How to automate sales commission calculation in Netsuite
Palette connects with any data source to automate sales commission calculation! Get started now with our intuitive and powerful compensation engine.
Netsuite
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PALETTE
Examples of resources available to calculate commissions
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Transaction
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Custom Object
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3 steps to get started with Palette
Connect your CRM/Billing system
We developed 1-click secured connection with HubSpot, Salesforce, Sellsy, Close, QuickBooks and others.
Create plans and define your rules
We developped 1-click secured connection with HubSpot, Salesforce, Sellsy, Close, QuickBooks and others.
Invite team
Invite your sales team in Palette as well as your managers, finance and HR teams so they can access the data they need.
Should you automate sales commission calculation when using Netsuite?
Streamlining sales commission calculations in NetSuite is essential for businesses aiming to optimize operations and maintain precision. Relying on Excel for these tasks can introduce several problems, including human errors, data inconsistencies, and time-consuming manual updates. As your business expands, Excel sheets can become increasingly complex and hard to manage, heightening the risk of errors that can impact your profitability and employee satisfaction. Automating these processes enhances accuracy and reliability while saving valuable time, allowing your team to concentrate on strategic tasks instead of manual calculations. PaletteHQ is the perfect solution for companies using NetSuite, providing seamless integration that ensures all your sales commission data is consistently accurate and up-to-date. PaletteHQ integrates effortlessly with all major CRM providers, creating a comprehensive solution that bridges the gap between your CRM and NetSuite. This integration offers real-time updates and reporting, providing a clear, consolidated view of your sales performance and commissions. By opting for PaletteHQ, you choose a robust, user-friendly platform that eliminates the complexity and potential errors of manual calculations, ensuring your commission processes are efficient, transparent, and reliable.
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.
Trusted by leaders
around the world
Rated
on G2
Gwendolyn Damaren
Revenue Operations Manager @ Contentfly
The implementation team is super responsive, quick to reply and always happy to jump on a meeting. They listened to our feedback and iterated fast on the product. It's exactly what we needed!We are using it to calculate the commissions of our AEs, SDRs, BDRs and Managers. It also allowed us to connect with Stripe and reconcile the Stripe charges with HubSpot deals. Palette provides visibility for each rep with customizable dashboards.
