Netcommissions Inc
60 Island Street
01840 Lawrence
Web: www.netcommissions.com
Actions| Secure, On-Line Incentive Compensation Management Solutions |
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| Product Manager | Gerald Hegarty |
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| Product Description |
The NetCommissions™ family of solutions, including Reporting, Plan Management and Workflow, is offered in a modular fashion allowing you to address improvements to those elements of the process your business currently demands.
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| When I think about this product I love | |
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| Reporting Services |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
Strategic alignment is impossible without clear and timely communication. At NetCommissions, we recognize this and offer the most advanced reporting solutions available.
Customers leverage our on-line data management utility to securely upload information (such as results, territory, quota, goals, relevant performance measures, sales transactions, etc.) into the NetCommissions 'Quick Start' data model. All Reporting services leverage this information in an economical and efficient way. ON-LINE WEB REPORTING Management Reports Management Reports leverage the hierarchy and security information that is implemented during start-up to provide managers visibility into the performance information of subordinates. Report templates include commission summaries, ranking reports, bonus reports (club, individual, etc), and commissions plan documents. Payee Reports Payee Reports (payees are individual contributors such as sales people, employees and partners) provide a critical tool for reinforcing strategic goals and motivating behavior across the organization. Report templates include commission summaries, ranking reports, bonus reports (club, individual, team, etc), and commission plan documents. Analyst Reports Analyst Reports provide compensation analysts with all the relevant commission and organizational data they require to deliver accurate and timely commission payments. REPORT DISTRIBUTION SERVICES NetCommissions Portal Subscribers can access web reports through the NetCommissions portal. When new reports are generated, e-mail alerts with embedded links are sent to all payees who simply have to click on the appropriate embedded links to be routed to the NetCommissions portal. Here they can log in using their unique username and password, granting them secure access to their own timely incentive compensation information. Custom Portal NetCommissions can provide customers with reports that can be distributed to users of company portals. E-mail Report Distribution NetCommissions offers an e-mail distribution option that allows you to circulate reports to payees as e-mail attachments. Snail-mail Report Distribution NetCommissions offers the option of circulating incentive compensation information through the postal system. This service is attractive to firms who may have payees that may not have Internet access. NetCommissions will manage all aspects of mass mailing the hard copy reports. |
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| Plan Management Services |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
NetCommissions Plan Management Services provide customers with technological and administrative support resources focused solely on the tasks of calculating the results of incentive compensation plans in a timely and accurate manner. The 24x7 availability of technical support for our process administrators provides NetCommissions customers with unparalleled flexibility and quality service levels.
By outsourcing the incentive compensation calculation process, companies shield themselves from the current and future technology costs tied to managing this internally. From the implementation of new incentive compensation plans to the administration of the periodic (quarterly,monthly, weekly) compensation calculations, NetCommissions handles every aspect of "crunching the numbers" in a timely and accurate manner. MODELING SERVICES Critical to the successful use of incentive compensation as a strategic weapon is the ability to model "what-if" scenarios with the plans. This can occur at the plan level (i.e. how much is my new compensation plan going to affect budget?) or at the payee level (which deal should I focus on closing during the final week of the quarter?). NetCommissions recognizes the value of planning in this process and offers both plan and payee modeling services to ensure our customers success. |
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| When I think about this product I love | |
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| Workflow Solutions |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
Workflow Solutions leverage our breakthrough Business Process Management (BPM) technology to fully automate many of the numerous manual incentive compensation activities such as dispute resolution, comp plan approvals, over-ride approvals, etc.
High impact benefits occur when analysts spend more time focused on improving the strategic value of incentive compensation and less time fire-fighting undocumented manual processes. Some brief examples follow: Compensation Plan Approval Compensation plans are routed to all participants via the NetCommissions portal for on-line approval. Dispute Resolution Payees receive reports with dispute settlement functionality built into them. Alerts are circulated with payee comments if they have an issue with commission results (improper split, inaccurate credit assignment, etc). Individual (MBO) Goals The process of setting individual goals, collaborating on the attainment of these goals and automating multi-functional approvals of goals are automated. Rate Change Approvals Approvals of rate changes can be automated to ensure timely response to changing market conditions. Alerts & Notifications Alerts are often desired when certain conditions arise. For instance, a manager may want to be notified when one of their salespeople reaches a particular goal such as making Presidents Club. |
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| Implementation Services |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
Having implemented incentive compensation plans in a multitude of industries, NetCommissions has amassed a wealth of experience to leverage in ensuring your success. We use our quick-start implementation methodology to guide and coordinate activities from process discovery through successful roll-out.
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| Education Services |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
The NetCommissions Educational Services are designed to teach NetCommissions functionality in a manner specifically tailored to your company's processes, configuration, terminology and emphasis. Beyond general system information, common inclusions in customized training are special sales or support processes and terms used by your company; specific data administration procedures and standards you've chosen; and specialized reporting processes and needs.
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| Business Consulting/Compensation Design Services |
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| Product Manager | Gerald Hegarty |
| Product Demo | |
| Product Description |
To maximize the impact of your incentive compensation dollars, we work diligently to understand your company's business architecture and process flows. This requires an audit to ensure that your sales plans are in step with your corporate strategy. If you are one of the many who need to evaluate the status of your sales commissioning process but don't know where to start, we offer a structured Sales Compensation Process Improvement (SCPI) program that leverages our experience with incentive compensation plans, plan design and process optimization to ensure your companies success. This program includes critical elements of process discovery and mapping, strategic alignment analysis, plan re-design and best practices consulting.
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