One of the Largest North American Health Benefits Companies Selects Callidus Software TrueComp® Solution for Sales Performance Management
SAN JOSE, Calif., May 4, 2007 - Callidus Software Inc. (Nasdaq: CALD - News), the leader in Sales Performance Management (SPM), today announced that one of the nation's largest health benefits company in terms of medical membership has selected the Callidus Software TrueComp software to manage sales performance management and incentive compensation programs. Under the terms of the agreement, they will use Callidus' TrueComp® Manager, Callidus TrueAnalytics™, TrueInformation® and TrueResolution® software modules to manage their channel representatives' sales incentive process and maximize customer satisfaction.
By every meaningful measure - be it number of customers, number of payees, or size of transactions - Callidus Software is the leading provider of Sales Performance Management software and services, allowing the world's largest companies to more strategically and effectively manage sales operations and incentive programs. In the North American insurance and managed care health care industries, four of the six largest insurance companies are customers of Callidus Software . A key issue for health care insurers in North America is the productivity and loyalty of their captive and independent broker channels. SPM solutions by Callidus Software help drive loyalty, trust and performance in the distribution channel and achieve consistent service levels and producer interaction.
"Callidus' best-in-class solutions and domain expertise across a broad range of industries enable enterprises to better align sales and incentive strategies with corporate objectives to improve sales performance, increase profits, and enhance payment processing efficiency," said Robert Youngjohns, president and CEO at Callidus Software. "By providing executives and sales management with a very clear view of critical sales data, and by enabling quick and informed course correction, Callidus Software drives sales strategies toward desired business outcomes. Callidus Software is focused on helping the world's largest companies take action to improve their sales performance strategies - growing revenue and shareholder value. Callidus Software can provide sales executives with timely visibility into business operations, and the flexibility to deploy new sales strategies on demand."
Callidus' SPM 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®
Callidus Software (www.callidussoftware.com, Nasdaq: CALD) is a leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across multiple industries. Callidus' products allow enterprises to strategically manage incentive compensation, establish quota targets, and align territories, resulting in improved sales and distribution performance. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sun Microsystems and Wachovia.
© 2007 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Datamart, TrueComp Grid, TrueComp Manager, TrueInformation, TrueIntegration, TruePerformance, TrueReferral, TrueResolution, TrueFoundation, TrueQuota, TrueService and TrueSupport are trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
Press Contact:
Jock Breitwieser
Callidus Software Inc.
(408) 975-6683
pr[at]callidussoftware.com
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