SAN JOSE, Calif.--(BUSINESS WIRE)--Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that it has been positioned in the leaders quadrant of the 2017 Gartner Magic Quadrant for Sales Performance Management1 report. Gartner positions vendors within a particular quadrant based on their ability to execute and completeness of vision. Xactly has been named among leaders every year since the report’s inception.
Gartner views Sales Performance Management as a “suite of operational and analytical functions that automate and unite back-office operational sales processes.” The report adds “SPM accelerates representatives’ time to value by providing real-time visibility into pay and performance as well as opportunity estimation, thus enabling more accurate forecasting” and notes that by “2020, 25% of organizations using a sales performance management (SPM) solution will optimize the design and maintenance of their sales compensation plans using advanced analytics provided by their SPM vendor.”
Xactly’s award-winning SPM solutions and powerful analytics capabilities enable companies of all sizes to design and manage incentive compensation programs that improve operational efficiency, optimize selling behavior and motivate and retain key sellers. Xactly is also the first company in the market to offer an empirical compensation big data set, Xactly Insights™ that is based on anonymized best practice data from nearly 1,000 customers. With this information, customers are empowered to build more intelligent, impactful compensation programs.
“We believe Xactly continues to be recognized for its unmatched focus on customer success and for the quality and cadence of the innovations we deliver, which give our users a unique, strategic advantage in their respective markets,” said Christopher Cabrera, Founder and CEO of Xactly. “Further, we feel being named a market leader for the fourth consecutive time reaffirms our vision and the value we put on delivering value to our customers in everything we do.”
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Join Xactly at CompCloud 2017, the premier incentive compensation and sales performance event of the year to learn how you can take your compensation initiatives to the next level. Register for the event, taking place May 16-18 in San Francisco, at: https://www.xactlycorp.com/compcloud.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1. Gartner, “2017 Magic Quadrant for Sales Performance Management,” by Melissa A. Hilbert, Tad Travis, March 28, 2017
Headquartered in San Jose, California, Xactly (NYSE:XTLY) is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. Xactly addresses a critical business need to incentivize employees and align their behaviors with company goals. Our products allow organizations to make more strategic decisions, increase employee performance, improve margins, and mitigate risk.
Our core values are key to our success, and each day we’re committed to upholding them by delivering the best we can to our customers. To learn more about Xactly and the latest issues and trends in SPM software, follow us on Twitter, Facebook, and subscribe to the Xactly blog.
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