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February 23, 2009

Callidus Software launches new SaaS applications

To address objective management and quota management

By CBR Staff Writer

Callidus Software, a provider of sales performance management software, has launched its new SaaS applications TrueMBO and TrueQuota, to address objective management and quota management.

Both products built on the basis of Web 2.0 technologies and offered through Callidus On Demand platform.

According to the company, the TrueMBO is an objective management system that allows businesses to extend pay-for-performance to employees beyond the sales team and executives in an organization.

The company said that the system provides an integrated solution to transform and streamline the employee performance management process from objective setting, distribution, review and acceptance to compensation processing. TrueMBO also includes enhanced analytics functionality to monitor and assess the effectiveness of various performance programs.

The company also said that TrueQuota is a quota management system that enables sales and finance teams to streamline and accelerate the process of quota setting, distribution, review and approval. With built-in analytics functionality, the solution enables organizations to align sales quota with corporate goals and objectives. TrueQuota can generate outputs for other compensation, CRM and ERP applications.

Steve Apfelberg, senior vice president of marketing and business development at Callidus Software, said: These new offerings extend our reach beyond sales performance management to pervasive performance management across an entire company. It is critical for businesses to manage all employees from a single system to ensure alignment with corporate objectives.

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