Administration and turn around time cut from 20 days to 4 days
Commissions calculations are complex beasts, depending on a variety of customer factors and variables. Though such calculations are meant to match commissions more closely with the value of the sale, their complexity can bring about numerous problems for manual commission calculations. The more complex the calculation, the more likely it is to be miscalculated. This is even true for spreadsheet-based practices, which can propagate an entire series of errors before the original calculation error is caught. The result can be lost revenue, lost time and a damaged relationship between your organization and your sales force.
Avoid these problems with the best pharmaceutical sales compensation software available — PerformanceCentre.
PerformanceCentre is the best sales compensation software for medical equipment and pharmaceutical businesses, helping to mitigate the difficulties associated with commission compensation for medical sales teams. This easy-to-use sales commission management software for med tech companies uses a combination of business analytics, accurate commission calculations and motivating dashboards to help implement best practices in your institution. The benefits of our software speak for themselves:
On top of these benefits, PerformanceCentre is highly affordable, on average costing less than one percent of a business’ total commissions, making for an excellent return on investment. Since our sales commission software was launched in 2006, PerformanceCentre has calculated over $300 million in commission payments, saving more than 500,000 administration hours for pharmaceuticals and medical device businesses. You can be confident it’s tried and tested.
“PerformanceCentre has been excellent to work with. They have met our expectations at administrator and end user level and worked to deploy key functionality quickly and efficiently. The Sales Team love it. I highly recommend PerformanceCentre to any company looking at streamlining sales commissions reporting.”
“The sales team love it! From start to finish, PerformanceCentre has been excellent to work with. Their support is second to none. I highly recommend PerformanceCentre to any company looking at streamlining their sales commissions, incentive calculations and sales reporting.”
“Using PerformanceCentre makes it easy for us to manage internal sign off processes and maintain the quality and integrity of our data going in and the reporting coming out. The payroll data accuracy is very precise and completely reliable.”
As the leading incentive compensation solution for pharmaceuticals and medical device businesses in Australia, we are more than familiar with the unique challenges of paying for performance in this industry. Discover how our clients got complete control over processes and procedures, reduced administrative costs and eliminated over payments dramatically.
See for yourself how PerformanceCentre incentive compensation management software can help your medical technology business thrive.