SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 17, 2012 07:00 ET

Leading Malaysian Communications Provider Selects CallidusCloud's Commissions to Manage Compensation for More Than Ten Thousand Payees

PLEASANTON, CA--(Marketwire - Oct 17, 2012) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of hiring, learning, marketing and selling cloud software, announced today that a leading Malaysian communications provider has selected CallidusCloud's Commissions. The agreement was signed in the third quarter of 2012.

"CallidusCloud's footprint in the communications market continues to grow with this new contract. Commissions is the only solution that puts the necessary power and flexibility in the hands of the customers, to enable them to respond to the rapidly changing market conditions, with targeted incentives and commission plans," said Jimmy Duan, Senior Vice President, International Sales, CallidusCloud®.

Commissions will be used to support the automation of incentive processing and channel management for more than ten thousand dealers, service centers and inside sales professionals who serve more than 10 million subscribers in the Malaysian market.

CallidusCloud's Commissions 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 extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings whilst sales teams enjoy faster, more accurate and more transparent commission payments.

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About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is a leading provider of cloud software. CallidusCloud enables organizations to drive performance and productivity across their business with our hiring, learning, marketing and selling clouds. From back office to the field, from desktop to mobile, we ensure organizations have the right tools to be more effective and perform better. The combined power of our clouds, our people, and our partners fuels growth, empowers the work force and delivers real value. CallidusCloud drives performance and productivity for over 1500 leading organizations. Small, medium and large enterprises across multiple industries and geographies rely on CallidusCloud for quicker hiring, simpler learning, better marketing, and smarter selling.

For more information, please visit www.calliduscloud.com.

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake and 6FigureJobs are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates 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.

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