CompensationMaster's system
includes proprietary software used to design and analyze sales force
compensation plans. You enter information about your company's revenue,
expenses, and compensation structures into the software. You can then analyze
the profitability of your compensation plans, compare your plans to those of
your competitors, and perform sophisticated what-if analysis to see how proposed
changes will affect your business. What-if analysis Create a new compensation
plan, then analyze what the effect will be—before you introduce it to your sales
force. Experiment to see what will happen with slightly different percentages or
if the plan is only offered to top producers. Exploring different scenarios
ahead of time allows you to introduce your new plans with confidence. To view a
six-minute automated demonstration showing how you can use CompensationMaster's
software to perform what-if analysis, click here. Recruiting It takes just a few
clicks to define your commission plan. Enter a competitor's commissions, and
you can easily generate graphs that show exactly how they compare. You'll be
able to show a recruit that although the other company's plan sounds better, it
really isn't. Business analysis You can also analyze the impact of other types
of changes to your business, such as adding a new office or becoming part of a
franchise. CompensationMaster's software is more accurate than a spreadsheet
model of your business, and takes a fraction of the time to set up. Advanced
features Advanced features of the software include the ability to: Design sales
force compensation so the company achieves the level of profitability that you
want. Create several different types of plans that all deliver the same level of
operating profit. Calculate a breakeven point for the company as a whole, or for
individual agents. Analyze the impact of a proposed merger or acquisition.