Sales commission reporting plays a crucial role in tracking and analyzing sales performance, as well as ensuring fair compensation for sales teams
Good Sales commission reporting helps ensure accurate and transparent calculations of commissions based on predefined rules and criteria.
Great Sales commission reporting provides a real-time and clear breakdown of commission amounts, including base pay, incentives, bonuses, and any deductions which serves to motivate sales teams, driving better sales outcomes.
Commission reporting helps organizations comply with legal and regulatory requirements related to compensation and commission payouts. It also assists in internal and external audits by providing comprehensive documentation of commission calculations and payments.
MODLR allows organizations to set up and manage complex commission structures. It can accommodate different commission rates, tiers, thresholds, and rules specific to each salesperson, product, or sales team
By offering transparency in commission calculations, MODLR enables salespeople to comprehend the factors determining their commissions. This fosters trust, minimizes conflicts, and enhances accountability.
By seamlessly integrating with Customer Relationship Management (CRM) and sales systems, MODLR has the capability to directly extract data from these sources. This integration streamlines the process of commission reporting, guaranteeing the accuracy and consistency of data.
Connect to your ERP to automatically pull the most recent actuals
Plan and Report on MODLR models from within Excel Workbooks.
View Audit reporting of who changed what, and when
Collect commentary on variances between actuals, budgets and forecasts
Apply business logic across models globally, not in fits and starts across specific cells in certain spreadsheets
Send emails or SMS alerts when submissions are made to the budget
Quantify the financial impact of your changing operational drivers
MODLR can adapt to different types of budgeting styles and methods, such as zero-based budgeting
MODLR can connect to any operational data systems including most Customer Relationship Management platforms. Your sales pipeline can be imported and reported on as well as used to calculate sales commissions for sales personnel.
In Modlr, you define commission plans by configuring the commission rules, rates, and structures. This includes setting up commission formulas, tiers, thresholds, and any specific conditions or exceptions. You can customize the commission plans based on sales territories, product categories, or individual sales roles.
The MODLR real-time sales dashboards provides a window into your sales performance to ensure sales targets and revenue goals are met.
Made for every customer, MODLR can integrate with your favourite systems, boasting a wide range of pre-built integrations including Oracle, SAP, Sage, NetSuite, Microsoft Dynamics and so much more. MODLR’s data source expertise and flexible integration capabilities ensure that our cash flow forecating solution will provide you with an always up-to-date cash flow forecast.
To see the MODLR Cloud in action, schedule a personal demo with one of our modelling experts or watch an overview of the cloud platform.
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