SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 12, 2010 07:00 ET

Callidus Software Cited for Leadership in Compensation and Benefits From Independent Research Firm

Callidus Recognized as a Leader in the Compensation and Benefits Segment in HRM Solutions

PLEASANTON, CA--(Marketwire - October 12, 2010) -  Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that it has been cited as a "leader"(1) in the Compensation and Benefits segment in a new Forrester Research Inc. study, "HRM Solutions: Traditional Models Clash With Next-Generation Processes and Technology, September 24, 2010." Forrester Research is an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology.

This report notes the alignment of compensation and benefits management with core human resource management systems and the increasing adoption of a pay-for-performance culture throughout the workforce. It highlights the importance of building appropriate compensation and rewards programs and processes to improve morale and retention, and to ensure the alignment of individual goals with corporate objectives.(1)

"We are honored to be recognized by a prestigious research firm like Forrester," said Lorna Heynike, senior vice president of marketing at Callidus Software, commenting on the announcement. "We believe this recognition further validates the strength of the combination of our on-going customer success, product innovation, and business process outsourcing excellence. Callidus is seeing more and more customers make a strategic investment in driving best practices in talent management and compensation, especially within the sales organization: the most significant driver of top-line business performance. Callidus drives alignment to top-line financial results by enabling organizations to pin-point and then leverage the right compensation, incentives, and rewards mix to profitably motivate special goals, including team- and individual-based commissions plans, strategic MBOs, one-time bonuses and SPIFFs, and non-cash rewards. This report confirms that Callidus is positioned to meet the needs of any company considering a compensation and benefits solution."

Click here to download a copy of "HRM Solutions: Traditional Models Clash With Next-Generation Processes and Technology," from Forrester Research.

Callidus Software's award-winning solutions manage the entire sales lifecycle from on-boarding, to incentives and rewards, to talent development, while providing visibility into sales operations and financial performance. This gives customers the ability to align their sales force and channels with their top business objectives to consistently and reliably execute on target results. The software is used by leading companies in a broad range of verticals including high-tech, telecommunications, banking, insurance, and pharmaceuticals. Since its inception nearly 15 years ago, the company has evolved into the most experienced, proven, and reliable SPM vendor in the marketplace. Callidus Software manages over $50 billion in incentives and compensation for more than two million payees in over 140 countries.

(1) "HRM Solutions: Traditional Models Clash With Next-Generation Processes And Technology," Forrester Research, Inc., September 24, 2010.

About Callidus Software®
Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a company's sales force and channel partners. Over 2 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit

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