In the enterprise software space, commissions pretty much make the world go ’round: In the United States alone, B2B companies spend some $800 billion on sales incentives annually. That’s roughly three
times what they spend on marketing.
Compgun is a company in our Winter 2016 class that empowers companies to maximize ROI on their commission plans, making it clear and simple to gauge how much commission each salesperson has earned, and reward the highest performing staffers.
VentureBeat’s Ken Yeung wrote about Compgun in a recently published story:
“‘We’re trying to create the first sales commission software that
everyone can love,’ CTO Tim Sze told VentureBeat. Compgun functions as a
self-serve platform with companies being onboarded in less than a day.
Founded by Sze and CEO Jake Seip, this Y Combinator-backed startup
allows its customers to build, test, and administer their commission
structures for salespeople. It also provides real-time analytics that
lets you monitor individual performance and team rankings. Customized
dashboards and graphs are also available in the subscription platform.
Compgun will host your sales data and metrics, which it uses to build
intermediate calculations and goals for your team to keep track of.
The founders are longtime friends, and when they started a previous
business together, they discovered that sales commission is a giant pain
point for businesses.”
Read the full story and see screenshots of Compgun in action here.