It’s early in the year, and all businesses, big and small, want to start off on the right foot when it comes to financial reporting and maintaining accurate corporate information. That’s why we want to tell you about this great sales commission calculation software we are using at JPC Inc. available from CellarStone.com called QCommission.
QCommission is both powerful and flexible as sales commission software because it’s easy to use and cost effective to put into practice The software offers all the features, benefits and functionality that every business is looking for. It’s actually a standalone product that will set up a commission plan for you, then track and calculate commissions or bonuses for all your sales people independently.
The beauty of QCommission is that it can also be integrated into your accounting system. For instance, if you use QuickBooks™, it can get accounting data for commission calculations from that software. The calculated commissions can be updated to CRM systems such as SalesForce, as well. It’s really a very powerful and versatile system.
When I asked our Office Manager, Kristin Stenerodden, what she liked about it, she said, “Before QCommission, I was going nuts with spreadsheets and the multiple email reports from our sales people. We were always making revisions, and never knew for sure if our figures were right. Ever since getting QCommission, I can be at ease, knowing all calculations are correct. The commissions are also calculated quickly and the application is user friendly.”
Actually, sales commissions are a major factor that drives sales people to perform. They may see commissions going up and they’re motivated. If they see them inching down, they know they have to work harder. This software gives everyone a clear picture about how sales are going, and it lessens the workload for both the sales force and accounting.
Below are some of the tasks you can accomplish with QCommission:
• Import data from source systems including invoice transactions, payees, customers and products.
• Import from US Editions of QuickBooks Pro, Premier and Enterprise Editions (QB 2002 onwards), Accountant Editions, Canadian Editions and UK Editions.
• Import from Excel, and fixed or text-delimited files.
• Export commission data to SalesForce.com and view commission statements and other related data within SalesForce.com.
• Export data to Excel, and fixed or text-delimited file formats.
The QCommission plan describes your sales commission plan and provides setup plans to calculate payouts on a weekly, monthly, quarterly or any other frequency.
You can configure it to pay commission by product, customer or type of sales. It can calculate commissions based on sales, profit or quantity. And it can calculate multiple incentives and bonuses for a payee per period. You’ll love the flexibility. It can pay for standard transactions, cancellations and adjustments, and you can use it to pay your sales people as well as your managers.
You get a standard set of reports with QCommission, such as detailed commission statements and other reports, or you can create your own commission statements. The application is accessible through email or web. You can even use its Analytics to get a multi dimensional view of your data by slicing and dicing the data. View performance by payee, product, incentive, time period and other criteria.
Here’s a list of benefits you can achieve with this software:
• Reduce errors in commissions calculations
• Pay commissions on time
• Use commissions plans that fit your business
• Communicate compensation clearly
• Complete reporting
• Avoid double data entry
• Track sales, commissions and bonuses
• Reduce administrative time and effort
• Reduce administrative and overpayment costs
• Increase your employees’ trust and morale
JPC Inc. CEO Jason Prescott asked me to write this review because he endorses this product enthusiastically. “They are a great resource for SMB’s and really help to manage the business form a nice financial perspective,” said Prescott.
The company is based in California and has been in business since 2000. CellarStone is focused on developing user-friendly, sales commission calculation software for small and mid-market businesses. QCommission’s customers are from just about every industry, from healthcare to insurance to manufacturing to pharma and mortgage industries, just too many to list them all.
So if you want to be in compliance with Sarbanes-Oxley and ensure your company maintains accurate corporate information, you might consider checking out QCommission sales commission calculation software at http://www.qcommission.com/.