Psion Teklogix Deploys Centive's Automated Sales Compensation Management System
Centive Compel to Manage Commissions for Growing Sales Force Across North America
BURLINGTON, Mass., March 14, 2006 - Centive, the leader in on-demand sales compensation management, today announced that Psion Teklogix, - a global provider of solutions that enable enterprises to mobilize their business applications - has selected Centive CompelTM to automate the sales compensation processes for its North American sales force.
"By deploying Compel, we now have the scalability needed to accommodate our growing sales force as well as the real-time visibility into sales performance," said Todd Mooney, controller for Psion Teklogix's Americas group.
Centive Compel automates sales compensation management and provides the accuracy, IT-independence and real-time visibility into sales performance metrics lacking in home-grown and Excel-based sales compensation systems. As an on-demand subscription-based service, Compel is affordable - there is no software or hardware to purchase and maintain - and it is easy to set-up, learn and use. In addition, Compel provides a complete audit trail of all changes made to plans and data as well as the security and process controls needed to support Sarbanes-Oxley compliance initiatives.
Compel features integration with Salesforce.com and other leading CRM systems to enable sales representatives and executives to forecast commission earnings based on pipeline opportunities. Companies are provided with full automation of the sales lifecycle - From Prospect to PaycheckTM - and the ability to leverage sales commission as a strategic tool to drive desired sales behavior and results.
"Centive is helping companies like Psion Teklogix realize their vision to leverage sales compensation as a strategic tool to drive sales performance," said Michael Torto, president and CEO of Centive. "Compel elevates sales compensation to be so much more than just a back-office commission calculation exercise. It puts real-time earnings and attainment data right in front of sales reps to keep them aligned, focused and motivated to achieve specific sales performance targets."
About Psion Teklogix
Psion Teklogix is a global provider of solutions for mobile computing and wireless data collection. The company's fully integrated mobile computing solutions include rugged hardware, secure wireless networks, robust software, professional services, and exceptional support programs. Psion Teklogix is committed to helping its customers reap the benefits of new and emerging technologies, including image capture and RFID. With over three decades of industry experience, Psion Teklogix has customers in more than 80 countries around the world, and over 36 sales and support offices in 17 countries. Psion Teklogix is headquartered in Mississauga, Ontario, with additional corporate offices in America, Europe, and Asia. Psion Teklogix is the operating business of Psion PLC, which is publicly listed in the London Stock Exchange (PON.L). For more information, visit www.psionteklogix.com.
About Centive
Centive, a privately held company headquartered in Burlington, Mass., is the leader in on-demand sales compensation management. Companies use Centive Compel to accurately calculate commissions and bonuses and gain real-time visibility into sales performance metrics. As an on-demand subscription service, Compel is a cost effective solution that allows executives to be strategic and sales reps to stay motivated and focused on selling.
To learn more about Centive, please visit www.centive.com or call 1-877-CENTIVE.
