Visdum vs. Xactly SimplyComp (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Visdum
Score 9.6 out of 10
Mid-Size Companies (51-1,000 employees)
Visdum is a Sales Compensation System built to help companies manage and optimize sales incentives, to produce a motivated sales team. Visdum is a no-code SaaS platform that allows companies to design and automate any compensation plan, with the flexibility to add SPIFFs, Bonuses, and Kickers. Visdum boasts mid-market SaaS companies like FarEye, Sirion Hubilo, Haptik - Reliance, DarwinBox, etc, as customers who automate their sales compensation process with the Visdum…N/A
Xactly SimplyComp (discontinued)
Score 5.9 out of 10
N/A
Xactly SimplyComp is a sales incentive compensation planning application to support sales teams with accurate commission, and team performance tracking.N/A
Pricing
VisdumXactly SimplyComp (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
VisdumXactly SimplyComp (discontinued)
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsContact Xactly for a demo and pricing.
More Pricing Information
Community Pulse
VisdumXactly SimplyComp (discontinued)
Features
VisdumXactly SimplyComp (discontinued)
Sales ICM
Comparison of Sales ICM features of Product A and Product B
Visdum
9.6
Ratings
26% above category average
Xactly SimplyComp (discontinued)
2.6
Ratings
96% below category average
Sales compensation plan creation10.00 Ratings1.20 Ratings
Complex sales crediting9.60 Ratings1.20 Ratings
Sales compensation process automation10.00 Ratings1.20 Ratings
Incentive auditing/regulation compliance9.40 Ratings6.00 Ratings
Sales compensation dashboards & forecasting9.50 Ratings7.70 Ratings
Incentive modeling10.00 Ratings1.10 Ratings
Agile incentive strategy9.50 Ratings1.10 Ratings
ICM mobile visibility9.20 Ratings1.00 Ratings
Best Alternatives
VisdumXactly SimplyComp (discontinued)
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Everstage
Everstage
Score 9.4 out of 10
Everstage
Everstage
Score 9.4 out of 10
Enterprises
Everstage
Everstage
Score 9.4 out of 10
Everstage
Everstage
Score 9.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
VisdumXactly SimplyComp (discontinued)
Likelihood to Recommend
9.6
(0 ratings)
5.9
(0 ratings)
Support Rating
-
(0 ratings)
7.1
(0 ratings)
User Testimonials
VisdumXactly SimplyComp (discontinued)
Likelihood to Recommend
Here’s where Visdum excels: Handling complex sales commission plans for large teams Commission approvals are fast and easy Smooth and quick dispute resolution in-app Seamless integration with CRM Great customer support & UI.
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SimplyComp gets the job done. However, it's more of a necessary evil than pleasant software to work with. My organization has probably invested over 100 hours to set SimplyComp up to support an organization of 50 AEs, 2 VPs, and 8 Directors. I'll acknowledge that we brought some complexity to the table with our comp plans. However, the SimplyComp software didn't make it easy to execute
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Pros
  • It automates the whole sales commissions process such that everyone saves time - Sales, Finance, and Operations.
  • We can resolve commission related inquiries within Visdum. There is no need for us to use email or slack. This makes communication with the Finance team smooth.
  • Visdum’s gamification feature is incredible - it motivates our reps to stay on top of their game consistently. The leaderboards are a huge hit on the sales floor.
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  • SimplyComp has a plethora of pre-built v-comp types that come with explanations of use cases. If your v-comp plans fit within these standards it is fairly straight forward to get the plans built.
  • Connects directly to Salesforce.com reports within your salesforce org. This makes mapping much easier vs trying to have to understand your database schema then map the fields. A finance person, sales operations, or even a sales manager could do the configurations with the provided implementation specialist.
  • I love the fact that this product has the simplicity that we need vs having to go to a more heavyweight solution. While many organizations have very complex v-comp plans we don't on purpose and would rather not have to get a more complex solution.
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Cons
  • The team does a great job with our change requests and the turnaround time is less than 2 hours. I have had a great experience so far.
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  • The commissions aren't updated daily. Our team has to input the data in Xactly and we get the updated amount every week. Would love to get a quicker update when a sale is made.
  • Not able to see what tier I'm at or how much more I need to sell in order to hit the next tier. There is a section that shows the commissions percentages but not how much we need to sell to hit it. It would be helpful to know those specific numbers.
  • I'd love to be able to see what my overall numbers have been to quota. I'm not able to see that now in Xactly. It only shows what attainment has been per month.
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Support Rating
No answers on this topic
Our Implementation Consultant was fantastic. She made herself available, scheduled for in advance to accommodate our schedule, and was very helpful on our calls. She happily executed work on our behalf behind the scenes to help move our implementation along. The Customer Support team was mixed, as is expected with Support teams. Nothing horribly bad, but nothing to write home about. SimplyComp is a newest product for Xactly so everyone is still learning it
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Alternatives Considered
I like Visdum due to its intuitive UI and the ability to add or modify compensation plans based on my dynamic business needs.
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CaptivateIQ is much more flexible than SimplyComp. Though it's much more complex, it uses excel-based formulas to lessen the learning curve and can handle any comp plan you throw at it. We were able to sign with them for half the cost of our SimplyComp contract, though that may not be possible as CaptivateIQ grows
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Return on Investment
  • Reduced commission related disputes by 60%
  • Reduced time to reconcile commissions (down by 30%)
  • Increased transparency for sales reps
  • Reduced operational workload
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  • Huge improvement in processing efficiency. We currently are able to process 25 commission plans with a quick click of a button.
  • The customization has enabled us to easily update plans as business needs arise. This has been especially helpful as we're still working to optimize our commission plan structure.
  • Improved visibility into commission attainment by the sales team.
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ScreenShots

Visdum Screenshots

Screenshot of a visualization of how Visdum reduces time spent on sales commission reconciliation, payroll input, generating journal entries, and audit/compliance reports.Screenshot of the Sales Rep Performance Dashboard - the system can be used to design complex Sales Comp plans and allows complete visibility to Sales, RevOps, and Finance.Screenshot of the data sources that can be integrated, while maintaining data integrity. Data from these sources will sync in real-time, or on a schedule.Screenshot of Visdum calculation engine - used to run and see commission calculations across any rep, plan, and pay period in real-time. Users can resolve queries and disputes as they arise.Screenshot of the no-code Sales compensation plan designer.