For most organizations today, with automated accounting/financial management and customer relationship management systems in place, dedicated incentive automation solutions are the next essential requirement. The strategic forces driving these initiatives include:
the necessity to optimally align employee strategy execution and improve enterprise results,
the market requirement to compete successfully for top-tier talent recruitment and retention, and
the obligation to comply with emerging regulatory and audit requirements.
Employee incentive and performance management must work with the same velocity, reliability, responsiveness and usability as other automated processes. Gone are the days of homegrown database and spreadsheet-based accounting, ERP and CRM systems, and gone are the days of homegrown database and spreadsheet-based employee incentive management.
Industry experts such as Gartner Group, Ventana Research, BPM Partners, Tower Group, Montgomery Research, Financial Insights, IDC and scores of business publications, consultants and analysts concur: automating employee incentive compensation plans and performance management improves employee morale and retention, saves money, accelerates performance feedback, improves regulatory compliance, and most importantly, results in achievement of goals and objectives.
In fact, incentive automation is one of the most cost-effective and revenue-productive initiatives organizations can conduct, often producing ROI’s in excess of 2000%
Going far beyond just sales-based incentives, StrategixEPM™ delivers unrivaled capabilities, including a unique “end-user parameter-based” structure that enables a limitless range of incentive and recognition pay-out methods, at all organizational hierarchy levels, for both front- and back-office sales / service / support personnel, in mixed combinations of goals/metrics, pay-outs, timing, and individual vs. team distributions.
Employee and Manager Real-time On-line Reporting Access Management
Special Report and Data Export Management
Incentive Result Dispute Resolution, Documentation, and Reporting
Audit Compliance Validation Support
StrategixEPM™ is an unparalleled world-class solution for Incentive Automation, and has been on the market longer than any other system. Over a nearly quarter-century history, millions of incentive results and reports have been produced with StrategixEPM™, at hundreds of thousands of sites, at hundreds of enterprises.
The Value and Benefits of StrategixEPM™ Incentive Automation:
One of the most powerful systems in the business,
Supported by the most experienced team in the business.
Continuity, reliability, and expertise: thousands of plans implemented
Fastest implementation and deployment
Field-proven best-of-breed processes, resources, and workflows
For information on StrategixEPM™ Incentive Automation capabilities, contact us.
