Accelerate Dynamics GP commissions processing for immediate return on investment (ROI)
Most business leaders know that maintaining complex commission structures helps motivate the sales team and drive revenues for specific products. But Microsoft Dynamics GP users also know that calculating complicated Dynamics GP commissions can take a long time and a lot of effort.
It doesn’t have to. In fact, it makes sense to speed this process up right now.
How to Immediately Speed Up the Process
Commission Plan by EthoTech is widely recognized as the easiest and fastest way to calculate commissions in GP. Since it has a quick implementation time, it can help motivate your salespeople and boost your revenues as early as next week.
Now, that’s a fast process and a rapid return on investment.
What Is Commission Plan?
With Commission Plan, you can determine commission rates in a variety of ways and process commissions in just a few clicks.
In the most simple commission scenario, all salespeople would be paid the same commission on each different item sold to any customer. In the most complex scenario, each salesperson would be paid a different commission on each different item sold to each different customer. With the latter scenario, if you had 10 salespeople, 100 items, and 500 customers, you would have 500,000 different commission rates to track! (10 × 100 × 500)
This complexity can be great for motivating your sales team, but it’s a commission-processing nightmare for your finance department. No one wants to calculate that many Dynamics GP commissions manually — and no one should have to.
Fortunately, Commission Plan provides a unique mechanism to simplify all that complexity: it streamlines the setup and maintenance of your commission rates so your team can transform commission processing into a push-button activity.
“All I have to do is make sure sales are closed,
click the mouse a few times, and boom! Commissions are done.”
3 Ways Commission Plan Speeds Up Your Dynamics GP Commissions Processing
Commission Plan works by grouping similar customer, salesperson, and item types into combinations known as a “commission matrix.”
These matrixes empower your team to calculate your unique commissions in 3 critical ways:
1. Calculate by Line Items
“Standard” commissions assign a single commission to each line item. They are simple to do in Commission Plan: assign a commission to a line item, and the system will automatically allocate accurate commission earnings to each salesperson who sells the item.
In Commission Plan, line-item commissions can be earned as percent of margin, percent of sale, flat rate, or per unit.
2. Calculate by Tiers
Tiers are calculated based on flexible, custom sliding scales of several tier types, including commissionable amount, margin amount or percent, pricing variables, quantity, date, location, and more.
Tiered commission rates are inclusive, meaning that once a rate level is achieved, the associated commission rate will be automatically applied to the entire line item.
3. Calculate by Quotas
Also known as milestones as thresholds, quotas are calculated similarly to tiers, except that they are limited to a given time frame and based on one of two quota types: commissionable sale amount or margin amount.
Quotas are applied to the aggregated amounts for the selected period, and commission rates may be inclusive (like tiered commissions) or stepped, which means that once a quota level is achieved, the associated commission rate is only applied to the portion of the commissionable sale or margin amount at that level.
Still on GP? Here’s Why Adding Commission Software Is a Power Play
Boosting item sales and motivating salespeople is a wise business choice at any time, but adding a Dynamics GP commissions calculation solution right now only makes sense if the solution you choose can deliver 3 critical benefits:
- Lightning-fast implementation
- A strong and proven ROI
- The solid promise of dedicated support for as long as you use Dynamics GP, even if that is past the EOL date
Commission Plan delivers all of these benefits, which makes it an excellent way for you to continue boosting the value of your tried-and-true Dynamics GP solution and get more from it for years to come.
Learn More About Commission Plan
Since 2002, companies across every sector have relied on EthoTech for the right tool for tracking, calculating, and paying variable compensation. We provide solutions, integration, and support that is focused solely on integrated variable compensation software for Microsoft Dynamics GP, and we are committed to helping you gain value from GP well beyond its lifecycle. Commission planning for GP is all we do, and we do it better than anyone. Contact EthoTech to learn more.