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Incentive Foundry is a flexible and powerful infrastructure for Incentive Compensation Management. By leveraging this infrastructure, enterprises can efficiently and accurately calculate incentives for tens of thousands of payees belonging to multiple direct and indirect selling organizations.

Key Features

• Administer complex incentive hierarchies encompassing 1000s of payees including sales reps, sales managers, agents from multiple sales and channel partner organizations.
• Extremely powerful transactional engine to automate incentive runs; calculate incentive amounts in various monetary & non monetary units and generate statements for tens of thousands of payees, encompassing complex incentive hierarchies and multiple revenue lines. Support retroactive incentive runs too.
• Payees can engage in self-serve mode and access their statements; submit disputes and get resolution status on their submissions; they can also run hypothetical “what-if” scenarios to observe payout projections for different sales achievement scenarios.
• Incentive compensation administrators can leverage a GUI Workbench to collaboratively define and test incentive compensation plans; they can administer incentive plans on an ongoing basis too, without depending on software programmers.

Benefits

• Up-to 60 % cost reductions in IT budgets for managing and administering Incentive Compensation Management capabilities. (Compared to legacy Incentive Compensation Management systems).
• Eliminate errors and administration costs associated with usage of spreadsheets for Incentive Compensation Management. Improve transparency of incentive compensation management calculations and processes.
• Reduce incentive amount calculation errors; thereby reducing overpayments and declining sales morale from conflicts over credits. Project credibility of managerial and administrative processes to selling and indirect selling organizations thereby strengthening their commitment.
• Launch changes (manage the define -> test -> approve lifecycle) to incentive compensation definitions and logic within minutes.
• Reduce translation gaps & delays associated with traditional business-IT handoffs of business specifications for Incentive Compensation Management.
• Rapidly realize business value, with implementation cycles of 3 months or less.