Create compensation plans that drive sales and strategic goals. Iconixx supports any combination of pay components, rules, calculations, aggregations, and sequencing with ease.
Guarantee Accurate Commission Payments For Your OrganizationOverview
Crediting and Calculation refers to a series of automatic steps that are initiated by either the user through the calculation page, or as an automatic scheduled process.
Crisp, Meaningful Visualizations for Your Sales, Compensation, and Finance TeamsOverview
Modern operational systems house massive amounts of data, and sales compensation systems are no exception. Decision makers need at-a-glance visibility of meaningful data and trends, enabling them to quickly interpret and act on data.
Optimize Sales Strategies, Reduce Risk with Robust Plan Modeling and ForecastingOverview
Simply design and review plans before releasing. Create plans in your modeling environment to achieve confidence in the actual outcomes. Accurately forecast payout amounts to enable better budgeting.
Iconixx Manages Your Company's Workflow from Assignment to Review and ApprovalOverview
Why Automate Your Workflow Process? Salary and compensation processes extend beyond one department.
Governance and ReportingOverview
Apply standard templates, create ad hoc reports, or use a vast array of analytic tools within your solution to drill deep into sales data. Access data like never before.
Iconixx for Quota ManagementOverview
Iconixx enables companies to simplify quota planning processes with our sales performance management software. Quickly and easily use valuable insights to create accurate and attainable sales quotas that align with your business goals.
Automate, Simplify, and Streamline Incentive Compensation Plans for Peak PerformanceOverview
Iconixx makes it easy to efficiently and clearly create and manage even the most complex structures for discretionary pool bonuses, management-by-objective (MBO) rewards, and noncash payouts and promotions.
Automated Merit and Salary Management That Makes It Easy to Get It RightOverview
Iconixx compensation planning software makes it easy to design, create, and manage customized salary and merit compensation plans that fit your business needs.
Sales Compensation Software by IconixxOverview
An Easier, Safer Path for Sales Performance ManagementOverview
Sales Performance Management for Your Industry. Yes, Yours.Overview
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How sales performance bonus programs help monitor the sales team
The major draw to implementing a sales compensation program is motivating and rewarding sales team members. It's the first thing that comes to mind when such initiatives are introduced, but it's not the only benefit such programs can provide businesses. One of the subtler, but just as important, capabilities sales performance management can enjoy from pursuing a performance-based compensation platform is being able to monitor performance of the team in an easy-to-use environment that enables effortless tracking. Sales are all about the numbers, so it's important managers know who sells what and how much. But businesses don't need an entirely different process to track data when using sales compensation software that enables them to view all the numbers they need to inform them of how individuals are performing. For instance, management can set a quarterly quota that sales pros will be rewarded for reaching, and then periodically check in on how members are progressing during the campaign. This allows the firm to see who's leading the pack, and who might need some more motivation to reach objectives. "[Monitoring sales performance] is a vital component of maintaining a healthy sales team and continuing to motivate high achievers, while discouraging below average performance," read a blog post for Sales Growth Specialists, a management coach network. "If, for example, you have a salesperson who has not met their sales goals for the last couple months, take advantage of [the] information [gathered through sales compensation programs] to evaluate the sales rep's behavior and habits." Keeping a watchful eye on sales numbers through the use of software solutions not only helps businesses more fully understand their sales teams, but cuts down on needless processes to streamline management.