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Xactly Incent Pricing, Reviews and Features (October 2022) - SaaSworthy.com

What is Xactly Commission Expense Accounting?

Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution with capitalization and amortization capabilities that lets companies monitor performance obligations and ensures compliance with ASC 606 and IFRS 15 standards. Xactly understands the value of bringing together operational and intelligence capabilities to drive revenue operations success. Their Intelligent Revenue Platform enables Xactly to align planning, performance, and prediction functions into one platform. Xactly’s ability to integrate Xactly CEA across the broader revenue engine is how they can offer the solution’s users to make strategic decisions with revenue data at their fingertips.
Xactly Commission Expense Accounting™ (CEA) delivers a comprehensive commission expense management solution—with full capitalization and amortization capabilities—that lets companies easily and securely monitor performance obligations and ensure compliance with ASC 606 and IFRS 15 standards.
Xactly understands the value of bringing together operational and intelligence capabilities to drive revenue operations success. That’s why we built our Intelligent Revenue Platform, enabling us to align planning, performance, and prediction functions into one cohesive platform.
Our ability to integrate Xactly CEA across the broader revenue engine is how we empower you to make efficient, strategic decisions with accurate revenue data at your fingertips.
• Dynamic True-Ups: Automate true-ups changes to any contract event.
• Reporting Library: Get a complete view of the lifecycle of your commission expenses with a library of pre-built and automated reports and dashboards.
• Integrated Workflow and Process Management: Integrate with existing infrastructure, including CRM, HRIS, CLM, and CPQ systems.
• Full and Modified Retrospective Approaches: Automate compliance with ASC 606.
• Full Capitalization and Amortization Support. • Secure and Accurate System of Record.
Xactly Commission Expense Accounting (CEA) is an end-to-end solution for managing commissions, or ‘the costs of obtaining a contract,’ under ASC 606 (IFRS 15). Including full capitalization and amortization, Xactly CEA lets companies easily and securely monitor their performance obligations and ensure full compliance with the new commission accounting requirements.
Xactly helps businesses maintain commission data with insights at the customer, product, or contract level, streamlining audit evaluation. It is available on monthly subscriptions and support is provided via phone and online help desk.
Xactly Commission Expense Accounting Reviews and Pricing 2022
What do you like best about Xactly Commission Expense Accounting?

xactly Commission expense accounting helps organizations with smoothing out their Sales Planning and revenues. Tool is smooth for most of the functionality but lags at times

Availability of dynamic true-ups feature automates true-ups amendments due to any contract changes such as shift in business user statuses.

Ease of use. Very simple. Easy to approve commissions and costs

Xactly Commission expense accounting assists associations with smoothing out their Sales Planning, Execution, and Optimization measures by giving the necessary devices to viably oversee deals execution. There are not so many worth mentioning the pros of this tool. It offers a demo to test the things, which is quite a good offer, and it helps you with some business processes within the limit of the demo.

What do you dislike about Xactly Commission Expense Accounting?

GUI is old and outdated which makes it look like ugly. Customer care is not that great

We are fully satisfied with it being cloud based, but they should incorporate on-premises to allow users get instant notifications.

Also a negative is how basic this product is. It looks outdated

Unfortunately, the cons of Xactly Commission expense accounting outshines the pros. In fact, there are not many pros to this tool that can help it in fighting the negative aspects of it. The first thing to hate about it is its user interface. The user interface feels like an old outdated tool, which is not updated in centuries and is now left out in open to rot in the sun. That is the intensity of the badness in its interface. Let us talk about the Customer care of this tool. Customer care? What is that?. They never reply to the tickets generated by thousands of users to solve their issues but they have just made software and left it out in the market to rot. They are not taking the tool seriously due to which it has cost so much money to many of the buyers of the tool and now they regret buying it.

Pros

I am working on Incent for almost six years now. Incent is the best tool for commission calculation. The system provides complete functionality – from credits to commissions to draws, and then running reports/analytics. It offers a lot of functions and customizations required to design complicated commission plans and calculate commissions. I like the new UI for Incent that the team rolled out a couple of months ago. Plus the new changes that the team brings are really good and make the product more usable & friendly.

Starting from User till Quota management it is too good, and does awesome job. 2)Calculation process in dependent on many factors and Xactlty supports most of them today. 3)Analytics is very good which gives clear picture of overall performance. 4)This nov-19 xactly provided free certification which I really appretiate

It is super user friendly. It is easy to teach people to use.

Cons

At the start of the year, the system requires a kind of fresh set up, which takes quite a amount of time. While I am writing Rules, I need to create a new Order Type or Credit Type, I cannot create it from the Rules page. Instead, I have to go to the specific page to create these Order or Credit Type and then return to the Rules page to write the Rule.

 I can not do some repetitive task in bulk, which I really do not like about this software, for e.g. i. Initial Quota creation ii.Record deletion (Quota of User, Formulas, Credit and Commission rule) 2) Incentive statements are configuration is allowed up to the extent only, but for specific needs, I cannot do that in Default statement. For e.g. If I want to change the Credit type Lable name in one of the incentive statement it does not allow and it updated all the incentive statements where the same Credit Type is used. 3)Deal by Deal commission setup is hard if we try to do it on own, always need PS team help in that. 4)Also some uploads required .CSV and some .xls file format which is really not good, always need to change the format once the files are prepared.

Not able to copy/paste tiers. Have to do them one by one.

Features

General Ledger and Configurable Accounting Features
  • Expense management
  • Regulations compliance
  • Self-service portal
  • Standardized Processes
Customization Features
  • API for custom integration
Additional Features
  • Dynamic True-Ups
  • Reporting Library
  • Integrated Workflow and Process Management
  • Full and Modified Retrospective Approaches
  • Full Capitalization and Amortization Support
  • Secure and Accurate System of Record
Xactly Commission Expense Accounting has not provided pricing information for this product or service. This is common practice for software sellers and service providers. Contact Xactly Commission Expense Accounting to obtain current pricing.

By andrew

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