Minor errors in commission payouts can significantly affect your sales reps' motivation. To keep them motivated and engaged, provide complete earnings transparency and on-time commission payouts.
Reduce 90% of the time spent on data validation and payout inquiries by centralizing your entire sales commission management process in single platform
Schedule and send commission payouts to sales reps by integrating with any payroll system you use.
Sage
Zuora
Zoho Books
Oracle Netsuite
Stripe
Quickbooks
Freshbooks
Xero
Easily manage commission payouts for global sales teams and currencies and comply with varying tax laws, payout schedules, and banking systems.
Enable mass payments to process multiple transactions simultaneously, reducing manual effort and time.
Our commission payment software supports multi-currency transactions, making it ideal for businesses operating internationally.
Generate reports that offer ROI insights, enabling the finance team to make data-driven decisions for future commission budget allocations.
Replace manual labour in approving payouts with a complete end-to-end automated system that schedules commission payments and resolves disputes.
Automatically calculate and withhold taxes based on local tax laws and regulations.
Ensure that sensitive payment data is encrypted to protect against unauthorized access.
Provide reports including changes made to commission plans, adjustments, and payment history.
Stay compliant with revenue recognition standards, including ASC 606, IFRS 15, etc.
Automating incentive processes lets your team focus on their core sales activities without worrying about errors or payout delays. Additionally, real-time visibility into performance ensures that your team knows exactly how their efforts translate into rewards, keeping them motivated and aligned with company goals.
You can worry less about shadow accounting and provide complete transparency across stakeholders about the budget allocated vs commissions spent and revenue generated through it, which is more challenging and may lead to errors through an in-house system.
Yes, Compass has one of the most powerful calculation engines with real-time data processing, rigorous logic checks, and advanced reporting. It provides accurate calculations for commissions, bonuses, etc., ensuring fair and timely payouts.
While Excel is a familiar tool, it can be prone to errors, time-consuming, and lacks scalability. Shifting to Compass provides a centralized, automated solution that reduces errors and offers real-time insights, robust reporting, and scalability as your business grows.
Yes, Compass offers 85+ data integration options, allowing you to connect multiple data sets from different systems. Compass consolidates all your incentive data into a single platform through API integrations or data imports, making it easier to manage, calculate, and report on incentives across different departments or business units.