90X
faster calculations of sales Incentives
200+
hours saved by admin teams every month
80%
reduction in incentive-related queries
Unlock 2024 Sales Comp Secrets: Our "Ultimate Guide to Sales Compensation" is here!Unlock 2024 Sales Comp Secrets: Our "Ultimate Guide to Sales Compensation" is here!Download Guide
ICM
Take control of your Incentives
Experience the freedom to customize and optimize your incentive structures, ensuring they align seamlessly with your business objectives.
Simplify Incentive Administration
Kennect transforms the way you handle incentives, offering a seamless, automated solution that streamlines your process end-to-end.
Dynamic Integrations for Real-Time Access to Data
Kennect provides real-time access to your data. Integrate smoothly with your existing CRM, ERP, HRIS, and other data systems.
Ensures that your data is always updated, accurate, and easily accessible
Advanced Data Management Made Simple
With Kennect, complex data processing is a thing of the past.
Import vast data sets. Clean and adjust data. Merge various sources effortlessly. A user-friendly, no-code interface.
Unified Data Repository
Kennect serves as the definitive source for all your data, including employee details, quotas, and rates.
Our system streamlines data validation and updates. Making plan management more efficient and less prone to error.
Adapt Quickly to Business Evolution
Stay agile with Kennect’s intuitive platform.
Quickly modify compensation plans to align with your evolving business needs. Ensure your strategies are always current and competitive.
Intuitive No-Code Plan Customization
Modify your compensation plans with ease using our spreadsheet-like interface, built upon our robust, cloud-based infrastructure. Kennect offers the ideal blend of flexibility, user-friendliness, and scalability.
Design Tailored Incentive Plans
Break free from the constraints of standard templates. Kennect’s versatile platform lets you construct the ideal incentive plans for your business, utilizing our sophisticated logic-based modeling.
Real-Time Performance at Your Fingertips
Our cutting-edge calculation engine delivers real-time results, ensuring that your team always has the most updated commission information for efficient auditing, analysis, and transparency.
Streamline Your Workflows
Kennect cuts through the complexity of daily administration, offering streamlined, automated workflows for all your incentive management needs
Automated Approvals & Dispute Resolution
Keep your processes flowing smoothly with automated, multi-level approvals and notifications. Resolve disputes quickly and maintain a comprehensive audit trail of all adjustments.
Efficient Document Handling
Automatically generate, distribute, and track compensation plan documents. Reduce errors, disputes, and risks associated with manual document management.
Comprehensive Payee Lifecycle Management
Automate the management of your sales roster throughout the lifecycle of your reps, from onboarding to departures and internal movements, reducing manual overhead and mitigating risks.
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Ensure Compliance with Ease
Kennect eases the burden of compliance, equipped with tools designed in collaboration with accounting experts
Automated Reporting for Key Standards
Easily comply with ASC 340/606, IFRS 15, and other accounting standards. Kennect allows you to model complex amortization schedules and perform detailed waterfall calculations, saving time and reducing complexity.
Detailed Audit Trails
Maintain compliance with detailed, exportable audit logs that record every action within Kennect, ensuring transparency and accountability.
Robust Access Controls
With role-based access controls, Kennect ensures that sensitive commission data is accessed only by authorized personnel, providing peace of mind and security in your compensation calculations.
What
thinks
Abhijit More
Head of Data Management, MIS & SFA
I am glad that we chose to do a pilot with Kennect and then went live for all 20 teams. After a year of using just the automation part, we now also seamlessly provide real-time incentive visibility to every sales rep
Security and Compliance
Stay agile with Kennect’s intuitive platform. Quickly modify compensation plans to align with your evolving business needs, ensuring your strategies are always current and competitive.
Risk Mitigation and Compliance
Mitigate risks associated with non-compliance and potential legal issues using our ready to use reports in standard audit formats.
Enhanced Sales Security
Secure sales processes and maintain compliance with global and region-specific regulatory, financial, and security standards.
Financial integrity and transparency
Ensure sales and commission processes are compliant with ASC 606 and other policies
With Kennect,
everyone wins!
Our platform brings a wave of transformative benefits to various teams within your company.
Learn More About what kennect can do
Robust Integrations
Operational Efficiency with Powerful Integrations
With our robust integrations, swift go-live capability, minimal IT dependency, and secure SSO access, we are setting a new standard for operational excellence.
