About Performio
Since 2006, Performio has been offering incentive compensation management software for businesses looking to automate their sales compensation calculations and provide increased transparency to their sales reps. Used by companies such as Johnson & Johnson and Vodafone, Performio is a new breed of sales compensation software that combines the enterprise-grade functionality you need with the ease of use you’ve come to expect from modern software applications. Since its inception, we’ve saved more than 1,000,000 administrative hours saved and more than $2 billion in commissions calculated.
Performio removes the pain and hassle of automating the commission calculation process, provides increased transparency to your sales team, and turns data into actionable insights. Performio incorporates data in whatever form you have it; there’s no need to tailor your data to our solution. Plus, you can include new plans and rule sets—as well as build and configure reports on the fly—without having to pay professional services to do so. Easy-to-read dashboards graphically show each salesperson their completed sales, commissions earned, and even ranking within the salesforce. Errors are minimized. Salespeople are motivated. HR staff is not burdened with corrections. Performio lets you stay with the same product as you grow from 50 to 500 to 5,000 sales reps.
Performio offers sales commission and incentive compensation software for businesses. Used by companies such as Johnson & Johnson and Vodafone, Performio is a SAAS-based system used in sales-oriented industries, from advertising to automotive, financial services to life sciences, business services to SaaS.
The software is designed to allow sales personnel to better understand and track their sales, making goals and incentives easier to understand. While clearer goal setting and reporting are designed to increase efficiency, the system is also designed to cut back on manual administrative work, boosting efficiency there as well.
Pros of Performio
The system is easy to implement and use, and integrates with existing sales software. Employees can access it from any device, tracking their performance from anywhere.
Cons of Performio
Some users find new data can take time to sync with the system.
Breakdown of core features
Sales Performance Management
Performio brings a scoreboard to sales teams with real-time, pay-for-performance reports. Salespeople also gain access to easy-to-read dashboards from any mobile device to see how they’re performing against quota and each other.
Sales Commission Analytics
Performio’s analytics provide data to support evidence-based decision making throughout the year. Customers can learn how sales incentive plans are performing and who has achieved quota. Performio can also alert executives when sales and commissions are trending up or down against budget.
Features
- Assessment Management
- Performance Tracking
- CRM Integration
- Commission Management
- Forecasting
- Smart Phone Accessibility
- Audit Trail
- Commission Calculations
- Compliance Management
- Reporting
- Alerts & Reminders
- Commission Splits & Overrides
- Approvals
- Rules & Conditions
- Salesforce Multi-Object Sync
Performio Features
- Affiliate Management
- Compliance management
- Agency Commission
- Commission Calculations
- Commission Scheduling
- Commission Tracking
- Flat Commissions
- Incentive Programs
- Multi-Tiered Commissions
- Percentage Commissions
- Sliding Scale Commissions
- Split Commissions
- Bonus Management
- Compensation Calculation
- Compensation Plan Modelin
Benefits and Insights
Key differentiators & advantages of Performio
- Automate Sales Compensation Processes: Automate sales commission calculations, prevent overpayments and eliminate errors resulting from manual calculations.
- Improve Team Performance: Optimize plans according to unique business needs and calculate sales commissions. Inspire teamwork and foster a high-performance culture with accurate and transparent commission calculations, fewer errors and insightful analytics.
- Keep Data Secure: Protect source and commission data using role-based visibility and comprehensive audit logs.
- Enjoy Fast Implementations: Get expert help to configure the solution as per business requirements for efficient and painless implementation. Access a dedicated customer success manager and free support.
- Integrate With Other Systems: Connect to the sales data system to extract needed data and push data back to Salesforce and payroll.
Industry Expertise
Performio
- Pre-Built Data Transforms: Eliminate the need to write and manage complex crediting rules or commission formulas using pre-built data transformations and incentive plan components. View all plan components on one screen to quickly check different payments to reps. Modify plans as needed and update changes.
- Enterprise-Grade Features: Scale with business needs and leverage enterprise-grade features, including complex compensation capabilities, workflows, advanced reporting features, auto-schedulers, highly configurable dashboards, world-class security and robust audit logs.
- Intuitive UX: Encourage rapid user adoption at the office or on mobile devices through an intuitive user interface. Leverage easy-to-read and highly configurable dashboards to graphically show each salesperson their commissions, quota attainment, leaderboard status and anything relevant to their roles.
- Native Report Builder: Get data and insights from the sales comp and take advantage of the powerful native report builder to build reports around any aspect of sales comp data. Configure reports on the fly and view them from the mobile app, irrespective of the complexity of the plan.
- Unlimited Optimization: Get access to sales comp data, including sales, transaction, plan and people data. Eliminate manual processes and avoid errors to gain smooth comp calculations.
Pros
The system is flexible, efficient and configurable which is great as it allows us (admin users) to self-tweak as much as practical which in turn means that small change requests to business rules can often be executed very quickly and with minimal fuss. On the occasions where development work or troubleshooting assistance was required, a representative was always easily reachable and turnaround times were always reasonable. The frontend Dashboard capabilities allows for the data to be presented in way that is both engaging and easy to understand. It is also accessible on any device which is very handy.
Running reports is easy and makes it simple for me to reconcile our data each month. The Performio support is great and responds promptly with answers when we run into any issues.
Dashboard is 80% of what I need and easy to digest in a single screen
Cons
There is none that I can think of at the moment
Since Performio is SQL based, we are reliant on the implementation team at Performio to any changes to our plans. There are other products out there that are excel based and are easier to manage from an Admin standpoint.
It’s not updated in real-time. This is not an issue with the software, it’s an internal administrative issue. We are mid-February and I haven’t seen commission numbers for January yet.
Pricing
Fill out the contact form on the Performio website to obtain a customized pricing quote for your business.