Varicent Incentive Compensation Management (ICM) Logo
Varicent Incentive Compensation Management (ICM) Logo
Varicent Software

Varicent Incentive Compensation Management (ICM)

7.7 /10
Category
Varicent Incentive Compensation Management (ICM)
7.7 /10

What is Varicent Incentive Compensation Management (ICM)?

Varicent Incentive Compensation Management (ICM) removes friction from the compensation process, accelerates the ability to make plan changes and adopt new strategies, and enables new insights to outdo previous performance. Varicent enables businesses to continually refine and improve their sales strategies - from plan, operate, pay, and insights - to maximize revenues. Varicent ICM can help you remove friction from the sales compensation process, improve incentive calculation, adapt your sales strategy to shifting business priorities, and enable your compensation admins.

Company Details


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Awards & Recognition

Varicent Incentive Compensation Management (ICM) won the following awards in the Sales Compensation category

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Varicent Incentive Compensation Management (ICM) Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Varicent Incentive Compensation Management (ICM).

86 Likeliness to Recommend

1
Since last award

100 Plan to Renew

80 Satisfaction of Cost Relative to Value

1
Since last award


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Emotional Footprint Overview

+94 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Varicent Incentive Compensation Management (ICM)?

0% Negative
7% Neutral
93% Positive

Pros

  • Helps Innovate
  • Reliable
  • Enables Productivity
  • Trustworthy

Feature Ratings

Average 81

Commissions Management

86

Incentive Dashboards

85

Multi Currency

84

Adjustments & Clawbacks

82

Data Integration

81

Collaboration

81

Regulatory Compliance and Audit

80

Reporting and Analytics

79

Incentive Plan Designer

79

Pre-Built Incentive Plans

78

Vendor Capability Ratings

Average 81

Vendor Support

86

Business Value Created

86

Ease of Customization

85

Product Strategy and Rate of Improvement

84

Ease of Implementation

81

Quality of Features

81

Usability and Intuitiveness

79

Breadth of Features

79

Availability and Quality of Training

78

Ease of Data Integration

76

Ease of IT Administration

76

Varicent Incentive Compensation Management (ICM) Reviews

Laura G.

  • Role: Sales Marketing
  • Industry: Media
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Apr 2024

Good program for managing sales performance.

Likeliness to Recommend

8 /10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

It stands out from the competition thanks to its user-friendliness, responsive customer support, and straightforward integration options for both manual and automatic incoming and departing data flows.

What is your favorite aspect of this product?

Varicent has wonderful, easy-to-work-with staff that listens to consumers. They routinely provide software updates depending on client requests. Varicent delivers training, workshops, and a network to support your company's customized solutions.

What do you dislike most about this product?

There is a significant learning curve to use their Incentives solution, which is peculiar to my experience with them. Doing everything in-house requires a solid grasp of data joining and coding, which becomes much more important when dealing with sophisticated models and business needs.

What recommendations would you give to someone considering this product?

Thanks to the program's dedicated and well-informed support staff, I have no hesitation in recommending it.

Pros

  • Reliable
  • Trustworthy
  • Efficient Service
  • Effective Service

Kanika S.

  • Role: Sales Marketing
  • Industry: Telecommunications
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2023

Good features and user friendly interface

Likeliness to Recommend

9 /10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

It's features and pricing

What is your favorite aspect of this product?

User friendly interface

What do you dislike most about this product?

Nothing as of now

What recommendations would you give to someone considering this product?

Easy to use and best features

Pros

  • Helps Innovate
  • Continually Improving Product
  • Efficient Service
  • Appreciates Incumbent Status

Sagar K.

  • Role: Information Technology
  • Industry: Manufacturing
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2023

Nice product but not unique

Likeliness to Recommend

8 /10

What differentiates Varicent Incentive Compensation Management (ICM) from other similar products?

It doesnt require you to code a lot to get a working compensation model going, but its not unique. There are number of other tools in the market that does the same thing. You just have to figure out, what works best for you.

What is your favorite aspect of this product?

Ease of build

What do you dislike most about this product?

It has limitation on things you can do.

What recommendations would you give to someone considering this product?

Define your end to end use case, this will help you evaluate if this is the right product for you or not.

Pros

  • Trustworthy
  • Efficient Service
  • Caring
  • Respectful

Cons

  • Slower Product Innovation

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