A New Day in Incentive Pay

Effective sales incentive compensation is crucial for companies to grow. To help, Xactly is introducing the first DIY compensation management tool, SimplyComp.

3 min read

At Xactly, we pride ourselves on the success of our customers. Our customers inspire us by what they’ve been able to achieve with Xactly. That’s why I’m so proud to share our latest achievement. Today, on the first day of CompCloud 2017, we’re introducing Xactly SimplyComp™ - the industry’s first do-it-yourself (DIY), automated incentive compensation software for companies with less than 25 reps.

With SimplyComp, we’re making it possible for everyone to benefit from a modernized incentive compensation plan. We are the first company in our space to provide a solution that completes the democratization of SaaS-based compensation software for organizations of all sizes.

We’ve had many firsts here at Xactly – from being the first to provide a SaaS solution in the compensation space to being the first – and only – company to deliver an empirical data set based on 12 years of aggregated pay and performance data. This offering fills a gap for companies with less than 25 reps by giving them an affordable and easy-to-use solution to quickly grow their sales teams.

Our team has created spreadsheet-like familiarity and DIY functionality, to easily empower these businesses. Now they can increase sales motivation with compensation best practices derived from analyses of tens of thousands of incentive plans. Our early customers tell us that SimplyComp is effortless to get started – most are up and running in just minutes – and the built-in rule templates make it easy to set up plans.

They report that the UI feels like they’re working on a common spreadsheet but with all the power and advantages of a fully automated, cloud-based system. SimplyComp gives us the opportunity to grow and serve our customers even better with a DIY solution that’s tailor-made for organizations with less than 25 reps. It’s a new day in incentive pay.