How does our automated Commission Calculation App work?
Commissions are a very useful and effective tool to motivate employees and reward them for exceptional work and commitment.
We have developed a solution for Salesforce which enables you to automate commission calculations — in real time. It's also possible to adjust the commission rates for individual recipients.
The problem
In many industries, commissions are an essential component of the pay structure. However, even for companies using Salesforce, the standard functions such as opportunity teams and opportunity splits may not be sufficient, as they don't allow users to directly calculate commissions. This means commission calculations often have to be outsourced to the finance department, possibly leading to delays and discrepancies in the rates calculated.
Commission rates are usually calculated using fixed or variable percentages based on the amount generated by an opportunity. Our app automatically processes these commission calculations in Salesforce in real time.
Our solution
With our app, you can automate the process of rewarding your employees for new leads quickly and ensure that they are paid consistently calculated commissions for their results, with efficiency. Requiring minimal effort to implement, the app is easy to use, transparent and reduces a multitude of manual processes.
Functions at a glance
The app's key features and functions
Assign a commission rate and recipient to leads and track them throughout the sales process, from closing to project implementation and invoicing.
Define the period for which commissions will be generated for the employee (for example, one year).
By linking invoices, commissions and customer records you can automatically process an employee’s commissions as a creditor invoice without any additional accounting work.
You can check the status of a commission in the system at any time.
Evaluate how much an employee has earned in commission and the number of commissions they have generated to use in reports and personnel evaluation.
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