Made By
CaptivateIQReleased On
2017-10-24
CaptivateIQ is a sales commission management software that automates and optimizes the process of managing sales commissions. It offers a comprehensive suite of features designed to simplify complex commission calculations, provide real-time insights, and enhance strategic decision-making for sales and finance teams.
Key features:
- Automated Commission Calculations: Utilizes SmartGrid™ ELT & calculation engine to process up to 20 million transactions in less than four seconds, ensuring fast and accurate commission calculations.
- No-Code Platform: Provides a user-friendly interface for creating, customizing, and managing commission plans without technical expertise.
- AI-Powered Insights: Incorporates Payee Coach for personalized guidance and scenario modeling, helping sales representatives understand how to maximize their earnings.
- Real-Time Reporting and Dashboards: Offers out-of-the-box and customizable dashboards for instant insights into plan performance, trends, and program impacts.
- Data Integration: Supports integration with various data sources, centralizing data for comprehensive analysis.
- Security and Compliance: Ensures data protection with industry-leading security standards, including annual independent audits for SOC 1 and SOC 2 compliance.
How it works:
1. Users access CaptivateIQ through a web application.
2. Commission plans are created and customized according to specific business needs.
3. The platform integrates data from various sources.
4. The SmartGrid™ engine performs rapid calculations on the integrated data.
5. Users can model and test payout calculations in real-time.
6. Advanced reporting and AI-powered insights enable analysis and optimization of commission strategies.
Integrations:
Sage Intacct, Amazon Redshift, Microsoft SQL Server, HubSpot, Snowflake, Salesforce, Workday, NetSuite
Use of AI:
CaptivateIQ leverages generative artificial intelligence in its AI-powered Payee Coach and SmartGrid™ ELT & calculation engine. These technologies provide personalized guidance, scenario modeling, and perform trillions of real-time calculations per month, enhancing the efficiency of commission management.
Target users:
- Compensation Managers
- Finance and Accounting Teams
- Revenue Operations
- Sales Leaders
How to access:
CaptivateIQ is available as a web application, allowing users to manage sales commissions from any location with internet access.
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