SAN JOSE, Calif., February 6, 2007 -- Callidus Software Inc. (NASDAQ:CALD), the leader in Sales Performance Management (SPM) and Enterprise Incentive Management (EIM), today announced that the Callidus TrueComp software solution is now an SAP-endorsed business solution. SAP-endorsed business solutions are complementary to SAP application offerings, are developed in accordance with SAP development guidelines, and provide additional choices and flexibility for businesses running SAP applications. Callidus TrueComp provides customers of Callidus and SAP with a comprehensive solution to optimize investment on sales performance and incentive compensation.
Additionally, Callidus achieved "Powered by SAP NetWeaver" and "Certified for SAP NetWeaver" status for its TrueComp Manager and TrueInformation software solutions.
"By endorsing solutions such as Callidus TrueComp, SAP is building an ecosystem to drive the adoption of enterprise service-oriented architecture while extending its core offerings," said Rami Branitzky, senior vice president, Platform Ecosystem at SAP. "SAP-endorsed business solutions from our partner ecosystem are driving new dimensions of collaboration, providing additional choices and flexibility to customers running Powered by SAP NetWeaver solutions."
Callidus solutions solve one of the most critical problems sales executives face: aligning corporate objectives with sales strategy. Specific advantages include optimizing territories, fine-tuning incentive programs, adjusting discount strategy, and motivating sales and channel partners. Callidus enables efficient modeling, implementation, and monitoring of incentive compensation programs with easy-to-create business rules. The solutions address the needs of a broad range of industries including financial services, communications and high-technology.
"This endorsement further establishes Callidus as a trusted partner in the SAP ecosystem and follows our 2006 milestone achievements. We are working closely with SAP to help deliver the best incentive compensation solutions to their customers," said Robert Youngjohns, president and CEO at Callidus Software. "Together, Callidus and SAP provide their joint customers with the industry's most comprehensive, integrated collection of sales performance management solutions."
In challenging economic times and faced with unprecedented competition, companies are pursuing new ways to drive revenue and optimize profitability. Incentive compensation is one of the untapped levers to bring these strategies to life. Both, incentive compensation and sales performance management software solutions deliver a high ROI in a very short period of time by allowing sales executives to make better incentive decisions, providing timely visibility into channel operations, and giving them the flexibility to rapidly deploy new sales and distribution strategies and tactics.
About Callidus Software
Founded in 1996, Callidus Software (http://www.callidussoftware.com/) is an industry leading Sales Performance Management (SPM) and Enterprise Incentive Management (EIM) provider to global companies across multiple industries. Callidus' products allow enterprises to develop and manage incentive compensation linked to the achievement of strategic business objectives. Through its TrueComp Grid architecture, Callidus delivers the industry's only EIM solution that combines the power and scalability of grid computing with the flexibility of rules-based interface. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia. Callidus is publicly traded on the NASDAQ under the symbol CALD.
About SAP-Endorsed Business Solutions
SAP-endorsed business solutions are complementary to SAP software offerings, are developed in accordance with SAP development guidelines, and provide additional choices and flexibility for businesses running SAP software. SAP-endorsed business solutions are powered by the SAP NetWeaver platform and are offered by SAP partners.
The HR industry´s premier online community and resource for Human Resource professionals: HR, human resources, HR community, human resources community, HR best practices, best practices in human resources, online communities for HR, HR articles, HR news, human resources articles, human resources news, HR events, leadership, performance management, staffing and recruitment, benefits, compensation, staffing, recruitment, workforce acquisition, human capital management, HR management, human resources management, HR metrics and measurement, organizational development, executive coaching, HR law, employment law, labor relations, hiring employees, HR outsourcing, human resources outsourcing, training and development
hr.com.
human resources management resources for hr professionals. |
HR menus
|
HR events
|
HR Sitemap