Leading Wholesale Distributors are using sales compensation to keep pace with industry changes. Here is a quick summary of why and considerations you should be thinking about as you examine your own information technology & analytics investment priorities.
Sales Performance Management Best Practices Blog
Four critical Sales Compensation considerations for Wholesale Distributors
Topics: Gross Margin, Sales Comp Plan Fundamentals, Sales Performance Reporting, ROI, Accuracy, Timeliness, Wholesale Distribution, Commissions for distributors
Jaw dropping payoff's from Sales Performance Management investments
We came across a Sales Analytics presentation by the sales consulting firm AGI a while back which highlights many reasons why it is so important to consider any investmnts in improving sales performance. Simply stated, for investments in productivity tools such as Sales Commissions Software - The payback is astronomical. Below are six data points that jumped out at us from this presentation which highlight the importance of continuous focus on improving sales performance and the payoff for those who get it right.
Topics: EVP/Sales Leader, CFO/Finance Leader, CEO, ROI
New Years Resolution #3; Collapse the Cycle Time of Your Sales Compensation Process
Topics: EVP/Sales Leader, CTO, CFO/Finance Leader, Sales Compensation Professional, CEO, Human Resources, Sales Operations, Sales Professional, ROI
Cycle time improvement a huge benefit of Sales Commissions Software
The time it takes from the close of a performance period to the payment of sales commissions one of the biggest factors that influence the strategic impact of your investment in sales commissions. We recommend that business leaders think about sales commissions the way they would a capital investment. How much is being invested and what benefits are is the business realizing.
Topics: Sales Comp Plan Fundamentals, EVP/Sales Leader, CTO, CFO/Finance Leader, Sales Compensation Professional, CEO, Sales Professional, ROI
Top 10 Sales Compensation Reporting Must-Haves !!
Topics: Sales Performance Reporting, Sales Compensation Professional, Sales Professional, ROI
Sales & Incentive Software, a brief ROI discussion
Investments in Sales Incentive & Compensation Management directly impact the performance of any sales team. Why ?
Topics: EVP/Sales Leader, CFO/Finance Leader, CEO, ROI
Sales Performance Management; Clear Communication to Sales is Key
Insights gleaned from recent research by NewSigma published as part of their inaugural 2011 Sales Compensation Survey reinforce the need for strong communication strategies if your sales compensation process is going to truly be a catalyst for delivering on aggressive sales growth goals.
Topics: EVP/Sales Leader, Communication/Reporting, CFO/Finance Leader, Sales Compensation Professional, Human Resources, Sales Professional, ROI
Embrace Sales Performance Management best practices to boost sales
Investments in Sales Incentive & Compensation Management directly impact the performance of any sales team. Why ?
Topics: EVP/Sales Leader, CTO, CFO/Finance Leader, Sales Compensation Professional, CEO, Human Resources, Sales Professional, ROI