Status
Acquired by IBM on April 13, 2012
Funding Received
$35 Million in 1 Round from 1 Investor
Founded:
2003
Headquarters:
Toronto, ON
Description:
Varicent Software provides incentive and sales performance management solutions for finance, sales, human resources and IT departments.
Founders:
Dan Shimmerman
Categories:
Enterprise Software
Website:
http://varicent.com

Detailed Description

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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.

Current Team (3)

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Past Team (4)

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Funding Rounds (1) - $35M

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Investors (1)

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Offices/Locations (1)

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  • Office

    36 York Mills Road

    Suite 200, Ontario,

    Toronto, ON M2P 2E9

    CAN