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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 Visdum?

Design and implement a customized sales compensation strategy that aligns with your SaaS objectives, emphasizing key performance metrics that drive success. Accurate data and straightforward payout processes will empower you to make informed business choices. By eliminating the need for spreadsheets, you can enhance productivity and elevate sales outcomes. Establish equitable and adaptable compensation plans that respond to evolving business demands, inspiring your team to excel. Gain insights through a comprehensive 360-degree view of your sales commissions in real time. Maximize your earning potential effortlessly by connecting to any data source with just a few clicks while ensuring data integrity is preserved. You can automatically synchronize your data with real-time updates or set a custom schedule for regular intervals. Access all your data instantly, without the hassle of downloading numerous reports, thereby saving significant time as your information is continuously updated with your ERP or CRM. This approach guarantees data accuracy and cleanliness. Additionally, receive automated reminders within your system to keep your commission structures current and relevant, ensuring your compensation strategy remains effective.

Media

Media

Integrations Supported

Salesforce
ADP Enterprise HR
Chargebee
Docusign
Freshsales
Google Cloud BigQuery
HiBob
HubSpot Customer Platform
JumpCloud
Microsoft Dynamics 365 Business Central
Microsoft Entra ID
NetSuite
Okta
OneLogin
QuickBooks Online
Sage Intacct
Slack
Workday HCM
Zoho Books
Zoho CRM

Integrations Supported

Salesforce
ADP Enterprise HR
Chargebee
Docusign
Freshsales
Google Cloud BigQuery
HiBob
HubSpot Customer Platform
JumpCloud
Microsoft Dynamics 365 Business Central
Microsoft Entra ID
NetSuite
Okta
OneLogin
QuickBooks Online
Sage Intacct
Slack
Workday HCM
Zoho Books
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

Xactly Corp

Date Founded

2005

Company Location

United States

Company Website

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

Company Facts

Organization Name

Visdum

Date Founded

2020

Company Location

Wilmington, Delaware

Company Website

www.visdum.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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