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INCA provides essential tools for compensation teams to administer reward structures appropriate to every employee and channel sales partner, including:

Support for multi-faceted incentive schemes, pay plans, inter-plan dependencies, accelerators, Special/sales Performance Incentive Funds (SPIF’s), Management by Objectives (MBO’s)
Sophisticated predictive modelling and forecasting capabilities
Comprehensive reporting and analytical features
Multi-lingual and multi-currency capabilities


INCA reduces unnecessary operational overheads, improves administration efficiency and significantly enhances the ability to forecast and analyse the financial impact of new and existing schemes on sales effectiveness. INCA represents a strategic business asset that helps align productivity with overall corporate objectives.


ROI


INCA enables businesses to achieve immediate and measurable results from investing in an ICM solution.

ICM offers high return on investment (ROI) because it replaces bespoke spreadsheet systems which have considerable cost overhead, operational complexity and scope for human error, for example, Cable & Wireless cut operational costs by 37%. At the same time INCA delivers improved process control, speed and flexibility for switching incentive schemes in response to performance results and market change – Cable & Wireless saw its sales volume increase by 22% after deploying INCA.

Typically spreadsheets are fragmented and much time is spent querying commissions paid. Analysts estimate tracking and reporting compensation for a single employee can cost as much as £1,000 annually and that overpayment on the annual compensation budget is between 5-12%.

Consulting fees, training and on-going maintenance are often hidden costs associated with purchasing new software, affecting bottom line investment and making it harder for companies to recognise immediate returns. Complementing both existing business processes and information systems structure, INCA focuses on operational savings that can be made in the first year of deployment without enforcing changes in business strategy. Deployment timescales are effectively lead by client data supply, however implementation can take as little as six weeks so the ROI can easily be identified within a 12 month timeframe.


Savings now and in the future

Effective ICM systems have to do more than produce ROI. In a constantly changing business climate, system implementation has to have a degree of future proofing. INCA addresses the key components which companies demand from enterprise software today:

Alignment of corporate objectives
Cost control, accountability, transparency & quick ROI
Increased productivity & profit margins
Speed & flexibility to react immediately to changing market conditions
Sarbanes-Oxley compliance
Streamlined integration with existing IT infrastructure


With the adaptability and flexibility to meet these demands, INCA enables companies to grow with their compensation management needs.

Contact Us:
T: +44 (0)1344 354 988
E: sales@practique.co.uk


Useful Links:
INCA Functional Overivew

Training Catalogue
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