Commission Software

Explore the best commission software to design and manage an effective sales commission
Sales constitute the success of any business, and the commission acts as the fulcrum. The right commission plan can be influential. But, a faulty plan can be devastating. The manual commission calculation, hard-to-understand commission model, inadequate compensation plans can all create friction. To put things right, businesses should plan to invest in the best commission software. With the help of commission software, businesses can automate the entire commission process with real-time commission tracking, accurate and timely payments.

What is Commission Software?

Commission software is an advanced innovative application tool that helps companies create commission plans easily and instantly calculate compensations. The software calculates the commission accurately based on its business model, ensuring complete transparency and visibility. 

Furthermore, the commission management software is a potent tool that provides the accounting and sales team with an intuitive dashboard to generate real-time reports, view sales performance, and integrate commission systems with other software. 

How Does the Commission Software Help to Increase Sales?

The commission software has been specifically designed to streamline all administrative tasks related to paying commissions. The tool efficiently manages all incentive programs, making the process more agile. Timely payment of the commission motivates employees to perform better and accomplish their goals better. 

The top commission tool enables you to easily define metrics and calculate the commission efficiently. Also, with the help of the commission management software, you can create different plans such as sales contests, bonuses, spiffs, etc. 

The integration with the advanced CRM system allows the sales department to fetch sales data instantly. 

How to Pick the Best Commission Software?

The practice of paying commissions or providing incentives to motivate employees for their hard work is not new in the corporate culture. But what has revived during recent years is the legacy system of calculating commissions, managing affiliates, auditing, etc. GoodFirms is a trusted review and research platform where you will come across the topmost commission software vendors and make your choice from a diverse range of criteria to pick the best and surge your sales.

Sort By:

Listed Top Commission Tracking Software | Best Commission Management Software

  • JOOPY Incent

    JOOPY is a cloud-based, sales performance management system.
    Visit website

    JOOPY is a cloud-based, next-generation sales performance management system. Cloud based Sales and Service Performance Management (SPM) platform that transforms business targets into sales force incentive plans to maximize effectiveness and results ... read more about JOOPY Incent

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Commission Software
  • SalesBenefits

    Simplified Sales Commissions.
    Visit website

    SalesBenefits helps you run sales contests and incentive campaigns. Plan your sales contests before launching them to your team. With us, Sales Teams understand the importance of their performance and how that is aligned with closing deals and receiving their commissions. No matter how complicated your commission structure, we can set-up a compact & flexible commission system for you. ... read more about SalesBenefits

    Entry Level Price
    $19 Per Month
    Free Trial
    N/A
    Category Focus
    100% in Commission Software
  • Compass

    #1 Gamification software to automate sales incentives
    Visit website

    Compass is the #1 gamification software that automates and digitizes Sales Contests and Commission Programs. With game-like elements, rewards, recognitions, and complete access to relevant information, Compass turbocharges the entire salesforce. At Compass, we deeply understand the intrinsic and extrinsic drivers of people whether they are members of your sales team, support staff, contractors or ... read more about Compass

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Category Focus
    100% in Commission Software
  • Commissionly

    Fully automated sales commission software that saves you time and money and eliminates errors.s
    Visit website

    Our uncomplicated data import tools, wizard-based target and compensation plan, and commission setting tools mean you can get up and running in a matter of minutes. Our feature rich product serves all your commission needs, no matter how complicated. We have the ability for you to create revenue or product based commissions, flat or tiered commissions, recurring commissions, split commissio ... read more about Commissionly

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Category Focus
    100% in Commission Software
  • EqualTo

    The new way to manage commissions and motivate teams with real-time data.
    Visit website

    EqualTo is the new way for companies to manage commissions and motivate teams with real-time data. We give revenue and product teams a flexible platform to integrate, automate and scale the commission process, increasing the impact of incentives. Fast-growing companies like wefox, McMakler, Flyhomes, and TravelPerk rely on our software and APIs to improve transparency for their teams and par ... read more about EqualTo

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    100% in Commission Software
  • Figle Sales Commission Management

