SAP SuccessFactors Incentive Management provides advanced workflow capabilities that streamline and automate the process of managing incentive compensation and incentive-related activities. These capabilities help you manage complex incentive management processes, ensure timely approvals, minimize errors, and enhance collaboration among stakeholders involved in the incentive compensation process. Use them to create, configure, and distribute flexible incentive plans tailored to your specific business needs – quickly and at scale. The solution supports various types of compensation models, such as individual, team-based, tiered, and quota-based plans for direct and indirect sales channels. In addition, leveraging streamlined incentive-plan document distribution and approval workflows, you can accelerate acceptance while reducing effort and errors. Automated calculation of complex incentives based on predefined rules and performance data saves time and minimizes errors. These calculations can be done on demand or based on a schedule you define, with incentives paid at various frequencies and in multiple currencies. -Cloud deployment -Comprehensive incentive compensation management -Real-time payment and performance insight -Mobile app option