company
/ SALES TEAM
bonuswise
Commission software to 3x revenue performance
/ AUTOMATE COMMISSIONS
Empower commission managers to automate any commission plan in seconds, and keep sales representatives productive by sharing transparency into commission earnings.
AUTOMATE BONUS CALCULATIONS
/BonusWise automates calculations and enables plan verification, discrepancy flagging, and scheduling payments.
Eliminate debate on payments by detailed deal views.
78%
of Sales representatives believe they’re not properly compensated.
Why?
Many compensation plans overwhelm employees with unnecessary complexity, making it hard to understand their earnings. Companies need a system that’s simple, fair, and easy to follow, where progress and commissions are always clear and accessible.
DATA DRIVEN INSIGHTS FOR EVERYONE
HOW DOES IT WORK
Create company structure
Build an organizational structure that mirrors your actual company hierarchy. Define roles and reporting lines, ensuring clear accountability and a streamlined decision-making process. This setup supports both operational efficiency and effective communication across all levels of your organization.
CREATE PRODUCT RANGE
Categorize your products with precision, organizing them by product groups, categories, and individual items. This detailed product breakdown allows you to have an accurate overview of every product category, containing each single product that belongs to it.
SET PRODUCT ATTRIBUTES
Customize and assign detailed attributes such as specifications, descriptions, and other key features to each product group, category, or model. Assigning attributes to each product allows you to set targets for different product groups, all the way down to the specific model, and easier integration into sales and reporting systems.
SET KPIs
Define clear and personalized sales targets by setting KPIs for products, specifying required units or monetary amounts sold. Tailor these targets to specific teams or individual salespeople by using formulas and specific requirements for every part of the target, and track progress in real-time.
TRACK RESULTS
Leverage real-time data and analytics to continuously monitor performance and refine your compensation plans. You can identify trends, optimize commission structures, and make informed adjustments to your sales strategy - ensuring both fair compensation and improved overall performance.
Quit relying on costly consultants for every minor plan update. Self-administer, model, and track any type of commission plan from start to finish.
STRATEGIC GROWTH DRIVER
Transform your largest sales expense into a revenue driver.
KEY BENEFITS OF BONUSWISE
Drive Strategic Decisions with Enhanced Visibility
/ BonusWise provides real-time insights into sales performance and compensation trends, empowering decision-makers to make data-driven choices that align with growth strategies.
Boost Accountability and Performance Tracking
/ Establish clear metrics with BonusWise, enabling sales reps to monitor their progress in real time and stay motivated to meet and exceed their KPIs, all while errors in bonus calculation are reduced.
Streamline Administration and Save Time
/ Easily implement and adapt targets through BonusWise’s intuitive admin panel. Save time on setting targets and calculating bonuses, allowing your team to focus on strategic growth.
Enhance Retention Through Trust and Flexibility
/ BonusWise fosters a culture of trust with clear commission breakdowns, improving employee retention. Its flexibility allows companies to easily set and adjust plans to fit their specific needs, eliminating uncertainty around compensation.
