Centive Compel Wins 2006 CODiE Award for Best Financial Software Solution
Compel Receives Award from Software and Information Industry's Only Peer Recognition Awards Program
BURLINGTON, Mass., May 17, 2006 — Centive, the leader in on-demand sales compensation management, today announced it has won a CODiE award from the Software and Information Industry Association (SIIA). Centive’s flagship on-demand solution, Compel™, was selected by the SIIA and an independent panel of software industry leaders as the “Best Financial Software Solution”.
“This 21st Annual CODiE Awards continues our tradition of celebrating the best products in the software and information industry,” said Ken Wasch, president of SIIA. “Being a winner among so many fine nominees is a solid achievement. I congratulate all of the companies.”
The CODiE Awards showcases the best-in-class companies, products and services in the software and information industry. This year, more than 1,026 nominations were submitted by more than 500 companies. Considered one of the most prestigious awards programs, the CODiE Awards is the only peer-recognition program of its kind. The award offers a unique opportunity for companies to earn praise and recognition from their competitors and peers.
“We are thrilled to be a 2006 CODiE Award winner”, said Mike Torto, president and CEO of Centive. “This recognition, in this category, validates that Compel is much more than just an incentive management solution; it is a strategic business tool that automates commission accounting, drives sales performance and improves overall business processes”.
Centive Compel is an affordable, on-demand sales compensation management solution that automates the entire sales compensation process in one secure, centralized system. Compel goes beyond just calculating accurate commission and bonus payments; it also provides the real-time visibility, flexibility and scalability organizations need to leverage sales compensation as a strategic sales performance management tool. In addition, Compel features integration with Salesforce.com and other CRM systems to enable sales reps and managers to forecast compensation based on opportunities within their pipeline. This integration provides Centive’s customers with full automation of the sales lifecycle — From Prospect to Paycheck™ — to ensure that sales reps stay focused, aligned and motivated to close the right business.
About Centive
Centive, headquartered in Burlington, MA, is the leader in on-demand sales compensation management. Companies use Centive Compel to accurately calculate commissions and bonuses and gain real-time visibility into sales performance metrics. As an on-demand subscription service, Compel is a cost-effective solution that allows executives to be strategic and sales reps to stay motivated and focused on selling.
To learn more about Centive, please visit www.centive.com or call 1-877-CENTIVE.
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Compel and From Prospect to Paycheck are trademarks of Incentive Systems, Inc. Additional company and product names may be trademarks or registered trademarks of the individual companies.
