Performio vs Xactly Incent

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Our analysts compared Performio vs Xactly Incent 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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Xactly Incent is a revenue intelligence system that helps organizations plan and organise their revenue operations. It helps capture and track critical data to avoid errors and forecast inaccuracy. It has acquired TopOPPs and set a standard for artificial intelligence. It helps users take control of their data. It works in collaboration with Vista Equity partners for growth and innovation.

Its offerings are based on industry, needs and business size. It also offers strategic sales planning and revenue performance analytics besides incentives management.
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$50/User, Monthly
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$60/User, Monthly
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Product Assistance

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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 Accuracy: Automates complex compensation calculations, reducing the risk of human error and ensuring precise payouts.
  • Enhanced Transparency: Provides clear visibility into compensation plans and performance metrics, fostering trust and motivation among employees.
  • Improved Compliance: Ensures adherence to regulatory requirements and internal policies, minimizing the risk of legal issues and fines.
  • Boosted Productivity: Streamlines administrative tasks, allowing sales and finance teams to focus on strategic activities rather than manual data entry.
  • Data-Driven Insights: Offers robust analytics and reporting tools to identify trends, optimize compensation plans, and drive better business decisions.
  • Scalability: Adapts to the growing needs of your organization, whether you are a small business or a large enterprise, without compromising performance.
  • Enhanced Employee Motivation: Aligns compensation with performance, incentivizing employees to achieve their targets and contribute to company goals.
  • Cost Efficiency: Reduces administrative overhead and errors, leading to significant cost savings over time.
  • Customizable Plans: Allows for the creation of tailored compensation plans that meet the unique needs of different roles and departments.
  • Real-Time Updates: Provides instant updates on performance and compensation, enabling timely adjustments and informed decision-making.
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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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  • Automated: Integrate with other systems as needed and automate processes to be time-efficient and avoid errors. 
  • Collaborative: Improve collaboration between different operational teams, including sales ops, accounting and finance via an integrated solution for managing compensation and commission expenses. 
  • Decision-Making: Make informed decisions and align plans with business objectives based on in-depth data insights. 
  • Continuous Updates: Proactively monitor and continuously update the sales compensation plan to match with business needs. 
  • SimplyComp: Leverage the incentive management system for growing companies to implement commission and payout plans using industry best practices and templates. 
    • Scalable: Process large amounts of data in a single run to boost productivity. 
    • Spreadsheet Like: Use just like Excel spreadsheets for inputting data. 
    • Built-In Payment Templates: Leverage templates to create payment plans and reduce the time spent on them. 
    • Globalized: Work with currencies from across the world in SimplyComp that supports multiple languages, including English, French, German, Spanish and Italian. 
  • Commission Expense Accounting: Leverage the complete expense management system for the following: 
    • Dynamic True-Ups: Automate data updates whenever changes affect contract adjustment, employee status and more. Trigger automatic impairments for any changes such as start and end dates or the benefit period. 
    • Expansive Reporting Library: Leverage pre-built, automated reports and dashboards to gain a holistic view of commission expenses. 
    • Integrated Workflow and Process Management: Integrate with the existing infrastructure, including CRM, HRIS, CLM and CPQ systems. Manage any number of accounting books and interoperate with downstream accounting ledgers. 
    • Full and Modified Retrospective Approaches: Leverage the end-to-end solution to automate compliances. 
  • Operational Sales Management: Execute sales plans effectively and streamline processes by proactively monitoring people, territories, quotas and credits. Enable smooth collaboration across different departments and manage multiple workflows. Integrate with existing CRM and other enterprise applications to transfer and exchange data. Plan for revenue growth on an account-by-account basis. Develop and deploy top-down, bottom-up, hybrid and overlay planning. 
  • Benchmarking: Compare team performance with company and industry-wide metrics. Include incentive programs to boost performance. Leverage aggregated data and compare elements to identify trends such as role tenure and region. 
  • Sales Planning: Leverage the necessary tools required to plan out strategies. Access real-time dynamic dashboards for continuous optimizations of sales plans. Use AI to enhance decision-making and predict key metrics. 
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Product Ranking

#23

among all
Sales Commission Software

#33

among all
Sales Commission Software

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Analyst Rating Summary

82
92
63
88
100
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86
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Dashboard and Reporting
Territory and Quota Management
Platform Capabilities
Inquiry or Case Management
Dashboard and Reporting
Territory and Quota Management
Inquiry or Case Management
Collaboration
Integration and extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Performio
Xactly Incent
+ 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 88 100 86 92 83 100 0 25 50 75 100
67%
0%
33%
67%
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33%
100%
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100%
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40%
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60%
80%
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20%
80%
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80%
0%
20%
89%
0%
11%
83%
0%
17%
88%
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12%
100%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

54%
0%
46%
85%
0%
15%

User Sentiment Summary

Great User Sentiment 316 reviews
Great User Sentiment 914 reviews
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.

85%
of users recommend this product

Xactly Incent has a 'great' User Satisfaction Rating of 85% when considering 914 user reviews from 4 recognized software review sites.

n/a
4.2 (215)
4.33 (316)
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4.2 (232)
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4.5 (185)
n/a
4.1 (282)

Awards

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SelectHub research analysts have evaluated Xactly Incent and concluded it earns best-in-class honors for Territory and Quota Management.

Territory and Quota Management 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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Intuitive Incentive Compensation Management: Users praise Xactly Incent for its user-friendly interface, which simplifies complex compensation plan design and administration. They appreciate the platform's ability to automate calculations, track performance, and generate detailed reports, streamlining the entire incentive compensation process.
Improved Data Accuracy and Transparency: Xactly Incent's centralized data management capabilities minimize errors and ensure data consistency. Users highlight the platform's ability to provide real-time visibility into compensation data, fostering trust and transparency between sales representatives and management.
Enhanced Sales Performance Motivation: Users report that Xactly Incent helps motivate sales teams by providing clear performance targets and timely, accurate payouts. The platform's gamification features, such as leaderboards and badges, further incentivize sales representatives to exceed their goals.
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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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Difficult to Use: Some users find the platform difficult to navigate and use, especially when trying to perform complex tasks or generate reports.
Limited Customization: Users have reported limited options for customizing the platform to their specific needs, which can be frustrating for businesses with unique compensation plans.
Technical Issues: Some users have experienced technical issues with the platform, such as slow loading times, system errors, and integration problems.
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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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Are you looking for a compensation management solution that will make you say "eXactly!"? Xactly Incent has garnered a reputation for its user-friendly interface and robust features, particularly its strength in handling complex commission structures. Users praise its ability to automate calculations, track performance, and generate detailed reports, freeing up valuable time for strategic tasks. This granular control and transparency are highly valued, as they empower businesses to make data-driven decisions and ensure fair compensation practices. However, some users have pointed out that the software's learning curve can be steep, especially for those unfamiliar with compensation management concepts. Additionally, while integrations with popular CRM platforms like Salesforce are available, some users have expressed a desire for broader third-party integrations. Xactly Incent's focus on incentive compensation makes it a perfect fit for businesses with sales-driven cultures, particularly those with complex commission structures. Its ability to accurately calculate and track incentives, coupled with its insightful reporting capabilities, allows businesses to effectively motivate their sales teams and drive revenue growth. However, businesses with simpler compensation needs or those prioritizing extensive third-party integrations might find other solutions more suitable.

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