NetCommissions

NetCommissions

by NetCommissions • • Sales Commission Software

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NetCommissions is sales commission software for sales ops and finance teams, from a Massachusetts company, sold in three editions, each priced by quote.

NetCommissions takes commission calculation out of spreadsheets and runs it as a web-based system that works out sales and incentive pay and reports it back to every rep. It is built by NetCommissions, Inc., a Wakefield, Massachusetts firm dating from 2003. The aim is a payout each rep can trace and a commission close that finance can trust. Business users set up plans from standard elements: accelerators, performance bands, quotas, caps, SPIFFs, contests and discretionary bonuses. The Crediting module assigns deal credit across individuals, teams and units, including splits and double credit. Reps follow their earnings in Dashboards and statements with full drill down, and Payee Modeling shows how a deal in progress would change their paycheck. Inbox carries credit questions and disputes, Currency Management applies effective-dated exchange rates, and Payroll Feeds hand finished payouts to payroll. Claw backs, true-ups, Prior Period Adjustments and the Plan Modeling Sandbox cover corrections and plan redesign. The product is aimed at sales operations and finance teams that administer compensation plans and want to stop rebuilding them each period. It comes in Team, Pro and Enterprise editions, sized by how many commissioned reps a company pays, from growing sales teams to large enterprises. Several modules are included in the larger editions and optional in the smaller ones. Buyers start with a live demo, and each edition is quoted, with setup delivered as a services project. A typical period ends with closed deals arriving from the CRM, credits and rates applied, statements issued to reps and accrual reports passed to finance. Salesforce customers use a native integration that brings dispute resolution workflows into the CRM. Microsoft shops run NetCommissions SPM for Dynamics 365, which connects through ready-made API connectors and settles disputes inside Microsoft Teams. Global sales teams report each payout in both the base currency and the rep's local one, so a multinational commission close stays on one platform.

Features

  • Included: No-code compensation plan builder
  • Included: Tiered and accelerator rates
  • Included: SPIFs and bonuses
  • Included: Split and team credit rules
  • Included: Real-time rep earnings dashboard
  • Included: Commission estimator for open deals
  • Included: Commission statements
  • Included: Dispute and inquiry workflow
  • Not included: Multi-level payout approvals
  • Included: Deal sync from CRM and billing
  • Included: Payroll system sync
  • Included: Clawbacks and adjustments
  • Not included: ASC 606 commission expensing
  • Not included: Plan cost modeling
  • Included: Multi-currency payouts
  • Not included: Plan document acknowledgement
  • Not included: Commission audit log

Additional Features

  • Accelerators and user-defined performance bands
  • SPIFFs, contests and discretionary bonuses
  • Crediting module for splits and double credit
  • Payee Modeling of open deals
  • Commission summaries and statements with drill down
  • Accrual reports for finance
  • Inbox for credit questions and disputes
  • Currency Management with effective-dated exchange rates
  • Reporting in base and local currencies
  • Payroll Feeds and Data Extracts
  • Claw backs, true-ups and reconciliations
  • Prior Period Adjustments
  • Recovery Balance tracking
  • Payouts on milestones or cash receipt
  • Quotas, caps and thresholds
  • MBO-based incentives
  • Plan Modeling Sandbox for rate, quota and territory scenarios
  • CSV Import Wizard
  • Native Salesforce integration
  • NetCommissions SPM for Dynamics 365
  • Dispute resolution inside Microsoft Teams
  • Business-user plan administration

Best for

  • Sales ops teams moving commission plans off spreadsheets
  • Finance teams that own commission accruals and payroll feeds
  • Companies paying from 20 to several hundred commissioned reps
  • Enterprises with 500 or more reps on one platform
  • Sales organizations running Salesforce
  • Businesses on Microsoft Dynamics 365 and Microsoft Teams
  • Global sales teams paid in several currencies
  • Buyers who want a guided implementation rather than self-serve setup

Use cases

  • Calculating monthly commissions across tiered plans
  • Issuing individual commission statements to reps
  • Producing commission accrual reports for the finance close
  • Splitting deal credit between reps, teams and managers
  • Showing reps what an open deal would add to their paycheck
  • Answering rep questions about a credit or payout
  • Reversing commission on cancelled deals with claw backs
  • Sending approved payouts to payroll
  • Reporting global commissions in local currency
  • Running a SPIFF or sales contest for a period
  • Testing a new rate, quota or territory design before rollout

Screenshots & Videos

Explore NetCommissions in action

Netcommissions Homepage With Its Three Editions
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Netcommissions Homepage With Its Three Editions

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