Insurance Technology Featured Article

Innovative Insurance Partners Deploys CallidusCloud's ICM

November 08, 2012

Cloud-based hiring, learning, marketing and selling are helping organizations to drive performance and productivity across their business. One example of this can be found in cloud software maker Callidus Software (News - Alert) Inc., which announced that Innovative Insurance Partners has selected CallidusCloud’s incentive compensation management (ICM) solution for the insurance industry.

Because CallidusCloud offers accuracy, timeliness and efficiency, the company’s cloud-based service was an ideal fit for Innovative Insurance Partners, according to Andrea Baumer, president and CEO of Innovative Insurance Partners.

“Our focus is to spend resources on technology and other infrastructure methods to ensure we are ahead of the game,” Baumer said in a statement. “CallidusCloud was a natural choice for us as our commission software vendor. We realize that we are providing the agent’s ‘paycheck,’ so we need to be accurate, timely and efficient.”

CallidusCloud’s ICM solution is designed to deliver “extreme automation” in integration, plan configuration, producer management, payout calculation and communication. Company officials said its ICM solution is a highly configurable solution supporting rapid deployment, ease of use and reduced operational complexity. As part of the solution, the producer portal allows for delivery of payment and performance-related information through the Web or a Customer Relationship Management system.

In related news, Callidus Software recently said that its Commissions solution was selected by a Malaysian communications provider, TMCnet reported. The Malaysian provider will use the solution to automate incentive processing and channel management for dealers, service centers and sales professionals.

With Commissions, the users can set sales quotas using a self-service collaboration platform for quota allocation and team-based distribution, and gain real time visibility into quota attainment. They can also intuitively design, optimize, assign and manage territories based on opportunity, workload, account information and geography.




Edited by Brooke Neuman

Article comments powered by Disqus

Related Insurance Technology Articles

Trinity Health Implements athenaOne to Improve Operational Performance and Increase Value to Patients

Trinity Health, a multi-institutional Catholic healthcare delivery system, has entered a partnership with athenahealth, a provider of cloud-based healthcare services, to deploy the athenaOne solution into some of Trinity Health's physician network offices. This solution will effectively help the organization boost revenue, gain valuable insights, streamline patient interactions and reduce administrative work. [ Read More ]
04/16/2015

Infosys: Insurance Must Take Customer-Centric Approach to Technology

A new survey by Infosys has found that insurance companies need to pay more attention to the customer experience as they improve their digital strategies. [ Read More ]
04/15/2015

GetInsured Launches Lean State-based Marketplace Model

One of the biggest changes in U.S. governmental policy as of the last decade is in the passing of the Affordable Care Act. Also known as Obamacare, ACA makes state-based health coverage mandatory for many U.S. citizens, and it allows states to either run their health exchanges through the federal government or through their own marketplaces. [ Read More ]
04/14/2015

National Storm Damage Center Signs Agreement with Global Risk Management Solutions

The National Storm Damage Center (NSDC) has signed a noteworthy agreement with Global Risk Management Solutions (GRMS), a leading provider of vendor screening solutions. [ Read More ]
04/10/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!