Vivint Selects CallidusCloud Commissions to Drive Sales Performance Through Automated Incentive Compensation

PLEASANTON, CA–(Marketwired – Jan 15, 2014) – Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced today that Vivint, a leader in home security, home automation and energy conservation services, has selected CallidusCloud Commissions to improve sales execution and accelerate growth. The agreement was signed in the fourth quarter of 2013.

CallidusCloud Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. With extensive modeling and analytics capabilities, the solution provides clear insight into the performance of current plans as well as a highly accurate forecast of future performance. Sales operations and finance enjoy significant time and cost savings while sales teams enjoy faster, more accurate and more transparent commission payments.

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About CallidusCloud
CallidusCloud®, (NASDAQ: CALD), is the leading provider of sales and marketing effectiveness software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with their complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation — driving bigger deals, faster. Over 2000 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

For more information, please visit www.calliduscloud.com.

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