SAN JOSE, Calif.--(EON: Enhanced Online News)--Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that Big Switch Networks, the leader in bringing hyperscale-inspired networking to data centers worldwide, has chosen and standardized on Xactly to automate its sales compensation processes. Using Xactly, Big Switch Networks has: simplified management of its commission payments, improved payment accuracy to virtually 99% error free, and cut the time to calculate its payments by more than 97%.
“With Xactly, finance departments gain more accurate accruals, and sales people benefit with more insight into their plans – incenting the right behaviors, and giving them confidence that they’re being paid the right amount.”
Before adopting Xactly, it took Big Switch Networks over 18 hours each month to calculate sales compensation payments – a process that now takes them less than a half hour.
“We’ve saved an enormous amount of time by switching to Xactly,” said Gavin McChesney, manager, sales operations for Big Switch Networks. “However, time is only one of many benefits we’ve gotten from the solution. With Xactly, our payouts have become virtually 99% error free. This, in turn, has increased our accruals accuracy and lowered our commission disputes.”
“Customers like Big Switch Networks tell us that our ability to provide real-time visibility into commissions and compensation data – on-demand – provides tremendous strategic value to their business,” said Bernie Kassar, Chief Customer Officer of Xactly Corporation. “With Xactly, finance departments gain more accurate accruals, and sales people benefit with more insight into their plans – incenting the right behaviors, and giving them confidence that they’re being paid the right amount.”
Headquartered in San Jose, California, Xactly is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. Named a leader in Gartner’s Magic Quadrant for Sales Performance Management software, Xactly addresses a critical business need to incentivize employees and align their behaviors with company goals. Our products allow organizations to make more strategic decisions, increase employee performance, improve margins, and mitigate risk.
Our core values are key to our success, and each day we’re committed to upholding them by delivering the best we can to our customers. To learn more about Xactly and the latest issues and trends in SPM software, follow us on Twitter, Facebook, and subscribe to the Xactly blog
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