On-Demand Sales Compensation Management Leader Wins Incentive Management Category; Honored for Product Innovation and Customer Satisfaction
SAN JOSE, CA – August 25, 2011 – Xactly Corporation , the leader in on-demand sales compensation and sales performance management (SPM), today announced it has won CRM magazine’s 2011 Market Award for Incentive Management for the third consecutive year. Winners were determined using a proprietary selection formula based on a composite score of CRM revenues, year-over-year revenue growth and analyst ratings for customer satisfaction, depth of functionality, company direction and cost.
“Businesses are always looking for new and effective ways to engage and incentivize employees to work to their full performance potential and incentive compensation is a tried and true mechanism for getting the best results,” said Christopher Cabrera, founder and CEO, Xactly Corporation. “Receiving the CRM magazine Market Award for Incentive Management for the third consecutive year, while also leading our category in customer satisfaction, is a testament to our industry-leading sales compensation solutions and yet another example of the incredible traction we’ve experienced with customers and partners over the past year.”
The CRM Market Award is the latest in a long list of industry accolades Xactly Corporation has achieved in 2011. For more information, visit: http://bit.ly/n09eTV
“As the CRM market continues to evolve, incentive management in particular is poised for significant expansion and growth,” said David Myron, editorial director, CRM magazine. “We congratulate Xactly Corporation for winning the Incentive Management category for the third year in a row, and for the company’s continued innovation, which has helped solidify its market leadership position in 2011.”
With its 10th annual CRM Market Awards, CRM magazine honors the vendors, consultants, and end-user companies that focus on customer relationships and the customer experience through the sophisticated integration of people, processes, and technologies. In each of 10 categories, the magazine named one Market Winner among the leaders as well as one company worth watching for its potential to appear on that sector’s leaderboard next year. Details about 2011 CRM Market Awards and the lists of winners in all categories are available at http://bit.ly/pNBOcR.
About CRM magazine
CRM magazine is the leading publication of the customer relationship management industry, covering sales, marketing, customer service, and strategy. The magazine also administers and hosts the annual CRM Evolution conference. Each of these properties is designed to serve customer-centric business initiatives, and leaders who recognize CRM as a key strategy for creating enhanced customer value in any industry. For more information about the magazine, its editorial calendar, or CRM in general, please visit us on the Web at http://www.destinationCRM.com, or on Twitter at @CRM (http://twitter.com/CRM) and @destinationCRM (http://twitter.com/destinationCRM). The destinationCRM Web site (which is updated daily) and the monthly magazine are properties of CRM Media, a division of Information Today, Inc.
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales compensation and sales performance management. The company’s suite of sales compensation and related sales performance management products, enables sales and finance executives to design, implement, manage, audit and optimize sales commission management programs easily and affordably. Xactly’s 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 (469-2285).
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