Trumbull, CT – Excentive, a leading global provider of sales performance management (SPM) and employee performance management (EPM) solutions, today announced that it received a “Promising”
The Gartner report highlights the business value of Sales Incentive Compensation Management (ICM) systems by predicting that “Through 2012, enterprises will miss the equivalent of 5% to 10% of annual sales as ‘lost opportunities’
“Gartner places a high weighting on overall viability and customer experience evaluation criteria,” said Jeff Yoder, VP of Marketing for Excentive, “so to be included in this prestigious list of vendors we feel is recognition not only of our technology vision but of the fact that Excentive is an established global player with a solid, happy customer base.”
Excentive represents a new generation of incentive compensation management software designed to empower the business user through ease of use, rich functionality, and fast deployment. The Excentive solution, Compensation Cockpit, streamlines compensation processes to reduce costs, drive field performance, and enable companies to adapt quickly and remain competitive. It features powerful built-in multi-dimensional reporting and analytics, easy integration with CRM, ERP and payroll systems, and is designed to be maintained by the business user.
While Excentive is a new player in many markets globally, including the US, the product has a solid track record and customer base in various sectors that use incentive compensation management such as financial services, insurance, telecom, manufacturing, and retail. Having started in France in 2002, Excentive quickly became the leading best-of-breed ICM vendor in the French market before launching internationally in mid-2009, opening offices in eight countries.
Compensation Cockpit is unique in that in addition to having the sophistication to handle complex sales incentive scenarios, the highly flexible platform can unify all aspects of compensation, including salary reviews, bonus plans, and long term incentives such as stock plans, thus providing management with an unprecedented ability to analyze and control total compensation, and to align performance with strategy.
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The MarketScope is copyrighted March 5, 2010 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Excentive
Excentive (www.excentive.com)
For more information contact:
North America: Jeff Yoder, Excentive, tel +1 203-820-1032, jeff.yoder@excentive.com
Europe: Corine Barbazanges, Excentive, tel + 33 (0)1 74 71 42 28, corine.barbazanges@
© 2010 Excentive. All rights reserved. Excentive and Compensation Cockpit are trademarks of Excentive. All other trademarks and company names mentioned are the property of their respective owners.
