Great System for constantly changing comp plans
October 30, 2019
Great System for constantly changing comp plans
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Xactly SimplyComp
We are using Xactly SimplyComp to improve our commissions reporting for our sales team. It has greatly improved the efficiency of sending out commissions statements to our sales team and provided increased visibility into quota attainment for our sales reps. Previously, the commissions were sent out via individual emails with a unique excel spreadsheet and pdf file provided to each user. Since adding Xactly, we now upload one data file each month and the system does all of the calculations for us. Users are able to access their commissions statements and easily download how their commissions are calculated. Our sales team has been very pleased with Xactly so far and our finance team saves approximately half a business day each month now that we don't have to send out individual statements. We have set an aggressive hiring target for our sales team and Xactly is enabling us to scale as the team grows.
- Reporting of financial statements is simple and easy to navigate.
- Plans can be customized to meet multiple different types of bonus/commission schedules.
- Salesforce integration further improves the automation of commission reporting.
- Administrators have the ability to add/remove plans as needed limiting the need to work with a support person everytime a change is made to the commission plan. This has been particularly useful in our company as we are still trying to develop the appropriate commission plan structure so we are frequently making changes to the existing platform. Our administrator has had no issues making changes as needed and can typically get them done quickly.
- Creating the plans can be somewhat challenging when you first start. There are some nuances to the system that require a user to remember to add a payment plan to the data set. This can be initially confusing but once it was explained, we have had no issues developing new plans.
- Certain bonus plans can be difficult to design in Xactly and the system can't do everything imaginable but for most plans, you should be able to design something that fits your needs.
- Huge improvement in processing efficiency. We currently are able to process 25 commission plans with a quick click of a button.
- The customization has enabled us to easily update plans as business needs arise. This has been especially helpful as we're still working to optimize our commission plan structure.
- Improved visibility into commission attainment by the sales team.
N/A - We did not evaluate other products prior to selecting Xactly SimplyComp.
Do you think Xactly SimplyComp (discontinued) delivers good value for the price?
Yes
Are you happy with Xactly SimplyComp (discontinued)'s feature set?
Yes
Did Xactly SimplyComp (discontinued) live up to sales and marketing promises?
Yes
Did implementation of Xactly SimplyComp (discontinued) go as expected?
Yes
Would you buy Xactly SimplyComp (discontinued) again?
Yes