Compensation Management Software

Get the best compensation management software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

Popular Products

Use Linker Series to easily link a customer to a vendor, apply existing Customer balances against Vendor balances, settle the net credit/debit balances, process and transfer sales commissions, process and transfer employee…
Commission Plan uses a three dimensional model, based on Salesperson, Customer and Item to determine the commission rate. It gives you the ability to define commission schedules that range from extremely simple to highly…
Acumatica is a cloud ERP system designed for the SMB market. Acumatica includes functionality for financial management, customer management, project accounting, distribution management, manufacturing management, field service…
Price Range
$ $ $ $ ·
Starting Price
$12,800/year
Platforms
Web, Windows
Deployment
Hosted or Local
CommissionCalc automates unique and complex commission plans for companies of all sizes worldwide. If you spend 8 or more hours per month computing commissions, you can justify CommissionCalc. CommissionCalc saves you time…
Platforms
Windows
Bonus 2000 is a commissions tracking software designed for insurance agencies across the nation. Using the commissions structure of your agency, Bonus 2000 will & Keep track of all of your sales and applications, generate…
Platforms
Windows
Callidus Software has earned the enterprise label Callidus Software realized it was not enough to merely apply an enterprise label to what we do: we had to put our resources where our claims were. And working closely with…
SAP Business One provides comprehensive business management capabilities for small and medium sized companies. 50,000 plus companies utilize SAP Business One to provide integrated departmental support for finance, sales…
Price Range
$ $ $ $ ·
Starting Price
$410/year/user
Platforms
Windows
Deployment
Hosted or Local
QCommission is powerful, flexible sales commission software. It calculates your sales people’s compensation, accurately, quickly and professionally. QCommission is integrated with US & Canadian editions of QuickBooks 2002…
Starting Price
$10/month/user
Platforms
Windows
Deployment
Hosted or Local
CompensationMaster helps companies increase productivity and profitability by successfully managing sales force compensation. Using our systematized approach you can accelerate revenue, motivate your sales force more…
Platforms
Windows
Deployment
Locally Installed
NetSuite ERP is a cloud-based, developer-hosted, cloud ERP software platform offered on a software-as-a-service (SaaS) basis. NetSuite advertises its ERP solution as “the world’s most deployed cloud ERP” solution. NetSuite…
Price Range
$ $ $ $ ·
Starting Price
$99/month/user
Platforms
Web
Deployment
Hosted (cloud-based)
Powerful platform for your sales commission management needs Handles the most complex commission plan requirements featuring an industry-leading Formula Builder that handles splits, overrides, bonuses, draws and all aspects…
Platforms
Web, Windows
Deployment
Hosted (cloud-based)
The less time you spend planning and managing your sales commissions, the more time you can spend building revenue and driving business. With our Sales Motivator software, you have a totally transparent way to create sales…
Platforms
Windows
You belong to the team that is the life blood of your company. Without you, revenues are not generated, profits are not made and the company doesn’t survive. Yet, unless the sales team is properly deployed and effectively…
Starting Price
$15/month/user
Platforms
Web
Deployment
Hosted (cloud-based)
Sage 300 is a business management software solution designed for small and medium-sized businesses. Critical program functionality includes support for accounting, sales, service, purchasing, and inventory management tasks…
Price Range
$ $ $ · ·
Starting Price
$2,075/user (one time)
Platforms
Web, Windows
Deployment
Hosted or Local
Advanced Billing enhances the receivables capabilities of Great Plains and Small Business Manager with functionality designed specifically for the Insurance industry: recurring transaction processing, split commission…
Platforms
Windows
Improve sales force productivity, Lower administrative costs, Improve strategic value of incentive compensation. With NetCommissions you get all the capabilities you need to automate the sales incentive & commissions process…
Platforms
Web
Deployment
Hosted (cloud-based)
Automated Commission Tracking at its Finest CommissionHQ seamlessly takes your real estate transaction data, combines it with agent commission information and creates a crystal clear picture of your financial standing (and…
Platforms
Web
Deployment
Hosted (cloud-based)
With the October ’18 release, Dynamics NAV transitions to Dynamics 365 Business Central on-premises. Since Dynamics NAV and Dynamics 365 Business Central share the same code base, the transition for customers from Dynamics…
Price Range
$ $ $ · ·
Starting Price
$65/month/user
Platforms
Web, Windows
Deployment
Hosted or Local
Commission Calculator (Standard) Simply the best way to track commissions in QuickBooks If you pay commissions to your sales reps and use QuickBooks, this is a MUST HAVE. You’ll be amazed at the time this will save you…
Platforms
Windows
A subscription based database solution that simplifies commission calculation, deal tracking, and accounting tasks. Created using Microsoft .NET technology everyone in your organization benefits from the many features found…
Platforms
Web
Deployment
Hosted (cloud-based)
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Compensation Management Software Buyer’s Guide

