Varicent vs Core Commissions

Last Updated:

Our analysts compared Varicent vs Core Commissions 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.

Core Commissions Software Tool

Product Basics

Varicent is a software provider that helps industries boost productivity and workforce motivation through incentives and sales performance management. It has an experienced team and preeminent partners that enable organizations to improve performance and drive profitability. The company mainly offers two resources — Diversity and Gender pay apps and a scholarship program called E.D.G.E.

It provides automating calculations, analyzing incentive compensation plans, managing sales territory assignments, accessing real-time performance dashboards, handling transaction inquiries, establishing a workflow for collaboration and making evidence-based decisions. The offerings are also categorized based on the need, role and services for ease of access.
read more...
Core Commissions is a flexible commission management system that allows users to automate complex sales commissions and compensation plans. The vendor offers a building block method for users to construct and customize commission programs. It allows companies to take full control of commission management while generating robust reports and analytics without additional charges.

The vendor also offers a managed services program that eliminates the need for a commission manager, and a quick start program streamlines implementation and gets the team started quickly.
read more...
$56/User, Monthly
Get a free price quote
Tailored to your specific needs
$12/Payee, Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Automate Calculations: Configure and schedule data imports to access transactions, products, customers and other data whenever needed. Schedule automated calculations to keep dashboards and reports updated and provide visibility to the sales team. Save money by reducing or eliminating under and overpayments. 
  • Streamline Sales Operations: Assign sales team quotas and optimally allocate the financial objectives to all sales channels and resources using the quota program. Effectively allot and communicate job expectations, planning and monitoring for better workflow and increased productivity. Plan and review payment actions and enforce policies around crediting eligibility. 
  • Identify Opportunities: Align corporate goals with sales methodologies and ensure sales efficiency. Predict future sales and direct the team accurately to meet the required quotas. Stay ahead of the competitors by discovering new opportunities via data recovery and augmented intelligence. 
  • Analyze Compensation Plans: Highlight and avoid abnormal results by tracking the outliers in the sales incentive compensation plans. View reports and compare the corporate strategy with the payout plan measures to ensure efficiency. Create model scenarios and check their effect on sales performance and payouts. 
  • Manage Sales Assignments: Manage sales assignments and quota targets by rep, account, product, geographic location or any other attribute. Create territory crediting rules to credit the right people and encourage fairness at work. Avoid missing market opportunities by identifying and realigning sales territory coverage gaps. 
  • Establish Workflows: Configure simple or complex workflows and routing processes. Automate payout calculations and quota relief to follow a routing process that requires review and approval by sales and finance leaders. Communicate compensation plans properly via a multi-level workflow and routing process. 
  • Track and Monitor Sales Performance: Manage all end-to-end processes using the integrated platform. Plan territories and quotas, improve revenue operations and pay sellers on time using the SPM solutions suite. 
read more...
  • Build Complex Rules: Build and manage complex commission rules. Leverage the building block method to automatically chart each step of the process flow. View the sequence of calculations as they happen and review results from each step of a complex commission calculation. Verify results and explain calculations to others. 
  • Generate Robust Reports: Generate any type of report and get access to a web-reporting module. Access a library of customizable reports and design in-depth, easy-to-navigate dashboards. 
  • Automate Commission Calculations: Automate commission calculation processes, including importing data from multiple sources, converting reports in multiple formats, applying complex rules criteria, building individualized and executive reports, accessing metrics and analytics, and integrating commissions with CRM, ERP and other financial applications. 
  • Sync With Other Applications: Leverage the connector module to sync with other business applications such as CRM, ERP, accounting and more.  
read more...
  • Revenue Intelligence: Leverage revenue insights from marketing sources to improve forecasting accuracy and sales pipeline management. 
  • Real-Time Performance Dashboards: Create reports and dashboards for monitoring KPIs and staying consistent with business goals and objectives. Explore data patterns using augmented intelligence and get access to hidden insights and opportunities. 
  • Territory and Quota Planning: Assign and manage territory assignments and quota targets based on accounts, products, location or other attributes to minimize coverage gaps. 
  • Symon.ai: Enhance sales performance management with AI using symon.ai. Eliminate the need for data scientists by implementing flexible machine learning. 
  • Integrations: Integrate with other solutions to centralize data and align business processes. Connect to systems like CRM, HRIS, BI and more. Extract, transform and load data from other enterprise solutions using the Data Import Wizard. Save time and eliminate data entry errors by scheduling and automating data imports from external systems. 
  • Compensation Administration: Optimize incentive payout plans aligned with corporate strategies and objectives to motivate the sales team. 
  • Augmented Intelligence: Leverage artificial intelligence and natural language processing to automate responses to salesperson questions. Guide salespeople to their plan agreements and avoid confusion. Check the model regularly to prevent inaccurate compensation for specific sales transactions. 
read more...
  • Quick Start: Purchase Quick Start and get assigned an implementer to help with onboarding and implementation. 
  • Automated Auditing: Eliminate calculation and plan errors using automated auditing. 
  • Report and Dashboard Designer: Design robust reports and dashboards from scratch or customize pre-existing templates. 
  • Bulk Email Report Distribution: Send reports and updates in bulk emails to the team and keep the members updated.  
  • Drag-and-Drop Analytics: Build analytics modules with easy-to-use, drag-and-drop tools and export data in multiple formats. 
  • Dispute Management: Manage and resolve disputes and promote a healthy work environment. 
read more...

