For 80-90% of organizations, spreadsheets have been the base of support to manage all the data in an organization. In fact, this practice of creating and maintaining spreadsheets has been followed for many years. Now the question comes, can traditional spreadsheets keep fulfilling the future coming requirements of businesses? The answer is No!
There is an alternative available that can more effectively replace spreadsheets that is sales commission software; automation technology. Let’s discuss solid reasons to stop using spreadsheets and start using automation software.
AI-based business approach
It’s become hectic to calculate and keep the records of excel sheets or spreadsheets in a business. Automation software will record automatically sales compensation and help to get rid of the tedious job of calculation incentives. On the automation software, these calculations are based on artificial intelligence and Automatic operation. When business administration has the option to record a live attendance of the employee through software then the company will be in a position to take the decision of employees’ urgency and requirement in this way all the performance records will be available in a glance Dashboards. Managers will be able to view the performance through their reports.
Cease the Conflicts
When there will be an automatic record mapping will be done in a click using automation systems. The maintenance of incentive mapping in a business also becomes easy. The company goals will be straight and the employees will not fall in competing for the increase in an incentive as everything is visible on automation software. Also, this will give ease to the HR, Finance team and Sales team. It is researched and proven that when the organizational department operates in an automatic environment fewer politics and fewer resignations occur in the company.
Remuneration calculation will be trustful
The software should allow you to easily build and manage your commission plans without the need for vendor assistance. Managers will be in a state to allow Multiple Commission Plans to different workers: It becomes very simple to create multiple commission plans for each payee, as this is critical in a spreadsheet.
The Process become fast with increased sales
The execution of the business will become faster. The process is research-based as making the company do its core business more effectively will make the company more goal-oriented. In a way, you will be aware of the monthly, yearly, quarterly as well as daily targets. The company will enjoy a more target-oriented audience and target-oriented customers. Working in such an automated way maintains a good relationship with customers, the sales team, and other departments of the company. This is going to boost up the speed of working in a company as well as it will increase sales.
In the above article, we have known why the spreadsheet is harming us instead of benefiting us. Hence, this is the right time to ditch a spreadsheet with the best sales commission software. Stop using traditional ways and adopt new updated solutions, ElevateHQ is providing the number one solution that will solve all your sales commission issues.