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Centive Announces the Spring 2008 Release of Compel
The Seventh Release of Centive’s On-Demand Sales Performance Management Solution Adds New Enhancements to Support the Development of Effective, Optimized Sales Compensation Programs.
LOWELL, Mass., April 7, 2008: Centive, the award-winning leader in on-demand solutions for sales compensation and sales performance management, today announced the Spring 2008 release of Centive’s flagship solution, Compel. The Spring 2008 release marks the seventh major release of Compel, the industry’s most complete and mature on-demand solution for automating sales compensation. The Spring 2008 release of Compel adds powerful new enhancements to support the design, modeling, managing, reporting and analysis of effective, optimized sales compensation programs. Key new enhancements include: Originally released in May 2005 as the first on-demand system for managing sales compensation, Compel continues to be the only solution to offer a complete on-demand platform for sales performance management. In addition to calculating commission and bonus earnings, the Compel platform includes native support for modeling, complex crediting, data integration, custom reporting and performance analytics; no third party add-on modules are needed to deliver on these core requirements. Compel offers sales, finance and HR professionals the most mature, affordable, complete and fully integrated solution for managing sales compensation and optimizing compensation programs to drive sales performance. "New features and enhancements in Compel Spring 2008 are a reflection of customer feedback gathered through vehicles like the Centive Advisory Panel and customer surveys, coupled with a long-term product vision that leverages Centive’s eleven years of sales compensation domain experience," said Bob Conlin, Chief Marketing Officer, Centive. "This seventh release of Compel moves Centive a significant step forward on our strategic product roadmap for providing full on-demand automation for the Sales Operations Center." About Centive # # # Centive, Compel, Inspire Performance, From Prospect to Paycheck and the Carrot logo are registered trademarks of Centive, Inc. All other company or product names are or may be trademarks of their respective owners. Media Contact: Bob Conlin
Centive, headquartered in Lowell, MA, is the recognized leader in on-demand sales performance management. Companies use Centive Compel, hailed by CIO Magazine as the "most widely used choice for sales compensation management," to accurately model and forecast commission costs, calculate commission and bonus earnings and gain real-time visibility into sales performance metrics. Compel, a salesforce.com AppExchange certified solution, is a winner of the CODiE award for "Best Financial Software," the CRM Excellence and Product of the Year awards from Customer Inter@ction Solutions, and the CRM WizKids Award from Beagle Research. Centive is the first and only on-demand sales compensation / sales performance management vendor to be recognized as a SAS-70 Type II service provider. To learn more about Centive, please visit http://www.centive.com/ or call 1-877-CENTIVE
Centive
781-852-3500
bconlin@centive.com
