SOURCE: Callidus Software Inc.

Callidus Software Inc.

July 08, 2014 07:00 ET

Mobinil Selects CallidusCloud's Commissions to Optimize Dealer Compensation

PLEASANTON, CA--(Marketwired - Jul 8, 2014) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced that Mobinil, a leading telecommunications provider in Egypt, has selected CallidusCloud's Commissions to optimize incentive compensation across its dealer network. Mobinil is part of Orange S.A. and the agreement was signed in the second quarter of 2014.

"CallidusCloud's Commissions is the market leader across all telecoms providers within Egypt, EMEA and throughout the world," said Paul Cooper, vice-president of sales in EMEA. "Mobinil joins an ever-growing list of telecoms providers that enjoy the benefits of a solution, which not only reduces the cost of compensation, but also uses incentive compensation as a tool to drive significant revenue increases with clear and accurate commissions."

CallidusCloud 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 while sales teams benefit from faster, more accurate and more transparent commission payments.

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About CallidusCloud

Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the leading provider of sales and marketing effectiveness software. 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 2500 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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