How to Incentivize Profitable Growth
Companies are coming under increased pressure to grow profitably and improve unit economics. This pressure, coupled with a tougher market for sales and revenue growth, requires go-to-market teams to focus on efficient financial management and think creatively about ways to boost revenue growth and profitability. As the single most important incentive for sales teams, with demonstrated impact on revenue growth, sales commission plans are an important lever in creating and sustaining profitability.
Well designed commission plans which account for the complexity and nuance of your business can empower sales teams to drive profitable revenue growth. Our new white paper provides a step by step guide to help you reassess your commission structure to align on profitability. Click here to read our guide to designing sales incentives for profitable revenue growth.
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Why Palette?
Automate calculations
Automate sales commission payments. Create commission rules, define a payout schedule and access monthly statements for each sales rep.
Motivate and coach with real time dashboards
Motivate sales professionals with real-time visibility into commissions. Coach your team, align everybody with company goals and drive long term sales performance.
Compare, simulate and design commission plans
Roll out new commission plans with ease. Compare plans and simulate new rules with a single click.
No more errors
Palette keeps history logs and tracks every calculation detail, helping you to reduce sales commission errors.
Reconcile revenue with CRM data
With Palette you can reconcile invoices and payments with CRM data and pay commissions to your reps only when the money is in the bank.
Create challenges with one click
Incentivize your teams on short term goals. Create a challenge targeting any KPI you want to uplift, drive better results and boost your company’s culture.
