What is Oracle Incentive Compensation (OIC)?
Oracle Incentive Compensation (OIC) is a global variable compensation application that automates the design, administration, and analysis of transactional pay-for-performance incentive programs to align sales behavior to corporate goals. OIC allows organizations to connect sales incentives to business objectives to motivate workers (sales reps), 3rd party representatives, customers / suppliers, resellers and partners through incentive insight. With OIC, what-if incentive programs can easily be modeled and optimized to drive stronger sales/channel performance while reducing compensation expenditures.
Company Details
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Get AssistanceOracle Incentive Compensation (OIC) Ratings
Real user data aggregated to summarize the product performance and customer experience.
86 Likeliness to Recommend
100 Plan to Renew
94 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
+96 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Oracle Incentive Compensation (OIC)?
Pros
- Helps Innovate
- Reliable
- Performance Enhancing
- Enables Productivity
Emotional Footprint
How to Read
Positive
Neutral
Negative
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Feature Ratings
Multi Currency
Regulatory Compliance and Audit
Pre-Built Incentive Plans
Reporting and Analytics
Data Integration
Adjustments & Clawbacks
Incentive Plan Designer
Commissions Management
Collaboration
Incentive Dashboards
Vendor Capability Ratings
Breadth of Features
Business Value Created
Ease of Customization
Ease of Data Integration
Ease of Implementation
Ease of IT Administration
Quality of Features
Usability and Intuitiveness
Vendor Support
Product Strategy and Rate of Improvement
Availability and Quality of Training
Oracle Incentive Compensation (OIC) Reviews
Sagar J.
- Role: Sales Marketing
- Industry: Finance
- Involvement: End User of Application
Submitted Apr 2024
A sales rep's fav application!!
Likeliness to Recommend
What differentiates Oracle Incentive Compensation (OIC) from other similar products?
I think its sheer ability to house all the incentive programs like spiffs, comp plans under one dashboard with great accuracy makes it a winner in the market!
What is your favorite aspect of this product?
I love how it is able to give key insights that helps me plan my pipeline and finances better.
What do you dislike most about this product?
Not a fan of the dashboard, it can be sometimes boring to look at
What recommendations would you give to someone considering this product?
Sales leaders need to consider implementing oracle for their sales teams as this drives transparency and saves time both for the managers and the employees. Oracle can be a super useful tool for growth stage companies too
Pros
- Helps Innovate
- Performance Enhancing
- Enables Productivity
- Trustworthy
Aly B.
- Role: Finance
- Industry: Transportation
- Involvement: IT Leader or Manager
Submitted Aug 2023
easy but customer service was difficult
Likeliness to Recommend
What is your favorite aspect of this product?
ease of use
What do you dislike most about this product?
customer service
What recommendations would you give to someone considering this product?
use it at your own will
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
sashi k.
- Role: Operations
- Industry: Technology
- Involvement: Business Leader or Manager
Submitted Mar 2023
Excited and really reliance features for a smooth
Likeliness to Recommend
What differentiates Oracle Incentive Compensation (OIC) from other similar products?
Features and the security as it's more trustworthy by all means
What is your favorite aspect of this product?
Secured features and functionality that is understandable
What do you dislike most about this product?
None as the product is appropriate for our business
What recommendations would you give to someone considering this product?
Only with usage you will see the difference so try it before making any decision
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Enables Productivity