Get real-time visibility into your incentive programmes
And in addition, motivate your sales personnel with NetSuite Incentive Management.
Access a clear view of incentives
NetSuite Incentive Management allows businesses to improve the creation, monitoring and payment of sales commission plans. This enables sales teams to access a clear view of their incentives through automated commission reporting tools, which ensures that all personnel understand their incentives and how these align with wider business goals.
Easily handle multi-tier programmes
The software offers businesses an easy-to-use platform that helps meet the challenges involved with designing and managing complex commission plans. It allows businesses to easily handle multi-tier programmes and quickly calculate sales compensation, taking into account factors such as quotas, quantities sold, service items and product profitability.
Key Area Functionality
Businesses can use NetSuite Incentive Management to bring all their commission management activities under one solution, allowing executives, sales managers and finance professionals to control all compensation rules and schedules in a familiar interface. Performance measures that can be used to set commission rules include quotas, profitability and quantity sold, as well as a range of custom criteria.
The flexibility and power of the software ensures that companies are able to define their commission rules and ensure the processes are configured exactly to their needs. Commissions can be calculated on a linear, marginal or target factor scale, while users can also quickly calculate indirect commissions due to managers and executives.
NetSuite’s complete set of analytics and reporting tools allow sales personnel to accurately forecast their earnings, as well as view summary commission reports that are fully integrated into their sales dashboards. Sales and finance professionals can also monitor key sales trends, quote performance, and other essential information through role-based, real-time reporting tools.
Easily roll out new commission plans
Reduce errors in sales commissions
Real-time visibility motivates sales workforce
Choose from multiple scale options
Split commissions and process through sales managers or accounting personnel
Accurately forecast future commission earnings