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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 IMA360?

By modifying on-invoice prices, on-invoice incentives, and off-invoice commissions, companies can enhance their profit margins. IMA360 specializes in the optimization, budgeting, and implementation of pricing strategies alongside off-invoice modifications. Additionally, it leverages historical data to generate future sales forecasts and develop strategies that navigate competitive environments, factoring in elements like price sensitivity and inventory levels. Utilizing this framework, the system can assess and recommend the most advantageous pricing by taking into account relevant off-invoice adjustments for both customers and products. Recognizing that each business faces distinct challenges, IMA360 dedicates time to comprehend the specific data, processes, and cultural nuances of each organization, as well as their competitive positioning. This thorough understanding enables businesses to incorporate their unique attributes, or "secret sauce," into tailored solutions that yield measurable results. In collaboration, these features provide immediate insights into profitability specific to individual deals, facilitating smoother customer quotations and contract negotiations. To promote clarity and efficiency across the organization, all teams will have access to the same data points, fostering a unified approach to decision-making. Ultimately, IMA360's deep comprehension of a company's internal dynamics empowers it to deliver the most effective solutions.

Media

Media

Integrations Supported

Salesforce
Acumatica Cloud ERP
Infor Distribution SX.e
Microsoft Dynamics 365 Business Central
NetSuite
SAP ERP
Sage 300

Integrations Supported

Salesforce
Acumatica Cloud ERP
Infor Distribution SX.e
Microsoft Dynamics 365 Business Central
NetSuite
SAP ERP
Sage 300

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

IMA360

Date Founded

2020

Company Location

United States

Company Website

www.IMA360.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

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