Sales transactions and compensation reveal a great deal about how well your organization is operating. Accurately predicting, calculating and tracking incentive based compensation can be vital to your success. Commission software can help improve sales productivity by centralizing and automating your incentive compensation plan. Read on to find out more about your options and how to find the right program for your business.

Stop Using Error-Prone and Time Consuming Methods

Commission tracking can be a complex chore. If you are tracking multiple plans with a variety of commission rates, splits, bonuses, caps, overrides, and guaranteed payments, you are already aware of this fact. Many organizations start off by using spreadsheets or Word documents. These manual processes tend to be error prone, though. Also, you can quickly find yourself unable to easily produce reports.

Sales managers rarely have time on their side. For most sales executives, measurements of key performance indicators are only available after the close of the month or quarter. Waiting for sales compensation calculations means reacting to dated data. It also introduces delays in terms of making adjustments. That can lead to a less satisfied sales force.

Access the Automation Opportunity With Commission Tracking Software

The solution for companies like yours is automation of commission tracking with task specific software. Avoiding error prone and time intensive manual methods will not only yield better results, but cut overhead time. Time saved for your sales force means more time for revenue generating activities. The more complex your commission plan, the larger the time savings can be.

Ensure Performance Visibility

Commission tracking modules help greatly with performance tracking. Compensation data is a rich resource of key performance indicators. Access to accurate and easily visualized commission tracking data can help you make better decisions at both the individual and corporate level.

You can calculate commission compensation based on various performance variables as well as manage key dates in your company’s sales or compensation cycle. It will also help manage regulatory reporting requirements related to compensation and bonuses.

Track Effective Incentive Programs and Ensure Confidence in Compensation Metrics

Great business leaders recognize that compensation is a sales executive’s best strategic tool to motivate specific selling behaviors. With capable software you can configure commissions and incentives on the basis of value, number of units, products, channel, time period, location and campaign. Commissions can be split between multiple payees while allowing for manual overrides. Draws and adjustments are also much easier to handle with a commission tracking application. Some solutions will provide menu based calculations. Most allow you to create custom calculations.

Eliminate Sales Force Frustration With Difficult to Understand Commission Plans

Transparency leads to accuracy. There’s few places transparency is more important to employee satisfaction than when it comes to their pay. Many compensation issues arise when employees don’t fully understand compensation rules. Are your commissions based on gross sale revenue, or gross sale revenue minus discounts, returns, taxes, etc? Commission tracking software not only handles calculations, but can be used to publish clear reports for staff members. For many employees, a common point of confusion is when sales revenue is booked. Accessible reports are an easy way to eliminate this confusion. Is your revenue booked when the purchase order is raised, when payment is received, when delivery is complete, or when the grace period for returns is over? Use your software as a central repository that clearly defines these rules.

Take the Next Step

Finding the right system to track your commissions and plan for future sales can seem like a difficult task. But it doesn’t have to be. Our free software search service will help save you time finding the right program for your organization. Get started today!