SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 30, 2012 07:00 ET

One of America's Largest Healthcare Providers Selects CallidusCloud's Commissions and ChannelManagement to Drive Sales Performance for 17,500 Brokers

PLEASANTON, CA--(Marketwire - Aug 30, 2012) -  Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that one of America's largest healthcare providers has selected CallidusCloud's Commissions and ChannelManagement to improve the onboarding, objectives, bonuses and compensation processes for 17,500 third party brokers. The agreement was signed in the third quarter of 2012.

"Leading companies around the world, across all industries, are turning to our selling, marketing, hiring and learning clouds to improve performance throughout their business," said Leslie Stretch, President and CEO, CallidusCloud®. "This healthcare provider in the USA will recognize significant cost savings and revenue gains from our Commissions and ChannelManagement solutions, benefiting the many customers they serve."

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 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.

ChannelManagement enables companies to raise channel service levels to grow market share, drive revenue growth, and retain the best agents, producers, and channel partners. It helps to balance partner expansion with tight control over contracts and payments based on profitable performance. ChannelManagement helps businesses realize significant hard dollar savings with better control and flexibility of incentive-based contracts and payments to agents.

Commissions and ChannelManagement are 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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About CallidusCloud
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.

©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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