The Key to Digital Transformation
Digital transformation has been underway for years now, and continues to impact the finance department as rote tasks and manual work are partially or fully automated. Finance and accounting departments experience significant changes through automation, digital tools, and real-time data access. Digital transformation streamlines financial processes, improves data accuracy, enables real-time reporting and analysis, and supports financial planning, budgeting, and compliance efforts.
In a study conducted by Censuswide and BlackLine, 31% of respondents believed that improved efficiency in financial management was the most underrated part of their business. Automating large scale financial management processes within a company is a large initiative which can require significant resourcing, time, buy-in from multiple stakeholders, and involves complexity. Many of the financial management automation wins are coming from automating tasks within the finance department. Addressing this low hanging fruit helps companies maximize the efficiency they gain from automation as they hedge their bets with both large scale initiatives and smaller ones with more immediate returns. How is your organization addressing the increased need for financial management efficiency?
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Why Palette?
Automate calculations
Automate sales commission payments. Create commission rules, define a payout schedule and access monthly statements for each sales rep.
Motivate and coach with real time dashboards
Motivate sales professionals with real-time visibility into commissions. Coach your team, align everybody with company goals and drive long term sales performance.
Compare, simulate and design commission plans
Roll out new commission plans with ease. Compare plans and simulate new rules with a single click.
No more errors
Palette keeps history logs and tracks every calculation detail, helping you to reduce sales commission errors.
Reconcile revenue with CRM data
With Palette you can reconcile invoices and payments with CRM data and pay commissions to your reps only when the money is in the bank.
Create challenges with one click
Incentivize your teams on short term goals. Create a challenge targeting any KPI you want to uplift, drive better results and boost your company’s culture.
