New: Updated Statement Cycles
Earlier this week, Palette launched its brand new statements page. Palette customers now have 2 extra options when determining the frequency for their statement cycles. You can now choose from the following options:
- Weekly
- Semi-weekly
- Monthly
- Semi-monthly
One important note: if you do change your statement cycle frequency, all statements that are not marked as paid will be replaced by new statements based on the new cycle. You will no longer be able to access the old statements which are not marked as paid.
At Palette, we believe that commission plans which incorporate the unique needs of your company and account for the nuances of your sales cycle are key to effectiveness and maximizing outcomes. We hope that this new update will help customers do exactly that. If you have any questions or feedback, we'd love to chat!
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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.