PLEASANTON, CA--(Marketwire - Jan 19, 2012) - Callidus Software Inc. (NASDAQ: [ CALD ]), the leader in sales effectiveness and cloud computing, announced today that one of the leading commercial insurers in the U.S. has selected the CallidusCloud™ Sales Performance Management Enterprise suite to accelerate its producer onboarding and streamline its distribution channel management across North America. The agreement was signed in the fourth quarter of 2011.

The company will implement the Producer Management, Channel Onboarding, and Reporting & Analytics modules to:

• Gain rapid producer deployment through CallidusCloud's secure self-service portal and its end-to-end automation of partner recruiting and onboarding processes
• Reduce operational costs of adding producer capacity by distributing the most common business processes and integrations
• Minimize the risk of new appointments with real-time verification of producer data for background checking and accreditation requirements
• Drive partner satisfaction with self-service, on-time delivery of partner contracts, communications, payments, and reports

The [ Sales Performance Management cloud ] is delivered as part of the [ CallidusCloud suite ], an award-winning, multi-tenant SaaS infrastructure that includes the Hiring Cloud, the Sales Enablement Cloud, the Sales Performance Cloud, the Learning Cloud, and a best-in-class SaaS Reporting & Analytics platform.

Join the Sales Revolution and experience CallidusCloud first-hand at our annual user conference: C³ 2012. Click [ here ] to learn more.

About Callidus Software

Callidus Software Inc. (NASDAQ: [ CALD ]) is the market and technology leader in [ sales effectiveness and cloud computing ]. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit [ www.calliduscloud.com ].

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix and Rapid Intake are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates 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.