#1 most frequent
United States of America
82.2%120 installations of 146
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
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Screenshot of Commission Expense Accounting Reports Home
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
Who Buys & Uses Xactly Commission Expense Accounting
#2 most frequent
Canada
2.1%3 installations of 146
#3 most frequent
Israel
2.1%3 installations of 146
CEA makes ASC606 compliance easy
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
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
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
