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Varicent Software

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Varicent Software Incorporated provides incentive compensation management (ICM) and sales performance management (SPM) solutions for finance, sales, human resources and IT departments.

Varicent’s solution includes Enterprise (250 payees or more) and Business Editions (50 to 250 payees) for companies who face different compensation and management challenges.

Varicent for Enterprises helps organizations to streamline compensation processes, reduce errors, meet compliance requirements and drive improved sales performance.

Varicent Business Edition is a flexible solution built to create and administer variable pay programs, automate commission calculations, and quickly distribute personalized payout results to sales teams.

The company was founded in 2003 and is based in Toronto, Canada.

Recent Milestones

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• 
  Varicent Software was acquired by IBM. (4/13/12)
  Posted 4/13/12 at 6:35pm via techcrunch.com
• 
  Varicent Software received $35M in Series C funding. (10/1/09)
  Posted 10/27/09 at 10:20pm via venturebeat.com
• 
  Varicent Software added Dan Shimmerman as Founder.
  Posted 10/27/09 at 10:20pm
• 
  Varicent Software added Brian Hartlen as Vice President of Marketing.
  Posted 10/27/09 at 10:20pm

Videos

Screenshots

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Sources

1. IBM Acquires Sales Data And Analytics Software Company Varicent (techcrunch.com) [edit]
2. Varicent secures $35M, second only to Facebook in IT funding for this quarter (venturebeat.com) [edit]