Varicent
About Varicent
Varicent is a sales performance management solution that helps businesses in the insurance, media, telecommunications, and other sectors create territory plans, identify missed pipeline opportunities, and pay sellers. Administrators can build sales territories according to hierarchy-based teams such as industries, geographies, products, and customers.
The platform enables managers to visualize and assess the potential of territories across interactive maps and create sales quota planning strategies. Varicent allows teams leaders to forecast sales, automate data entry, and assess employee performances on a unified interface. Supervisors can also integrate the solution with existing customer relationship management (CRM) systems to visualize data across pipeline flow including value, velocity, and volume changes during key stages.
Varicent offers an AI-powered chatbot, which lets stakeholders receive multi-lingual self-service answers to questions in real-time. Operators can also identify discrepancies across pay and revenue performances and excessive discounts to manage compensation on a centralized dashboard.
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Reviews
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- Industry: Information Technology & Services
- Company size: 10,000+ Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Varicent SPM Complete Compensation/Commission package
Reviewed on 2022/10/26
Very good !!
Very good !!
Pros
To put it in simple words:1. Flexible and Customizable.2. Reliable.3. Fast Processing.4. Awesome support for product.
Cons
Nothing as such but the only thing that I would expect at this point is to be able to have concurrent jobs running including the full commission calculations
- Industry: Logistics & Supply Chain
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Excellent tool for managing and optimizing sales performance
Reviewed on 2023/04/28
Pros
its ability to automate and streamline complex sales commission structures is the best part of it. This has saved us significant amount of time in calculating and tracking sales commisions.
Cons
They should more functionalities for the users to be able to run multiple jobs simultaneously, including the complete commission calculations
- Industry: Banking
- Company size: 5,001–10,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Janet's Review
Reviewed on 2022/10/26
The Varicent Team has been a professional and responsive business partner. The Varicent product has...
The Varicent Team has been a professional and responsive business partner. The Varicent product has enabled our company to implement incentive plan tracking for plan acknowledgments, payment calculations, and the approvals of those incentive payments in one central system. This has made meeting audit and compliance requirements possible.
Pros
The flexibility and ability to scale the use of the system. Zions has expanded the number and types of incentive plans processed in the System. We have also expanded the reports we use in the ICM System.
Cons
Workflow management design and document storage have not met our needs. We have implemented work arounds to meet our business needs.
- Industry: Logistics & Supply Chain
- Company size: 10,000+ Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Satisfied Varicent User
Reviewed on 2022/11/08
Varicent has helped us automate our commission calculation process, saving time and providing our...
Varicent has helped us automate our commission calculation process, saving time and providing our sales force with daily performance information. Overall I am very satisfied with our Varicent experience.
Pros
Varicent has excellent customer support. The solutions can be complicated and with any software, sometimes there are issues and their support team is always quick to respond to any issue. Varicent is always coming out with new features.
Cons
The software is highly configurable but it takes a high skill set to manage, build complex calculations etc. It can be difficult to triage issues when numbers don't come out as expected.
- Industry: Wholesale
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
icm compensation management
Reviewed on 2022/11/08
Very good experience from day one.
Very good experience from day one.
Pros
Efficient software to track and calculate a variety of commission structures that are paid out monthly. 500+ monthly calculation and payout.
Cons
Cannot think of anything that I do not like.
Varicent FAQs
Below are some frequently asked questions for Varicent.Q. What type of pricing plans does Varicent offer?
Varicent offers the following pricing plans:
- Starting from: CA$0.10
- Free Trial: Not Available
Please contact Varicent for pricing details.
Q. Who are the typical users of Varicent?
Varicent has the following typical customers:
201–500, 501–1,000, 1,001–5,000
Q. What languages does Varicent support?
Varicent supports the following languages:
Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Spanish, Swedish, Turkish
Q. Does Varicent support mobile devices?
Varicent supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does Varicent integrate with?
We do not have any information about what integrations Varicent has
Q. What level of support does Varicent offer?
Varicent offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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