In difficult trading conditions, where most software solutions providers continue to struggle, Butler Group recognises the key business benefits that can be achieved by deploying the Callidus TrueComp software solution.
Bracknell, Berkshire UK, June 10, 2003 - Callidus Software, the industry expert in Enterprise Incentive Management (EIM) solutions for enterprise customers, has been recognised by Butler Group, Europe’s leading IT analyst group, as a major contributor to business success for its customers. In today’s difficult trading conditions, achieving a rapid Return on Investment (ROI) almost ranks alongside systems quality as one of the top requirements when end-user organisations make technology purchasing decisions.
The Callidus Software Solution delivers extended Enterprise Incentive Management (EIM) capabilities that enable organisations to automate and manage compensation payments made to employees, business partners and any other third party that has a need to be rewarded for services rendered.
Andy Kellett, Senior Analyst at Butler Group comments, “As the nature of the relationships between companies and their service providers becomes more complex, there is a growing need to have in place systems that are not only capable of calculating the value of compensation payments, but are also able to be used to prove that the values calculated stack up. The value of the Callidus Software Solution can be measured from the accuracy with which it delivers information, and also from its dual ROI proposition that has been built around its ability to deliver automation and time saving capabilities.”
Over the last year the Callidus TrueComp suite has moved on from being almost entirely a reactive solution, to one where business modelling can be undertaken and projections calculated thus enabling business decisions to be made from a position of strength. As a result its market visibility has also grown. Last year its main customer base was industrial organisations, but now the value of its TrueComp solution is being recognised by larger enterprise organisations in the communications, banking and insurance sectors.
David Blume, UK General Manager of Callidus Software, confirms this, saying “The level of additional interest we are now seeing from major corporations throughout Europe, very much reflects what Butler Group have recognised. The home-grown solutions which most companies rely on to calculate compensation are limited and cannot provide the scalable, dynamic responses to a company’s business requirements. The ability to model scenarios, integrate and validate data from applications across the enterprise and analyse progress against business objectives, provides companies with key opportunities to align business processes with overall corporate goals. Without this ability, companies cannot see a full picture of what is or is not being achieved on the bottom line. This inevitably affects profits”
About Callidus Software
Callidus Software, founded in 1996, is privately backed by Crescendo Ventures, Crosspoint Venture Partners, Invesco Private Capital, ONSET Ventures, and Goldman Sachs Group. Customers/Partners include Airborne Express, Inc., The Alexander Group, British Sky Broadcasting, CUNA Mutual, DIRECTV, Dun & Bradstreet, Electronic Data Systems Corporation, IBM, Juniper Networks, Inc., Novell, Accenture LTD., AOL Time Warner Corporation, Pennzoil-Quaker State Company, Sun Microsystems, Telstra, US Bancorp and VERITAS, Inc.
© 1998-2003 by Callidus Software, Inc. Callidus Software, the Callidus Software logo and TrueComp are registered trademarks and TrueComp Manager, rueComp Modeler, TrueComp Viewer, TrueChannel, TruePerformance, TrueIntegration, TrueDiagnostics, TrueAnalytics, TrueService, TrueSupport, TruePortal, and Everyone Profits are trademarks of Callidus Software, Inc. in the United States and other countries. Other trademarks are the property of their respective holders.
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