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Sales commission programs exist in every shape and size. These programs tend to vary significantly from industry to industry, and many times within companies in an industry. Sales commission programs tend to be different by employees even within a single firm. Variations can include the kind of performance being incented (Revenue vs Margins), the frequency of calculation (Monthly vs Quarterly), the type of transactions being incented (Sales orders vs Invoices vs Payments), the level of salespeople being incented (Salesrep vs Sales Manager), whether Draw or Cap is being used, and so on.
Seradex ERP has a flexible Sales Commissions software tool with the Advanced Commission Tracking module. It is an add-on module that integrates with Seradex ERP at Sales Order and Invoice processing.
Sales compensation programs differ by company. However, all sales compensation and incentive programs have one thing in common: Effective administration requires time and money. We can help reduce your administrative costs and still enable you to provide reliable and accurate information to your sales force and sales management
Many manufacturing companies have commission plans for sales employees, dealers, distributors, contractors and other sales agents. Tracking, calculating, controlling and administering commissions is time consuming and error prone. Over and under payments often occur leading to sales force friction and reduced moral.
"Sales Commission Tracking" is part of the Seradex ERP Software line of products, developed by Seradex.