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What is Xactly Commission Expense Accounting?

A comprehensive solution for overseeing commission expenses that ensures compliance with the latest ASC 606 and IFRS 15 standards. This platform streamlines the adjustment process for true-up changes caused by various contract-related events, such as contract modifications, shifts in employee status, or customer cancellations. Moreover, it automatically manages impairments due to alterations, including changes to start dates and adjustments in the benefit period. By providing a holistic view of the commission expense lifecycle, users gain access to an extensive array of automated reports and dashboards that include amortization schedules, profitability assessments, accounting model comparisons, and summarized roll forwards categorized by group. Xactly CEA delivers a robust, end-to-end solution that simplifies adherence to ASC 606, supporting both full and modified retrospective approaches. It also integrates seamlessly with existing organizational systems like CRM, HRIS, CLM, and CPQ platforms, enhancing its utility across the business. Furthermore, Xactly CEA adeptly handles multiple accounting books, ensuring compatibility with all downstream accounting ledgers. This functionality guarantees that organizations keep a transparent and precise record of their commission expenditures, which is critical for maintaining integrity throughout financial reporting and analysis. Ultimately, this solution not only increases efficiency but also empowers businesses to make informed decisions based on accurate data.

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.

Media

Media

Integrations Supported

Salesforce

Integrations Supported

Salesforce

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

Xactly Corp

Date Founded

2005

Company Location

United States

Company Website

www.xactlycorp.com/products/commission-expense-accounting

Company Facts

Organization Name

CompensationMaster

Company Website

www.compensationmaster.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

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

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