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   CompensationMaster Description

 

CompensationMaster's 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.

What-if analysis
Create a new compensation plan, then analyze what the effect will be—before 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.

Recruiting
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.

Business analysis
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
Advanced features of the software include the ability to:

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.


 

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