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Callidus Software Unveils First Business Performance System Application at Demo 99.


INDIAN WELLS Indian Wells may refer to:
  • Indian Wells, Arizona, USA, a community within the Navajo Nation
  • Indian Wells, California, USA, a city in Riverside County
  • Indian Wells Masters, a tennis tournament held in Indian Wells, California
, Calif.--(BUSINESS WIRE)--Feb. 9, 1999--

Exclusive Product Event Showcases TrueComp Enterprise

Application for Linking Compensation Management to Corporate

Financial Performance

Callidus Software, Inc., the business performance systems company, today unveiled TrueComp onstage at Demo 99, one of the technology industry's highest-visibility venues for new product introductions.

TrueComp is the first in a new class of enterprise applications, called business performance systems (BPS (Bits Per Second) The measurement of the speed of data transfer in a communications system.

1. BPS - Basic Programming Support
2. bps - bits per second
), which improve financial performance by automating the variable cost accounting processes that impact both top and bottom-line results.

TrueComp provides CFOs with a complete solution for effectively managing variable compensation programs -- such as sales commissions -- allowing them to link compensation with ccheduled to ship this quarter. Beta customers include Adaptec, Cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. , Netscape, and Sybase.

"With 8 to 12 percent of revenue going to commission compensation, businesses recognize the need to eliminate errors and derive strategic ing variable compensation programs, coupled with constantly changing business needs, places an extremely high barrier to providing a packaged enterprise application for effectively managing these programs," said Chris Shipley, executive producer of Demo.

"TrueComp from Callidus Software leaps these barriers. It's an innovative, Java-based, enterprise application that delivers the necessary global view and flexibility to manage corporate-wide compensation programs easily and accurately -- and adapt those programs quickly as business needs change."

TrueComp Applican programs into a set of strategic tools for intrust between finance and sales personnel with ay predict and report profitability using accurate

compensation allocation data

-- Help sales teams gain ownership and insight into their

contributions to corporate performance.
-0-

     TrueComp achieves this throughof TrueComp Server, TrueComp Modeler,
TrueComp Manager, and TrueComp Viewer:

-0-


-- TrueComp Server is the core of TrueComp. Leveraging a rules-based

engine, it stores and manipulates all transactions, application

logic and supporting information as data according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the rules

of the compensation plans to ensure accurate allocation and

calculations. The server supports exception handling, allowing

companies to easily customize compensation programs. It also

readily integrates with other accounting, payroll, and

order-entry enterpriseles

transactions and potential changes to ncial managers to quickly create compensation plans

and manage the entire compensation process without pover the Web,

quickly and inexpensively, requiring only a standard Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you.

for access. The VieFeatured at Demo 99

Callidus Software can be seen at Callidus Software's booth, Feb. 8-10.

About Callidus Software

Callidus Software (http://www.CallidusSoftware.com) is a San Jose-based compan 1996 and is privately backed by Crescendo cres·cen·do  
n. pl. cres·cen·dos or cres·cen·di
1. Abbr. cr. Music
a. A gradual increase, especially in the volume or intensity of sound in a passage.

b.
 Vene Design Systems (NYSE NYSE

See: New York Stock Exchange
:CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Netscape Communications (Nasdaq:NSCP NSCP National Schistosomiasis Control Program
NSCP National Space Communications Program
NSCP Native (Mode) Service Control Point (Tandem) 
), and Sybase Inc. (Nasdaq:SYBS).
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 11, 1999
Words:411
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