HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (Nasdaq:NICE) announced today that Shaw Industries Group, Inc., a subsidiary of Berkshire Hathaway, has selected NICE cloud-based Sales Performance Management (SPM) to handle incentives for retailers and retail sales associates. As part of the retailer incentive project, NICE SPM will manage incentive planning, calculations, rebates, retailers’ statements, reports, inquiries and disputes.
Shaw Industries chose NICE SPM over several competitors due to its flexibility to adapt to its business needs, and ability to address the complexity of its retailer incentive requirements. Particularly, the Sales Support team at Shaw was looking for better control and visibility over its complex rebate programs.
“After a very thorough review process, our team was confident that adopting the NICE solution would allow us to better align our retailers’ incentives with organizational goals. We believe our partnership with NICE will provide an infrastructure to streamline our processes and to optimize our retailers’ incentives,” said Alan Hundley, VP, Residential Operations, Shaw Industries, Inc.
“We are proud to have been selected by Shaw, a company recognized for its high-performance standards,” said Yaron Hertz, President, NICE Americas. “This further reinforces the flexibility of our sales compensation system and its competitive advantage in handling complex business rules based on multiple, real-time data variables.”
About NICE SPM
NICE Sales Performance Management (SPM) helps
large organizations manage sales compensation to improve sales
performance. NICE SPM handles complex incentive compensation management
(ICM) needs, automates sales operation processes, manages territories
and quotas, and delivers sales performance analytics. For more
information, see http://www.nice.com/engage/incentive-compensation-management.
About Shaw Industries
Shaw Industries Group, Inc. offers a
diverse portfolio of carpet, hardwood, laminate, resilient, tile & stone
flooring products, synthetic turf and other specialty items for
residential and commercial markets worldwide via its brands Anderson,
Patcraft,
Philadelphia
Commercial, Shaw
Contract, Shaw
Floors, Shaw
Hospitality, Shaw
Sports Turf, Southwest
Greens, Tuftex,
USFloors
and more. Headquartered in Dalton, Georgia, Shaw is a wholly owned
subsidiary of Berkshire Hathaway, Inc. The company employs more than
20,000 associates with offices; R&D, manufacturing, warehousing and
distribution locations; product showrooms; and/or salespeople throughout
the U.S., as well as Australia, Belgium, Brazil, Canada, Chile, China,
India, Mexico, Singapore, United Arab Emirates, and the United Kingdom.
For more information, visit http://shawinc.com.
About NICE
NICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software solutions
that empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are using
NICE solutions. www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.
Forward-Looking Statements
This press release
contains forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Hertz, are based on the
current beliefs, expectations and assumptions of the management of NICE
Ltd. (the Company). In some cases, such forward-looking statements can
be identified by terms such as believe, expect, may, will, intend,
project, plan, estimate or similar words. Forward-looking statements are
subject to a number of risks and uncertainties that could cause the
actual results or performance of the Company to differ materially from
those described herein, including but not limited to the impact of the
global economic environment on the Company’s customer base (particularly
financial services firms) potentially impacting our business and
financial condition; competition; changes in technology and market
requirements; decline in demand for the Company's products; inability to
timely develop and introduce new technologies, products and
applications; difficulties or delays in absorbing and integrating
acquired operations, products, technologies and personnel; loss of
market share; an inability to maintain certain marketing and
distribution arrangements; and the effect of newly enacted or modified
laws, regulation or standards on the Company and our products. For a
more detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from time to
time with the Securities and Exchange Commission, including the
Company’s Annual Report on Form 20-F. The forward-looking statements
contained in this press release are made as of the date of this press
release, and the Company undertakes no obligation to update or revise
them, except as required by law.