Compensation Technologies, a leading provider of incentive management process and application consulting, and Siebel Systems, the leading provider of customer-facing solutions, has announced the renewal of their partnership. This alliance provides customers with an advanced way to implement and support their incentive compensation processes and infrastructure.

Siebel Systems provides organizations with a proven set of industry-specific best practices, CRM applications software, and business processes, enabling corporations to sell to, market to, and serve customers across multiple channels and lines of business. Compensation Technologies optimizes the alignment between sales compensation plans and corporate goals. For best-in-class companies, the integration of the right processes, competencies and technology have become a critical strategy to maximize sales effectiveness and achieve a competitive edge.

Compensation Technologies’ deep, successful experience includes system assessments, Incentive Compensation Management (ICM) implementations, application hosting and process design projects for companies across multiple industries. Compensation Technologies is in an exclusive position to be able to help companies determine what works, what does not, and what questions to ask to ensure that their compensation processes and tools meet their business needs. The Compensation Technologies team has been helping companies drive increased sales results through their compensation programs for almost 20 years.

“Through our partnership with Siebel Systems, we are able to offer our clients a true end-to-end solution,” said Mike Meisenheimer, vice president of Compensation Technologies. “The Siebel ICM solution allows companies to effectively manage all four phases of the compensation lifecycle, from plan design and modeling, through implementation, the ongoing administration of the program and critical analysis.”

“Successful ICM automation projects require understanding of compensation strategy and mechanics as well as experience with the associated stakeholders, processes and technology,” said Eric Hills, General Manager, Siebel ICM. “Compensation Technologies has expertise in all of these critical dimensions that drive incentive compensation program effectiveness Customers who work with Compensation Technology to deploy Siebel ICM benefit from their ability to deliver a total people, process and technology solution.”

The alliance between Compensation Technologies and Siebel Systems provides client with the administration expertise and support customers need to ensure success in their day-to-day operations. This partnership delivers tangible benefits to customers looking for a complete end-to-end incentive management solution.