The pricing of QCommission is based on the number of payees/users setup in the system. The recurring license pricing starts at USD $10 per payee per month, one of the most affordable in the market.
Accurately calculating sales commission has traditionally been a difficult process, with errors and delays frequently occurring at the interchange between existing accounting and commissions systems. QCommission has found a way to decrease the challenges associated with this using the latest cloud-based technology.
Although QCommission integrates with popular business platforms such as Salesforce and Quickbooks, it can also be used as a standalone app. Using a streamlined process for calculating sales commissions, it enables compensation administrators to manage payments and payee transactions accurately and efficiently.
A few of QCommission’s most noteworthy features include the ability for users to split commissions for multiple reps, as well as vary commission rates by product or customer, and handle commissions based on gross profits. Businesses can also run commissions based on paid invoices vs. regular invoices, and they can deduct expenses from commissions based on customized standards set by internal regulations.
QCommission provides flexible sales commission software that calculates compensation using real-time data. Rather than relying on the manual entry of sales figures into spreadsheets, it calculates commissions automatically for any given period of time. Performance transactions can be imported or entered into the system as often as necessary. When this occurs, those transactions are immediately processed, calculated, and credited.
Businesses that use QCommission can expect to see a reduction in errors related to miscalculations. Compensation administrators also benefit from additional reporting, which ensures accuracy and helps users review calculations in detail. For organizations that adopt QCommission’s technology, the platform can become a critical component to the sales commission program. It allows for unlimited rules and customizations to meet the needs of businesses in a wide array of industries.
What happens when multiple sales reps work together on a deal? The complex calculations required with manual entry systems can slow down the workflow and delay payouts to reps. With QCommission, however, organizations are able to quickly and efficiently split commission payouts to two or more reps, even when distributions are not allocated equally.
Using QCommission’s tools, you can also override standard splits when the need arises. Rather than retroactively splitting income and expenses, QCommission runs its operations in real-time to decrease payout delays.
Consultants will often receive paid incentives for their participation in projects. With QCommission, organizations can offer financial incentives for nearly any action. Incentives can be paid out on a monthly, quarterly, or annual basis.
Select the incentives you plan to offer employees and then choose the frequency of payment that makes sense for your organization. You can choose to provide flat payments or rates that reflect the volume of sales or referrals brought in by the employee. Whatever plan your company designs, QCommission can handle the administration, including calculations and communications.
With QCommission, organizations are able to vary the commission rates they offer based on product or customer. For example, salespeople may be encouraged to sell Product A by offering a higher commission rate, or to attract new customers by offering higher commissions on sales made to first-time buyers.
Customer-based crediting refers to instances in which customer information is used in credit rules. That way, sales to particular customers (or groups of customers) can be automatically credited to the correct payee with as little manual entry from the organization’s standpoint as possible.
Using QCommission’s technology, organizations are able to generate standard reports with the data available. The system provides a vast number of standard report options.
Some of the most popular reports include payout, financial, and transactions. Payout reports are based on the results generated from commission plan execution, while transaction reports are based on the source transactions a user has imported into the system.
QCommission integrates with Salesforce and Quickbooks, along with many other popular business applications. The system also integrates with Excel and XML files. An API is available for use, as well.
QCommission operates on a subscription pricing model, starting at $10 per month.