San Jose, CA — April 5, 2016–– Xactly (NYSE: XTLY), a leading provider of cloud-based incentive solutions, today announced that Mynewsdesk, an all-in-one newsroom and multimedia PR platform, has chosen Xactly to increase employee engagement and motivation with their strategic commission plans.
“We look forward to utilizing Xactly’s solution to increase our reps’ motivation and enhance our executives’ visibility into sales performance,” said Stephan Dahlström, CFO of Mynewsdesk.
As a growing company, Mynewsdesk needed to replace its outdated incentive compensation management system before the pain of the manual process became too difficult to manage. While spreadsheets are great for many things, they were not designed to manage the complexity that comes with creating and paying out compensation plans across dispersed global teams. The company is headquartered in Stockholm and has offices in Scandinavia, UK, Germany and Singapore.
By implementing Xactly, Mynewsdesk will be able to build and manage powerful incentive compensation plans that will help motivate their sales team and align them to their strategic business goals.
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Xactly is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. We address a critical business need: To incentivize employees and align their behaviors with company goals. Our products allow organizations to make more strategic decisions, increase employee performance, improve margins, and mitigate risk. Our core values are key to our success, and each day we’re committed to upholding them by delivering the best we can to our customers.
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