Meet the Industry’s First AI-Powered Compensation Plan Builder

Compensation planning has always been a critical yet complex process, demanding precision, flexibility, and alignment with unique business goals.

Today, we’re excited to introduce QuotaPath’s AI-Powered Plan Builder, the industry’s first AI solution to easily create, customize, and optimize compensation plans faster than ever within a commission tracking platform.

Generate plans in QuotaPath directly from existing documents or natural language. Organize plan components from an extensive library with drag-and-drop functionality and accurately streamline quota management in one intuitive platform. 

This isn’t just another tool with AI slapped on it—it’s practical and applicable to simplify the entire compensation planning process. 

“I’ve been blown away by the impact of AI-Powered Plan Builder on the plan-building experience and the reactions from early customers,” said QuotaPath Chief of Product Wyndham Hudson. “We’ve taken an inherently complex problem and made it easy for anyone to build plans. Even if you’re starting from a complex formula, you can plug that in, and we’ll instantly create a plan you and your team can easily understand.” 

AI-Powered Plan Builder helps teams develop, manage, and deliver plans that effectively support their company’s goals while eliminating complexity in the plan creation process when automating commission management. 

Drag and drop components within the plan structure to seamlessly establish or change structure hierarchy and visualize plan elements such as shared quotas and dependencies. Take pre-existing plans and use the AI prompt to add new tiers, adjust quotas, or modify commission rates to reflect your current goals and strategies.

With our AI-Powered Plan Builder, deploy compensation strategies that drive selling behaviors that align with your business goals—and deliver them in record time.

“This a great use case for AI,” said RevOps Co-Op Founder and CEO Matthew Volm. “It’s giving someone a head start with a comp plan, a key part of every revenue operator’s day-to-day, and it does it on the first try. You can’t really ask for anything more than that.”

Read more below.

Sample Use Cases

We get it. Seeing is believing. So, here are a few examples of how we’re using AI in sales compensation design within the QuotaPath platform. 

Scenario 1: Translating Your Existing Plan into QuotaPath

New to QuotaPath, you begin building your first comp plan using the sales commission software. Instead of jumping on a support call, you type out a brief plan description in the AI window.

Prompt:
“Quota for my reps is $480k ARR per year or $40k ARR per month; i pay commissions on a monthly basis and want to average a 10% commission rate, but i want a tiered comp plan with 3 tiers to get there, where the first tier pays out at 7.5%, the 2nd tier at 10% and the 3rd tier at 12.5%; the 3rd tier should be uncapped.”

How AI-Powered Plan Builder Helps:

Custom Plan Creation: The AI generates a draft plan with a $480K annual quota, monthly quota of $40K, and three multi-tier commission rates that average 10% and set to 7.5% payouts on all deals under 100% attainment, 10% on all deals between 100-150% attainment, and 12.5% on all deals above 150% attainment uncapped.

Flexible Adjustments: Edit rates or quotas, use the AI to add a SPIF or milestone bonus, or drop in either from the Component Library.

Scenario 2: Refreshing Last Year’s Plan

You’re starting with last year’s plan but need a refreshed structure for your Account Executive (AE) team that will reward for overperformance. 

Prompt:
“I want to refresh last year’s plan for my AE team. Set a quota at $50K. For commissions, let’s do 5% below quota and 10% for anything above.”

How AI-Powered Plan Builder Helps:

Custom Plan Creation: The AI generates a draft plan with a $50K quota and two commission tiers: 5% for earnings under $50K and 10% for earnings exceeding that amount.

Flexible Adjustments: Fine-tune the rates, quotas, or add additional components directly in the plan builder interface.

Scenario 3: Building a CS Team Plan Rewarding NRR and GRR

You’re looking to incentivize upsells and renewals and need help creating a customer success compensation plan. However, you need a plan that incentivizes net revenue retention (NRR) and gross revenue retention (GRR). You leverage QuotaPath’s AI-Powered Plan Builder for ideas and advice. 

Prompt: “A compensation plan for a CS team that rewards GRR and NRR tied to a quarterly book. This includes a commission floor requiring 60% of quarterly bookings before earning commissions.”

How AI-Powered Plan Builder Helps:

Custom Plan Creation: The AI generates a draft plan set to a 1% commission rate on any upsell amount and another 1% for standard renewals. 

Flexible Adjustments: Increase or decrease the floor. Adjust the weight of the quotas. For example, if you want the team to focus more on GRR, the quota should be higher – 70/30 – and the commission rate. 

These are just a few examples of how you can use our AI-Powered Plan Builder to get started in QuotaPath with your unique compensation plan.

Start Using Your Comp Plans to Drive Selling Behaviors

Your compensation plan is more than just a must-have document. It’s one of the most powerful tools for driving performance, engagement, and growth. 

And now, we’ve made creating dynamic compensation plans in commission software nearly effortless. Streamline your end-to-end commission process with AI-Powered Plan Builder. 

By simplifying plan creation, automating commission management, and aligning incentives with your business objectives, AI-Powered Plan Builder empowers your team to focus on what matters most: achieving and exceeding goals.

Turn compensation into a growth engine with AI at your side.

To learn more, schedule time with our team.