MEDIA RELEASE PR39566
Varicent Announces Latest Release of Incentive Compensation and Sales Performance
Management Solution
SCOTTSDALE, Ariz., May 18 /PRNewswire-AsiaNet/ --
Varicent 7 enables organizations to manage increasingly complex
compensation processes and significantly reduce implementation time and
effort
Varicent Software, an innovator and global leader in providing Incentive
Compensation and Sales Performance Management solutions, today announced the
latest release of their flagship product Varicent 7.
"Varicent 7 is targeted at helping organizations deal with the barrage of
changing requirements and expectations for incentive compensation systems,"
said Marc Altshuller, Executive Vice President, Worldwide Field Operations,
Varicent. "Our customers deal with complex requirements, more volatility and
have less time and resources than ever before. Varicent 7 enables our
customers to take a new approach to tackling these challenges."
Varicent 7 enables organizations to:
- Easily manage increasingly complex compensation needs
An innovative new visual approach to managing increasingly complex and
demanding incentive compensation needs. Varicent 7 allows organizations to
easily reuse logic and processes across roles, plans and divisions of an
enterprise. Customers can also easily obtain an overall view of compensation
plans along with their key inputs and outputs.
- Significantly reduce implementation time and effort
Leverage best practices and significantly reduce the amount of effort
required to implement common processes used in deploying a sales performance
management solution.
- Perform enhanced business modeling and scenario management
Quickly perform 'what if' analysis based on a multitude of variables
including commission structures, organizational hierarchies, sales levels and
more.
- Benefit from the continued delivery of customer requested
enhancements
Including performance, scalability, user interface, and reporting
enhancements.
Varicent 7 is being announced at INSIGHT10, the annual user conference
for Varicent clients and partners, this year being held in Scottsdale,
Arizona. Varicent 7 will be generally available in June 2010.
About Varicent Software Incorporated
Varicent Software Incorporated is an innovative software solutions
provider delivering measurable improvements to its clients businesses through
its industry-leading sales performance management solution Varicent SPM.
Varicent's customers are high-performing companies representing a variety of
industries and include Waste Management, Convoy Financial Group,
Sherwin-Williams, Manpower, Getty Images, Starwood Hotels, Sun Hung Kai
Financial, and many others. For more information, please visit
(c)2010 Varicent Software. All rights reserved. Varicent and Varicent SPM
are trademarks of Varicent Software Incorporated.
All other trademarks and company names mentioned are the property of
their respective owners.
Contact: Brian Hartlen
Varicent Software
T: +1-416-987-1241
E: bhartlen@varicent.com
SOURCE: Varicent Software
CONTACT: Brian Hartlen,
Varicent Software,
+1-416-987-1241,
bhartlen@varicent.com,
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