Publicly-Traded Compensation Management Leader Leverages Compel's AppExchange Integration with Salesforce.com
BURLINGTON, Mass., March 30 /PRNewswire/ -- Centive, the leader in on- demand strategic sales compensation management, today announced that Salary.com, Inc. (NASDAQ:SLRY), a leading provider of on-demand compensation management solutions, has selected Centive Compel(R) to automate sales compensation management for its worldwide salesforce. Salary.com will deploy Centive's AppExchange-certified solution within salesforce.com, providing its sales representatives and managers with a single, integrated view of actual earnings and attainment performance as well as potential earnings based on forecast opportunities.
"After a comprehensive evaluation of sales compensation solutions on the market, Centive Compel emerged as the best fit for our requirements," said Ken Goldman, senior vice president and chief financial officer, Salary.com. "As a publicly traded company, our financial applications have to support our Sarbanes-Oxley compliance initiatives, and Centive proved most capable in that area. In addition, their integration with salesforce.com will enable us to derive additional value from our CRM system investments." Centive Compel, the most widely used on-demand sales compensation management solution, automates the entire sales compensation process in one secure, centralized system. More than just a calculation tool, Compel provides strategic value by enabling customers to model and forecast commission expense, optimize plan effectiveness, and drive sales performance and top-line revenue growth.
"Salary.com understands the power of compensation in driving performance; it's part of their corporate DNA," said Mike Torto, president and CEO, Centive. "We are pleased that a leader in on-demand compensation solutions recognizes Centive Compel as the best solution for on-demand sales compensation management." About Salary.com Salary.com is a leading provider of on-demand compensation management solutions helping businesses and individuals manage pay and performance. Salary.com provides companies of all sizes comprehensive on-demand software applications that are tightly integrated with its own proprietary compensation data sets, thereby automating the essential elements of the compensation management process and significantly improving the effectiveness of its client's compensation spend. For more information, visit http://www.salary.com/.
About Centive Centive, headquartered in Burlington, MA, is the recognized leader in on- demand strategic sales compensation management. Companies use Centive Compel, hailed by CIO Magazine as the "most widely used choice for sales compensation management," to accurately model and forecast commission costs, calculate commission and bonus earnings and gain real-time visibility into sales performance metrics. Compel, a salesforce.com AppExchange certified solution, is a winner of the 2006 CODiE award for "Best Financial Software," the 2006 CRM Excellence award from Customer Inter@ction Solutions, and the 2007 CRM WizKids Award from Beagle Research. To learn more about Centive, please visit http://www.centive.com/ or call 1-877-CENTIVE.
Compel and From Prospect to Paycheck are registered trademarks of Centive, Inc. All other company or product names are or may be trademarks of their respective owners.
Contact: Robert S. Conlin Liz Bradley
Centive Kel & Partners
781-852-3503 508-366-2099 ext.119
DATASOURCE: Centive CONTACT: Robert S. Conlin of Centive, +1-781-852-3503, ; or Liz Bradley of Kel & Partners, +1-508-366-2099 ext. 119, Web site: http://www.centive.com/ http://www.salary.com/ http://www.salesforce.com/
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