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Sales Performance Management solutions from SAP SuccessFactors vs. Varicent

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Sales Performance Management solutions from SAP SuccessFactors

    Score9.1 out of 10
    N/AFor salespeople, tools to accelerate business outcomes with sales planning, automated sales management processes, incentive compensation management, and the ability to analyze sales performance at scale.

    $744

    per year

    Varicent

    Score8 out of 10
    N/AFrom quotas to sales and compensation, Varicent helps revenue leaders in enterprise organizations chart a more effective, connected path to revenue by providing vital data, insights, and sales go-to-market planning tools.N/A
    Pricing
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Considered Both Products
    SAP
    Chose Sales Performance Management solutions from SAP SuccessFactors
    Sales Performance Management solutions from SAP SuccessFactors has the best solution when analizing robustness, and, of course, the biggest number of customers. Integration and analytics capabilities should be opportunitiy areas.
    Incentivized
    Varicent
    Chose Varicent
    • Create internal/operational efficiencies
    • Enhance decision making
    • Drive innovation
    Incentivized
    Chose Varicent
    Varicent was pre-selected before I joined the organization.
    Incentivized
    Chose Varicent
    Out of all of the products I have ever evaluated for this space, Varicent is head and shoulders above the rest in my opinion. For me, I think of Varicent as akin to building an Access database while the other programs are like building an Excel data model. In Varicent you …
    Incentivized
    Key User Insights
    Would buy again
    96%
    Would buy again
    45 Answers
    92%
    Would buy again
    35 Answers
    Delivers good value for the price
    95%
    Delivers good value for the price
    35 Answers
    97%
    Delivers good value for the price
    31 Answers
    Happy with the feature set
    96%
    Happy with the feature set
    45 Answers
    95%
    Happy with the feature set
    36 Answers
    Lived up to sales and marketing promises
    78%
    Lived up to sales and marketing promises
    25 Answers
    77%
    Lived up to sales and marketing promises
    20 Answers
    Implementation went as expected
    79%
    Implementation went as expected
    34 Answers
    81%
    Implementation went as expected
    25 Answers
    Features
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Sales Performance Management solutions from SAP SuccessFactors and Varicent
    Feature
    Sales Performance Management solutions from SAP SuccessFactors
    6.9
    13 Ratings
    20% below category average
    Varicent
    -
    Ratings
    Personalized dashboards7.011 Ratings00 Ratings
    Color-coded scorecards6.75 Ratings00 Ratings
    KPIs6.68 Ratings00 Ratings
    Key Performance Indicator setting7.96 Ratings00 Ratings
    Benchmarking with external data5.64 Ratings00 Ratings
    Revenue Forecasting7.05 Ratings00 Ratings
    Pipeline Analytics7.29 Ratings00 Ratings
    Sales ICM
    Comparison of Sales ICM features of Sales Performance Management solutions from SAP SuccessFactors and Varicent
    Feature
    Sales Performance Management solutions from SAP SuccessFactors
    7.7
    16 Ratings
    7% below category average
    Varicent
    6.7
    55 Ratings
    10% below category average
    Sales compensation plan creation8.315 Ratings7.148 Ratings
    Complex sales crediting8.415 Ratings7.548 Ratings
    Sales compensation process automation7.915 Ratings7.452 Ratings
    Incentive auditing/regulation compliance8.314 Ratings6.546 Ratings
    Sales compensation dashboards & forecasting6.712 Ratings6.447 Ratings
    Incentive modeling6.69 Ratings6.243 Ratings
    Agile incentive strategy7.710 Ratings6.538 Ratings
    ICM mobile visibility7.710 Ratings6.232 Ratings
    Best Alternatives
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Xactly Incent®
    Score8.3 out of 10
    Everstage
    Score9.5 out of 10
    Enterprises
    Xactly Incent®
    Score8.3 out of 10
    CaptivateIQ
    Score7.9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Likelihood to Recommend
    9.8
    (17 ratings)
    7.3
    (67 ratings)
    Likelihood to Renew
    6.0
    (1 ratings)
    4.8
    (15 ratings)
    Usability
    7.8
    (13 ratings)
    7.0
    (59 ratings)
    Availability
    -
    (0 ratings)
    5.2
    (3 ratings)
    Performance
    -
    (0 ratings)
    5.8
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    6.8
    (6 ratings)
    In-Person Training
    -
    (0 ratings)
    7.7
    (2 ratings)
    Online Training
    -
    (0 ratings)
    7.7
    (2 ratings)
    Implementation Rating
    -
    (0 ratings)
    6.8
    (6 ratings)
    Configurability
    -
    (0 ratings)
    5.2
    (3 ratings)
    Ease of integration
    -
    (0 ratings)
    4.3
