SOURCE: Callidus Software Inc.

Callidus Software Inc.

March 31, 2015 08:00 ET

CallidusCloud Powers Over 130 of the World's Leading Insurance Companies to Drive Agent Effectiveness

ING Life Japan Streamlines Agency Onboarding for Faster Revenue Production

DUBLIN, CA--(Marketwired - Mar 31, 2015) - Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced today that CallidusCloud® is now enabling over 130 of the world's top insurers to improve agent effectiveness in the era of the digital agency.

The insurance industry is undergoing a transformation as broken processes, stitched together by fragmented legacy systems are no longer competitive. ING Life Japan is the latest insurer to embrace automation and transform the process of bringing new agencies and producers on board. CallidusCloud's solutions dramatically reduce the time required to complete the qualification and onboarding process, optimize incentive compensation, and improve lead management, which speeds time to revenue. The fully configurable suite of solutions is giving the world's top insurance companies a competitive edge in the digital agency era.

"The insurance industry is changing rapidly, and companies that want to succeed in the digital age need new solutions," said CallidusCloud's SVP and chief marketing officer, Giles House. "That's why more than 130 of the world's largest insurers rely on CallidusCloud to streamline core business processes to accelerate sales from lead to money. As part of a comprehensive sales and marketing suite, CallidusCloud gives insurers like ING Life Japan the tools they need to be more agile and competitive in an evolving marketplace."

Agency qualification, or onboarding, describes the process insurance companies use to bring new agencies and individual agents on-board to sell products. It includes background checks and evaluations of credit history and compliance records. Because onboarding is a complex process that can involve manual data entry and hard-to-read or incorrectly submitted forms, it can take weeks or even months as insurers resolve documentation or procedural checks. CallidusCloud makes onboarding fast, compliant and error-free, enabling insurance companies to acquire new agents and producers -- and generate revenue -- more quickly.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is the global leader in cloud based sales, marketing, learning and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a 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 3,700 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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