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Net Worth Solutions Selects Xactly to Streamline Sales Compensation Management
Aug 11, 2008 (08:08 AM EDT)
SAN JOSE, Calif., Aug. 11 /PRNewswire/ -- Xactly Corporation, the leader in on-demand sales performance management, today announced that Net Worth Solutions, an independent financial services and education firm, has selected the Xactly Incent(TM) on-demand sales compensation management application to streamline its sales commission processing. In using Xactly Incent to manage compensation for up to 400 associates and branch managers across the U.S., the fast-growing company will be able to more effectively drive and reward desired sales behaviors, ensure payment accuracy, and reduce back-office costs.
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"Net Worth Solutions is continually adding new associates and branch managers across the country, making it critical to manage their commissions efficiently. In automating our incentive compensation management with Xactly Incent, we will replace our current, labor-intensive spreadsheet-based procedure with a streamlined and accurate automated process that will positively impact the bottom line," said James Catledge, president and CEO, Net Worth Solutions. "We selected Xactly Incent because it clearly has the functionality and capabilities that best fit our needs, as well as for its tight integration with Salesforce CRM."
Xactly Incent is a 100-percent on-demand Software-as-a-Service (SaaS) solution that enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. As sales compensation represents one of the prime motivators for a company's success, the right plans can increase profits, control expenses and drive consistent quarter-over-quarter results.
"While all too common, managing sales compensation manually via spreadsheets is a costly mistake, both in terms of overhead costs and lost-opportunity costs," said Karen Steele, vice president of marketing, Xactly. "Not only is it a cumbersome and innately inaccurate way of managing compensation, especially as a company grows, but you are missing out on the opportunity to effectively incent strategic sales behaviors. Xactly Incent gives companies the means to break this mold in a cost-effective, easily deployed, on-demand fashion."
Net Worth Solutions is an independent financial-planning company dedicated to helping families make correct decisions about money and build their net worth. For more information, please visit http://www.networthsolutions.info.
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales performance management. The company's flagship product, Xactly Incent, enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly 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 http://www.xactlycorp.com or call 1-866-GO-XACTLY.
(C) 2008 Xactly Corporation. All rights reserved. Xactly, Xactly Incent, Xactly Rewards, and "Incent right. Sell more." are trademarks or registered trademarks of Xactly Corporation.
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CONTACT: Samantha Moore of Xactly Corporation, +1-408-200-0675, email@example.com; or Kristin Reeves of Blanc & Otus Public Relations,+1-415-856-5145, , for Xactly Corporation
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