    Sales commission management software for insane sales team
    Visit website

    Our sales commission software is specifically designed to help modern sales teams manage their commission structures with ease, providing accurate and timely commission calculations and reporting to streamline the commission process. Sales commission management is a crucial aspect of any business that employs salespeople. It is a process of tracking and calculating sales commissions that are pa ... read more about Figle Sales Commission Management

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    100% in Commission Software
  • ElevateHQ

    Sales commissions software built for growing sales teams
    Visit website

    ElevateHQ is a sales commissions software built for growing sales teams. But we don’t just stop at automating sales commissions. ElevateHQ is designed to upgrade how companies use sales incentives to motivate their employees. We believe great results are only achieved when people are motivated - and our product is simply an extension of that philosophy. On a more day-to-day level, our product ta ... read more about ElevateHQ

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Commission Software

Frequently Asked Questions

Is investing in the commission management software a viable option?

Yes, investing in top-rated commission software proves beneficial for business organizations, regardless of their sizes. The commission management software is an all-in-one solution that puts your company in the driving seat by enabling a real-time commissioning facility

It enhances the morale of your employees, leading to performance enhancement. The calculation of commission becomes much easier with full visibility and transparency. . It provides a comprehensive reporting facility, and automation saves much valuable time.

What type of Commission Plans Can the Top Commission Software Handle?

The best sales commission software can efficiently handle even the most complex commission plan. Top vendors provide a wide range of commission plan designs ranging from bonus commission, salary-based commission, variable commission, straight commission, to event-based commissions. Also, the commission software can handle the trailer commissions and marginal or tax-free commission.

Can the Commission Tracking Software Simplify the Commission Tracking and Calculation process?

Yes. The commission tracking software plays a pivotal role in simplifying and streamlining the calculator and commission tracking. The tool can seamlessly be integrated with CRM solutions and sales automation software to monitor real-time sales performance.  

Also, while making the calculation, you need only to provide the necessary algorithms once, and the software does the rest of the work. The manual spreadsheets had complex formulas, but the top commission software has automated all calculations.

Which industries Can benefit from the commission software?

Almost all industries and business domains are reaping the advantages of commission software. Also, there is specialized commission software for small businesses that offers the best-in-class features as per the requirement of small set-ups. The primary industries that can look to implement commission management software are-

Insurance- Insurance companies and providers offer incentives and commissions to their agents and teams when they sell a policy to any customer. 

Real-Estate- The real-estate sector is also paying commissions to brokers and agents if a property gets sold or rented. 

Finance- The finance companies motivate their employees and sales agents by providing attractive incentives or commissions upon selling the services or convincing clients to invest in their company. 

Tech Industry- The commission tracking software becomes vital for IT solution providers as it helps to motivate the sales team to manage and fulfill their targets. The commission adds perks to their hard work, which increases the loyalty towards the company.

Digital Marketing- Monitor your digital marketing experts’ performance and affiliate marketers based on PPC lead generation, improvement in SEO ranking, and promoting the product successfully to earn a commission. 

Retail- The commission calculation software can put the retail stores ahead by providing accurate commission calculations, high performance, and maximizing the available resources. 

Medical- Medical and pharmaceutical businesses strive hard to attain their sales goals. Hence the best sales commission software can help in achieving their target and monitoring the performance. Sales commission software also helps in currency conversion.

Which other popular tools can easily sync with commissioning software?

Several popular software tools can easily integrate with commissioning software. You can sync the top commission software with payroll software, insurance agency software, CRM, and contract management software. 

In addition to these, even the best free commission software can integrate with, hospital management software, hotel management software, sales automation software, PPC Software, affiliate software, retail management software, and more.

How much will the top commission software cost?

Different software vendors charge a different price, which is mainly based on its prominent features and functionalities. Also, there are a few commission tools with free trials, such as Easy-Commission, which provides a free trial for 15 days, and Enerpize, which you can try for 30 days. The top free commission software includes QuotaPath

The commission tracking software for small business includes RPM Telco options, costing about $5 per month.

compare software image