Spiff Continues to Reimagine the Sales Commissions Process with New Version of Its Industry-Leading Software
Spiff Commission Designer delivers new features that improve user experience for Spiff customers, moves sales and finance teams closer to a common vision for variable compensation
In its ongoing quest to bring transparency and trust back to the sales commissions process, Spiff, the leading sales commission software for forward-thinking revenue and sales organizations, announced today the availability of the new version of its flagship product, Spiff Commission Designer. The new version delivers a new user experience that offers the familiarity of a spreadsheet but with low-code/no-code automation technology that increases the speed and efficiency in which finance and sales build and manage commissions plans.
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“We believe we are building the greatest compensation tool on the market and on the road to ending a cold war that has existed for a long time between sales and finance”
“We believe we are building the greatest compensation tool on the market and on the road to ending a cold war that has existed for a long time between sales and finance,” Jeron Paul, Chief Executive Officer, Spiff, said. “In building the newest version of Designer, we’ve redesigned the platform to make it easier to use than a spreadsheet with the functionality of the business software we are all so familiar with. We’ve incorporated the comfort of familiar spreadsheet formulas but with the automation superpower needed to empower anyone in your finance organization to build complex commission plans with confidence and ease.”
Spiff, which closed its Series B financing round of $46 million in June, was recently named the leader in eight sales compensation reports by software marketplace and reviews platform, G2.com.
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Instilling User Confidence
Enterprise finance users have lost confidence in the commissions process. As complexity has increased in global organizations – finance teams are often managing hundreds of different commissions plans – spreadsheets, the most common way enterprises have managed the process, are laced with errors that aren’t easily correctable. A great scratch pad, spreadsheet technology has been outpaced by the complexity of sales commissions management.
Designer enables anyone in the organization to build complex commission plans with confidence and ease. New formula functions and color structure in Formula Editor will look familiar to spreadsheet disciples. Low to no-code datasets, like Relative Dates and Rollups, makes it easier for non-technical users to design, and Versioning provides access to audit history that gives users instant access to critical information and the ability to roll back unwanted or unintended changes.
