SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 09, 2012 07:00 ET

TaylorMade-adidas Golf Company Selects CallidusCloud's Commissions Solution to Drive Sales Performance

PLEASANTON, CA--(Marketwire - Aug 9, 2012) - Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that TaylorMade-adidas Golf Company, a leader in golf equipment, footwear and apparel, has selected CallidusCloud's Commissions solution to drive the performance of its sales organization and benefit from valuable sales analytics. The agreement was signed in the third quarter of 2012.

Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses the ability to automate the calculation and payment of commissions across internal and external sales. With its extensive modeling and analytics capabilities, Commissions 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 whilst the sales teams benefit from faster, more accurate and more transparent commission payments. The CallidusCloud® solution replaces manual processes and automates many functions other vendors perform through expensive service offerings, delivering unrivaled capability and performance for companies of all sizes.

The Commissions solution is delivered as part of CallidusCloud's sales and marketing suite, a SaaS suite that is 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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