Performio vs Oracle Sales Performance Management

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Our analysts compared Performio vs Oracle Sales Performance Management based on data from our 400+ point analysis of Sales Commission Software, user reviews and our own crowdsourced data from our free software selection platform.

Performio Software Tool

Product Basics

Performio is an incentive management software that allows sales representatives and management to calculate and create compensation plans and sales performance reports accurately. Users can automatically calculate sales commissions with a few clicks, build new plans and add new participants as and when required.

The vendor offers auditing and compliance inclusions wherein audit logs automatically track calculations. It also provides pre-built plan components that simplify building and modifying plans.
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Oracle Sales Performance Management (SPM) provides tools for managing sales activities, aligning individual goals with company strategy, and improving overall performance. Fueled by data and machine learning, it offers features like quota management, territory management, incentive compensation planning, and performance dashboards. Oracle SPM is best suited for mid-sized to large organizations with complex sales processes and multiple teams. Its benefits include increased revenue, improved sales forecasting, enhanced employee engagement, and streamlined workflows. User reviews highlight the solution's ease of use, powerful features, and robust data capabilities. However, some users note its complexity and potential for customization overload. Pricing varies based on specific features and the number of users. Typically, it falls within the range of $500k-$1 million per year, with annual subscriptions being the most common payment frequency.

Pros
  • Increased Revenue
  • Improved Forecasting
  • Enhanced Engagement
  • Streamlined Workflows
  • Robust Data Insights
Cons
  • Complexity
  • Customization Burden
  • High Cost
  • Limited Scalability
  • Steep Learning Curve
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$50/User, Monthly
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Tailored to your specific needs
$11,500/User, Monthly
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Tailored to your specific needs
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Android
Chromebook
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Mobile
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Mobile

Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • Automate Sales Compensation Processes: Automate sales commission calculations, prevent overpayments and eliminate errors resulting from manual calculations. 
  • Improve Team Performance: Optimize plans according to unique business needs and calculate sales commissions. Inspire teamwork and foster a high-performance culture with accurate and transparent commission calculations, fewer errors and insightful analytics. 
  • Keep Data Secure: Protect source and commission data using role-based visibility and comprehensive audit logs.  
  • Enjoy Fast Implementations: Get expert help to configure the solution as per business requirements for efficient and painless implementation. Access a dedicated customer success manager and free support. 
  • Integrate With Other Systems: Connect to the sales data system to extract needed data and push data back to Salesforce and payroll. 
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  • Increased Revenue: Drive sales growth through improved sales performance management. Accurate goal setting, efficient forecasting, and data-driven decision making contribute to achieving and exceeding revenue targets.
  • Improved Forecasting: Gain accurate insights into future sales performance with data-driven forecasting. Leverage historical data, market trends, and pipeline analysis to predict future sales with greater precision, enabling proactive resource allocation and decision-making.
  • Enhanced Employee Engagement: Motivate and engage your sales team with clear goals, incentives, and recognition. Transparent goals, regular performance feedback, and meaningful recognition programs boost morale, productivity, and team spirit.
  • Streamlined Workflows: Automate manual tasks and optimize sales processes for increased efficiency. Automate repetitive tasks like data entry and reporting, freeing up valuable time for sales reps to focus on selling.
  • Data-Driven Decision Making: Make informed decisions based on real-time data and insights. Gain a holistic view of sales performance, identify areas for improvement, and make data-backed decisions that drive results.
  • Improved Sales Visibility: Gain a clear view of individual and team performance across all sales channels. Real-time dashboards and reporting tools provide comprehensive insights into individual and team performance, enabling sales managers to provide targeted coaching and support.
  • Enhanced Collaboration: Foster better communication and collaboration between sales teams and departments. Streamlined communication tools and collaborative platforms facilitate seamless information sharing and teamwork, leading to improved cross-functional alignment and sales effectiveness.
  • Reduced Costs: Optimize sales operations and reduce administrative costs. Automate manual tasks, streamline processes, and eliminate redundancies to minimize administrative overhead and maximize sales efficiency.
  • Increased Profitability: Drive bottom-line growth through improved sales performance. Improved sales performance translates to higher revenue and increased profitability, enabling businesses to achieve their financial goals.
  • Scalability: Adapt to changing business needs and grow your sales organization. The system scales to accommodate changing business requirements, allowing sales teams to grow and adapt to new markets and opportunities.
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  • Pre-Designed Data Transforms: Eliminate the requirement of managing and writing complicated commission formulas or crediting rules using pre-built data transformations and incentive plan components. View all plan components on a single screen to quickly check different payments to reps. Modify plans as needed and update changes. 
  • Enterprise-Grade Features: Scale with business needs and leverage enterprise-grade features, including complicated compensation features, workflows, auto-schedulers, high-end reporting features, perfectly configurable dashboards, top-notch security and solid audit logs. 
  • Intuitive UX: Encourage fast user adoption on mobile devices, at office or through intuitive user interface. Leverage easily readable and configurable dashboards to display each salesperson's quota attainment, commissions, anything relevant to their roles and leaderboard status graphically. 
  • Native Report Builder: Gather insights and data from the sales comp and take advantage of native report builder to create reports about any aspect of sales comp data. Configure reports on the go and access them from a mobile app, irrespective of the complexity of the plan. 
  • Unlimited Optimization: Get access to sales comp data, including sales, transaction, plan and people data. Eliminate manual processes and avoid errors to gain smooth comp calculations. 
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  • Territory Creation: Create optimized sales territories based on named accounts, industries, product lines, business units and geography. 
  • Data Analysis: Run automated assignments and conduct what-if analysis to optimize territory coverage and boost productivity. 
  • Balance Territories: Balance sales territories and improve planning and decision making with advanced dimensions for account scores and more. 
  • Modify Territories: Simplify territory modification through proposals. Venture into new markets or edit territories depending upon resource factors, market requirements and business changes. 
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Product Ranking

