The Best Commission Software of 2021

Whether you need to track how much you owe your sales representatives or want to plan ahead, Commissionly offers its best commission software tools to individuals and businesses. It has a wizard to set up payments for flat, tiered, profit, revenue, or product incentives. You can also set it up so that it bases the rewards on specific activities.

Commissionly regularly updates its software to ensure you have the latest features. For instance, one of the new system releases included Commission Lock, ASC 606 reports, Pay Cycle Manager, and Simplified CSV Import. You’ll even find it can make sales calculations in specialized industries, such as for kWh for electricity and gas therms.

Features include:

• Variable commission structure
• Supports multiple currencies
• Manager override
• Clawbacks and adjustments
• Matrix incentives
• User module suspensions
• Filter criteria

There are several payment plans, depending on whether you want a monthly or annual contract. The price band expands with more users in your business, and you’ll need to request a price for teams larger than 30 members.

If there’s any provider that understands how managing commissions on spreadsheets wastes time and money, it’s Core Commission. It’s so confident in its ability to deliver that it promises to reduce your workload by 85%. If you’re interested in setting commission conditions, you’ll like the Advanced Rules Engine.

There are three different variations. Express is the starter pack, introducing tools such as staff hierarchy, automated rules charting, email reports, drag-and-drop insights, and a “what-if” sandbox mode. Enterprise adds multicurrency support and CRM integration, while Premier gives you access to dispute management and estimator tools.

Features include:

• Complex rule automation
• Distribution of bulk reports
• CRM integration
• Web access for sales reps
• Workflow management
• Multiple currencies

Core Commission isn’t up-front with its payment plans, so you’ll have to ask for a rate. Chances are it will either be a monthly subscription per agent or a one-off fee.

Iconixx doesn’t merely look at payouts and calculations but also focuses on effective communication in your sales team. The incentive management portion of the software helps you drive your employees towards continuous improvement, giving clear guidelines with the primary dashboard. The forecasting tool grants you insight into how to control your compensation averages better.

The system’s transparency also motivates the sales representative. With each unique incentive that rewards employees for exceptional behavior, the remaining colleagues will take note and strive to perform in the same manner. When it comes to managing your operations, you’ll have tools to improve workflow processes and ensure compliance.

Features include:

• Compensation planning
• Payment calculations
• Forecasting and modeling
• Governance
• Quota management
• Workflow control

With 24/7 support available, you can contact Iconixx any time to obtain a quote for your business. There’s also a free demo to show what functions are available, but you won’t know the extent of the benefits until you integrate it into your network.

incentX is popular among businesses looking for the best commission software to create and design their incentive programs. You can use any research and insight into your client and employee behaviors for the most effective approach towards royalties, bills, rebates, and more. If you’re worried about liabilities after making sales, you can adjust the incentives accordingly.

Thanks to the mobile application, you can track and control your compensation models from your smartphone or tablet. Once you have the system running for a few months, you’ll be able to determine what’s working and what isn’t, granting you the power to adjust your strategies.

Features include:

• Various commission structures
• Rules and exclusions
• End-user rebates
• GPO membership lists
• Purchasing incentives
• Royalties for physical and digital products

We were happy to find numerous payment packages for incentX. You can opt for a subscription based on the features you need, or you can pay a one-off fee for expert guidance on setting up the entire system. If you require a tailored plan, you can request a price.

If you work in the life and health industries, NextAgency offers more than commission software. You can also tap into its marketing and CRM tools, all integrated into a single system. Your data is held in a central location so you can follow up on your prospects and clients at any time.

Of course, the prime concern for this article is its commission tracking and management functions. The dashboards let you identify trends and earnings by product, carrier, and sub-agent. You can also manage downstream reps and split commissions as you see fit.

Features include:

• Agency data sharing
• Insurance CRM tools
• Automated routing
• Compensation auditing tools
• Lapse prevention

If you’re a member of the National Association of Health Underwriters for health insurance companies, you’ll receive a special rate with features that cater to your business. For everyone else, there are standard prices and license fees.

