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What is SAP SuccessFactors Incentive Management?

Simplify complex sales strategies, gain immediate insights, and motivate sales teams to enhance performance and drive business growth. Cultivating a highly motivated sales team can significantly improve both profitability and overall effectiveness. Managing strategic incentive compensation is crucial for optimizing your sales teams' performance by encouraging rewarding behaviors that increase revenue and further organizational goals. With the SAP SuccessFactors Incentive Management solution (formerly called SAP Commissions), you can design, model, and refine adaptable and sophisticated incentive compensation plans while obtaining real-time insights that energize sales teams to maximize their capabilities. This groundbreaking approach not only enhances sales effectiveness but also aligns with the company's overarching objectives, paving the way for enduring success. By investing in these innovative strategies, businesses can create a culture of achievement that propels them ahead of their competition.

What is Monocle?

Develop strategic promotional initiatives that drive incremental profits while safeguarding brand integrity and maintaining profit margins, resulting in a notable 35% increase in gross profit. Utilize tailored offers delivered via email or SMS to create the perfect motivation for customers to complete their purchases. Refine on-site promotions and craft appealing incentives to inspire visitors to either sign up for your newsletter or make a purchase. Gain immediate insights into the performance of your incentive spending across different channels, allowing for timely adjustments to advertising strategies based on customer reactions to discounts. Leverage sophisticated AI technologies to analyze a multitude of signals, pinpointing the most impactful offers for each unique consumer, thus removing ambiguity from your incentive approaches. Ensure that your incentive framework is in harmony with your brand’s strategic objectives, guaranteeing that every promotional initiative is in line with your overarching brand vision. Assess the genuine impacts of your incentives through our automated, no-code analytics platform, which streamlines and enhances data-driven decision-making. This holistic strategy not only elevates profits but also fosters stronger customer loyalty and deeper engagement, ultimately creating a more sustainable business model. By continuously refining your approach, you can adapt to changing market dynamics and better meet customer preferences.

Media

Media

Integrations Supported

Box
Data Secure
Docusign
NetSuite
NetSuite CRM
SAP Litmos LMS
SAP Store
Salesforce
VE3 DataWise
eSkill

Integrations Supported

Box
Data Secure
Docusign
NetSuite
NetSuite CRM
SAP Litmos LMS
SAP Store
Salesforce
VE3 DataWise
eSkill

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

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/hcm/incentive-compensation-management.html

Company Facts

Organization Name

Monocle

Company Location

United States

Company Website

www.usemonocle.com

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

Categories and Features

Artificial Intelligence

Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)

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