I can work across different software throughout the entrepreneurial journey that has added value to grow the business. Despite all the commission management software plays a lead role just because it helps manage and track the commissions effectively. You can even calculate, monitor the performance of the sales and compensation process.
Generating a decent amount of income is an important process that you should not ignore if you’re supposed to maximize brand authenticity because the commissions can get stimulated by the employees.
Through this detailed post, I’ll be sharing the top 5 best and most relevant commission tracking software that you can use in 2021. So make sure to stick with the list till the end to get the most out of it. But before that, let me conclude few essential aspects of the commission tracking software.
Why Should You Have Commission Tracking Software?
Calculating your business’s sales compensation is a vital process that you should not ignore because it helps you effectively scale the business. It’s because there might be certain mistakes that happen if you calculate the sales manually, so there’s a need for commission tracking software.
This software will help you throughout the process of tracking and management of the sales of your businesses in an effective manner; this whole process is automated, so the output you get is truly accurate.
Tracking and managing the business is crucial because no one likes to hands on the software that might waste all of your pence. So we have compiled the list of the best 5 software that you can use. If that makes sense to you, let’s dive deep into it.
Top 5 Best Commission Tracking Software In 2021
The first on our list is CallidusCloud, which is basically a Commission tracking software that is being widely used on across the globe for tracking and automate the process of commission rates. So if someone like me usually suffers through hassle by not having enough time to manage the work efficiently, you can proceed.
There is no option for automatic onboarding. You can take all your employees for the specific development without any supervision for hiring the HR managers, which will cost you as much penny. Even a beginner out there who has just started the business makes it way easier for you to hands-on CallidusCloud platform to help you throughout the process.
Using this software, you can also get in touch with the CallidusCloud Badgeville gamification, which will help you boost the learning about the gamification programs. I can call it the minimal software to get all features needed to manage the commission processes. So definitely check it out.
Following are some of the key features that are being served to you by CallidusCloud:
- It will help you pay a great fee at a given amount of time; also, it has several integrations of foods like CRM, EPR, HR, etc., that’ll surely help you out.
- Some of the basic features like workflow traceability and Audit trails will help you resolve the issues.
- The dashboard of software consists of the most powerful tools like tracking, report creation, managing the task, etc.
- You can create where are different entities like bonuses, thresholds, draws, accelerators, etc. Just within a while which makes true sense to grab this software for business usage.
- Most advanced and beginner-friendly software available in the market that one can use.
- Get flexible plans ad per the demands that light fit in your budget.
Best pricing is concerned the CallidusCloud is available at just $90/ month. Apart from his, if you’re supposed to get their advanced feature, you need to quote them accordingly by visiting their official website. You will be able to select the specific feature and accordingly pay for it.
The next up in our list is Performio, which is basically the best and most reliable commercial management software that helps you in various ways to manage your business in a sophisticated manner. You can even monitor the total amount of sales that’ll help you out for managing it accordingly.
You can even call it a SaaS-based software that helps you minimize the human effort and provides you the top-notch solution for managing your businesses’ sales. So you’ll also be able to eliminate the HR team just because this software is fulfilling the complete process from basics to the advanced level of commission management services.
Depending upon the business size, they offer US many different types of packages, amongst which you can opt for the one that fits your need, and you’ll be able to scale your business. Their pricing is quite comprehensive in terms of usage, so make sure to check it out once.
Following are some of the key features that Performio is serving:
- To avoid disputes and manage queries, you can use their tools and services.
- The sellers will also be able to calculate the commissions they’ve earned using the built calculator.
- The reports also serve to you using which you’ll compare the performance and the businesses units.
- Depending upon the geography, product, and organization, you’ll be able to manage the sales options and update them accordingly.
I’m supposed to acquire the services offered by Performio; you’re free to adapt their paid plans, which begins from just $20/ month. Also g with that, you can quote them as per the requirement, which is a good thing. So definitely check it out once.
There might be several common management platforms, and that might take as much amount of time and money too, which might not suit your budget at an instance. But when we talk about the IncentX, it’s quite different in terms of usage and commission tracking as you won’t be facing any issues regarding the ERP and bounce of the software.
