Things are changing rapidly for companies in this technology era. There are new ways of doing business, performing management and reaching company goals. Companies have two options: falling under the technology curve or innovating. In the sales department, there's an important tendency: sales compensation software.
Managing commissions with a sales compensation software is a way to ensure that every critical compensation process is always working effectively. Software like this adapts to business changes and company goals. So, ROI is there. And, in this blog post, we are going to explain the reasons.
Manual compensation processes imply inefficiency and time consumption. High costs are also part of this if something goes wrong in payments and calculations. There’s very little room for flexibility when doing commission management with spreadsheets. With all these issues, how will a company increase operational efficiency? How will a company improve business agility and achieve cost savings?
A sales compensation software will get rid of slow, incomplete, error-prone and costly spreadsheet miscalculations. Automating your sales commission process decreases calculation errors. Therefore, your staff productivity will rapidly improve.
The use of automation software can save a company up to 50, 000 hours per year. Businesses that normally took 17.38 days to process all commissions for their sales reps are spending only 5.95 days on the same process using a sales compensation software1. Learn more about how much time and money you can save with commission automation, click here.
Blitz is a sales compensation software allowing sales managers to drive down business costs. Workflow automation is a feature that will enhance efficiency. Manage high volumes of compensation payments, import and export documents, and integrate accounting systems. See your sales reps’ performance in real time.
Sales managers and directors can see updated data with a sales compensation software like Blitz. And, that’s the part where businesses gain maximum value for their investment. Achieve organized commission management data and specific insights into sales department trends. This allows managers to make decisions based on the whole picture rather than incomplete records. Investing in Blitz drives efficiencies in the commission calculation process.
Improve commission calculation time. Consequently, your sales reps will concentrate on the most important aspect: selling. Cut down costly mistakes and avoid major commission calculation issues. As a result, make a huge difference in your sales department and your bottom line.
Schedule your sales compensation software demo now, click here and learn more about Blitz.
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1 Mohapatra, Sanjay. Business Process Automation. 1st ed, PHI Learning, 2009.