SOURCE: Callidus Software Inc.

Callidus Software Inc.

April 04, 2011 07:00 ET

New Business Win: MSD Malaysia Selects Callidus Software Monaco On Demand Suite to Drive Sales Performance

Callidus Award Winning Solutions Continue to Gain Momentum in Asia Pacific

PLEASANTON, CA--(Marketwire - April 4, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that MSD Malaysia, a leading research-based pharmaceutical company in Malaysia, has selected the Callidus Monaco On Demand Sales Performance Management suite to drive the performance of its sales organization. The agreement was signed in the first quarter of 2011.

MSD will leverage Callidus TrueComp® Manager, Objective Management, Sales Communications, and Reporting & Analytics solutions to drive sales for its wide range of prescription pharmaceutical products.

Callidus' Monaco On Demand release delivers a 100% multi-tenant, SaaS solution that helps companies manage the sales talent lifecycle to maximize their sales effectiveness. The solution:

  • Enables deployment of targeted incentives, key sales objectives (KSOs), bonuses, and non-cash rewards to control and drive selling behavior
  • Delivers a high degree of adaptability to drive market agility based on new product strategies and market feedback
  • Supports real-time sales and channel communications to align execution throughout the fiscal year
  • Consolidates all sales and financial performance results data in one place with real time web portal and mobile access to drive transparency

Callidus Software's award-winning solutions manage the entire sales talent lifecycle from onboarding, to incentives and rewards, to coaching and performance optimization, while providing visibility into operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. The software is used by leading companies in a broad range of verticals including high-tech, telecommunications, banking, insurance, and pharmaceuticals. Since its inception nearly 15 years ago, the company has evolved into the most experienced, proven, and reliable SPM vendor in the marketplace. Callidus Software manages over $50 billion in incentives and compensation for more than two million payees across the globe.

About Callidus Software®

Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a company's sales force and channel partners. Over 2 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.

©1997-2011 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, TrueComp Manager, ActekSoft and ACom3 are trademarks, service marks, or registered trademarks of Callidus Software Inc. 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.

Contact Information