Good data in, good payroll out.
January 16, 2024
Good data in, good payroll out.
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Varicent
We use Varicent to calculate commissions for approximately 900+ people. It easily takes inbound sales on a nightly feed along with the quota we upload and tracks performance on a category and subcategory level. In addition to commissions, Varicent allows for up-to-date performance reporting that is used by the Sales Organizations and Finance.
- Accuracy of calculations.
- Ability to 'lock' results used to pay sellers.
- Calculation speed is impressive given the volume of data coming in.
- Visualizations lag behind other 'big data' analytics platforms, but Varicent continuously makes significant improvements.
- We have reduced the time the Comp Admins take to validate commission payments.
- There has been a significant reduction in manual adjustments by Comp Admins to correct payouts.
- Sales Reps have more trust in their numbers.
Prior to using Varicent, our commission statements were very bland. With help from Varicent, we now have commission statements with slick graphs, charts, and KPIs. There are links sellers can use to get into more detail to see what is driving their results this month. Feedback from the Field has been nothing but positive and this came together very quickly with help from Varicent.
Do you think Varicent delivers good value for the price?
Yes
Are you happy with Varicent's feature set?
Yes
Did Varicent live up to sales and marketing promises?
Yes
Did implementation of Varicent go as expected?
Yes
Would you buy Varicent again?
Yes