SOURCE: Callidus Software Inc.

Callidus Software Inc.

June 28, 2012 07:00 ET

Philips Healthcare Expands Relationship With CallidusCloud

PLEASANTON, CA--(Marketwire - Jun 28, 2012) - Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced the addition of another business unit at Philips Healthcare to their SaaS Commissions product, part of the CallidusCloud™ Sales Performance Management (SPM) solution. The agreement was signed in the second quarter of 2012.

Currently, Philips Healthcare uses CallidusCloud to calculate, pay, and process commissions and MBOs. The addition of another business unit directly supports Philips Healthcare's drive to standardize on a single solution throughout its enterprise, thereby allowing Finance and Sales Operations detailed visibility into overall sales effectiveness and commissions spend while effectively managing costs.

"We are delighted by the success Philips Healthcare is enjoying using our Commissions product," said Leslie Stretch, President and CEO, CallidusCloud. "Their expansion underscores the importance of combining fast, accurate commission processing. It is critical to have incentive programs that are tightly aligned to strategic objectives to ensure sales are executing in a manner consistent with the company's financial and strategic goals."

"CallidusCloud Commissions is a critical business system at Philips. The stability, performance, and cost predictability allows us to quickly on-board additional business units," said Julie Orr, Senior Manager, Philips Healthcare. "We have already reaped much benefit from streamlining our incentives and commissions programs using CallidusCloud. As our business continues to grow, we need to ensure our incentive plans continue to accurately drive the right behaviors to deliver on our corporate objectives."

CallidusCloud delivers a sales & marketing suite that is designed to help businesses drive enterprise engagementsales performance management and sales effectiveness at all stages of the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following software-as-a-service and mobile solutions: candidate assessment tests for hiringvideo interviewsmarketing automationquotes and proposalssales enablementsales coachingsales commission managementlearning management and content authoring, underpinned by analytics and sales gamification.

About Callidus Software

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

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