Performio takes pleasure in cultivating an environment with a high-performance culture. It automates your commission calculations and gives your sales team an incentive to perform. Furthermore, it ensures timely payments and eliminates as many errors as possible.

Some of its most valuable assets are the various report types. They empower your team to drive more sales, giving your business an edge over the competition. The different insights you can draw include leaderboards, dashboards, a commission matrix, and more.

Features include:

• Sales commission automation
• Incentive plan structures
• Compensation challenges
• Import sales data in CRM and HR systems
• Auto-scheduler
• Calculation library
• Administrator override

You’ll find numerous integrations and reports for your sales team to use. When it comes to payment plans, you’ll need to contact the support agents during business hours for a quote.

QCommission believes in the value of accurate calculations. Besides eliminating errors, it ensures your data is ready for annual auditing to comply with federal legislation. You can produce regular statements and communicate results and goals with your team more effectively.

The system doesn’t limit how often you can perform commission calculations. You can process them monthly, quarterly, bi-annually, or annually, while it also lets you define various payment schedules. This feature is incredibly helpful if your business runs on a different processing calendar than other companies.

Features include:

• Commission processes for different frequencies
• User-defined payment schedule
• Calculations for multiple periods
• Adjustments
• Auditing for federal regulations
• Case management

QCommission is another provider that you need to ask for a quote based on your requirements. Of course, you should see the free demo first before contacting the support team.

When you want to drive a comprehensive plan for greater revenue, SAP Commissions gives you an optimized solution toward profitable behaviors. It doesn’t matter what the program scale is, since it aims to cut down on calculation errors and maximize your return on investment (ROI). The software ensures real-time payments to your sales representatives and grants you insight into their performance against business objectives.

A primary concern for most companies is rapid resolution to queries. Your team can trace and respond to any inquiry with a single click, thereby improving their output and growing their incentives. There’s also an AI platform that makes recommendations for your commission plan so you can develop better sales tactics.

Features include:

• Compensation ROI insights
• Seller behavior strategies
• Overpayment elimination
• Dispute resolution
• Performance dashboards
• AI recommendations
• Schedule and plan optimization

SAP Commissions doesn’t supply any price listings on the site, so feel free to contact the live support to discuss your business needs. You can also request a free demo.

Spiff’s best commission software tools aren’t afraid of complex compensation structures. Besides the standard flat rates and tiers, it also covers event-based and marginal incentives. You can also integrate trailer plans for contracts beyond the first year when the terms and rates change.

A powerful benefit is that your sales team has full visibility of how commissions are calculated. There’s complete transparency on adjustments, transactions, and deals. Furthermore, they can access the data remotely from any device as long as they have approved access.

Features include:

• Personalized dashboards
• Complete visibility
• Immediate rewards
• Multiple currencies
• Strategy alignment
• Different commission structures

Spiff offers new clients two different price plans. Each one has a set of features you can select from, or you can ask the provider to give you a custom quote for a tailored experience.

If you’re looking for the best commission software to integrate with your HRIS, CRM, CPQ, or CLM, you'll want to have a look at Xactly Incent. Not only does it perform incentive calculations but it also triggers impairments when there’s a contract adjustment, an increase in client churn, or a change in employee status. It also links your accounting books with the downstream ledgers.

The most impressive feature is the massive report library. You’ll have insight into the commission life cycle that includes revenue and liabilities. There are pre-built statements and dashboards, represented in profitability charts, amortization schedules, accounting matrix comparisons, and a summary roll.

Features include:

• Dynamic true-ups
• Extensive report library
• Integrated process management
• Retrospective approach
• Automated compliance
• Amortization support

The final provider on our list for the best commission software also chooses for you to contact its team for a custom quote and free demo. Fortunately, it's available 24/7 for any queries you have.