Net Worth Solutions selects Xactly to streamline sales compensation management
Xactly Incent to help reward desired sales behaviors, cut administrative time and costs
SAN JOSE, Calif., Aug. 11, 2008 -- Xactly Corporation, the
leader in on-demand sales performance management, today announced that Net
Worth Solutions, an independent financial services and education firm, has
selected the Xactly Incent(TM) on-demand sales compensation management
application to streamline its sales commission processing. In using Xactly
Incent to manage compensation for up to 400 associates and branch managers
across the U.S., the fast-growing company will be able to more effectively
drive and reward desired sales behaviors, ensure payment accuracy, and
reduce back-office costs.
"Net Worth Solutions is continually adding new associates and branch
managers across the country, making it critical to manage their commissions
efficiently. In automating our incentive compensation management with
Xactly Incent, we will replace our current, labor-intensive
spreadsheet-based procedure with a streamlined and accurate automated
process that will positively impact the bottom line," said James Catledge,
president and CEO, Net Worth Solutions. "We selected Xactly Incent because
it clearly has the functionality and capabilities that best fit our needs,
as well as for its tight integration with Salesforce CRM."
Xactly Incent is a 100-percent on-demand Software-as-a-Service (SaaS)
solution that enables sales and finance executives to design, implement,
manage, audit and optimize sales compensation management programs easily
and affordably. As sales compensation represents one of the prime
motivators for a company's success, the right plans can increase profits,
control expenses and drive consistent quarter-over-quarter results.
"While all too common, managing sales compensation manually via
spreadsheets is a costly mistake, both in terms of overhead costs and
lost-opportunity costs," said Karen Steele, vice president of marketing,
Xactly. "Not only is it a cumbersome and innately inaccurate way of
managing compensation, especially as a company grows, but you are missing
out on the opportunity to effectively incent strategic sales behaviors.
Xactly Incent gives companies the means to break this mold in a
cost-effective, easily deployed, on-demand fashion."
Net Worth Solutions is an independent financial-planning company
dedicated to helping families make correct decisions about money and build
their net worth. For more information, please visit
http://www.networthsolutions.info.
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales performance
management. The company's flagship product, Xactly Incent, enables sales
and finance executives to design, implement, manage, audit and optimize
sales compensation management programs easily and affordably. Xactly
solutions automate the process of aggregating data from disparate systems
into a secure, hosted repository, and enable companies to leverage this
business data, which is the lifeblood of sales performance management.
Xactly helps companies improve operational performance, optimize sales
effectiveness, proactively manage risk and compliance, and maximize
profits. The Xactly family of products is used by sales and finance
executives, compensation analysts, sales operations and sales professionals
across a variety of industries, ranging from SMBs to large enterprises. For
more information, visit http://www.xactlycorp.com or call 1-866-GO-XACTLY.
(C) 2008 Xactly Corporation. All rights reserved. Xactly, Xactly
Incent, Xactly Rewards, and "Incent right. Sell more." are trademarks or
registered trademarks of Xactly Corporation.
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