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What is CompensationMaster?

Since 1985, we have dedicated ourselves to improving both productivity and profitability for businesses by strategically designing and managing incentive programs that utilize lean principles in sales and compensation. Our specialized software for sales force compensation management is employed to handle the compensation of over 70,000 sales professionals worldwide. Users can easily develop various compensation plans, analyze their effects, and implement them seamlessly for their sales teams. Our accuracy is noteworthy, achieving a remarkable standard of $100 for every $1,000,000, which corresponds to a Six Sigma level of precision, thereby minimizing uncertainties in your compensation strategies. Additionally, you can set up commission structures in mere minutes, input competitor offerings, and generate comparative graphs with ease. This feature allows you to illustrate to prospective hires that while another company's compensation plan might appear attractive, it may not offer the advantages it suggests. You can confidently attract or secure talent whenever needed! By embracing the Lean Six Sigma Process, you can unite every member of your organization, promoting smooth collaboration across all departments. Our approach is grounded in the sales force, ensuring that enhancements start where they are most impactful. Ultimately, we aim to enable organizations to flourish through well-informed and strategically aligned compensation strategies, thereby creating a sustainable competitive edge in the marketplace. By consistently refining these strategies, businesses can adapt to changes in the environment and continue to attract top talent effectively.

What is Commissionly?

Commissionly provides a cloud-based solution for managing sales commissions and compensation tailored for various sectors including insurance brokers, financial services, and telecom companies. The platform is capable of calculating commissions on both initial contracts and ongoing residual payments. Users can easily import multiple data formats using custom data templates, with the flexibility for suppliers to modify commissionable values for their commission plans. Additionally, the API facilitates direct data imports from open platforms. The commission hierarchy feature allows for the automatic assignment of downline agents and value splits based on transaction data such as IDs, customer details, or policy numbers, while access to this downline information can be controlled by user roles. Furthermore, lookup tables can enhance imported data by attaching supplementary information. Custom reporting capabilities enable businesses to create reports that meet their specific needs. For financial planning and accrual purposes, closed deals that have not yet achieved a commissionable status can still be calculated. Moreover, the built-in future commission report utilizes contract terms to project future commission revenue, providing valuable insights for long-term financial strategies. This comprehensive approach ensures that organizations can efficiently manage their commission structures and forecast potential earnings accurately.

Media

Media

Integrations Supported

Gmail
HubSpot CRM
HubSpot Customer Platform
HubSpot Marketing Hub
HubSpot Sales Hub
Insightly
Marketo
QuickBooks Online
QuickBooks Online Advanced
Salesforce
Slack
Wufoo
Xero
Zapier
Zoho CRM

Integrations Supported

Gmail
HubSpot CRM
HubSpot Customer Platform
HubSpot Marketing Hub
HubSpot Sales Hub
Insightly
Marketo
QuickBooks Online
QuickBooks Online Advanced
Salesforce
Slack
Wufoo
Xero
Zapier
Zoho CRM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

CompensationMaster

Company Website

www.compensationmaster.com

Company Facts

Organization Name

Commissionly.io

Date Founded

2018

Company Location

United Kingdom

Company Website

www.commissionly.io

Categories and Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Sales Performance Management

Incentive Compensation Management (ICM)
Predictive Sales Analytics
Quota Management
Reporting / Analytics
Sales Coaching Analysis
Sales Gamification
Sales Performance Tracking
Sales Planning & Forecasting
Territory Management

Categories and Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Popular Alternatives

Popular Alternatives

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