Unlocking the True Potential of Compensation Management
Xactly and Salesforce partnered with Forrester Consulting to conduct a Total Economic Impact™ (TEI) study on Xactly Incent®, a cutting-edge incentive compensation management (ICM) solution. This study aimed to delve into the potential return on investment (ROI) that businesses can achieve by leveraging Xactly Incent®. Unlike traditional compensation management methods, Xactly Incent® proves to be a game-changer, not only in saving costs for companies but also in effectively incentivizing teams.
Impressive Results and Benefits
The Forrester Consulting study revealed remarkable findings, showcasing a 328% ROI over 3 years for a composite organization that implemented Xactly Incent®. These impressive results set the stage for organizations to unlock a world of benefits. The study highlighted a multitude of enhancements that companies can experience, including a 60% decrease in the time required to configure payment plans and calculate commission payments. This streamlined process is further accentuated by seamless integration with Salesforce, saving time and enhancing efficiency.
Enhanced Accuracy and Productivity
Moreover, the study showcased a significant improvement in accuracy with 99% payment accuracy and a notable 90% reduction in overpayments on average. The solution not only ensures precise compensation calculations but also boosts productivity levels. Organizations witnessed an 83% decrease in payment inquiries and disputes, thanks to 24/7 visibility into performance metrics and expected commissions, facilitating smoother operations and reducing manual errors.
Tailored Framework for Success
No matter which department you belong to—be it Finance, Revenue, Sales, or Compensation—this study offers a comprehensive framework for evaluating how Xactly's solution can revolutionize your organization's operations. By leveraging Xactly Incent®, businesses can drive efficiency, accuracy, and productivity while optimizing their ROI and setting new standards in compensation management.