Commissionly

About Commissionly

Commissionly is a cloud based sales commission and compensation solution for SMBs, with tools for managing sales compensation, sales territory, sales quota and sales objectives in a single interface. Users and their payees can access their information via the online dashboard from anywhere, and create accurate reports to generate commission payout amounts. Key features include wizard based goals and target setting, compensation plans and calculations, commission setting and reports, and data import tools. Commissionly’s sales commission dashboard is where sales reps and payees can access all information related to any of their past and future commission payments. With simplified access to data, sales and compensation managers are able to see compensation calculated in real time, and view leaderboards to see who their top performers are. Features for performance management enable users to set sales goals and targets, which help to motivate teams. The wizard based sales goals and targets module provides a variety of target types and examples, and allows users to choose between targeting total sales profit, total sales revenue, product category sales, product unit, or order type. The smart sales compensation wizard tool allows managers to build complex commission structures, and automatically understands which type of commission the user wants to pay based on their selected target structure. Users can build flat or tiered based commission schemes, which can be paid as fixed amounts, as a percentage of sales revenue, a percentage of sales profit, or as an award or prize. All commissions are calculated automatically, and reports are generated for each employee with their specific target. With Commissionly, managers and administrators are able to create and manage territories with unlimited sales teams, and an unlimited combination of individuals belonging to each team. Commissionly also helps organizations to manage sales opportunities by enabling them to import opportunities data, including all products or services sold. The system stores the information in a CRM format, which means payees can review the opportunities they are being paid against, and validate the data. Commissionly also provides a product catalog which can be linked to any opportunity, meaning users can target and commission teams against product sales, categories, revenue, and margin.