DUBLIN, Calif., March 24, 2015 /PRNewswire/ -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, today announced the launch of the Predictive Sales Performance Platform, a software solution that will allow companies to predict future performance based on incentive, commission and historical sales performance data.
Traditional forecast methods can now be analyzed and validated using historical performance data. At the same time the digital footprint of sales professionals can be observed as they use sales automation and lead to money solutions. This powerful combination of data is the key to unlocking accurate forecast patterns and equipping leadership with a vital gap analysis that can be turned into action.
"Customers can now use the valuable performance data in our industry leading incentives platform to better understand their own sales forecast. Lead to Money customers can map their sales force's digital footprint across the suite to provide visibility to key stage sales activities which in turn underpin the sales forecast," said Leslie Stretch, president and CEO, CallidusCloud. "Combining a sales person's performance history with their measured activity will improve forecast accuracy and through gap analysis, provide vital actionable insight."
The platform, which will be a central topic in Stretch's keynote at CallidusCloud Connections (C3) on May 11-13, uses state of the art big data and visualization technology to access commissions data and digital interactions with the Lead To Money suite to provide a completely new insight to the performance of a sales person or a channel business.
"Enterprises are under growing pressure to accurately predict both top- and bottom-line results, yet suffer from multiple – and often inaccurate – data feeds that inform traditional territory management and forecasting decisions," commented Peter Ostrow, research VP, Aberdeen Group."If more reliable sources of accurate information are embraced, such as commissions data or performance analytics, companies achieve better clarity around what might happen, based on what has happened."
The platform will be previewed at a special launch event in London, April 21, to select customers and partners with general availability expected in the winter.
Note on Forward-Looking Statements
The forward-looking statements included in this press release, including, for example, the announcement of new products or services, reflect management's best judgment based on factors currently known and involve many risks and uncertainties. These risks and uncertainties include, but are not limited to, risks detailed in periodic reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K.
Callidus Software Inc. (NASDAQ:CALD), doing business as CallidusCloud®, is a leading provider of sales, marketing, customer experience and learning software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation – driving bigger deals, faster. Over 3700 leading organizations across all industries rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.
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SOURCE Callidus Software Inc.