SOURCE: Callidus Software Inc.

Callidus Software Inc.

February 13, 2014 07:00 ET

iPayment Selects CallidusCloud Commissions and Sales Enablement to Transform Sales Performance

PLEASANTON, CA--(Marketwired - Feb 13, 2014) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness cloud software, announced today that iPayment, Inc., a leader in the merchant services business, has selected CallidusCloud's Commissions and Sales Enablement to transform sales performance within its sales partner channels in North America. The agreement was signed in the first quarter of 2014.

CallidusCloud's Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings while sales teams enjoy faster, more accurate and more transparent commission payments.

CallidusCloud's sales enablement platform provides a social platform to enable all sales channels to make collaborating simple and to improve communicating with customers. Sales no longer needs to waste time hunting down the right document, or looking for competitive information, it's all in one place providing a single source of truth. Meanwhile, marketing concurrently gains insight to know what materials are being used in winning sales cycles.

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About iPayment
iPayment provides credit and debit card payment processing services to small merchants across the United States. iPayment's payment processing services enable merchants to accept credit cards from VISA, MasterCard, American Express, Discover and Diners Club, as well as other forms of payment, including debit cards, checks, gift cards and loyalty programs. iPayment provides payment processing services to approximately 154,000 merchants throughout the United States.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the leading provider of sales and marketing effectiveness software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with their complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation -- driving bigger deals, faster. Over 2000 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

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