|Can NetCommissions help me develop an ROI for this project?|
Yes, NetCommissions will work with any company evaluating the NetCommissions hosted incentive compensation solution. The output of this analysis is commonly an ROI report that can be used during project budgeting discussions. With breakeven usually under 12 months, most companies find that ROI of the NetCommissions solutions will be quicker than that of packaged software due to the lower cost structure.
|What does NetCommissions do?|
NetCommissions is a provider of 'hosted incentive compensation solutions'. The services, which are hosted by NetCommissions and available as interactive web applications for a monthly subscription fee, include plan management, communication and collaboration.
|I'm a sales manager. How can I benefit from NetCommissions?|
As a sales manager, partnering with NetCommissions allows you to focus attention on the strategic importance of your incentive compensation program while being assured that the administration and support of your program automation is in good hands. Your reps will be free to focus more time on selling activities and spending less time double checking the accuracy of thier commissions statement (shadow accounting).
|I'm an individual sales person. How can I benefit from NetCommissions?|
NetCommissions brings you an easy way to view the results of your efforts. By securely logging onto the NetCommissions portal, users can access a full suite of on-line web reports that present them with clear and timely performance feedback.
|What if I'm not in sales? How can I benefit from NetCommissions? |
NetCommissions provides a set of communication services that includes accessing on-line web reports through the secure NetCommissions portal. This information typically includes key attainment reports related to individual goals, corporate performance, annual bonus, etc. that provide employees with critical feedback related to how their behavior and decisions align with an ever changing set of corporate goals.
|My organization uses resellers. Can they access NetCommissions? |
Yes, channel partners are treated with the same level of importance as direct employees. The security protocols that govern the flow of information to channel partners and resellers are managed by the subscribing organization. This level of access is common to the financial services industry where extensive networks of broker dealers are leveraged and communication efficiency and accuracy is critical.
|I'm a sales operations analyst. How can I benefit from NetCommissions?|
NetCommissions is a strategic partner that frees analysts to shift their focus from tactical administration of the incentive compensation process and allows them to focus more attention on the strategic aspects of the process.
For customers who subscribe to Plan Management Services , analysts have a high level of access to information being managed through NetCommissions, allowing them to quickly adjust to dynamic competitive conditions through management of key plan data and variables such as rate tables, organizational hierarchies, territories, quota's, SPIF's, etc.
For customers who subscribe to Reporting Services , analysts have high levels of visibility to not only key data and variables upon which the plans depend, but also to the reports to which everyone in the organization they support have access. This, of course, is subject to the security and access rules of each customer. One thing we have found is that no two companies support their payee base in exactly the same manner, thus NetCommissions has taken a very flexible approach in how report access is securely managed.
For customers who subscribe to Workflow Solutions , analysts have dashboard level access and control of the processes which have been automated using NetCommissions Business Process Management technology. The high level of automation that turns manual firefighting drills into automated, custom configured web applications, brings high levels of control to these processes and allows the analyst to focus more on the strategic intent of the process and less on its manual administration.
|I'm a marketing manager. How can I benefit from NetCommissions?|
With the added level of flexibility that partnering with process experts such as NetCommissions brings, marketing managers are able to respond quicker to changes in the competitive environment. Leveraging programs such as SPIF's (Special Promotional Incentive Funds) allow marketing to use incentive compensation to target emerging market segments with increased commissions rates. These programs can be useful with product lifecycle management activities such as product obsolescence where incentive compensation can be used to encourage sales of products soon to be 'sunsetted'.
|What is a payee?|
A payee is any person or entity that is receiving output of the incentive compensation process. This output may be in the form of either reports or commission checks. These plan participants often include sales reps, sales managers, channel partners, employees, etc.
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