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CallidusCloud Insurance Incentive Compensation Management

Increase revenue and improve sales performance

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CallidusCloud Insurance Incentive Compensation Management software in action

CallidusCloud Insurance Incentive Compensation Management software in action

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CallidusCloud Insurance Incentive Compensation Management

Streamline onboarding, compliance, and incentive compensation management to support the specific needs of your insurance company. You can optimize outcomes and deliver superior performance by increasing seller motivation and promoting healthy sales competition, while gaining clear visibility into planning, performance, and payments.

  • Multitenant cloud deployment
  • Accelerated sales performance and attainment
  • Streamlined dispute resolution
  • Reduced compensation errors and over-payments
Read the solution brief

Key Benefits

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Maximize producer performance

Simplify insurance incentive compensation management and optimize outcomes by enabling users to create, refine, and distribute effective commission plans. 

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Improve onboarding effectiveness

Streamline onboarding processes and introduce producers quickly and effectively by following a step-by-step methodology to get them contributing faster. 

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Refine sales execution

Establish a single source of truth and manage the entire producer lifecycle with full visibility and embedded reporting.

Key Capabilities

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CallidusCloud Insurance Incentive Compensation Management software

CallidusCloud Insurance Incentive Compensation Management software

CallidusCloud Insurance Incentive Compensation Management software

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Comprehensive onboarding functionality

  • Automate credential checking through integration with the National Insurance Producer Registry (NIPR), the Depository Trust and Clearing Corporation (DTCC), and the Financial Industry Regulatory Authority (FINRA)
  • Use electronic contracting to speed up onboarding
  • Track status with built-in checks

End-to-end producer lifecycle management

  • Gain visibility into your entire book of business to manage date-effective relationships
  • Streamline e-mail or letter-based communication with agents
  • Establish a centralized repository for all producer-related information, reporting, and compliance data

Advanced incentive management processes

  • Design, distribute, and model agent compensation plans and programs for an unlimited number of payees
  • Support multiple lines of business, numerous products, and plans for captive and independent agents
  • Promote desirable behaviors with splits, credits, tiered bonuses, accelerators, multidimensional rates, and more

Build a business case

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Enable sales reps to meet high customer expectations

Set sales reps up for success by giving them tools they need to work productively, sell effectively, and provide value to every customer.

Pricing and Packaging

Deployed in the cloud, this product is available as software as a service (SaaS) through a monthly subscription, based on the number of users.

See additional products

Streamline sales processes with comprehensive sales execution and performance management solutions within the SAP Sales Cloud portfolio.
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SAP CPQ

Empower sales representatives to deliver accurate quotes that adhere to company standards and protect company margin without manual oversight. 

Get maximum value from CallidusCloud Insurance ICM

Jump-start your SAP solution implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.
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Services

Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.

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Support

Help keep your SAP solutions running at peak performance with our IT experts and support services, including long-term plans, embedded teams, remote technology support, self-service portal, and innovation strategies.

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Security and Compliance

Focus on your business and customer relationships. SAP maintains data center, privacy, and product security standards.

Connect with us

The CallidusCloud Insurance Incentive Compensation Management solution is currently only available in North America. For other global locations, the SAP Commissions solution provides market-leading sales performance and incentive compensation management functionality.

 

*Gartner, Magic Quadrant for Sales Performance Management, 14 January 2019, Melissa Hilbert | Adnan Zijadic

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from SAP SE.

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