Aurochs Solutions

News & Blog Post

Author: Amit Jain

Incentive Compensation

7 Benefits Of Effective Roster Management

Are you still using excel spreadsheets to manage your employee/sales roster? Have you ever wondered about the complexities you are handling manually and the time you are spending behind it? The roster has evolved from being an employee management mechanism to a critical cog driving commercial excellence/sales operations processes like scheduling, sales force sizing, call planning, alignment, and incentive compensation management decisions.
Through this article you will get to know all about the Roster management system, it’s benefits like eligibility, operations, agility, communication and much more and things to consider for effective roster management.

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Commercial Excellence

MBO (Management by Objectives) as a strategic tool

Management by objectives (MBO); strategic model with clear objectives agreed to by management and employees with an aim to improve the organization’s performance. They are also known as management by results (MBR) and were first popularized by Peter Drucker in his 1954 book, “The Practice of Management”

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Coronavirus

Kenneth Pieh on approaching challenges in medical devices during this pandemic

The coronavirus pandemic has impacted the entire life sciences industry and all of them are striving hard to cope up with these difficult circumstances in their own way. IC landscape is no different and has not been spared by any of these challenges either. Covid has instigated social distancing and virtual meetings to be the new normal limiting the in-person access. This resulted into changing dynamics within the sales operations team across different industries. While talking about all these aspects, Kenneth Pieh shares his perspective on the changing and evolving trends in the incentive compensation management space.

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Change Management

Is making changes to your IC solution stressful?

Almost 70% of change initiatives fail and less than 1/3rd achieve clear success. A lot of it can be attributed to inflexibility & rigidity of existing incentive compensation solutions to adapt to change and resistance from stakeholders because of painful past change management experiences. Change management failures also result in introduction of parallel tools and rise in manual processes. This blog speaks about the need for sales organizations to look at new age out-of-the-box, no-code solutions that can be an effective partner to the sales operations team, adapt rapidly to ever-changing needs and automate new processes that are introduced over time.

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Business Intelligence

Has time come to change the way you manage your sales incentives?

Sales Operations / Commercial Excellence plays a critical role in any organization as they draw insights from the unstructured and unorganized information to improve the overall ROI and efficacy of sales & marketing spend. Inflexibility & rigidity of their existing incentive compensation system has been a major hurdle in this process. This leads to increased dependence on solution providers and impedes the overall outlook towards changing existing IC ecosystem. This blog speaks about similar challenges and the desired state one should try to achieve.

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Sales incentive payout curves
Commercial Excellence

Different types of sales incentive payout curves explained

During a highly fluid and uncertain global business situation it’s imperative for businesses to design their payout curves right. Basis of the nature of business and markets we operate in there are different types of curves that do justify every sales reps performance. This article walks you through different types of payout curves and helps you choose the best one for your business.

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