Variable Compensation
Should Your Company Start Planning Ahead Too? In the world of commission management, there are common challenges and potential pitfalls businesses face. Companies often find themselves grappling with one (or several) points of failure in their commission process, such as relying on unwieldy spreadsheets for commission calculations. What happens when the one person in your organization…
Read MoreEveryone at Your Company Must Have Secured Access to Commission Plan. Here’s Why. For Commission Plan to function properly, everyone at your company must have a Commission Plan security role assigned through Microsoft Dynamics GP. Even if you only have a few people working with commissions, everyone will need to have at least a basic security role set up. This…
Read MoreDiscover How to Make Your Commission Plan Upgrade Easier and Faster Upgrading Commission Plan software isn’t difficult, but our process does differ slightly from what you may be used to. Whether you’re a partner or a user, it is important that you complete these 6 specific upgrade tasks to avoid a failed upgrade. Planning an upgrade soon? Check…
Read MoreCan Your Commission Payment Plan Get Past the Final Four? Find Out. Handling variable compensation payments is a critical function for most businesses, but even all-star accounting teams need a great commission payment plan playbook to stay on top of their game every month. Watch EthoTech’s latest webinar, “March Madness: The Final Four Variable Compensation Feature…
Read MoreIt Matters to Have the Right Variable Compensation Software Partner Looking for new variable compensation software for your company? Features, capabilities, and ERP integration are important, of course. But don’t forget how important it is to work with the right variable comp software partner. Here are key reasons people buy their variable compensation management software from the experts…
Read More3 Signs & 2 Red Flags That Show It’s Time to Switch to Commission Tracking Software It takes time to run commissions calculations because it requires attention to detail and careful recordkeeping. But how much time could your company save if you stopped wasting hours on manual processes? Organizations that use automated commission tracking software can eliminate the 3…
Read MoreAll EthoTech products including Commission Plan Keystone/Apex, Next Numeric Collection, Customer Service Collection, and SmartSort are now compatible with Microsoft Dynamics GP 18.5. EthoSeries build 18.05.005 for Dynamics GP 18.5 RTM build 18.5.1556. SmartSort build 18.00.020 for all Dynamics GP 2018 RTM and later releases. These new builds are available for download from the EthoTech Download Center. By entering the client name in the Regarding Company field on the…
Read More7 Tips to Improve Your Year-End Commission Calculation Process There is always a lot to handle for the year-end close and there is never enough time. It’s reasonable to expect that you will forget important steps for processes you only complete once a year, but it’s unreasonable when those forgotten steps waste your time and…
Read MoreWould You Save Big by Switching to Sales Compensation Software? We all know it is a bad idea to delay your growth-oriented business activities. However, your organization may have willingly chosen to make this tradeoff because you already have Excel. You may assume that using a “free” (already paid for) tool will be more cost…
Read MoreWhich Incentives Work Best for Your Team? A Compensation Management Solution Helps You Find the Answers The “principal-agent theory” from the field of economics states that a principal such as your company desires maximum output from its sales agents, while the agents want to expend minimum effort on your behalf. Sales incentives help align these interests… but which incentives work…
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