
The Playbook for Sales Compensation Planning, Implementation, and Monitoring with Maria Oczko Canant, Head of Global Sales Planning at Workiva
The Sales Compensation Show
Efficiency and Improvement in Sales Compensation Processes
Improvements and efficiency gains in sales compensation processes were observed through the implementation of better tools and processes. By revamping the entire process, including data cleaning, approvals, plan documentation, and speeding up response times, significant enhancements were achieved. Transitioning from manual to automated processes reduced errors and post-payroll adjustments from $1.4 million to just $2,000 in a year. Implementing changes also led to improved clarity, speed, and confidence for sellers in their attainment levels. Furthermore, transitioning support teams from quarterly to monthly payments resulted in a significant reduction in post-payroll adjustments, demonstrating tangible benefits that were appreciated by accounting and finance teams.