Varicent Incentive Compensation Management (ICM) Logo
Varicent Incentive Compensation Management (ICM) Logo
Varicent Software

Varicent Incentive Compensation Management (ICM)

7.8 / 10
Category
Varicent Incentive Compensation Management (ICM)
7.8 / 10

What is Varicent Incentive Compensation Management (ICM)?

Varicent Incentive Compensation Management (ICM) removes friction from the compensation process, accelerates the ability to make plan changes and adopt new strategies, and enables new insights to outdo previous performance. Varicent enables businesses to continually refine and improve their sales strategies - from plan, operate, pay, and insights - to maximize revenues. Varicent ICM can help you remove friction from the sales compensation process, improve incentive calculation, adapt your sales strategy to shifting business priorities, and enable your compensation admins.

Company Details


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Awards & Recognition

Varicent Incentive Compensation Management (ICM) won the following awards in the Sales Compensation category

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Varicent Incentive Compensation Management (ICM) Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Varicent Incentive Compensation Management (ICM).

85 Likeliness to Recommend

100 Plan to Renew

79 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+93 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 Varicent Incentive Compensation Management (ICM)?

0% Negative
8% Neutral
92% Positive

Pros

  • Helps Innovate
  • Reliable
  • Enables Productivity
  • Trustworthy

Feature Ratings

Average 79

Commissions Management

84

Multi Currency

83

Incentive Dashboards

82

Adjustments & Clawbacks

82

Collaboration

80

Reporting and Analytics

79

Regulatory Compliance and Audit

79

Data Integration

78

Pre-Built Incentive Plans

75

Incentive Plan Designer

75

Vendor Capability Ratings

Average 80

Ease of Customization

100

Ease of Data Integration

100

Quality of Features

100

Availability and Quality of Training

94

Ease of IT Administration

94

Vendor Support

94

Breadth of Features

92

Usability and Intuitiveness

92

Ease of Implementation

87

Business Value Created

84

Product Strategy and Rate of Improvement

84

Varicent Incentive Compensation Management (ICM) Reviews

Hemant J.

  • Role: Information Technology
  • Industry: Finance
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Jun 2023

Fantastic product!

Likeliness to Recommend

10 / 10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

The Product and the support team

What is your favorite aspect of this product?

Its easy to use

What do you dislike most about this product?

Nothing as of now

What recommendations would you give to someone considering this product?

Great product for incentive calculation and automation.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Sagar K.

  • Role: Information Technology
  • Industry: Manufacturing
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2023

Nice product but not unique

Likeliness to Recommend

8 / 10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

It doesnt require you to code a lot to get a working compensation model going, but its not unique. There are number of other tools in the market that does the same thing. You just have to figure out, what works best for you.

What is your favorite aspect of this product?

Ease of build

What do you dislike most about this product?

It has limitation on things you can do.

What recommendations would you give to someone considering this product?

Define your end to end use case, this will help you evaluate if this is the right product for you or not.

Pros

  • Trustworthy
  • Efficient Service
  • Caring
  • Respectful

Cons

  • Slower Product Innovation

Kanika S.

  • Role: Sales Marketing
  • Industry: Telecommunications
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2023

Good features and user friendly interface

Likeliness to Recommend

9 / 10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

It's features and pricing

What is your favorite aspect of this product?

User friendly interface

What do you dislike most about this product?

Nothing as of now

What recommendations would you give to someone considering this product?

Easy to use and best features

Pros

  • Helps Innovate
  • Continually Improving Product
  • Efficient Service
  • Appreciates Incumbent Status

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