First Slide
The IncentiHub (formerly Herald Locic) Incentive Compensation Management platform ensures an agile sales incentive ecosystem to optimize existing / launch new incentive programs on-the-go.
It also drives sales motivation as incentive payouts are accurately computed and paid on time.
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Incentive Compensation Management
Platform As a Service

Herald Logic’s Incentive Compensation Management Solution is the 1st ‘managed
service platform’ on the cloud that enables organizations grow their business
profitably by building the right sales ecosystem.

Our Incentive Compensation
Management Solution helps organizations
in the following ways

Enable Technology Efficiencies

Efficient automation solution that seamlessly integrates with the clients’ existing ecosystem

Low upfront capex outflow as well as running costs compared to legacy solutions

Significant resourcing benefits w.r.t tech infrastructure provision and administration

Highly-available, highly-scalable, highly-durable architecture

Drive Better Control

Better payout management incl. taxation & accounting entries

Detailed audit trails from a control perspective.

Knowledge repository mitigates risk of loss of IP wrt sales compensation structures/administration.

Drive Sales Motivation

Timely and accurate sales incentive pay-outs.

Greater transparency via sharing of granular performance/earnings details.

Reward/Reinforce the right sales behaviours.

Achieve Bottom-Line Efficiencies

‘Pay as you scale’ pricing model to make technology administration in sync with business trajectory.

Reducing the risk of computation errors/fraud in a manual / semi-automated scenario.

Optimising resource costs – manpower as well as technology administration.

Achieve Top-Line Growth

Implement variables sales compensation structures aligned to ongoing micro business objectives.

Dynamically change variable sales compensation programs visavis business objectives, market/competitor developments etc.

Pro-active communication on Targets vs Achievements to drive productivity
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Incentive Compensation Management

Our Incentive Compensation Management module ensures an agile sales incentive ecosystem to optimize existing / launch new incentive programs on-the-go. It also drives sales motivation as incentive payouts are accurately computed and paid on time.
  • Develop & administer micro-level, incisive sales compensation structures, which are aligned to the business strategy at the lowest common sales node level.
  • Reduce TAT for computation & payout of sales compensation as well as payout administration including taxation and accounting entries.
  • Use varied pay-out cycles across channels as a source of competitive differentiation.
  • Support payout with communication and computation details at transaction level, to every incentive/commission-earning entity in every processing cycle.
  • Handle payout processing exceptions in a structured manner with audi
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Lifecycle Management

Our Lifecycle Management module enables streamlined, digital/phygital partner recruitment, onboarding and business enablement at a LOB/Channel/Partner level. It helps solve complexities wrt sales hierarchies as well as sales resources movement, improving payout computation efficiencies.
  • Seek applications from potential channel partners through digital outreach
  • Have multiple internal approval workflows (including documentation upload facility) for reviewing & approving potential channel partners
  • Creating an agent code mimicking the naming convention of the organization
  • Recording performance commitments & compensation terms as agreed
  • Administering this on an ongoing basis including
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Performance Management

Our Performance Management module helps track sales performance across staff / channel partners at multiple levels up to an individual program. This allows role-based access to incisive program/partner/staff-level analysis wrt program effectiveness, sales performance – what’s working and what corrective measures are needed to realize better ROI.
  • Compensation base data generates real-time dashboards that allows alignment and effective sales performance management by enabling performance reviews across hierarchies
  • Ensure pre-emptive communication that keeps the entire sales hierarchy informed of where they are vis-a-vis their targets
  • Generate performance as well as compensation reports at a sales agent/channel partner level, email / SMS it to them, as well as feed into a centralised sales portal for online access and viewing.
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