What is Commissionly?
Commissionly is a cloud based automated sales commission software designed to help businesses manage commissions payment. The solution can be implemented in multiple industries including Medical, Fintech, Insurance services, Recruitment, and Financial services.
The primary features of this tool includes varied commission structures, multi-currency support, sales splits to compute commission at product level, manager overrides, adjustments and clawbacks, commission payout based on payment received from customers and matrix commissions. The dashboard and reporting functionality helps with criteria filtering and lookup tables features alongside a view on metrics like draws, recurring commissions, unpaid commissions and delayed payment.
The platform offers integration with multiple tools like Quickbooks, Hubspot, Xero,Sage and Salesforce. It is a fully customisable platform and helps save time and money, eliminates errors and improve productivity.
Commissionly is fully automated sales commission software that saves you time and money, eliminates errors and improves your productivity. Commissionly gives your salesforce real-time updates on performance, serving to motivate and challenge the whole team to achieve. The software provides insights and intelligence to your financial managers and leadership teams, helping you to forecast and strategically plan for the future.
Commissionly is the first cloud-based sales commission and sales compensation management web app that is 100% focused on small to medium business. Our uncomplicated data import tools, wizard-based target and compensation plan and commission setting tools mean you can get up and running in a matter of minutes. Our feature rich product serves all your commission needs, no matter how complicated. We have the ability for you to create revenue or product based commissions, flat or tiered commissions, recurring commissions, split commissions, step up and step down commissions and even matrix commissions. We also customise to your needs should you have a unique compensation plan. You and your payees can access their information through our web dashboard from anywhere, and you have easy to produce reports to quickly generate commission payout amounts. Sign up today!
Commissionly is an intelligent, fully automated compensation management platform that streamlines sales commission processes for medical sales, insurance sales, IT sales, recruitment, and more. Users can manage sales territory, sales quotas, sales objectives, and compensation with a centralized console. Commissionly supports varied commission structures, sales split, clawbacks, matrix/multistage commissions, multi-currencies, and more. Commissionly seamlessly integrates with CRM, accounting, and other business management software such as Xero, BigCommerce, AgileCRM, and more. …
What do you like best about Commissionly?
The implementation process has been great. We have been dealing with complex spreadsheets and with Commissionly have now reduced our commission admin time by more that half and the process is fully automated.
I really like this software because it allows me to integrate it with the entire sales process of your business, it also allows you to validate all the orders that your clients make, I also like the type of Reports that the system issues, since they are easy to read and understanding, all this in order that you can make your monthly payments efficiently and on time.
Commissionly is undoubtedly the application that gives you the most complete solution you’ve been looking for. I like it a lot because it comes with an affordable price and the possibility to try it for free in order to familiarize yourself with it.
This system also allows each employee to verify their commission earned from their sales in real time, letting them see how close they are to meet their objectives.
This system issues complete reports that show you a historical record of the amount of commissions that have been made in the previous months to keep the accounting department up to date.
Commissionly has been really great to work with so far. Their interface is user friendly and they are very quick to respond to any and all questions. Plus they have great videos to help show you how to do various things which I really like. Honestly, we couldn’t be happier. I’ve been looking for this type of service for a long time and most of them are overkill for what I need and/or way to expensive. Commissionly delivers a great product at a very reasonable price.
What do you dislike about Commissionly?
Be good to see some gamification, but not required.
I consider this system to be one of the most complete I have used, and I have not got problems with Commissionly so far. Of course at the beginning when you start using it, it will be a bit uncomfortable to configure it. But do not be afraid as the support team will help and guide you in everything.
For the time I have been using this, I have not come across any cons so far.
Pros
If you are a small to medium sized company and till date you calculate the comissions for your employees manually just because all the softwares out there are either very complex to use or come with a hefty price, then Commissionly is defintely the solution you have been looking for. With a very small price on a contract free, monthly basis you can get this software to calculate the commissions for your employees. Every employee can check their commision real time and how close they are to meeting their targets. The report also shows how much commission they made in the previous months to keep track of themselves. On top of this, it also shows the employee their average commission compared to other employees for any specific month. You can easily import data from any source which makes it alot easier instead of manually writing entries. It also has a great CRM feature that comes in quite handy. For the employers or a manager, it is just as easy creating a target based on revenue or profit for the employers, a quick step by step wizard has been created that guides on how to create monthly or quaterly targets on a monthly or quaterly basis for your employees. Worst case scenario, if there is something you don’t seem to understand they have great customer support that will definately solve any issues you might have. Highly Recommended!
For our small team we wanted to automate the way we calculate commissions within the business. There is a lot of software for big businesses however this is the only one we found targeted at small business with a cost that was reasonable. Thereafter adding targets and commission percentages was easy. My team can also now login and track their own progress and work towards the goals that have been set.
It’s ideal for small to medium business It’s really cost-effective:after a benchmark of many other commission tools we never found an equivalent You don’t need any contract to use it It’s so user-friendly : you don’t need any training, there are many help boxes in the pages You can import data from many different sources and also export data if you need more advanced Excel-based analysis for instance CRM features are really convenient and can avoid using another software for that need Reports are often based on graphs you can parameterize to have a good overview of your business
Cons
Connecting to our CRM would be great so there is a bit of manual work tracking leads and customers to actual sales, however the reporting and layout of Commissionly is such that tracking these things is easy. They are aware of this and upon speaking to live support on their website have said that this feature is in the pipeline.
Hard to find cons as it fits my needs… Let’s say multilingual and multicurrency if you need those features!
My business has its own CRM but with Commissionly it does not connect to it directly. It does however have its own roadmap and it is also easy to export the data to CSV for now.