SAN JOSE, Calif., January 17, 2006 - Callidus Software Inc. (NASDAQ: CALD), the leader in Enterprise Incentive Management (EIM), today announced that Bell Canada has selected Callidus' TrueComp ®, TrueResolution ® and TrueInformation ® solutions to automate the design, administration, reporting and analysis of incentive compensation. Implementation begins in March of 2006 and the software is being deployed in three phases.
With the implementation of the software suite, Callidus customers can replace previously separate commissioning systems and manual processes to ensure accurate and timely payments. The new, unified system then handles all transactions for a large number of payees. Using the solution from Callidus enables its clients to create new efficiencies and functionality in its sales, commission, and dealer payment processes.
Callidus enables enterprises to maximize profits through effective incentive management for salespeople, distributors and retailers. With its market-proven suite of products, Callidus extends the benefits of EIM from sales and channels to all employees, resulting in an increased return on investment. Callidus' EIM suite is easy to access, use and manage, allowing dealers and employees to be compensated accurately and on time.
"For companies with several thousand independent dealers and internal sales representatives, it is crucial to accurately track and pay compensation," said Robert Youngjohns, president and CEO of Callidus Software. "Our solutions, TrueComp, TrueResolution and TrueInformation, leverage the advantages of EIM and will help enterprises drive revenue and profitability while elevating mindshare by making it more attractive for dealers to sell their products over the competition's."
About Callidus Software
Founded in 1996, Callidus Software (www.callidussoftware.com) is an industry leading Enterprise Incentive Management (EIM) provider to global companies across multiple industries. Callidus' EIM systems 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 Time Warner Corporation, AT&T Wireless, CUNA Mutual, Dun & Bradstreet, IBM, SBC Communications and Sun Microsystems. Callidus is publicly traded on the NASDAQ under the symbol CALD.
(C) 2006 by Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, TrueComp, TrueComp Grid, TrueInformation, and TrueResolution are trademarks of Callidus Software Inc. All other trademarks are the property of their respective owners.
Press Contact:
Jock Breitwieser
Callidus Software Inc.
(408) 975-6683
pr[at]callidussoftware.com