Centive Named by eWeek as a Finalist in The 6th Annual Excellence Awards Program
BURLINGTON, Mass, April 12, 2006 - Centive, the leader in on-demand sales compensation management, announced today that eWEEK, a Ziff Davis Media publication and one of the IT industry's leading enterprise magazines, has named Centive CompelTM a finalist in eWEEK's Sixth Annual Excellence Awards program, in the Business Relationship Management category. Winners will be announced in May and honored at a special ceremony on May 23 in Boston, Mass. Analysis of the winning products and services will also be published in a special report in the June 19th edition of eWEEK and at www.eweek.com.
"We are thrilled that Centive Compel has been named a finalist in eWeek's Sixth Annual Excellence Awards," stated Mike Torto, CEO of Centive. "This nomination is recognition of Centive's vision to develop and deliver the industry's first on-demand, multi-tenant Sales Compensation Management solution. In less than a year, Compel has become the dominant solution for companies seeking to leverage sales compensation as a strategic tool to maximize sales performance."
Centive Compel is a fully-automated sales compensation management system delivered through an affordable, subscription-based service. Compel is easy to deploy, learn and use - there is no software to purchase or install. Compel goes beyond simply calculating accurate commissions and bonuses; it offers strategic value by providing sales representatives and managers with real-time visibility into attainment and performance data. Compel offers finance executives a flexible system for modeling various compensation scenarios, and it provides a complete audit trail of all changes made to plans and data as well as the security and process controls needed to support Sarbanes-Oxley compliance initiatives.
Compel features integration with salesforce.com and other CRM systems to enable sales representatives and executives to see beyond current attainment and actually forecast compensation based on opportunities in their pipeline. This integration provides Centive's customers with full automation of the sales lifecycle - From Prospect to PaycheckTM - to ensure that sales reps stay focused, aligned and motivated to close the right business.
The eWEEK Excellence Awards program provides enterprise professionals with a comprehensive benchmark for assessing a wide range of technology products and services. Evaluating the entries is a panel of experts including eWEEK Labs analysts and eWEEK Corporate Partners - senior enterprise IT professionals who act as reader representatives.
"A high level of innovation - both from start-ups and industry stalwarts--was what impressed us most about this year's field of entries," said Eric Lundquist, eWEEK Editorial Director. "It's clear from the hundreds of entries evaluated by the Excellence Awards judges that vendors are responding quickly and effectively to the increasingly complex - and constantly changing - demands put on enterprise IT managers."
eWEEK is the essential technology information source for builders of enterprise infrastructure. eWEEK helps its readers successfully evaluate, deploy and leverage new technology solutions for competitive advantage. The publication and the eWEEK.com web site deliver breaking news, technology evaluations, and strategic analysis on the technologies, platforms and trends that affect enterprise-wide computing.
About Centive
Centive, a privately held company headquartered in Burlington, MA, is the leader in on-demand sales compensation management. Companies use Centive Compel to accurately calculate commissions and bonuses and gain real-time visibility into sales performance metrics. As an on-demand subscription service, Compel is a cost-effective solution that allows executives to be strategic and sales reps to stay motivated and focused on selling.
To learn more about Centive, please visit www.centive.com or call 1-877-CENTIVE.
About Ziff Davis Media Inc.
Ziff Davis Media is a leading integrated media company serving the technology and videogame markets. The Company is an information services provider of technology media including publications, websites, conferences, events, eSeminars, eNewsletters, custom publishing, list rentals, research and market intelligence. In the United States, the Company publishes 7 magazines including PC Magazine, eWEEK, CIO Insight, Baseline, Electronic Gaming Monthly, Computer Gaming World and Official U.S. PlayStation Magazine. The Company exports the power of its brands internationally, with publications in 40 countries and 20 languages. Ziff Davis leverages its content on the Internet with a network of highly-targeted technology and gaming sites including PCMag.com, eWEEK.com, ExtremeTech.com and 1UP.com. The Company also produces highly-targeted b-to-b and consumer technology events including DigitalLife. With its main headquarters and PC Magazine Labs based in New York, Ziff Davis Media also has offices and lab facilities in the San Francisco and Boston markets. Additional information is available at www.ziffdavis.com.
Link to eWeek announcement: www.eweek.com/article2/0,1895,1944932,00.asp
