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Xactly Commission Expense Accounting

Score7.6 out of 10

6 Reviews and Ratings

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What is Xactly Commission Expense Accounting?

Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution—with full capitalization and amortization capabilities—that lets companies monitor performance obligations and ensure compliance with ASC 606 and IFRS 15 standards. Their Intelligent Revenue Platform enables Xactly to align planning, performance, and prediction functions into one platform.

Categories & Use Cases

Media

Commission Expense Accounting Reports Home
Commission Expense Accounting Portfolio Summary
Commission Expense Accounting Journal Entries
Commission Expense Accounting Amortization Schedule

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Key Features

Learn about the best (and worst!) features Xactly Commission Expense Accounting has to offer, as determined by TrustRadius' reviewers.
Based on 6 ratings of Xactly Commission Expense Accounting's features
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Top Performing Features

  • Journals and Reconciliations

    Automate and synchronize ledgers and processes

    Category average: 8.9

  • Standard reports

    The software offers pre-built reports with metrics standard to the category.

    Category average: 8.5

  • Custom reports

    Users can create custom reports.

    Category average: 8

Areas for Improvement

  • Configurable Accounting

    Configure accounting rules and segments for each chart of accounts

    Category average: 8

  • Centralized Rules Framework

    Integrate disparate ERP and transactional systems into single ERP instance

    Category average: 8

  • Standardized Processes

    Centralize financial management to facilitate standardized financial processes

    Category average: 8.2

Reviews

What users are saying about Xactly Commission Expense Accounting.
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CEA makes ASC606 compliance easy

Incentivized
Verified User
Administrator in Finance and Accounting (201-500 employees employees)

Pros

  • Amortization & capitalization.
  • Follow set rules defining when/how certain payments are expensed.

Cons

  • Formatting of some reports in Excel isn't ideal when exported.
  • Expense rules are on the back end which requires asking support to update (although these are handled quickly).

Return on Investment

  • Prevented adding an additional head.
  • Easy way to comply with ASC606.

Alternatives Considered

Spiff and CallidusCloud CLM

Obero CEA User

Incentivized
Verified User
Manager in Finance and Accounting (1001-5000 employees employees)

Pros

  • Amortization waterfalls
  • Locked periods & PPA adjustments
  • Journal entries

Cons

  • Not possible to make back-end changes to amortization schedules independently (for example, if departments need to be changed).
  • Impossible to change rules without customer support, for example, if a new plan is added.
  • Have to run separate amortization schedules for each subsidiary rather than at a consolidated level.

Return on Investment

  • No longer need to calculate amortization of deferred commissions.
  • With CEA, it takes 60 hours per month to do a commissions accounting close. This is due to manual controls needed for SOX compliance and the poor state of ICM.

Obero SPM Review

Incentivized
Verified User
Analyst in Finance and Accounting (10,001+ employees employees)

Pros

  • User-Friendly
  • Fast
  • Support

Cons

  • Dashboard is on a different page
  • Needing to rerun reports
  • Not being able to download reports and edit them

Return on Investment

  • Efficiency
  • Centralized
  • Accurate

Alternatives Considered

FDW and SQB

Other Software Used

MS SharePoint, Skype for Business

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