Solutions for High-tech Industry
With Sales Performance Management Solutions for High-Tech, you can stay at the forefront of cutting-edge innovation by gaining a clear picture of business and employee performance and making accurate data-driven strategic decisions with confidence.
Managing Plan Complexity
High-tech companies struggle to manage a proliferation of rewards plans with a large number of variables. New product launches, tiered commissions and complex crediting structures add multiple layers of complexity in incentive compensation management.
Managing Territories & Quota
Optimizing territories and setting the right quotas are essential in ensuring employee objective achievements. Companies without effective territory design show a 15% lower sales objective achievement than their counterparts.
Managing Sales Rep Data Concerns
Aligning Rep Behavior to Strategic Objectives
Given the rapid pace of change & a competitive market, designing & effectively communicating rewards programs that align to strategic goals are core to business growth & employee retention in the high-tech industry.
InnoVyne can help your business to optimize complex processes and improve transparency into sales performance
Our SPM Solutions
Incentive Compensation Management
Align your sales teams and strategic objectives to achieve desired revenue targets, comply with regulatory standards, and adapt to market changes quickly and efficiently.
Territory & Quota Management
Efficiently create, monitor, and align quota and territory assignments with your business strategy. Simplify and automate your complex tasks with powerful workflow solutions.
Data Analytics & Visualization
Gain insight & visibility into mission critical metrics such as performance trends, compensation drivers and revenue flow with advanced reporting and ad-hoc analysis.
InnoVyne Insights
Scenario Modeling & Forecasting in Sales Performance Management
In the world of Sales Performance Management (SPM), maximizing returns on sales investment in the form of optimal business performance is the primary success criteria.
How to Utilize Analytics Effectively to Improve Sales Performance
“Over 2.5 quintillion bytes of data are created every single day, and it’s only going to grow from there. By 2020, it’s estimated that 1.7MB
How AI can help Compensation Managers and Business Leaders
Artificial intelligence based on machine learning can help compensation managers in many ways – to provide support for decision making grounded in analytics, to allocate
3 Critical Sales Compensation Metrics for a Balanced Scorecard
Data, data everywhere. For many companies, one of the greatest challenges in recent times has been deriving accurate, actionable insights from data. Most businesses gather
Data in Context: Understanding the WHY in your data
Remove Bias In Data Analysis In this age of augmented intelligence, human reasoning remains the critical element in painting a coherent picture through available data.
The Age of Artificial Intelligence: The impacts of AI on Sales
“Forrester made waves with a report that said that 20% of B2B sales jobs – 1 million in total – would disappear by 2020,” says