CaptivateIQ

CaptivateIQ is a leading sales commission management software that automates and simplifies commission tracking and payouts.

About:

CaptivateIQ is a comprehensive sales commission management platform designed to automate and streamline the administration, calculation, reporting, and analysis of complex commission plans. It offers a no-code interface that allows users to design and manage commission plans without technical expertise. The platform integrates seamlessly with various data sources, providing real-time insights and transparency to both administrators and sales reps. By leveraging advanced technologies like the SmartGrid™ calculation engine, CaptivateIQ helps organizations reduce errors, save time, and motivate their sales teams with accurate and timely commission data.

Best fit for:

Employee Count: 250-10,000+

Location: North America

Industries: Software, Technology, Financial Services, Healthcare, Retail

Job Titles: Sales Operations, Revenue Operations, Sales Leaders

Key Features:

SmartGrid™ Calculation Engine: High-performance engine for real-time commission calculations.
No-Code Interface: Design and manage commission plans without technical expertise.
Real-Time Reporting: Provides immediate feedback on performance and earnings.
Integration Capabilities: Connects effortlessly with CRM, ERP, and HRIS systems.
Customizable Dashboards: Visualize and analyze commission data with ease.
Automated Workflows: Simplifies the approval process with automated notifications and templates.

Company Summary

CaptivateIQ is a company that helps businesses manage and automate their sales commission processes. Their software makes it easier for companies to calculate and pay commissions to their sales teams accurately and efficiently. (captivateiq.com)

Price Estimate

CaptivateIQ offers simple, per-seat pricing with a one-time setup fee. The exact cost depends on the number of users and integrations required. For specific pricing details, you can contact CaptivateIQ directly. (captivateiq.com)

Who is CaptivateIQ for?

CaptivateIQ is designed for businesses of various sizes, from mid-sized companies to large enterprises. It’s especially useful for:

Company Size: Typically serves companies ranging from 50 to over 5,000 employees.
Job Titles:
- Sales Managers
- Finance Managers
- Revenue Operations Professionals
- Compensation Analysts
- Sales Representatives
Industries:
- Technology
- Financial Services
- Manufacturing
- Media & Entertainment
- Retail & Wholesale

Features, Functionalities, and Benefits

Automated Commission Calculations: Quickly and accurately calculate sales commissions, reducing manual errors. (captivateiq.com)
Flexible Plan Design: Easily create and manage commission plans without needing technical expertise. (captivateiq.com)
Real-Time Reporting: Access up-to-date reports on commission payouts and sales performance. (captivateiq.com)
Integration Capabilities: Connect with various data sources like Salesforce, HubSpot, and Workday for seamless data flow. (captivateiq.com)
AI-Powered Insights: Utilize artificial intelligence to gain deeper insights into sales performance and compensation effectiveness. (captivateiq.com)

Use Cases

Companies use CaptivateIQ for:

Automating Commission Processes: Reducing manual work and errors in calculating sales commissions. (captivateiq.com)
Enhancing Sales Team Motivation: Providing clear and timely commission information to boost sales performance. (captivateiq.com)
Gaining Business Insights: Analyzing commission data to inform strategic decisions and improve sales strategies. (captivateiq.com)

Who Are Their Best Customers?

Notable customers include:

Gong: A sales technology company that achieved 60 times faster commission calculations using CaptivateIQ. (captivateiq.com)
Plaid: A financial services company that streamlined its commission processes with CaptivateIQ. (forbes.com)
Udemy: An online learning platform that improved its sales compensation management using CaptivateIQ. (forbes.com)

What Makes CaptivateIQ Different?

CaptivateIQ stands out by offering a flexible, no-code platform that allows businesses to design and manage complex commission plans without relying on technical teams. Their integration capabilities and AI-powered insights provide a comprehensive solution for sales performance management. (captivateiq.com)