BUILD SALES COMPENSATION PLANS Flexible, testable compensation plans

Our compensation plan builder and templates empower finance and revenue leaders to effectively build and collaborate on plan design. With control over plans and accurate data, you set your teams up for success.

Design, build, and manage compensation plans

The best compensation plans factor in total comp costs and revenue while driving sales performance. Curious to see how much an end-of-month kicker will cost your business and the potential revenue earned from it? With QuotaPath, gain complete control to test, change, adjust, and measure the success and cost of your plans as they evolve.

Visibility into plan structure

Give your reps accurate insights into their earnings, bonus calculations, and breakdowns of their compensation structures so reps understand how, when, and why they are paid. Build trust and transparency between your individual contributors and leadership from the visibility QuotaPath provides.

Model plan performance

Build a plan in draft mode to test SPIFs, quotas, accelerators, and more with your historical data. With dynamic forecasts, calculate costs and revenue based on attainment to gain security and confidence before solidifying new plan components.

Tailor and measure plans by role

Accommodate the needs of each commissionable role in your business by measuring and comping off of meetings, deals, and renewals won or any other field in your CRM.

Manage complex compensation plans better

When was the last time a spreadsheet cell delivered an #ERROR? Our unique approach makes adding, altering, or removing plan components easy without breaking formulas. Here are some of the common, complex scenarios we support:

Bonuses & SPIFs
Accelerators
Multipliers
Effective Dating
Static, Changing, or Cumulative Quotas
Deal Splits
Clawbacks
Draws
Ramps
Manager Plans
Overrides
Currency Conversions
Compensation Verification
Matrix

Forecast and experiment with plan performance

Forecast comp plan efficacy using your previous periods’ data or our built-in annual modeling capability. Gain confidence in new quotas, SPIFs, and bonuses by previewing total costs and revenue according to various attainment scenarios.

Efficiently roll out comp plans to Reps

Automate distribution and collect rep signatures to verify that they understand their compensation plans. Store your commission policies and signed agreements in one place to drive transparency and a single source of truth.

Stay agile without disrupting your compensation plan workflows

As your sales organization scales, QuotaPath provides the adaptability you need to seamlessly handle shifts in team structures and performance metrics.

Automate quota attainment roll-ups across levels and quickly reassign reps to new teams — all while maintaining compensation alignment.

97% of leaders express challenges with their compensation plans

Maintaining simplicity as the top issue (30%). When reps struggle to understand how they earn commissions revenue is left on the table.

Powerful Integrations

Run commissions with our robust integrations. Pull in data to start forecasting and tracking compensation plan performance and cost. Custom syncs equip your team with accurate earnings and performance data whether they’re on the go or at their desk.

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HubSpot

Our 2-way HubSpot commission tracking integration is Hubspot Certified.

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Salesforce

Salesforce commission tracking? We got it. Sync data from Salesforce in real-time to automate commissions.

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Close

Pull in deals from Close automatically to run commissions.

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Zoho CRM

Integrate Zoho CRM data for commissions and grow your revenue.

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Copper CRM

Pull in your sales pipeline from Copper to power commissions.

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Maxio

Power financial operations by syncing to Maxio’s Expense Management module.

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Stripe

Pull in payment details from Stripe to set eligibility rules for commissions payments and manage clawbacks.

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Quickbooks

Integrate with Quickbooks to pull in invoice and payment data and set eligibility rules for accurate commissions payments.

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Sales Compensation FAQ’s

How do I build effective sales compensation plans?

There are three things to consider when building compensation plans. The first is that comp plans should be simple. Make sure they can be explained quickly, and that they don’t involve too many moving parts. The second is that they are logical. You want your comp plans to accomplish the goals your company has set. Lastly, comp plans should be fair. They should be attainable and pay your sales team properly for the work they do.

What are the benefits of sales compensation software?

The three main benefits of sales compensation software include transparency, error reduction, and motivation. Because compensation information is centralized in a platform, everyone involved in the commission process gains a new level of transparency. Automated calculations reduces the risks of human error. And when reps have visibility into their compensation and can trust their payouts will be accurate, they are motivated to sell more.

Who is responsible for designing sales compensation plans?

The departments typically responsible for designing sales compensation plans are sales leadership, revenue operations, and finance. However, the organization responsible for designing sales compensation plans varies as organizations grow. In early organizations, it’s generally sales leadership who designs compensation plans. And in large organizations, this responsibility typically falls to revenue operations teams. No matter who is in charge, it’s important that sales compensation plans are simple, logical, and fair. 

 

Read more about sales compensation strategy in our ebook here.

What is a good SaaS commission structure?

The simplest commission structure for SaaS sales is a flat commission rate, usually around 10%. But most SaaS commission structures use accelerators to incentivize over-performance.

 

Some organizations use consistency bonuses that pay a set bonus amount for hitting quota every month or quarter. There’s no exact template for a perfect SaaS commission structure, but here’s more reading about standard commission rates for SaaS sales to further your understanding.

What role will compensation design play in motivating my sales representatives?

Compensation design plays a big role in motivating sales reps. A good compensation plan should be easy to understand and designed to drive specific behaviors. And, it should pay reps accordingly. Consider adding accelerators and bonuses to motivate your sales representatives to sell more business or specific types of deals.

How do you calculate sales compensation?

The most common ways to calculate sales compensation are either using a spreadsheet or with commission tracking software like QuotaPath. For simple compensation plans, many people choose to calculate manually using spreadsheets. This method can work for small sales teams, however, it can become too time-consuming and unfeasible. If your sales team is scaling or you have more complex comp plans, using a tool can help you calculate sales commissions automatically. Then you can add that to a rep’s base salary to calculate their total compensation. Sales compensation software automates calculations, provides transparency, and removes mistakes.

What is OTE salary?

OTE salary is an acronym that stands for on-target earnings. On-target earnings is the amount of money you can expect to earn if you hit 100% of your quota. It can be calculated by adding your base salary and any expected bonuses and/or commissions. Here’s ore reading on OTE salary, plus some examples.

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