SOURCE: Callidus Software Inc.

Callidus Software Inc.

May 18, 2011 07:00 ET

Callidus Software to Showcase On Demand Producer Lifecycle Management Solution at 2011 ACORD LOMA Insurance Systems Forum

Leader in Sales Performance Management to Showcase Onboarding and Producer Performance Management Solutions

PLEASANTON, CA--(Marketwire - May 18, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that it is a sponsor at the 2011 ACORD LOMA Insurance Systems Forum. The conference will be held May 22-24 at the San Diego Convention Center, San Diego, CA. The event brings together senior leaders and professionals from the insurance industry to exchange ideas on how to improve data integrity, meet regulatory requirements, grow business, and stay competitive in today's industry.

Callidus Software will be located at booth #910. For more information on the 2011 ACORD LOMA Insurance Systems Forum, go to http://www.acordlomaforum.org/2011/index.aspx.

At the event, Callidus will showcase its new On Demand Onboarding solution -- Callidus' self-service onboarding platform for the extended enterprise. The solution is designed to accelerate producer recruiting, onboarding, and contracting, enabling companies to reduce the risk and time to meet critical channel revenue goals while controlling the costs of doing business with large producer volumes. The Onboarding solution is an integrated component of Callidus' Producer Lifecycle Management suite -- an end-to-end on demand platform for effectively driving sales growth through channel partners.

"We are excited about the opportunity to demonstrate the benefits of our producer lifecycle management solutions in this dedicated insurance forum," said Lorna Heynike, Senior Vice President, Marketing, Callidus Software. "Providing the right services to manage the producer relationship lifecycle is critical in this market. Callidus delivers an easy-to-use, single-source platform that manages the entire producer relationship, from onboarding, to license requirements and renewals, to order processing and commissions. The platform is designed to drive selling velocity and transparency for producers, while driving regulatory compliance and control for carriers."

The Callidus On Demand suite allows companies to manage the lifecycle of the producer and agent to maximize sales channel effectiveness:

  • Efficiently recruit and onboard producers to meet channel-based revenue targets on time
  • Rapidly deploy targeted incentives and contests to align the channel with critical corporate revenue targets
  • Gain visibility into channel performance with a single-source platform
  • Ensure regulatory compliance in an efficient and cost-effective manner

Seven of the top 15 insurance organizations in the world now rely on Callidus' solutions for their sales performance needs.

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.

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