It’s quite affordable to the small or mid-cap businesses that can also be acquired to minimize human efforts. One can even be integrated with the ERPs. Depending upon the incentives, they hard to manage the take lore efficiently. Even if you’re just a beginner and willing to get rid of a duh time-consuming task, IncentX could be the best option available in the market.
This software is used to track the data in real-time, which is a good thing. Its easy to use interface might grab your attention. All you need to do ka grab it and start effectively with the CRM source that’s being served to you.
Following are some of the key features that are being served to you by IncentX:
- It’s super easy to set up video without any hassle and description to your existing workflow.
- It’ll help you manage the complex commissions just within a while, and that’s why most of the professional marketers used to rely upon it.
- Without any hassle, you’ll be able to manage the plans of royalty within a short amount of time.
- Get access to the rebate plans, which consumes a bit amount of time compared to the competitors.
- You’ll be able to perform, claim reconciliation, settle so easily.
As the pricing is concerned the IncentX used to serve the following plans, amongst which you can choose as Lee the requirement:
- The enterprise suite plan is available at just $150/ month.
- The IncentX CRM only plan is available at just $65/ month.
- Then add one can be done at just $150/ month.
- The expert guided setup is available at just $2500.
As the name suggests, the Xactly Incent is the best and most reliable performance management solution for each of the businesses just because it will help you a lot to manage the commission in a more effective manner that can also be controlled using a smartphone or web browser which make sit the most convenient source of all time.
The market condition will change its incentive compensation engine, so the results you’ll get will truly insane and well managed. Even if you’re not well familiar with the tool, make sure to grab it just because it offers you pretty dope features that might blow up your mind and minimize human efforts.
The overall Dashboard of this is quite minimal, where you can view and analyze the incentive compensation in real-time. With the alert, front hat, you’ll also be able to access it using the iOS and Android applications, making it a super feasible and convenient platform of all time.
Following are some key features that are being served to you by Xactly Intent:
- It helps you to manage and view the commission data in real-time.
- For managing the sales, they used to provide data benchmarking that will surely increase the amount of performance.
- It’s been highly integrated with the data sources that’ll improve the incentives.
- With the help of the Commission estimator, you’ll also be able to estimate the commissions as well.
- Attempt to deliver the compensation payments on time without any error occurred.
- With built-in currency support, you’ll also be able to change currency as per the requirement.
- The interface is much feasible and easy to access by the newbies.
As the pricing is concerned, the vendor of Xactly intent hasn’t yet revealed the pricing. So make sure to visit their official website to know more about it.
Finally, commissionly, which is the most affordable commercial management software that most professional entrepreneurs and digital marketers are highly using to manage their tasks more effectively without any hassle. You can call it a SaaS-based solution that minimizes human efforts by serving the best possible solutions to the users.
This software is well integrated with tons of different applications that include hotspot, QuickBooks, Sage, Xero, and Zapier that’ll help you out to manage the other tasks simultaneously, and that’s the reason behind its popularity. You’ll also get access to a wide range of features that might help you manage the commission in the subsequent departments.
Using the lookup table features, one can import the old data and match it with the existing one. This complete process is being done in real-time to boost the team performance without attending Commission management services.
Its beginner-friendly user interface might get your attention just because it’s pretty simple to use, even if you’re a first-time user. So definitely give it a shot.
Following are some of the key features that are being served to you by the Commission:
- Get access to the 30 days ks free trial so that you’ll get to know more about the services they usually used to offer.
- It has the support of multicurrency, so as per the requirements, you can select any of them as per the need.
- It has the sales split feature too.
- The commission structure is managed subsequently.
- Get integration support of various tools oak h with the Zapier.
- It consists of two-way authentication support.
Along with the 30 days of the free trial, the commissioner also used to serve a couple of paid plans that are mentioned below:
- The basic plan is available at just $250/ month that supports up to 30 users.
- The premium plan is available at just $400/ month, which supports 30+ users.
- You can even quote them for the custom plan.
Due to consistent growth and technology, most people are heading off to the tools and software that usually minimize human efforts. The accuracy level of these kinds of software is quite more compared to manual work. When it comes to the commissions’ management, it might consume much amount time to get done with the process manually.
Instead, if you opt for the software, the same process can get done within a while. We’ve shared the top 5 best and reliable commission management software that you can use in 2021, so make sure to check them out through this detailed post.