Sales commission is a central part of any successful sales team. It's the carrot that dangles in front of Sales Reps, enticing them to do their best and sell more products or services. Commission accuracy and payout timeliness are both critical factors in keeping Salespeople happy and motivated.
We believe that accurate and timely Sales commissions are key to keeping Salespeople motivated.
Kennect has helped many customers build confidence in their commission payouts, by eliminating the myriads of spreadsheets which in turn helped in cutting the incentive processing time by almost 90%. Sales managers using Kennect have seen a direct improvement in Sales team performance.
If you're looking for a way to improve Sales commission calculation accuracy and timeliness, Kennect is the perfect solution for you.
To learn what Kennect could mean to your business, we’re sharing few use cases:
Check Reporting and Analytics in Real time
With Kennect, Sales reps can check their reports and analytics in real time. This gives them greater transparency and confidence that their commission payouts will be correct. By having all the data in one place, Sales managers can quickly resolve any disputes that may arise.
Eliminate Incentive Processing Time
Kennect's Sales Compensation Management software streamlines the incentive calculation process by automating it. This means that Sales reps can receive their commission payouts on time, every time.
Achieve Greater Sales Visibility
By using Kennect's Sales Performance Management software, Sales managers can see which reps are selling what, and how much they're selling it for. This information is critical in understanding which reps are meeting their targets, and where improvements need to be made.
Incentivize Sales Behaviors
With Kennect's Sales Incentives software, Sales managers can create custom incentive programs that incentivize desired sales behaviors. For example, if a company wants to increase sales of a particular product, they can create an incentive program that gives Sales reps a bonus for every sale of that product.
Calculate Sales Commissions Accurately
Kennect's Sales Compensation software takes all of the various factors that influence commission into account, such as sales volume, product mix, and discounting. This ensures that Sales commissions are calculated accurately, and fairly.
By using Kennect's Sales Compensation Management software, Sales managers can quickly and easily resolve any disputes that may arise. This helps to keep Sales reps motivated, and focused on selling.
Flexible and customizable
With Kennect Sales Comp, you can easily customize and integrate new Sales compensation plans. This gives you the flexibility to change your Sales comp plan as often as you need to, without having to re-build it from scratch each time.
User Friendly for salespeople
Kennect Sales Comp is designed to be user-friendly for both Sales reps and Sales managers. Sales reps can easily see their expected payouts from every order and incentive, and Sales managers can quickly make changes to payout structures if necessary.
If you would like to learn more about how Kennect Sales Comp can help your business, please contact us today. We would be happy to discuss your specific needs, and provide you with a demo of our software. Thanks again!
Kennect Sales Comp - the simple, efficient way to calculate sales commission. Try it today! We hope this article was helpful in understanding how Kennect Sales Comp can help you calculate sales commission accurately and quickly.