The new partnership claims the new solutions will enable an organizations leadership team to bridge the gap between their business goals and sales performance. The sales performance management is estimated to be valued in the region of $715 million (2015) with both Wipro and Xactly believing the market still has healthy growth potential.
“Sales Performance Management is a key priority for organisations, across the board,” said Hiral Chandrana, SVP for Business Application Services at Wipro Limited. “Companies can optimise their sales performance processes through effective incentive compensation design for their employees and tools to measure the same. We are confident that Wipro’s extensive experience in transforming the front-office sales process coupled with Xactly’s incentive compensation cloud products will deliver the right platform to accelerate business outcomes for our clients.”
The Wipro and Xactly partnership will aim to combine software products, which focus on managing employee performance, monitoring margins, and mitigating risk, with Wipro’s consulting experience in transforming the sales functions, to improve the performance of customer’s employees.
“We are always looking to partner with like-minded industry leaders who understand the importance of using incentives to drive the right behaviors and are aiming to shape the next wave of this industry,” said Nitin Mathur, VP of Worldwide Professional Services at Xactly. “Wipro’s global reach and services expertise complements our mission of helping companies use compensation as a strategic lever to drive better sales alignment, retention, and performance.”