Multinational communications and information technology leader leverages Iconixx Cloud solution for global incentive compensation management
Iconixx Software Corporation, a leader in cloud based Sales Performance Management and Incentive Compensation Management solutions, today announced a multinational communications and information technology leader with over $50 billion in annual revenue and over 120,000 employees in 120 countries renewed its agreement with Iconixx Software to manage their global incentive compensation program.
“We are very pleased this multinational communications leader has chosen to continue their long-term partnership with us to manage their global incentive compensation program,” said Bruce Jackson, Iconixx Software’s President and COO. “As a replacement for a competitive product that was not meeting their needs, we knew the combination of our Cloud-based solution and strong focus on customer satisfaction, would form the foundation for a strong relationship between our two companies.”
By leveraging Iconixx Software’s highly configurable, Cloud-based Total Compensation Solution to manage their global incentive compensation program, this customer significantly reduced administrative and IT costs while gaining improvements in both ease of use and workflow driven approval processes. Users around the globe access the Iconixx solution to create and manage goals, quotas, performance measures, and plan eligibility, while taking advantage of Iconixx industry leading “what if” capabilities to analyze the impact of pipeline close rates on their incentive compensation payments.
“Our customers appreciate our singular focus on providing strong value in the incentive compensation and sales performance management markets which is driving our continued high renewal rates along with new customer adoption,” said Derrik Deyhimi, Chairman and CEO of Iconixx Software.
About Iconixx Software®
Iconixx Total Compensation Software leverages the latest Cloud technologies, to deliver a consistent Sales Performance Management and Incentive Compensation Management solution to customers – Small Business, Mid-Market, and Enterprise – on a single, organically developed solution with a native workflow engine, native territory management and pre-configured business rules and formulas library. Iconixx delivers value with: configurable, role-based dashboards; self-service analytical capabilities; improved compliance with a complete audit trail of every action; reduced administrative costs; reduced time-to-market for incentive compensation plan changes or new incentives; forecasts of total incentive compensation expenses based upon historical trends with seasonality factors; and, analysis of plan effectiveness with “what if” modeling/forecasting, including side-by-side comparisons of predicted results. The rich user interface enables users to easily manage complex, date effective territory and quota assignments, hierarchy definitions, and incentive plan assignments and the application’s accessibility on any mobile device allow users accessibility anytime, anywhere.
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