DUBLIN, CA--(Marketwired - Dec 12, 2016) - Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced today that a leading global software company has selected CallidusCloud Commissions. The 7 figure total contract value agreement was signed in the fourth quarter.
"This is an important land and expand opportunity as we have been working with this customer already with our learning and gamification solutions. Now they have selected us to replace their existing incentives platform with the industry's biggest and most powerful Commissions cloud," said Giles House, Chief Marketing Officer, CallidusCloud.
CallidusCloud will replace this global leader's existing cloud compensation system with its high-performance, market-leading Commissions solution. Commissions is delivered as part of CallidusCloud's Lead to Money suite, a set of SaaS solutions designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness throughout the sales cycle to close bigger deals, faster.
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. Approximately 5,000 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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