SMI’s COMCAL is a highly scalable solution that enables organizations to design, manage, report and analyze incentive compensation and variable pay plans for hundreds of employees, part time workers and or consultants.  It allows business users to manage and design flexible compensation models, and its rules-based calculation engine can handle the most complex enterprise-wide compensation programs.

Using SMI’s COMCAL, business managers, sales reps, compensation analysts and others can gain accurate and timely visibility into incentive compensation data, thereby boosting productivity, accelerating payroll calculations, enhancing sales morale and trust, and driving faster, smarter and more proactive business decisions.

Why?

Import, Output and Administer 

While many companies try to improve their operational efficiencies, they often fall short of their objectives simply because they cannot easily access the appropriate and accurate data.  Disparate data sources, poor integration capabilities and data integrity issues can all result in incorrect incentive compensation calculations, with significant negative impact. 

Build and Manage 

Creating commission plans using spreadsheets or homegrown systems are a cumbersome task that requires a significant amount of time and effort. Maintaining and modifying them can be even trickier.  

Collaborate and Approve

Calculating variable-based pay plans across multiple organizational layers can be challenging enough.  Factoring in the complexity of reviewing results, adjusting discrepancies, resolving disputes and approving final payments, the process can quickly become very difficult to manage and control. 

Report and Present

In any Incentive Compensation Management (ICM) system, flexibility, accuracy and speed are paramount.  But these benefits are lost if the solution does not also provide robust reporting and analytics that supply the needed visibility into the results.

What COMCAL Offers…

Process and Analyze

SMI’s COMCAL powerful calculation engine quickly and accurately processes large amounts of data and computes complex incentive compensation plans.  SMI’s COMCAL calculation engine offers both automation and flexibility

Salient Features

• Rapidly build and modify even the most complex incentive compensation plans and processes using an easy-to-use wizard interface 
• Update one, or multiple plan elements using a drag-and-drop interface 
• Build and adjust compensation calculations and business rules using Excel-based syntax 
• Automate updates to plans, participants and other incentive compensation information 
• Calculations can be triggered manually, automatically or scheduled to run at predefined intervals 
• Web Forms give business users the ability to design and rollout Web-based input templates, performance scorecards and compensation reports 
• Users can access real-time results for in-depth reporting and analysis 
• Management and payees can perform ad-hoc analysis and drill-down into reports for more insight into incentive payments and plans 
• Commissions and other incentive compensation information can be viewed from many key business perspectives including by employees, products, territories, customers and other ways 
• Results can be compared against business targets and variances can be investigated via canned reports and ad-hoc analysis capabilities 
• Workflow creation and maintenance of any type of unique or customized business process flow 
• The ability to add comments and attachments to payment dispute inquiries and other business processes 
• Real-time tracking and reporting of payment approvals, document sign-offs, data collection and other business processes 
• Retroactive and current period adjustments with complete audit trail capabilities 
• Customizable dashboards, reports and other information that supplies business users with meaningful information 
• Ad-hoc reporting and analysis capabilities for all system users 

To learn more please contact us….