SOURCE: Callidus Software Inc.

Callidus Software Inc.

April 14, 2011 07:00 ET

Callidus Software Monaco On Demand Suite Selected as 2011 CODiE™ Awards Finalist

Callidus Sales Performance Management Solution Recognized as One of Software Industry's Finest Products

PLEASANTON, CA--(Marketwire - Apr 14, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that the Callidus Monaco On Demand suite has been selected as a finalist for the prestigious CODiE Awards in the "Best Cloud Infrastructure Application" category. Established by the Software & Information Industry Association (SIIA), the CODiEs recognize excellence and achievement in the business software, digital content, and education technology industries.

"For more than 25 years, the CODiE Awards have shone a spotlight on the companies and products that are revolutionizing software, education technology and digital content," said Ken Wasch, President of SIIA. "What sets this program apart from all others is that the winners are selected by those who really know their stuff -- whether they're tech executives, industry analysts, or journalists. SIIA recruits leading software, digital content and education people to put each nominated product through an intensive review process. Callidus and all companies that survive the process and become a finalist can say unequivocally that they are producing one of the finest, most innovative products on the market."

"I am delighted to receive this recognition in our cloud-based solutions through the CODiE Awards program," said Lorna Heynike, Senior Vice President, Marketing, Callidus Software, commenting on the announcement. "Callidus' listing in this category further validates the strength of our on-going product innovation in our SaaS solution suite. Callidus On Demand leads the SPM market with its combination of ease of use, out-of-the-box best practices, and class-leading functionality, delivering an unmatched customer experience over the cloud. This recognition, based on the CODiE Awards intensive peer review, confirms that Callidus is well positioned to meet the needs of any company that requires a reliable, scalable cloud SPM platform."

Callidus' Monaco On Demand Suite delivers a 100% multi-tenant, SaaS solution that helps companies manage the talent lifecycle of the sales professional to maximize their sales effectiveness. The solution:

  • Supports sales talent assessments and coaching to optimize sales organization goal attainment

  • Enables deployment of targeted incentives, key sales objectives (KSOs), bonuses, and non-cash rewards across the distributed sales network to control and drive selling behavior

  • Consolidates all sales results data in a single platform with real time web and mobile access to deliver superior visibility into operations and financial performance

The top sales forces in the world rely on Callidus' solutions including 6 of the top 10 insurance organizations, 4 out of the top 10 banks, 7 out of the top 10 global high tech companies, 5 out of the top 10 telecommunications companies, and 5 out of the top 10 pharmaceutical companies.

Being selected as a finalist is a unique and important distinction, as the CODiEs are the industry's only peer-reviewed awards program. SIIA members will now review finalists and vote for a winner in each category. CODiE Award Winners will be announced in May. For more information and a complete list of categories and finalists, please visit www.siia.net/codies/2011.

Callidus Software's award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and performance optimization, while providing visibility into operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. 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 across the globe.

About the CODiE™ Awards
The CODiE™ Awards, originally called the Excellence in Software Awards, were established in 1986 by the Software Publishers Association (SPA), now the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has carried out the same purpose -- to showcase the software and information industry's finest products and services and to honor excellence in corporate achievement.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to 500 leading software and information companies. For further information, visit www.siia.net.

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 www.callidussoftware.com.

©1997-2011 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, TrueComp Manager, ActekSoft and ACom3 are trademarks, service marks, 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.

Contact Information

  • Press Contact:
    Rajendran Nair
    Callidus Software, Inc.
    925-251-2255
    pr@callidussoftware.com

    SIIA Contact:
    John Crosby
    Vice President, Communications
    Software and Information Industry Association
    +1 202.289.7442
    jcrosby@siia.net