- Company (that provides the nominated product / solution / service): beqom
- Website: http://www.beqom.com
- Company size (employees): 100 to 499
- Product Version Number: 2017r1
- Type of solution: Software
- Year this product or service was first introduced to the market: 2009
- Year the current version of this product or service has been released: 2017
- Approximate number of users worldwide: 1,000,000
In 3 bullets, summarize why this product or service deserves recognition:
• beqom’s ability to meet the needs of large global enterprises has been proven successfully at over 100 leading global companies since 2009
• beqom is unique in providing a solution for managing sales incentive compensation that is also a total compensation management platform
• beqom can be managed by business users, enabling sales operations to be in full control of sales comp and be able to react and change quickly
In less than 300 words, summarize the most important features and benefits of this product or service
beqom’s Total Compensation Management Solution provides a large enterprise solution for managing sophisticated sales compensation. beqom believes companies should not have to compromise on compensation strategies due to system limitations. Compensation is mission critical and vital to a company’s ability to achieve its sales targets and other objectives.
beqom provides a rules-engine based, highly configurable solution that can handle even the most complex compensation scenarios and organizations, from crediting through payment, with full transparency and compliance. Global leaders like Microsoft, Lowes, Barclays and Vodafone use beqom to manage incentive compensation for their employees and channel partners in order to be more efficient and competitive.
What separates beqom from other solutions that traditionally have been used to manage sales incentive compensation is that beqom can be managed by business users, without relying on IT. That means that sales operations staff can have full control over their commission plans, changing and adapting them as needed to meet market and competitive requirements on the fly.
In addition, beqom is a Total Compensation platform. So in addition to sales commissions, all forms of compensation and performance for your sales force (and other employees) can be managed through beqom – salary reviews, bonus plans, long term incentives, executive compensation, non-cash rewards – so that you have a comprehensive view of total compensation.
beqom believes that happiness is the best driver of success. Happy people are motivated, engaged and loyal. Happiness does not come from more money, it comes from people understanding the link between their role and the overall company strategy and being satisfied that their compensation is fair for their role. beqom makes your people happy by providing clarity of alignment with company strategy and fairness compared to the market, with transparency and compliance.