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.
Funding Rounds (1) - $35MUpdate
Current Team (3)Update
|Feb 1, 2013||Gigaom - IBM buys big-data analytics company Star Analytics|
|Aug 27, 2012||The Next Web - IBM Buys HR Software Firm Kenexa For $1.3B In Cash|
|May 23, 2012||www-03.ibm.com - IBM Completes Acquisition of Varicent Software|
|Apr 20, 2012||Computer World India - Varicent, BI Software Maker, Acquired by IBM|
|Apr 16, 2012||ZD Net - IBM buys Varicent for analytics boost|
|Apr 13, 2012||Tech Vibes - IBM Acquires Toronto's Varicent Software|
|Apr 13, 2012||Gigaom - IBM adds more analytics with Varicent buy|
|Apr 13, 2012||TechCrunch - IBM Acquires Sales Data And Analytics Software Company Varicent|
36 York Mills Road
Suite 200, Ontario,
Toronto, Ontario M2P 2E9