Are you still using Excel for calculating sales commission? Then, you should be aware of the following cons of using Excel for calculating sale.
- Excel is manually cumbersome
- It is not scalable
- Involves usage of complex formulas
- Takes a lot of time and effort
There is a solution for all these problems:
Automating Your Sales Commissions
Here are the top 5 reasons why you should switch from Excel to a software which can automate your sales team’s commissions: Continue reading
Sky Financial Corporation is one of the Canada’s most established and first national mortgage broker. The company is dedicated to providing a client with the information needed to make a well informed decision on mortgage financing needs combined with better rates than what the banks offer. Continue reading
San Jose, CA – Monday, October 20, 2014 – CellarStone Inc, a leading provider of robust cloud based sales commission solutions, announces their sponsorship of the Intuit QuickBooks Connect 2014 Conference & Exhibition, taking place October 21-23 ,2014, at the San Jose Convention Center, San Jose, CA. Continue reading
A salesperson’s job is an extremely difficult and challenging one. Not only do they have to work hard to turn the call or visit with a prospective client to a sale, but they also have to ensure that the commission they are getting from their sale is worth all the effort. It is therefore imperative for them to read through the contract carefully before taking on a sales job. This article presents the case of Verizon Wireless as an example to understand how and why employees need to be more careful about signing contracts before joining any firm. Continue reading
Not automating your sales commissions properly is not just going to cause problems with your staff or HR; it could also cause problems with the law. We take a look at a real life example of when unpaid sales commissions go wrong and what you can do to prevent this from happening to your business. Continue reading
by Claudia Bruemmer, Guest Blogger
Tax time is coming up, and we can’t overemphasize the importance of companies big and small being able to accurately report income and expenses to the IRS. Sales Commissions are one area where IRS reporting may be overlooked and invite audits of your sales staff as well as your firm.
Just out of curiosity, how many of you reading this have the means to track and pay sales commissions? Perhaps many of you do, and that’s great ammunition to have on hand if it ever comes to a tax audit. Heaven forbid you should ever be audited – but better safe than sorry. Continue reading