    (3 ratings)
    Product Scalability
    -
    (0 ratings)
    6.8
    (58 ratings)
    Vendor post-sale
    -
    (0 ratings)
    5.9
    (3 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    5.9
    (3 ratings)
    User Testimonials
    Sales Performance Management solutions from SAP SuccessFactorsVaricent
    Likelihood to Recommend
    SAP
    SAP Sales Performance Management from Success Factors works great if the incentive calculation is simple. However, if it contains a lot of constraints and filters or is dynamic, it is not friendly to changes or complexity in terms of configuration and time to calculate the incentives. The advantages of using SAP Sales Performance Management are that the process is controlled, the data is in the cloud, and the roles and permissions make it more secure.
    Incentivized
    Read full review
    Varicent
    For the use cases we have at the bank, ICM is a perfect solution. For any bank or institution that has similar requirements, ICM would be a perfect solution. But I also think for any use case that has any sort of incentives based on Sales done, this would work amazing, as both Calculations and reports are handled by ICM very well; it's an all-in-one solution, I feel like.
    Incentivized
    Read full review
    Pros
    SAP
    • Configurable out of the box.
    • Allows for complex compensation rules (Rate tables, MDLTs, etc).
    • Has the ability to build cross-channel (non-hierarchy) relationships. For us, this is very powerful.
    • Can build a large data warehouse of commissionable data.
    • Speed to market can be as fast as minutes.
    Read full review
    Varicent
    • Flexibility - Varicent is not template based. You can implement the model specifically for your organisation.
    • Scalability - Since it is not stick to templates you are able to expand the model for other domains as well.
    • Reporting - Several ways of reporting are possible and each has their own benefit/purpose.
    • Strong/Powerfull Calculation Engine delivering fast results/speed to insight
    • User Interface is minimized to what you need and is not showing off all the functions it can "also" do
    • Strong audittrail
    • Appears to be almost unlimited in what you are able to create
    Read full review
    Cons
    SAP
    • Using names to reference payees in the compensation platform, instead of their ID
    • Allow an Advisor to see their compensation as well as how their employees compensation without requiring to proxy
    • Expose all variables within the application to the dashboard, to allow them to be used for data insights, without requiring any extra work.
    Incentivized
    Read full review
    Varicent
    • As [the] model gets more and more transactional data, the calculation time increases. This should/can be handled internally with better model optimization.
    • Migrating from one env to other sometimes is challenging. There can be better 'Alerts' or 'Explanation' provided to handle it or at least to give a hint of the error.
    • For managers viewing their rep's report, the access part can be made easier. It should be linked to Payee hierarchy and access can be done automatically.
    Incentivized
    Read full review
    Likelihood to Renew
    SAP
    I would use this product if it were needed due to very complex plans/organization
    Read full review
    Varicent
    Customer support from IBM is impeccable. They are quick to respond and they don't nickel and dime you for every request you make. Their goal is to ensure your success and as a user, I really feel like they listen to my concerns. That's not to say there are no problems. All software has its issues, but I don't feel like those issues fall on deaf ears.
    Read full review
    Usability
    SAP
    My rating is because even though the system works well and has many good features as far as the regular hierarchy, ability to enter fixed variables and the use of rate and lookup tables, there are few sticking points. The custom hierarchy is not easy to use as it is not just point and click. Also, the rule writing is difficult and requires a lot of testing to ensure the results are what you are expecting to calculate or pay.
    Incentivized
    Read full review
    Varicent
    Any calculations can be implemented as there are hardly any limitations on complexity. However, online real-time usability is lacking - a simple user enters, and the system calculates work in a way that it is in the browser and hence still needs overnight to be properly reflected in the batch calculations and backend tables.
    Incentivized
    Read full review
    Reliability and Availability
    SAP
    No answers on this topic
    Varicent
    Never went down in last 3 years that I worked with it (every hour of the day basically). That is a 10 in my book.
    Read full review
    Performance
    SAP
    No answers on this topic
    Varicent
