SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 06, 2011 07:00 ET

Total Administrative Services Corporation Selects Callidus' SaaS Platform to Drive Sales Performance Management

Leader in Benefits Administration to Leverage Callidus' Monaco SaaS Suite

PLEASANTON, CA--(Marketwire - Oct 6, 2011) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), announced today that Total Administrative Services Corporation (TASC), a leader in third-party administrative services, tax-saving services, and benefits administration, has selected the Callidus Monaco On Demand SPM suite to drive the performance of its sales organization in North America. The agreement was signed in the third quarter of 2011.

TASC will implement the following SaaS modules: TrueComp® Manager, Quota Management, Objective Management, Sales Communications, and Reporting & Analytics.

Callidus Software's Monaco SPM suite is part of the Callidus Cloud.

Callidus' Cloud is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe.

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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 multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users 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.

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