Callidus Monaco Suite Ups Ante for SPM Applications
SAN JOSE, CA–(Marketwire - April 29, 2009) - Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today launched the Callidus Monaco Suite: a robust, SaaS offering that delivers the most modern-looking and rich user interface experience available in the sales performance management marketplace today. The Callidus Monaco Suite is the only unified SPM software solution that provides complete alignment of the entire business with corporate objectives to optimize performance, streamline profitability and deliver a rapid ROI. The innovative offering reinforces Callidus’ lead role in the development of ground-breaking solutions that set the pace in the booming SPM arena, while further expanding its Pervasive Performance Management portfolio.
“Callidus unveiled a beautiful new user interface today. It’s clean and succinct but powerful with many layers of detail,” said Denis Pombriant, founder and managing principal at Beagle Research. “Users should be delighted with this new capability to get at sales compensation data quickly from a single screen.”
The Monaco Suite is Callidus Software’s market-leading, multi-tenant SPM offering and is available through Callidus On-Demand. The web-based solution streamlines:
“Issues around system usability and accessibility to essential data are increasingly being raised by companies pursuing SPM product evaluations and upgrades,” says Michael Dunne, research vice president at Gartner. “They are interested in helping business users become more self-reliant in taking advantage of application features to promote individual productivity and decrease requirements for training and IT support. Embracing interface design principles popularized by consumer Web sites is viewed as one avenue for accomplishing this, even with relatively sophisticated functions, like defining, managing, and updating plans, or delivering dashboards and reports that materially increase visibility into performance and cost trends.”
The Monaco Suite delivers all the power of a desktop application via a browser. It is easy to use and encompasses full, interactive web standards plus state-of-the-art Adobe Flash technology.
“The Monaco release is a major achievement for Callidus Software and its customers. It combines high performance, industry-leading functionality and usability,” says Leslie Stretch, president and CEO at Callidus Software. “Callidus Monaco leapfrogs all of our competitors and addresses the needs of all key market segments. The software extends our product leadership, is simple to use and implement and easy to acquire.”
With the added element of self-service capabilities, Monaco empowers the non-administrative user to make sound business decisions and adapt the solution to their specific needs. The suite’s global homepage provides striking, interactive analytical dashboards, a universal work queue and self-guided information that is most relevant to the desired actions, including the ability to:
– Establish and distribute objectives throughout organizations
– Set and distribute quota targets
– Distribute and approve compensation plans
The Monaco Suite is the most revolutionary SPM offering ever developed by Callidus. It provides the user with an end-to-end application for improving sales and employee effectiveness through the alignment of each individual’s objectives with corporate strategy. It combines proven SPM functionality that today powers the performance of more than 1.9 million sales people with goal and objective management functionality designed for the rest of the business. Until now, organizations were forced to use different systems across the enterprise for everything from appraisals and bonuses to sales force compensation, which made the task of coordinating corporate strategies complex. With the Callidus Monaco Suite, the ability to coordinate and set effective incentive programs across an entire business is seamless, thus generating quick ROI and driving revenue.
About Callidus Software®
Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Performance-based compensation is one of the largest investments for all companies. Callidus’ customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning Software-as-a-Service (SaaS) applications set the standard for pervasive performance management across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.
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