#23

among all
Sales Commission Software

#46

among all
Sales Commission Software

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Analyst Rating Summary

82
94
63
81
100
100
64
86
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Dashboard and Reporting
Territory and Quota Management
Platform Capabilities
Inquiry or Case Management
Dashboard and Reporting
Platform Capabilities
Territory and Quota Management
Inquiry or Case Management
Deal Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Performio
Oracle Sales Performance Management
+ Add Product + Add Product
Collaboration Dashboard And Reporting Deal Management Inquiry Or Case Management Platform Capabilities Territory And Quota Management 63 100 64 85 90 92 81 100 86 92 100 99 0 25 50 75 100
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89%
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88%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

54%
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46%
62%
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38%

User Sentiment Summary

Great User Sentiment 316 reviews
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87%
of users recommend this product

Performio has a 'great' User Satisfaction Rating of 87% when considering 316 user reviews from 1 recognized software review sites.

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4.33 (316)
n/a

Awards

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SelectHub research analysts have evaluated Oracle Sales Performance Management and concluded it deserves the award for the Best Overall Sales Commission Software available today and earns best-in-class honors for Platform Capabilities.

Analysts' Pick Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Intuitive Interface: Users praise Performio for its user-friendly design, making it easy to navigate and manage sales commissions.
Customization Options: The platform offers a high degree of flexibility, allowing businesses to tailor compensation plans to their specific needs and easily adjust as those needs evolve.
Automated Calculations: Performio automates complex commission calculations, eliminating manual errors and saving valuable time.
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Improved Sales Visibility: Gain real-time insights into individual and team performance, identify top performers and areas for improvement.
Enhanced Sales Forecasting: Leverage historical data and machine learning to predict future sales performance with greater accuracy.
Streamlined Sales Processes: Automate manual tasks, simplify workflows, and improve overall sales efficiency.
Increased Sales Motivation: Set clear goals, track progress, and reward achievements to drive sales motivation and engagement.
Data-Driven Decision Making: Make informed decisions based on real-time data and insights, leading to improved sales outcomes.
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Difficult to Use: Some users have reported that the platform is not user-friendly and requires extensive training to use effectively. This can be a major drawback for businesses that need a system that is easy to learn and use.
Limited Customization Options: Performio offers limited customization options, which can be a problem for businesses with unique compensation plans. Users have expressed frustration with the inability to tailor the platform to their specific needs.
Reporting Limitations: Users have mentioned that generating reports in Performio can be cumbersome and time-consuming. The platform's reporting functionality may not be as robust or intuitive as some users would prefer.
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Steep Learning Curve: The platform can be complex and require significant training for users to become proficient.
Customization Challenges: Implementing custom features and integrations can be time-consuming and resource-intensive.
Costly Implementation: The initial cost of licensing and implementation can be high, especially for smaller businesses.
Limited Reporting Flexibility: The built-in reporting tools may not offer the level of flexibility and customization needed by some users.
Integration Issues: Integrating Oracle Sales Performance Management with other systems can be challenging and require technical expertise.
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Performio users highlight its robust commission tracking, automated calculations, and detailed reporting as major strengths. These features streamline the often tedious process of managing sales commissions, freeing up time for sales operations and finance teams. However, some users express concerns about its high price tag and complex user interface, suggesting it might be better suited for larger businesses with dedicated resources. Smaller businesses or those with simpler commission structures might find more affordable options like Spiff or QuotaPath to be a better fit.

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Reviews for Oracle Sales Performance Management (SPM) are mixed, highlighting both its strengths and weaknesses compared to competitors like Salesforce Sales Cloud and Microsoft Dynamics 365 Sales. Users report that SPM excels in providing real-time sales visibility and insights, enabling accurate forecasting through machine learning, and streamlining sales processes. One user commented, "We can now see exactly where our team stands and make adjustments accordingly, which has led to a significant increase in sales." The ability to set clear goals and track progress also motivates and engages sales teams, as another user stated, "The gamification features have made selling more fun and competitive, leading to better results." However, some users find the platform complex and require significant training to master. Additionally, customization and integration capabilities are deemed challenging, with one user complaining, "Implementing custom features took much longer than expected." The cost of licensing and implementation is also a concern for smaller businesses. Users report that SPM's reporting tools lack flexibility compared to competitors, hindering deeper analysis. Integration with other systems can also be problematic, requiring technical expertise. Overall, user reviews indicate that Oracle SPM is a powerful tool with valuable features, but its complexity, customization challenges, and cost may deter some users. Users believe that SPM's strengths lie in its real-time data, forecasting, and process automation, but its reporting limitations and integration issues can hinder its effectiveness. When choosing a sales performance management solution, businesses should carefully weigh the pros and cons of each option based on their specific needs and budget.

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Screenshots

Top Alternatives in Sales Commission Software


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Blitz

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Oracle Sales Performance Management

QCommission

QuotaPath

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Spiff

Varicent

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