Excentive Included in Leading Analyst Firms Sales Incentive Compensation Management Marketscope Report
Summary
While Excentive is a new player in many markets globally, including the US, the product has a solid track record and customer base in various sectors that use incentive compensation management such as financial services, insurance, telecom, manufacturing, and retail.With offices around the world, Excentive delivers a high ROI in a very short timeframe by enabling organizations to align variable compensation plans with strategic goals and rapidly deploy new sales and distribution strategies.For more information contact: North America: Jeff Yoder, Excentive, tel +1 203-820-1032, jeff.yoder@excentive.com Europe: Corine Barbazanges, Excentive, tel + 33 (0)1 74 71 42 28, corine.barbazanges@excentive.com Trumbull, CT, March 25, 2010 --( PR.com )-- Excentive, a leading global provider of sales performance management (SPM) and employee performance management (EPM) solutions, today announced that it received a “Promising” rating in Gartner’s 2010 research report entitled “Marketscope for Sales Incentive Compensation Management Software,” published on March 5, 2010 by Gartner Research Vice President Michael Dunne.The Gartner report highlights the business value of Sales Incentive Compensation Management (ICM) systems by predicting that “Through 2012, enterprises will miss the equivalent of 5% to 10% of annual sales as ‘lost opportunities’ that could have been captured through improved management of sales territories, quotas and compensation plans.” Gartner selected ten vendors, including Excentive, to review in the Marketscope.“Gartner places a high weighting on overall viability and customer experience evaluation criteria,” said Jeff Yoder, VP of Marketing for Excentive, “so to be included in this prestigious list of vendors we feel is recognition not only of our technology vision but of the fact that Excentive is an established global player with a solid, happy customer base.”Excentive represents a new generation of incentive compensation management software designed to empower the business user through ease of use, rich functionality, and fast deployment.It features powerful built-in multi-dimensional reporting and analytics, easy integration with CRM, ERP and payroll systems, and is designed to be maintained by the business user.While Excentive is a new player in many markets globally, including the US, the product has a solid track record and customer base in various sectors that use incentive compensation management such as financial services, insurance, telecom, manufacturing, and retail.Having started in France in 2002, Excentive quickly became the leading best-of-breed ICM vendor in the French market before launching internationally in mid-2009, opening offices in eight countries.Compensation Cockpit is unique in that in addition to having the sophistication to handle complex sales incentive scenarios, the highly flexible platform can unify all aspects of compensation, including salary reviews, bonus plans, and long term incentives such as stock plans, thus providing management with an unprecedented ability to analyze and control total compensation, and to align performance with strategy.###MarketScope DisclaimerThe MarketScope is copyrighted March 5, 2010 by Gartner, Inc. and is reused with permission.