Sales organizations are under constant pressure to maximize their potential. To accomplish this they need to integrate their people and processes with those of the finance and operations groups and have access to all available information and useful technology. This is particularly true in the area of sales compensation, which when managed properly recognizes accomplishments, rewards success and motivates people. However, we find that few sales organizations take a comprehensive approach to...
Read More
Topics:
Sales,
Operational Performance Management (OPM),
Sales Compensation,
Sales Operations,
commission,
Financial Performance Management (FPM),
Sales Performance Management (SPM)
It is more important than ever for businesses to attract and retain the best talent, and managing compensation effectively is an essential tool for doing so. Obviously companies must pay well to compete, but managing salary, merit pay, variable pay and incentives for employees, tracking their hiring anniversaries and conducting accurate performance appraisals make total compensation management a complex process. All of this must be managed within budget and policy guidelines. As organizations...
Read More
Topics:
HCM,
Human Capital Management,
Operational Performance Management (OPM),
Sales Compensation,
Business Performance Management (BPM),
CFO,
Compensation,
Customer Performance Management (CPM),
finance,
Financial Performance Management (FPM),
HR,
Sales Performance Management (SPM),
Talent Management,
TCM,
Workforce Performance Management (WPM)
Organizations today create and collect data at ever faster rates, and this introduces challenges in ensuring that data is not just managed but used in a consistent manner for a range of operational and analytic tasks. This is made more difficult by new data sources whose definitions vary from standard and widely used formats. Making all information available and consistent is essential to support business processes and decision-making. A key technology tool for this effort is master data...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Social Media,
Golden Records.,
MDM,
Operational Performance Management (OPM),
Business Analytics,
Cloud Computing,
Data Management,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)