SOURCE: Callidus Software Inc.
PLEASANTON, CA--(Marketwire - Sep 27, 2012) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of hiring, learning, marketing and selling cloud software, announced today that one of the world's largest communications companies has selected CallidusCloud's Commissions to automate the management of incentives and commissions for up to 30,000 payees. The agreement was signed in the third quarter.
"We are delighted to welcome this leading company as our 58th Sales Performance Management customer in the telecommunications industry," said Eric Brown, Vice President, North America Sales, CallidusCloud®. "CallidusCloud has more live customers than any other Sales Performance Management vendor in this industry as we are the only provider that can cope with the demands of fast paced and dynamic sales, driven by an explosion in smart phone and data usage."
CallidusCloud's Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings whilst sales teams enjoy faster, more accurate and more transparent commission payments.
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is a leading provider of cloud software. CallidusCloud enables organizations to drive performance and productivity across their business with our hiring, learning, marketing and selling clouds. From back office to the field, from desktop to mobile, we ensure organizations have the right tools to be more effective and perform better. The combined power of our clouds, our people, and our partners fuels growth, empowers the work force, and delivers real value. CallidusCloud drives performance and productivity for over 1500 leading organizations. Small, medium, and large enterprises across multiple industries and geographies rely on CallidusCloud for quicker hiring, simpler learning, better marketing, and smarter selling.
For more information, please visit www.calliduscloud.com.
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