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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

The only remedy is a formal incentive communication strategy. This post will show you how to deconstruct your current sales compensation process to ultimately build a more effective incentive communication strategy. Map out an incentive communication step to align with each step of your sales comp process. Let’s dive in!

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Bridging the Gap Between Sales and Finance

Xactly

If your company takes the initiative and automates their incentives and commissions process, you’ll easily remedy the main point of contention between Sales and Finance and bring your organisation closer together as a whole. A commission plan with too many incentives is sure to end badly. Reason 1: Plans and Afterthoughts.

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The Future of Finance: 10 Things CFOs Need to Consider About Technology

Xactly

Using leading indicators, CFOs and finance leaders can evaluate the company’s progress towards sales goals and build a plan to remedy any underperforming metrics. Most “software” problems are truly data/analysis problems. Technology enables her to move that data more efficiently. Is more data better?

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5 Ways to Write a Better Change of Commission Letter

The Spiff Blog

For example, if your organization is shifting up market and wants to dedicate more time and resources going after enterprise accounts, you may decide to increase your minimum contract size— and therefore, no longer offer incentives for smaller deals that fall outside that range. Final Thoughts. About Spiff.

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How to Build a Sales Process: The Complete Guide

Nutshell

Presenting Whether you’re doing an on-site demonstration for a potential client or using video conferencing to present a software solution, presenting is your sales team’s opportunity to lay out a compelling, personalized case for how your product or service will fulfill the prospect’s immediate needs.

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A Day in the Life of an Effective Sales Compensation Manager

The Spiff Blog

A sales compensation manager– or similar roles such as incentive compensation manager or variable compensation manager– is responsible for the design, deployment, and continuous improvement of sales commission plans, along with the reporting and interdepartmental collaboration necessary to effectively manage sales compensation.

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Sales Operations and Company Growth: An Extensive Guide

Crunchbase

Performance and incentive program management. Often, sales ops oversee sales reps’ salaries, bonuses and other incentive programs that impact their current or future earnings. Sales ops will also work with IT in choosing and enhancing the company’s customer relationship management software.