system includes proprietary software used to design
and analyze sales force compensation plans.
You enter information about your company's revenue,
expenses, and compensation structures into the software.
You can then analyze the profitability of your compensation
plans, compare your plans to those of your competitors,
and perform sophisticated what-if analysis to see
how proposed changes will affect your business.
Create a new compensation plan, then analyze what
the effect will bebefore you introduce it
to your sales force. Experiment to see what will
happen with slightly different percentages or if
the plan is only offered to top producers. Exploring
different scenarios ahead of time allows you to
introduce your new plans with confidence. To view
a six-minute automated demonstration showing how
you can use CompensationMaster's software to perform
what-if analysis, click here.
It takes just a few clicks to define your commission
plan. Enter a competitor's commissions, and you
can easily generate graphs that show exactly how
they compare. You'll be able to show a recruit that
although the other company's plan sounds better,
it really isn't.
You can also analyze the impact of other types of
changes to your business, such as adding a new office
or becoming part of a franchise. CompensationMaster's
software is more accurate than a spreadsheet model
of your business, and takes a fraction of the time
to set up.
Advanced features of the software include the ability
Design sales force compensation so the company
achieves the level of profitability that you want.
Create several different types of plans that all
deliver the same level of operating profit.
Calculate a breakeven point for the company as
a whole, or for individual agents.
Analyze the impact of a proposed merger or acquisition.