Product Ranking

#22

among all
Sales Commission Software

#39

among all
Sales Commission Software

Find out who the leaders are

Analyst Rating Summary

83
79
81
56
100
100
97
64
Show More Show More
Dashboard and Reporting
Inquiry or Case Management
Territory and Quota Management
Deal Management
Dashboard and Reporting
Territory and Quota Management
Inquiry or Case Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Varicent
Core Commissions
+ Add Product + Add Product
Collaboration Dashboard And Reporting Deal Management Inquiry Or Case Management Platform Capabilities Territory And Quota Management 81 100 97 100 79 99 56 100 64 92 75 99 0 25 50 75 100
83%
0%
17%
50%
0%
50%
100%
0%
0%
100%
0%
0%
100%
0%
0%
40%
0%
60%
100%
0%
0%
80%
0%
20%
78%
0%
22%
72%
0%
28%
100%
0%
0%
100%
0%
0%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

38%
0%
62%
46%
0%
54%

User Sentiment Summary

Great User Sentiment 276 reviews
we're gathering data
89%
of users recommend this product

Varicent has a 'great' User Satisfaction Rating of 89% when considering 276 user reviews from 3 recognized software review sites.

we're gathering data
4.5 (120)
n/a
4.5 (64)
n/a
4.4 (92)
n/a

Awards

SelectHub research analysts have evaluated Varicent and concluded it earns best-in-class honors for Inquiry or Case Management.

Inquiry or Case Management Award

we're gathering data

Synopsis of User Ratings and Reviews

Flexible and Customizable: Users appreciate that Varicent can be tailored to their organization's specific compensation processes, such as bonus calculations or merit increases.
User-Friendly Interface: Many users find the system easy to navigate and use, even for those who are not tech-savvy.
Improved Efficiency: Varicent automates many compensation-related tasks, which saves time and reduces errors.
Data Insights: The platform provides robust reporting and analytics features that help organizations make informed compensation decisions.
Show more
Automated Calculations: Users highlight the software's ability to automatically calculate commissions, eliminating manual work and reducing errors.
Real-Time Tracking: The real-time tracking feature allows for immediate insight into sales performance and commission earnings, which is valuable for both managers and sales representatives.
Customizable Plans: Users appreciate the flexibility to tailor commission plans to their specific needs, accommodating various commission structures and incentive programs.
Show more
Difficult to Use: Users have reported that Varicent can be difficult to use, especially for those who are not familiar with compensation management software. Some have found the interface to be clunky and unintuitive.
Limited Reporting Capabilities: Some users have expressed frustration with Varicent's reporting capabilities, finding them to be limited and inflexible. They've noted difficulty in creating custom reports or extracting specific data points.
Poor Customer Support: Several users have reported issues with Varicent's customer support. They've described slow response times and a lack of helpfulness in resolving technical issues.
Show more
Difficult to Use: Users have reported the platform is not user-friendly and requires a steep learning curve to effectively utilize its features.
Limited Integrations: A common complaint is the software's lack of integrations with other popular business tools, creating data silos and manual workarounds.
Reporting Limitations: Users express frustration with the limited reporting capabilities, making it difficult to gain comprehensive insights into sales performance and commission tracking.
Show more

Is Varicent a variable you should consider for your compensation management needs? Recent user reviews suggest that while Varicent offers a comprehensive suite of features, it may not be the perfect fit for every organization. Users praise its robust customization options, allowing for tailoring to specific organizational needs, which is particularly beneficial for companies with complex compensation structures. However, some users find the interface less intuitive than competitors like Lattice, requiring more time for training and adoption. A key differentiator is Varicent's focus on sales performance management, with features like "clawback" calculations and pipeline-based earning projections, making it ideal for businesses with sales-driven compensation models. Ultimately, Varicent is best suited for larger enterprises with intricate compensation plans, particularly those heavily reliant on sales performance. Its strength lies in its ability to handle complex calculations and provide granular insights into sales compensation. However, organizations prioritizing user-friendliness and a more streamlined interface might find other solutions more appealing.

Show more

Is Core Commissions the core of a winning sales strategy? Users praise Core Commissions for its user-friendly design, flexible features, and affordability, making it a popular choice for businesses of all sizes. They highlight its intuitive rule-building engine and auditing capabilities as standout features, enabling them to automate complex commission structures and ensure accurate payouts. This has reportedly led to significant time savings and a reduction in errors, freeing up administrative resources. However, some users have pointed out that the reporting functionality, while customizable, could be more robust and offer greater depth of analysis. Others have mentioned that the customer support, while generally helpful, can sometimes be slow to respond. Despite these minor drawbacks, users generally agree that Core Commissions offers a strong value proposition, particularly for businesses seeking a cost-effective solution to streamline their commission processes. Its ease of use and flexibility make it suitable for businesses with varying levels of commission complexity, from simple to highly intricate structures.

Show more

Screenshots

Top Alternatives in Sales Commission Software


Anaplan

Blitz

CaptivateIQ

Commissionly

Core Commissions

Iconixx

Nice SPM

Oracle Sales Performance Management

Performio

QCommission

QuotaPath

Sales Cookie

SAP Commissions

Spiff

Xactly Incent

Related Categories

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings