{"id":9184,"date":"2022-03-31T05:21:16","date_gmt":"2022-03-31T05:21:16","guid":{"rendered":"http:\/\/3.111.132.52\/?page_id=9184"},"modified":"2022-11-15T10:37:45","modified_gmt":"2022-11-15T10:37:45","slug":"incentihub","status":"publish","type":"page","link":"http:\/\/3.111.132.52\/index.php\/incentihub\/","title":{"rendered":"IncentiHub"},"content":{"rendered":"

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Incentive Compensation Management
\nPlatform As a Service<\/h2>
Herald Logic\u2019s Incentive Compensation Management Solution is the 1st \u2018managed
\nservice platform\u2019 on the cloud that enables organizations grow their business
\nprofitably by building the right sales ecosystem.<\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row tlg_parallax=”not-parallax”][vc_column][vc_row_inner][vc_column_inner]

Our Incentive Compensation
\nManagement Solution helps organizations
\nin the following ways<\/h2><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][vc_carousel_father slide_visible=”3″ arrow=”false” dotclr=”#000000″][vc_carousel_son image_id=”11222″ title=”Enable Technology Efficiencies”]<\/p>\n

Efficient automation solution that seamlessly integrates with the clients\u2019 existing ecosystem<\/p>\n

Low upfront capex outflow as well as running costs compared to legacy solutions<\/p>\n

Significant resourcing benefits w.r.t tech infrastructure provision and administration<\/p>\n

Highly-available, highly-scalable, highly-durable architecture<\/p>\n

[\/vc_carousel_son][vc_carousel_son image_id=”11224″ title=”Drive Better Control”]<\/p>\n

Better payout management incl. taxation & accounting entries<\/p>\n

Detailed audit trails from a control perspective.<\/p>\n

Knowledge repository mitigates risk of loss of IP wrt sales compensation structures\/administration.<\/p>\n

[\/vc_carousel_son][vc_carousel_son title=”Drive Sales Motivation” image_id=”11225″]<\/p>\n

Timely and accurate sales incentive pay-outs.<\/p>\n

Greater transparency via sharing of granular performance\/earnings details.<\/p>\n

Reward\/Reinforce the right sales behaviours.<\/p>\n

[\/vc_carousel_son][vc_carousel_son image_id=”11226″ title=”Achieve Bottom-Line Efficiencies”]<\/p>\n

\u2018Pay as you scale\u2019 pricing model to make technology administration in sync with business trajectory.<\/p>\n

Reducing the risk of computation errors\/fraud in a manual \/ semi-automated scenario.<\/p>\n

Optimising resource costs \u2013 manpower as well as technology administration.<\/p>\n

[\/vc_carousel_son][vc_carousel_son image_id=”11227″ title=”Achieve Top-Line Growth”]<\/p>\n

Implement variables sales compensation structures aligned to ongoing micro business objectives.<\/p>\n

Dynamically change variable sales compensation programs visavis business objectives, market\/competitor developments etc.<\/p>\n

Pro-active communication on Targets vs Achievements to drive productivity<\/p>\n

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Incentive Compensation Management<\/h2>
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.<\/div><\/div><\/div>[vc_column_text]<\/p>\n
    \n
  • Develop & administer micro-level, incisive sales compensation structures, which are aligned to the business strategy at the lowest common sales node level.<\/li>\n
  • Reduce TAT for computation & payout of sales compensation as well as payout administration including taxation and accounting entries.<\/li>\n
  • Use varied pay-out cycles across channels as a source of competitive differentiation.<\/li>\n
  • Support payout with communication and computation details at transaction level, to every incentive\/commission-earning entity in every processing cycle.<\/li>\n
  • Handle payout processing exceptions in a structured manner with audi<\/li>\n<\/ul>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row tlg_parallax=”not-parallax” css=”.vc_custom_1668079369692{background-image: url(http:\/\/3.111.132.52\/wp-content\/uploads\/2022\/11\/Right-Bg-2.png?id=11189) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_row_inner css=”.vc_custom_1667302514415{background-position: 0 0 !important;background-repeat: no-repeat !important;}”][vc_column_inner width=”1\/2″]

    Lifecycle Management<\/h2>
    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.<\/div><\/div><\/div>[vc_column_text]<\/p>\n
      \n
    • Seek applications from potential channel partners through digital outreach<\/li>\n
    • Have multiple internal approval workflows (including documentation upload facility) for reviewing & approving potential channel partners<\/li>\n
    • Creating an agent code mimicking the naming convention of the organization<\/li>\n
    • Recording performance commitments & compensation terms as agreed<\/li>\n
    • Administering this on an ongoing basis including<\/li>\n<\/ul>\n

      [\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_single_image image=”11235″ img_size=”full” alignment=”center”][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row tlg_parallax=”not-parallax” css=”.vc_custom_1668079379453{background-image: url(http:\/\/3.111.132.52\/wp-content\/uploads\/2022\/11\/Left-Bg-1.png?id=11187) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_row_inner css=”.vc_custom_1667303559871{background-position: 0 0 !important;background-repeat: no-repeat !important;}”][vc_column_inner width=”1\/2″][vc_single_image image=”11231″ img_size=”full” alignment=”center”][\/vc_column_inner][vc_column_inner width=”1\/2″]

      Performance Management<\/h2>
      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 \u2013 what\u2019s working and what corrective measures are needed to realize better ROI.<\/div><\/div><\/div>[vc_column_text]<\/p>\n
        \n
      • Compensation base data generates real-time dashboards that allows alignment and effective sales performance management by enabling performance reviews across hierarchies<\/li>\n
      • Ensure pre-emptive communication that keeps the entire sales hierarchy informed of where they are vis-a-vis their targets<\/li>\n
      • 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.<\/li>\n<\/ul>\n

        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

        [vc_row full_width=”stretch_row” full_height=”yes” css=”.vc_custom_1668081890928{margin-top: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][\/vc_column][\/vc_row][vc_row tlg_parallax=”not-parallax” el_id=”CICMS” css=”.vc_custom_1668081902617{padding-top: 0px !important;background-image: url(http:\/\/3.111.132.52\/wp-content\/uploads\/2022\/11\/Incentive-Compensation-Management-bg.png?id=11214) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_single_image image=”10821″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row tlg_parallax=”not-parallax”][vc_column][vc_row_inner][vc_column_inner][\/vc_column_inner][\/vc_row_inner][vc_carousel_father slide_visible=”3″ arrow=”false” dotclr=”#000000″][vc_carousel_son image_id=”11222″ title=”Enable Technology Efficiencies”] Efficient automation solution that seamlessly integrates with the clients\u2019 existing ecosystem Low upfront capex outflow as well as running costs compared…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-9184","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/pages\/9184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/comments?post=9184"}],"version-history":[{"count":97,"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/pages\/9184\/revisions"}],"predecessor-version":[{"id":11296,"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/pages\/9184\/revisions\/11296"}],"wp:attachment":[{"href":"http:\/\/3.111.132.52\/index.php\/wp-json\/wp\/v2\/media?parent=9184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}