SOURCE: Callidus Software Inc.

Callidus Software Inc.

September 16, 2011 07:00 ET

Accelerated Payment Technologies Selects Callidus' Monaco and Coaching SaaS Solutions to Drive Sales Performance

PLEASANTON, CA--(Marketwire - Sep 16, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Accelerated Payment Technologies, a leading integrated payment technology vendor, has selected the Callidus Monaco On Demand SPM suite and the ForceLogix Coaching solution to drive the performance of its sales organization in North America. The agreement was signed in the third quarter of 2011.

The company will implement the Monaco Sales Performance SaaS solution to drive its internal sales performance including TrueComp® Manager, Quota Management, Objective Management, Sales Communications, and Reporting & Analytics, as well as the ForceLogix Coaching solution to manage the sales talent lifecycle needs of its sales force.

The Monaco On Demand SPM suite and the ForceLogix Coaching solution are delivered as part of the Callidus Cloud, a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe.

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About Callidus Software®

Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus award-winning SaaS platform -- the Callidus Cloud -- is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe. For more information, please visit www.callidussoftware.com.

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