. We use the benchmarking as to compare where we are placed in relation to the similar sized companies (by employees) and by revenue), and in relation to variable compensation of similar industry.
They use it for accrual, and next year's quota planning
- CallidusCloud LeadRocket (discontinued)
Xactly is very user friendly, it can create and manage any type of compensation plan - from the simple to the complex. It can keep track of multiple types of quotas and their attainments. The landing page is great for setting reminders and also gives a quick snap shot for making decisions!
Do you think Xactly Incent delivers good value for the price?
Not sure
Are you happy with Xactly Incent's feature set?
Yes
Did Xactly Incent live up to sales and marketing promises?
Yes
Did implementation of Xactly Incent go as expected?
I wasn't involved with the implementation phase
Would you buy Xactly Incent again?
Yes