Incentive Compensation Managemet

ACT21 offers PCMS (Payout and computation management system), an intuitive and adaptive solutions for all your Incentive computation and management requirements, which can take in your headaches for entire payout process and keep your relationship with your partners concrete strong. PCMS is a complete solution to administer and manage incentives & commission for any lending business. It is powered by a very Powerful Rule Management Platform. It seamlessly Integrates with your existing IT environment & core business applications for Sales/Collection Information and downstream application such as accounts-payable or payroll application for disbursement.

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Incentive Compensation Managemet review by User in Banking
User in Banking
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Business partner of the vendor or vendor's competitor, not included in G2 scores.

"Amazing product for BFSI and allows you to do what you want"

What do you like best?

Perfect fit for BFSI Agency payout process.

What do you dislike?

Mobile support is taking long than expected, but yes they are on track.

Recommendations to others considering the product:

The best part is, ACT21 do not boast much about the quality they offer and the ease of doing business with them. I would refer them any day to anyone and have already done that to a few. They are best at:

1. Domain expertise, they know everything, just name it and they understand it.

2. The product is coming from experience of people worked at Top 2 Financial software companies in India.

3. No need to write a single line of code for them or for you.

4. ACT21 will implement it for you, just give them the learning of your process and they will implement it in coordination with your respective teams.

What problems are you solving with the product? What benefits have you realized?

Unstructured payouts to structured policies,

No more using Excel sheets, it is the biggest relief,

Every sales person knows how to use the product, no IT involvement,

No custom codes everytime we release a new offer, seasonal discounts,

Drag and drop, that's it!

Least amount of error in computation calculations, only issues with formulas,

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Incentive Compensation Managemet review by User in Banking
User in Banking
Validated Reviewer
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Business partner of the vendor or vendor's competitor, not included in G2 scores.

"Potentially best Incentive compensation tool for NBFC"

What do you like best?

Possibility to customise

No coding at all, just drag and drop the decision boxes and you are done with policy creation, payout sprint creation.

No excel sheet requirements as such, manage everything inside the solution and forward the outputs to Accounts for final payouts.

What do you dislike?

Nothing as such, we are going good with it.

Recommendations to others considering the product

I can freely recommend this product to any NBFC doing business in India and do not majorly need mobile access for this application.

What business problems are you solving with the product? What benefits have you realized?

Commission payout

Payout holdback resolution

Agency performance management

Agency login for issue resolution

Payout policy creation

Sprint creation and amendments

Hierarchy management among sales and business team

What Sales Compensation solution do you use?

Thanks for letting us know!

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