LONDON, UK & SAN JOSE, CA – September 1, 2015 – Xactly, (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced, SThree, a fast-growing global enterprise in the recruitment industry, has selected Xactly to manage their sales commission process for candidate placement. SThree wanted an automated platform that could provide flexibility, speed performance, and also keep up with the rapid pace of its company growth. They chose Xactly’s sales performance management solution for its functionality, performance, and ease of use.
With offices in over 15 different countries and more than 2000 employees, SThree needed a solution which was proven at global scale. Challenged by managing a sophisticated commission structure reflecting the global scope of the business, basic spreadsheets and a home-grown system fell short of providing management the transparency they required.
With Xactly, SThree’s management team are able to automate compensation schemes and increase transparency to both employees and to the business. This increases the accountability across teams, driving improved sales performance. “Our business absolutely relies on motivated sales teams. Real time data and transparency is what we were targeting when we started looking for a new compensation platform for our growing business,” said Lance Fisher, CIO, SThree. “Xactly fits our strategy of cloud and mobile. We are excited by the opportunity of working with another pioneering cloud company on our move to the cloud. In particular Xactly gives us a very flexible platform enabling us to create global commissions structures as our business grows.”
SThree plans to use the Xactly Insights™ product in the future to leverage real time analytics to accurately guide and inform their compensation planning and design.
If your company is also interested in using compensation as a strategic lever, find out more about Strategic Services and the Xactly Insights software today.
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.
©2015 Xactly Corporation. All rights reserved. Xactly, the Xactly logo, “Inspire performance” and Xactly Insights are registered trademarks or trademarks of Xactly Corporation in the United States and/or other countries. All other trademarks are the property of their respective owners.
SThree is the parent company for our organically grown recruitment brands. SThree is also responsible for the support and infrastructure of the group, supplying Finance, IT and HR services globally to our brands.
SThree has always maintained a strong cash position and delivered a profit every year since we began in 1986. All of our brands began in ICT recruitment but as we have grown, we have developed expertise in a growing number of different sectors.
We now have a multi-brand business model, specialising in Accountancy & Finance, Banking, Engineering & Energy, and Life Sciences, as well as our original field of ICT. The more sectors we operate in, the more opportunities we find for further expansion.
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