AI-Powered Nudges
AI-Powered Nudges for Increased Sales Performance
Transform your sales strategy with Kennect’s AI-powered Nudges. Timely insights, personalized nudges, and seamless integration across platforms to empower your sales team and exceed their targets
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Query Management
Unified Query Lifecycle Management
Kennect ensures that your query lifecycle is managed seamlessly on a single platform, with complete audit trails for accountability. Move away from the chaos of endless email chains. Choose a structured and process-oriented system where every query finds its resolution swiftly and efficiently.
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ELT And Calculation Engine
High-Speed Processing and Calculations
Our ELT and Calculation Engine is designed to handle millions of calculations in minutes. With Kennect, complex plan creation becomes straightforward, and adjustments and plan changes are seamless.
All without a single line of code.
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Explore latest trends.
Dive into our collection of resources and blogs. Stay up-to-date with industry insights.
8 Sales Forecasting Methods Every Business Should Explore
Blog —
November 19, 2024
How to Spot and Manage Sales Personality Types
Blog —
November 19, 2024
Pay Mix Explained: Find the Right Balance in Your Sales Compensation Strategy
Blog —
November 13, 2024
FAQs
How Does Kennect's Sales Incentive Compensation Management Software Help Businesses?
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Kennect’s ICM solution helps you break the silos of legacy systems by collecting your data from multiple sources (spreadsheets or any other homegrown systems) and streamlining it into a single source of information. This macroscopic viewpoint makes your data usable, helping you make better business decisions. With all the relevant data in one place, sales managers can proceed to analyze it more deeply and give holistic insights.
How Does Kennect Help Businesses to Optimize their Incentive Compensation Plans?
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With Kennect’s ICM solution, enterprises can use these features to take complete control of their comp plans -
1. Intuitive & no-code plan builder that allows you to save up to 80% of the time that goes into building complex plans.
2. Industry-first Commission Simulator that reps can use to plan their earnings by simulating their sales data and achieve real-time visibility.
3. Kennect supports 100+ integrations to bring you to speed in no time.
4. Interactive leaderboard that is easy to use and understand.
5. Intelligent nudges based on sales compensation enable your employees to stay motivated & keep pushing their limits.
1. Intuitive & no-code plan builder that allows you to save up to 80% of the time that goes into building complex plans.
2. Industry-first Commission Simulator that reps can use to plan their earnings by simulating their sales data and achieve real-time visibility.
3. Kennect supports 100+ integrations to bring you to speed in no time.
4. Interactive leaderboard that is easy to use and understand.
5. Intelligent nudges based on sales compensation enable your employees to stay motivated & keep pushing their limits.
How Much Does Kennect’s Sales Incentive Compensation Management Software Cost?
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Kennect provides pricing options based entirely on the solutions your business requires, with the best-in-class support you deserve. Visit our pricing page to know more!
How Does Kennect's Incentive Compensation Management Software Work?
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Kennect’s fully automated ICM solution leverages a data-driven approach to build, run and automate your incentive compensation plans to create transparency and achieve operational efficiency. Kennect helps you break the silos of your comp system by seamlessly integrating across CRM, ERP and HRIS.
How Do You Select The Best Incentive Compensation Management Software?
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If your organization uses spreadsheets or a homegrown system, ask yourself these questions to make sure that the solution you choose is really automated and future-ready-
1. Is your solution built for integrations across CRM, ERP and HRIS?
2. Is your solution capable of change? Is your Incentive Compensation solution capable of incorporating changing business needs or does it break like most legacy systems would?
3. Is it easy for your sales leaders and reps to interact with your solution?
4. Can your solution incorporate incentives like bonuses, spiffs, and MBOs?
1. Is your solution built for integrations across CRM, ERP and HRIS?
2. Is your solution capable of change? Is your Incentive Compensation solution capable of incorporating changing business needs or does it break like most legacy systems would?
3. Is it easy for your sales leaders and reps to interact with your solution?
4. Can your solution incorporate incentives like bonuses, spiffs, and MBOs?
Address
Kennect
224 W 35th St 500 820
New York , NY 10001
(415) 799-4494
224 W 35th St 500 820
New York , NY 10001
(415) 799-4494
Contact
Phone : (415) 799-4494
Email : info@kennect.io
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