beqom, a cloud-based compensation and sales performance management (SPM) software provider, today announced that it has been rated as a Value Index Leader in the Ventana Research "2019 Value Index for Sales Performance Management.”
Reflecting beqom’s unique status as a total compensation platform, the report noted that beqom’s solution “has helped organizations use one provider to handle their overall compensation as well as meet the commission and incentive needs in sales and other lines of business.”
beqom’s rating as an SPM Value Index Leader was linked to its strength in administration and security and its support for managing large scale deployments.
“We appreciate the focus that Ventana brings to this functional area that is so important to supporting strong sales performance in an organization,” said Stephan Pohl, beqom COO. “We couldn’t agree more with Ventana’s viewpoint that sales performance requires well-designed and continuously optimized territories and quotas and the strategic use of sales commissions and incentives to influence sales behavior and priorities. Companies today need the competitive edge that is provided by an automated sales performance management platform and total compensation platform.”
Ventana Research evaluates the maturity of nine major vendors in the SPM solution category, which it views as essential to “ensuring that the sales organization contributes as fully as possible to the success of the organization —-- to revenue, growth, profitability, and the overall customer experience.”