PLEASANTON, CA -- (Marketwire) -- 07/31/12 -- Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that a major telecommunications company in Russia has selected CallidusCloud's Commissions solution to manage commissions across its internal and external sales channels. The agreement was signed in the second quarter of 2012.
"Telecommunications companies need a flexible commissions system that can scale to meet the large volumes required, whilst offering the agility necessary for this fast paced industry," said Jimmy Duan, Senior Vice President, International Sales, CallidusCloud. "CallidusCloud's solution replaces manual processes and automates many functions other vendors perform through expensive service offerings, delivering unrivaled capability and performance for companies of all sizes. EMEA is a large strategic market for SPM and Commissions in the telecommunications industry, and Russia, in particular, represents a high growth market. We are pleased to welcome this new customer to the largest SPM community in the industry, where they will join over 55 of their peers across the globe."
CallidusCloud's Commissions solution enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings whilst sales teams enjoy faster, more accurate and more transparent commission payments.
The Commissions solution is delivered as part of CallidusCloud's sales and marketing suite, a SaaS suite that is designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness throughout the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following SaaS and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and enterprise gamification.
About Callidus Software
Callidus Software Inc. (NASDAQ: CALD) is the market and technology leader in sales effectiveness and cloud computing. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit www.calliduscloud.com.
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