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What is ZenCentiv?

Instead of depending on obsolete spreadsheets or ineffective approaches, you should explore an automated solution that is specifically designed to craft your distinctive compensation strategy. Developed by experienced professionals in sales compensation who have a proven track record of creating and implementing incentive compensation management (ICM) solutions for major corporations, our product is backed by decades of expertise in the industry. Our committed team has designed a robust system that is intuitive, provides valuable insights from the beginning, and has the capability to scale up to support thousands of participants in your plans. By selecting ZenCentiv, you gain access to our comprehensive support throughout the entire journey, from the initial setup to ongoing monthly management. Having faced and overcome similar challenges ourselves, we are prepared to offer outstanding assistance that you can depend on. Opting for ZenCentiv not only simplifies your compensation management process but also facilitates a more seamless transition to a more efficient operational framework. Ultimately, this choice can lead to enhanced productivity and satisfaction for all stakeholders involved.

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.

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

ZenCentiv

Date Founded

2021

Company Location

United States

Company Website

www.zencentiv.com

Company Facts

Organization Name

Xactly Corp

Date Founded

2005

Company Location

United States

Company Website

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

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

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

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