CaptivateIQ’s latest update solves end-of-quarter payroll questions for commissionable teams

CaptivateIQ, a commission software provider that keeps sales teams motivated and focused on driving revenue, is introducing the latest updates to its sales commission management platform, enabling companies to customize statements across reps on the same team and allow revenue teams to view and submit inquiries on their compensation based on real-time deal data.

These enhancements make it easier for revenue teams to get paid accurately and on time, freeing them up to focus on selling, according to the vendor.

Sales representatives can view statements and make inquiries at any point throughout the quarter. This capability gives finance teams the ability to resolve issues prior to payroll and address inaccuracies before the short timeframe typically allotted to the payroll process.

Companies using CaptivateIQ’s commission platform are able to reward sales teams for driving business growth. Unlike spreadsheets or legacy commission software, the CaptivateIQ platform allows finance and sales teams to automate the management of any commission plan, according to the company.

“Taking a modern approach to sales incentives provides a way for companies to align business goals with revenue-driving practices,” said Naveed Makhani, vice president of product for CaptivateIQ. “The drivers that motivate sales teams can be integrated and customized for each unique plan. Our new features give reps the visibility and motivation to exceed their targets, which is especially important now as enterprises navigate changes to the economy and workplace culture.”

CaptivateIQ helps customers move faster while they make informed business decisions, saving time and reducing frustration, according to the vendor.

Additional product enhancements announced include:

• Customized statement design for each sales rep
• Advanced permissions for enterprise controls
• Snowflake and SQL integrations for improved efficiency

CaptivateIQ provides a powerful calculation engine, easy-to-use interface, and pre-built workflows for functions including approvals and inquiries, among others.

Sales and finance administrators tasked with modernizing revenue operations can now design, deploy, and roll out clear and motivating incentive plans while eliminating the errors often made in repeat manual entry systems.

For more information about this news, visit www.captivateiq.com.