SOURCE: Callidus Software Inc.
PLEASANTON, CA--(Marketwire - Aug 24, 2012) - Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that Citrix Systems, a recognized leader within the technology industry, has selected the CallidusCloud® Commissions solution to drive the performance of its sales organization, automating commissions and outsourcing its sales compensation operation processes. The agreement was signed in the third quarter of 2012.
"Using this solution from CallidusCloud to automate our sales commissions processes has greatly benefited our organization, enabling us to streamline compensation with consistently accurate and timely delivery of commission payments to our sales team," said David Egloff, Director of Worldwide Sales Compensation, Citrix Systems. "In addition to the benefits of the CallidusCloud Commissions solution, we've partnered with CallidusCloud to tactically outsource our sales operation processes, enabling our team to focus on core initiatives strategically aligned with our go-to-market plan."
CallidusCloud's Commissions solution enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With its extensive modeling and analytics capabilities, the tool provides clear insight into the performance of current plans as well as highly accurate forecasts of future performance. Sales operations and finance enjoy significant time and cost savings whilst the sales teams enjoy faster, more accurate and more transparent commission payments.
Commissions is delivered as part of CallidusCloud's sales and marketing suite, a SaaS suite designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness throughout the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following SaaS and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and enterprise gamification.
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Citrix (NASDAQ: CTXS) transforms how businesses and IT work and people collaborate in the cloud era. With market-leading cloud, collaboration, networking and virtualization technologies, Citrix powers mobile workstyles and cloud services, making complex enterprise IT simpler and more accessible for 260,000 organizations. Citrix products touch 75 percent of Internet users each day and it partners with more than 10,000 companies in 100 countries. Annual revenue in 2011 was $2.21 billion. Learn more at www.citrix.com.
About Callidus Software
Callidus Software Inc. (NASDAQ: CALD) is the market and technology leader in sales effectiveness and cloud computing. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit www.calliduscloud.com.
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