Press release 2015/05/05 – Aurochs Software launches its incentive plan health check module

by Marketing

  1. May 04, 2015
  2. 4 min read

May.05, 2015 - PUNE, India -- Aurochs Software launched its incentive plan health check module today. IC Health Check is a tool to assess the health of incentive compensation plans designed specifically for the healthcare industry.

The IC Health Check module allows healthcare companies to perform a periodic assessments of their sales incentive plans to gauge the fairness, balance and effectiveness and take steps to course correct for new strategic needs.

This solution comes pre-built with an extensive feature set, including:

  • Descriptive Summary Statistics for different plan metrics, territory level earnings, rep level payments
  • Comparison of Max, Min, 90th ,75th, 50th, 25th and 10th percentile performance with industry benchmarks
  • Compare the performance of the population grouped by quintile buckets.
  • Comparison of performance statistics across different geographic levels
  • Analyze leverage ratios built into the sales incentive plan
  • Scatter plots of measures and earnings vs various key metrics
  • Population distribution histograms for measures, earnings, etc.
  • Fully Integrated with Aurochs Incentive Compensation calculation module

With the launch of this IC Health Check solution, Aurochs Software grows its portfolio of products towards achieving its goal of being a full-featured self managed Incentive Compensation solution ecosystem with the highest return on investment in the industry.

The IC-Health Check solution can also be deployed as a standalone module that draws data from existing IC calculation systems and other source systems. Aurochs provides flexibility to integrate the health check module with other IC calculation software with the help of in-built data management capability

Contact:
Rajendra Bhirud
+ 1 (267) 300 9083
marketing@aurochssoftware.com

Hear from Our Clients
Working with the Aurochs team has been a pleasure as they know the business very well and there was no need for long explanations on processes/calculations. They were very responsive, came up with suggestions for improvement where needed, and showed a lot of operational readiness and can-do attitude.
Sales Operations Specialist & Manager
Leading Biotechnology Organization
Aurochs team is very responsive, they deliver high quality in design and calculating payout schemes. They always run checks and throughout the project, they informed me in case of any discrepancy they found in legacy SIP calculations. Aurochs were able to implement our requirements in a short period of time.
Business Analytics & Insights Manager
Global Biotechnology Organization
I commissioned Aurochs for a research piece on sales incentives in rare disease therapy. Their insights helped attract and retain top talent of KAM for our EU launch. Aurochs delivered, iterated based on feedback, and influenced incentive schemes in launch countries. The project was valuable and met expectations.
Director, Customer Facing Excellence
Global Pharmaceutical Organization