Sales Compensation & ASC 606 - Don't try this with a Spreadsheet!
ASC 606 and Subtopic 340-40 require commission costs on contracts to be capitalized and amortized. It takes a robust Sales Compensation Management system to: Calculate and report variable compensation for individual contracts, Report data for disclosure tables, impairment testing, amortization and adjust capitalized accounts & amortization schedules due to renewals or contract modifications. Learn more.
What Sets Us Apart?
BOUNDLESS FLEXIBILITY & CONFIGURABILITY
Our flexible, rules-based engine was designed to support complexity.
#1 RATED BY REAL USERS
ALL INCLUSIVE FUNCTIONALITY
More features & functionality than any other provider. Why pay more for less?
Iconixx automates sales compensation plans to create dependable commission experiences every time, eliminating sales downtime caused by trivial administration.
Iconixx software delivers easy management of even the most complex bonus programs, discretionary award plans, MBOs, and other variable incentive programs.
Easily design, create, and manage the thorniest merit and salary increase processes that rely on workflow-driven approvals.
Iconixx makes complex sales operations efficient and accurate. Eliminate manual calculations and guesswork, and gain confident, defensible modeling and forecasting with analytics and insight.
Iconixx gives finance leaders clear visibility and greater control over every aspect of compensation. Minimize risk, maximize value, gain clear budgeting for accrual payments, and allocate time on business goals.
HR and Compensation
Iconixx helps HR and compensation leaders set pay and incentive polices with confidence and efficiency. Support goal-driven performance with clear and accurate compensation incentive plans and payments.
Iconixx serves technology leaders with our secure, scalable, and integration-optimized compensation platform that today’s rapidly changing enterprise IT ecosystems demand.
Iconixx for Your Industry
Regardless of your industry, vertical, or employee demographics, the flexibility of Iconixx ensures that customers leverage a commission tracking solution that exceeds every aspect of their unique needs.
In the Words of Our Customers
“We are pleased to be leveraging the benefits of Iconixx. The Iconixx team has earned our confidence by presenting us with a quality tool to manage our incentive compensation strategy.”Tim Vuolo, VP of Human Resources, Scholastic Book Fairs
“I am a comp admin for the Iconixx tool that my company uses to calculate the commissions on a monthly basis. Though the compensation plan can be complex but Iconixx team is always there to make the automation possible with high degree of accuracy. The Iconixx folks' willingness to work together with their customers for the success of the automation project is the main key to partnering with Iconixx!”
Jane Williams, financial analyst, bioventus
“We are excited to be able to provide our team with an automated solution to motivate our sales reps. With Iconixx, we have a much more efficient commission payment process.”Mike Harry, Senior Vice President of Business Services, WideOpenWest Finance
From the Blog
By Brian Thompson
Sales managers tend to find themselves running out of time toward the end of work hours. Since there are risks of distractions everywhere - from clients to workers - managers need to be careful about how they manage their time.Read more