    All is fast, but with API's it is sometimes slower due to the application we are pulling data from. Reports are loaded directly or within seconds and our reports are very detailed with many columns and rows.
    Read full review
    Support Rating
    SAP
    No answers on this topic
    Varicent
    Giving a 10 would suggest there is no room for improvement. I don't feel like their support is perfect. However, I have never met another team that was more dedicated to making sure we get what we want and need.
    Read full review
    In-Person Training
    SAP
    No answers on this topic
    Varicent
    The training was good in general with a nice trainer as well. But, the training could be better if it is more focussed on our process/data etc.
    Read full review
    Online Training
    SAP
    No answers on this topic
    Varicent
    There is a learning portal with many videos about navigation, creating reports and managing your model.
    Read full review
    Implementation Rating
    SAP
    No answers on this topic
    Varicent
    Test test test. Make sure that the product is calculating everyone 100% correctly. DO NOT accept a 70% pass rate as some companies would like to have you believe is acceptable. This means conducting thorough testing by providing 100% of all expected results, but it will be worth it when you know that the compensation plans are working entirely as expected.
    Read full review
    Alternatives Considered
    SAP
    SAP SuccessFactors is better than the Accord Sales Execution Platform because the automation it provides is something out of the box for us. Which was very much less with Accord, and customization according to our need is better than that also. So we can focus on sales and do not need to worry about anything else.
    Incentivized
    Read full review
    Varicent
    In 2015, we used a scorecard containing 80 attributes in our review of Oracle, Callidus, and Xactly & Varicent. Oracle did not have true self serve capabilities- programming was heavily required, not intuitive, out of the box functionality was limited. Callidus & Xactly could not provide us a demo using our data, statements could not be sent out in bulk form, difficulty in importing/exporting to CRM. Varicent excelled in most areas and was the clear winner.
    Read full review
    Scalability
    SAP
    No answers on this topic
    Varicent
    It is very scalable and adaptable to changing complexities of calculations and business rules under a variety of different scenarios. It does not get full points because in large data loads the time needed to calculate and import the data increases exponentially and may cause issues related to timing potentially.
    Incentivized
    Read full review
    Return on Investment
    SAP
    • The efficiencies gained by moving from reports and spreadsheet alone has earned us a positive ROI.
    • SAP Commissions speed to the market allows us to quickly and cheaply change our direction to meet market demands.
    • Our sales force's engagement has drastically improved. We are now paying monthly instead of quarterly and have earned their trust.
    Read full review
    Varicent
    • Compliance - with a central system used for calculation incentive payments and commissions, we are able to provide reports and data showing every detail of how payments are calculated and why they are justified. We can also identify anomalies and outliers.
    • Integration with our payroll system is seamless. Except for regular pay, nothing goes to payroll without going through ICM. The process for paying incentives/bonuses/commissions is now very structured and efficient.
    Incentivized
    Read full review
    ScreenShots

    Sales Performance Management solutions from SAP SuccessFactors Screenshots

    Screenshot of a dashboard in SAP SuccessFactors Incentive Management, used to motivate sales teams to maximize performance.Screenshot of SAP SuccessFactors Territory and Quota, a solution to improve quota management and territory planning.Screenshot of SAP SuccessFactors Agent Performance Management, used to empower agents for productive field selling.Screenshot of SAP SuccessFactors Agent Lifecycle Management, a solution to optimize sales agent lifecycle management and experiences.

    Varicent Screenshots

    Screenshot of Varicent providing clarity and transparency to sellers, helping them to find answers faster and have confidence in compensation plans.Screenshot of Tools for sellers that help them align strategic initiatives, and that help them understand which deals will help them win.Screenshot of Varicent ICM model compensation plans that display the financial impact of changes. Its ability to more accurately forecast commission payouts with “what-if” assumptions, users can budget more effectively for sales compensation costs, manage target total compensation for sales representatives and assess plan effectiveness.Screenshot of Shareable information sent to the right people to drive the right results.