Develop Selling Behavior, Reduce Overpayments &
Increase Productivity with Motivation

Take advantage of an incentive system whose function proven
in different industries: Patika Incentive Management

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Incentive Management: What Does It Provide?

Incentive management is a successful approach that attracts the best people to the company by rewarding employees not just for personal accomplishments but also for the organization's long-term goals and plans.

A competent incentive management system contains all of the components required to create a flexible and easily managed framework that aligns with the strategic objectives of the company.

An effective incentive management system, such as Patika Incentive Management

Incentive Management: What Does It Provide?

Incentive management is a successful approach that attracts the best people to the company by rewarding employees not just for personal accomplishments but also for the organization's long-term goals and plans. A competent incentive management system contains all of the components required to create a flexible and easily managed framework that aligns with the strategic objectives of the company. An effective incentive management system, such as Patika Incentive Management.

A Close Look at Patika Incentive Management


Patika Incentive Management allows you to plan and set targets at various levels, empower you to create faster solutions with accelerators and fast modeling of new plans and promotions. Top performers may be given incentives such as performance bonuses, sales recommendations and bonuses, elimination of overpayments, stock options, days of, and company retreats as a consequence of this tracking system.





What else?

  • Develop strategic incentive pay plans for both sales force and back office,

  • Configure multidimensional-multilevel plans easily, set parameters according to your company policy,

  • Collaboratively set targets at different levels, and align with your sales organization structure,

  • Automate actual data collection and synchronization from different sources like the point of sale systems and HR workforce management software,

  • Define various target types, configure data sources, and decide how they contribute to overall compensation,

  • Write your own formulas to calculate commissions and bonuses,

  • Track target vs actual daily,

  • Integrate with your payroll system, eliminate the risk of sensitive data exposure,

  • Benefit from out-of-the-box reports.



Hassle-Free Incentive Management by Patika: Benefits & Offerings

Flexibility

Through the flexible structure of the system, adapt to goal setting and bonus-calculation techniques using various calculations. Have control over the computation by using the adjustable "Bonus Calculation Engine."

Simulate different scenarios that are headquartered field, annually monthly, sales-based, or salary basis by defining bonus packages and plans.


Easy
Integration

Syndicate entire data regarding the payroll, entity, employee recruitment, termination, transfer, discipline, performance goals, sales target, and so on, from the current HR and sales systems via ready data interfaces, and process the data by using formulas and rules established by the "bonus calculation engine."
Easily integrate the existing system automatically and reduce human error.

Seamless
Workflow

From goal setting to payroll, easily manage and monitor the incentive management workflows with role-based screens, sales suggestions, improved outcomes, notification emails, and approval process on application screens.

Custom
Dashboard

Use dashboards with varied user roles to track goals, bonus progression, department, region, or team-based reporting. For improvements focus on sales with leaderboards and create sales plans with structured templates.

Patika Bonus Management may be used
on Patika Cloud via a pay-per-use model,
or on the own servers of the organizations.

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Further Enterprise-Grade Features

We provide you with the advanced balance of flexibility and usability via Patika Incentive Management.

Dynamic dashboards displaying payment and performance statistics based on a user's role.

Forecasting functionality that allows users to evaluate any value, outcome, or achievement.

Capability to produce reports and control which ones are made available to end-users.

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