Will replace spreadsheet-based process with Xactly Incent on-demand software
SAN JOSE, Calif.-February 25, 2008-Xactly Corporation, the leader in on-demand sales performance management, today announced that Radian Guaranty, the mortgage-insurance subsidiary of Radian Group Inc. (NYSE: RDN), has selected the Xactly Incentâ„¢ Managed Service for sales compensation management. With Xactly Incent Managed Service, Radian gains an outsourced, on-demand service for managing incentive compensation that will replace its earlier spreadsheet-based processes.
Effective management of sales compensation can be directly linked to the overall performance of any company’s sales organization” said Michael Dziuba, senior vice president of sales, Radian Guaranty. At Radian, we chose to automate sales compensation management for the consistency and accuracy it can bring to this business-critical process.”
Xactly Incent Managed Service is a business process outsourcing service of Xactly’s flagship on-demand sales compensation management solution. It provides businesses with an affordable option for automating critical sales compensation management functions and leveraging incentive compensation to competitive advantage.
With Xactly Incent Managed Service, we can help any company-regardless of their size-to leverage Xactly’s deep domain experience and successfully transform compensation into an automated, more strategic business process” said Evan Ellis, senior vice president of worldwide operations, Xactly Corporation. We’re pleased to help a market-leading company such as Radian to leverage Xactly’s powerful software automating sales compensation management in a managed-service offering.”
Radian Group Inc. is a global credit risk management company headquartered in Philadelphia with significant operations in New York and London. Radian develops innovative financial solutions by applying its core mortgage credit risk expertise and structured finance capabilities to the credit enhancement needs of the capital markets worldwide, primarily through credit insurance products. The company also provides credit enhancement for public finance and other corporate and consumer assets on both a direct and reinsurance basis and holds strategic interests in credit-based consumer asset businesses. Additional information may be found at www.radian.biz.
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 www.xactlycorp.com or call 1-866-GO-XACTLY.
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