Xactly Introduces Commission Expense Forecasting Solution for Finance
Visibility into Compensation Spending Lets Finance Leaders Improve Forecasting Accuracy
San Jose, CA – January 18, 2017 — Xactly (NYSE: XTLY), a leading provider of cloud-based incentive solutions, today introduced Xactly’s Commission Expense Forecasting Solution, giving finance leaders increased insight into their organization’s commission expense spending. With timely and on-demand visibility, the new offering provides the capability to forecast commission expenses, allowing companies to mitigate the risk of material weaknesses, and generate and refine accurate accruals.
“Without confidence in your forecasts, it’s impossible to strategically plan for the business,” said Joe Consul, Chief Financial Officer for Xactly Corporation. “With this new offering, Xactly enables finance leaders to forecast and adapt to a changing business environment in near real-time.”
Xactly Increases Accuracy of Commission Expense Forecasting
Accurate accruals are critical to the financial operations of any company. Without knowledge and insight into anticipated costs, organizations don’t have the precise data that they need to forecast expenses and earnings.
With a single point of access in Salesforce, Xactly Commission Expense Forecasting includes the following capabilities and features:
- Seamless data integration – with the forecast pulling data directly from the Salesforce CRM system
- Dynamic scenario modeling – that can be re-run for a myriad of assumptions, and as deals in the pipeline actually close
- Fast and easy reporting – requiring no programming or formula writing, so reports can be quickly generated, shared, and presented
By leveraging the power of Xactly, combined with detailed pipeline information in Salesforce, finance teams can model potential sales scenarios, estimate commissions expense, and analyze the impact on earnings based on any combination of possible revenue outcomes.
To learn more about how Xactly Commission Expense Forecasting can increase clarity and accuracy in your organization, click here.
Headquartered in San Jose, California, Xactly (NYSE: XTLY) is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. Named a leader in Gartner’s Magic Quadrant for Sales Performance Management software, Xactly addresses 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. To learn more about Xactly and the latest issues and trends in SPM software, follow us on Twitter, Facebook, and subscribe to the Xactly blog.
©2017 Xactly Corporation. All rights reserved. Xactly, the Xactly logo, and “Inspire Performance” 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.
Blanc & Otus Public Relations