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Tue, January 20, 2009

Callidus Software Inc.: Callidus TrueComp 5.2 Solution Wins SearchCRM.com 2008 Product of the Year Award in 'Sales Force Automa


Published on 2009-01-20 04:23:56, Last Modified on 2009-01-20 04:25:26 - Market Wire
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SAN JOSE, CA--(Marketwire - January 20, 2009) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in [ Sales Performance Management ] (SPM), today announced that its "[ TrueComp 5.2 ]" solution, received a Product of the Year award from SearchCRM.com. TrueComp 5.2 was named the winner in the 'Sales Force Automation' (SFA) category. According to the editors of TechTarget's Enterprise Applications Media Group, "the SFA suite that provided users with the most value for their money was the clear winner." The TrueComp® 5.2 solution "edged out the competition with its [ compensation and incentive management ] capabilities." Commented the editors: "The suite's [ deep functionality and value ] helped it stand out from the rest." The "TrueComp 5.2" solution consists of [ TrueComp® Manager ], [ TrueInformation®, ][ TrueResolution® ], and Callidus [ TrueAnalytics™ ] software modules.

"[ Our products ] offer flexibility, scalability and lower cost of operations -- all of which are mission-critical in today's challenging economy," said Leslie Stretch, president and CEO at Callidus Software. "We are honored to be recognized by SearchCRM.com for our unparalleled sales performance management solution. Satisfied customers are our top priority. With the TrueComp 5.2 solution, users [ benefit from a rapid ROI ] because this solution enables companies of any size to manage performance across the enterprise and help drive revenue. The TrueComp 5.2 solution automates the business process to align sales teams with business objectives, cohesion that is critical for driving revenue and profitability."

The award winners were selected by a panel of 12 independent industry experts, analysts and CRM and call center professionals, who evaluated more than 40 products in six categories: Sales Force Automation, CRM Suite - Enterprise; CRM Suite - SMB; Call Center Suite; Call Center - Workforce Optimization (WFO) and Marketing Automation. The judges selected winners based on Innovation, Performance, Ease of integration into environment, Ease of use and manageability, Functionality and Value. "[TrueComp has a] good reputation for delivering a solid sales performance management (SPM) solution that helps companies develop more strategic incentive programs to drive increased profitability," one of the judges said.

Another judge commented on the importance of using one suite of products that provides comprehensive insight into the sales process: "Sales force automation is easier with a management suite that can handle the real aspects of a sales force -- from incentives to opportunities to goals."

The TrueComp 5.2 solution unlocks the ability to deliver effective sales performance management practices through the development and implementation of [ strategic incentive programs ] that ultimately deliver a greater rate of profitability. TrueComp's modeling capabilities let users develop and analyze new incentive capabilities, which can be used to compare, plan, budget and forecast future compensation costs.

The esteemed panel of judges in the 2008 SearchCRM.com Product of the Year Award competition included: Bill Band, vice president and principal analyst at Forrester Research; Donna Fluss, founder and president of DMG Consulting; John Ragsdale, vice president at Research, Service and Support Professionals Association; Penny Reynolds, founding partner at The Call Center School; Mark Smith CEO and executive vice president of research, Ventana Research; Richard Smith, vice president and CRM practice director at Green Beacon Solutions; consultants from Strategic Contact and Suresh Vittal, senior analyst at Forrester Research.

For more information on the SearchCRM.com Product of the Year Awards, visit:[ http://searchcrm.techtarget.com/productsOfTheYear/0,294801,sid11_ayr2008,00.html/ ]

See how Callidus Software can help you achieve unparalleled sales performance management success with a free test-drive ([ http://www.callidussoftware.com/products/on-demand/test-drive/ ] and brief product overview[ http://www.callidussoftware.com/products/truecomp-for-appexchange/tour/callidusCentered.html ])

About Callidus Software®

Callidus Software ([ www.callidussoftware.com ]) (NASDAQ: [ CALD ]) is the market and technology leader in [ Sales Performance Management (SPM) ]. Performance-based compensation is one of the largest investments for all companies. Callidus' customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning [ Software-as-a-Service (SaaS) ] applications set the standard for [ pervasive performance management ] across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.

About SearchCRM.com and TechTarget

[ SearchCRM.com ] is the Web's best guide for Customer Relationship Management (CRM) and call center technology decision makers and practitioners. CRM is a business process enabled by technology -- it requires a special combination of customer-centric strategy and technical know-how. SearchCRM.com provides business, IT and customer service leaders with information relating to the most pertinent issues facing companies that are in the process of developing, designing and implementing CRM initiatives across the organization and in the call center. More information can be found at SearchCRM.com.

Headquartered in Needham, MA, SearchCRM.com is part of the TechTarget network ([ www.techtarget.com ]). TechTarget publishes integrated media that enable information-technology (IT) marketers to reach targeted communities of IT professionals and executives in all phases of the technology decision-making and purchase process. Through its industry-leading Web sites, magazines and conferences, TechTarget delivers measurable results that help IT marketers generate qualified sales leads, shorten sales cycles and grow revenues. More information can be found at [ TechTarget.com ].

© 1998-2009 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks, or registered trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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