SOURCE: Callidus Software Inc.

Callidus Software Inc.

July 09, 2013 07:00 ET

Panin Life Selects CallidusCloud's Commissions to Optimize Agent Incentive Compensation Management

PLEASANTON, CA--(Marketwired - Jul 9, 2013) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced today that Panin Life has selected CallidusCloud's Commissions, the market-leading incentive compensation management solution. The agreement was signed in the second quarter of 2013.

Commissions was selected to manage agent information such as licenses, appointments, continuing education, contracts and incentive compensation to provide an end-to-end solution to drive sales performance.

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 while 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 accelerate and maximize their lead to money process with sales and marketing effectiveness cloud software. CallidusCloud maximizes and accelerates sales and marketing processes for over 2000 leading organizations. Small, medium and large enterprises across multiple industries and geographies rely on CallidusCloud for better marketing, and smarter selling.

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About Panin Life
Panin Life is a life insurance company under the auspices of Panin Group. Since 1971, Panin Group has been serving the people of Indonesia in various sectors of financial services including banking, life insurance, general insurance, securities, and multi finance. Through innovative products, Panin Life provides life insurance protection options to suit both individual and corporate customers. We provide variety of life insurance and investment products, including sharia products.

Panin Life has customer service and marketing network spread across major cities in Sumatra, Java, Kalimantan and Sulawesi. Panin Life has been trusted by Indonesian society for decades, due to its reputation of quick and professional claims payment, as well as providing a reliable service and protection program.

Please visit our website for more complete information

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