Callidus Software and Workscape Form Strategic Relationship to Further Expand Award-Winning Compensation Management Solutions
Combined Solutions Enable Clients to Better Implement, Execute and Manage Compensation Plans for All Employees
| Source: Workscape; Callidus Software
SAN JOSE, CA and MARLBOROUGH, MA--(Marketwire - June 1, 2009) - At the WorldatWork Total
Rewards 2009 Conference and Exhibition in Seattle today, Workscape, Inc., a leading provider of
outsourced
benefits and talent
management solutions, and Callidus Software Inc. (NASDAQ : CALD ), the
leader in Sales Performance Management (SPM), announced a joint
marketing relationship. Callidus Software and Workscape extend the
functionality of their respective solutions -- Workscape's Compensation
Planner and Callidus' TrueComp® Manager software -- creating the broadest
set of compensation solutions in the industry.
Providing total control over both sales and non-sales based compensation,
the combination of solutions from Callidus Software and Workscape enables
Workscape to offer a full-end-to-end sales compensation management solution
and further expands its leadership position in the talent management
market. Through the partnership, Callidus Software can also offer new
functionality such as salary and merit planning and stock option
allocations to its customers. Workscape Compensation Planner provides
guidelines, budget control and approvals to all merit, bonus, stock and
other elements of compensation planning for general employees. Callidus
TrueComp Manager software optimizes incentive compensation across companies
of any size and industry, drives revenue and aligns employee behavior with
corporate objectives. The result is a comprehensive solution-set that can
tackle the toughest compensation management requirements.
"We are pleased to ally ourselves with Callidus Software to offer our
customers a solution that enables them to improve control of their sales
compensation processes. Through this alliance, we can provide our clients
with access to a broader array of compensation solutions that are designed
to introduce greater visibility and control to compensation practices
across an enterprise," stated Tony Marzulli, chief marketing officer at
Workscape.
"Our customers want a unified way to manage all aspects of compensation,
from salaries to commissions to stock options," said Steve Apfelberg,
senior vice president of marketing and business development at Callidus
Software. "Through our relationship with Workscape, we now offer software
solutions to manage the full spectrum of employee and partner pay."
Workscape Compensation Planner not only tracks salary increases and rewards
associated with annual performance reviews, but it also manages off-cycle
compensation changes to help avoid budget overruns. Automatic application
of corporate compensation guidelines and limits, along with instant
visibility into budget impact, makes it easier for managers to handle tough
decisions.
The Callidus TrueComp software suite enables companies to more effectively
manage the entire incentive and sales compensation processes, from
calculation to reporting to dispute resolution. The TrueComp suite provides
ease of use and flexibility for compensation plan administration, allowing
customers to be agile in adjusting sales strategies to respond to changing
market conditions. By optimizing their investment in sales compensation,
companies are able to drive revenue within a prudent commission expense
structure.
Both organizations are exhibiting at the WorldatWork Total Rewards 2009
Conference and Exhibition in Seattle, which held its opening reception on
May 31. Exhibits open on June 1 and continue through June 2. Both companies
are conducting a "Compensation Quiz" at the conference and participants can
win a Flip video camera. To enter, visit the Callidus Software booth #713
and the Workscape booth #703. More information about the annual WorldatWork
Total Rewards Conference is available at
www.worldatwork.org/waw/seattle2009.
About Callidus Software®
Callidus Software (www.callidussoftware.com) (NASDAQ : CALD ) is the market
and technology leader in Sales
Performance Management (SPM). Performance-based compensation is one of
the largest investments for all companies. Callidus' customers gain a
competitive advantage by maximizing the return on this strategic asset. Our
award-winning Software-as-a-Service
(SaaS) applications set the standard for pervasive performance
management across the enterprise. Over 1.9 million employees and
channel partners have their performance managed by Callidus Software.
About Workscape
Workscape is unique in its ability and demonstrated domain expertise in
addressing the talent management, benefits administration and employee
communication challenges of hundreds of organizations and millions of
workers across the country and across the globe. For the past decade,
Workscape has been delivering Web-based software and services that are
proven to help organizations reduce healthcare costs, improve adherence to
compensation budgets and ensure alignment between employee activities and
corporate goals. As a result, our employee-centric approach has
consistently helped organizations to achieve the highest return on their
greatest workforce expenditures: healthcare benefits and employee
compensation. For more information about Workscape, visit www.workscape.com
or call 888-605-9620.
© 1998-2009 Callidus Software Inc. All rights reserved. Callidus
Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp,
TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation,
TrueInformation, TruePerformance, TruePerformance Index, TruePerformance
Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral,
TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks,
or registered trademarks of Callidus Software Inc. in the United States and
other countries. All other brand, service or product names are trademarks
or registered trademarks of their respective companies or owners.