From the Wires
Western & Southern Financial Group Selects CallidusCloud's Commissions to Automate Wholesaler Compensation
By: Marketwired .
Feb. 13, 2013 07:00 AM
PLEASANTON, CA -- (Marketwire) -- 02/13/13 -- Callidus Software Inc. (NASDAQ: CALD), a leading provider of hiring, learning, marketing and selling cloud software, announced today that Western & Southern Financial Group (Western & Southern), a leading financial services organization, has selected CallidusCloud's Commissions to manage the incentive compensation process for its wholesalers. The agreement was signed in the fourth quarter of 2012.
"The CallidusCloud® solution will make it easier to manage plan changes and updates while ensuring compliance throughout the entire compensation process," said Jill T. McGruder, CEO of Touchstone Investments and W&S Financial Group Distributors, member companies of Western & Southern. "Throughout the evaluation process, CallidusCloud demonstrated a solution that was both powerful and easy to use. The breadth of its product portfolio provides us with an opportunity to enhance the performance of our sales channels."
"Western & Southern Financial Group is in great company with many leading financial services companies realizing significant savings by using CallidusCloud," said Eric Brown, Senior Vice President, North America Sales, CallidusCloud. "Western & Southern will be using CallidusCloud's Commissions to manage compensation and bonus plans across its extensive wholesaler network."
CallidusCloud's Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings while sales teams enjoy faster, more accurate and more transparent commission payments.
About Western & Southern Financial Group
(1) Lafayette Life is not rated by Moody's.
For more information, please visit www.calliduscloud.com.
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