PLEASANTON, CA — (Marketwired) — 05/06/13 — Callidus Software Inc. (NASDAQ: CALD), a leading provider of hiring, learning, marketing and selling cloud software, announced today a ground-breaking new solution for managing sales quotas and territories. The solution enables sales managers to easily establish accurate quotas and sales targets, bringing sales forecasts in line with actual revenues.
“For too long companies have been trapped in spreadsheets and people intensive manual target setting processes,” said Leslie Stretch, President and CEO, CallidusCloud©. “Quota and territory setting processes must be intimately linked and must be completed in minutes, not weeks, to avoid lost selling time. I am excited to announce our new solution that directly addresses the shortcomings of the current approaches to distribute goals to the field faster with greater accuracy.”
With CallidusCloud Quota and Territory Planning, Sales managers can easily configure territories based on client segments, industry verticals, geographies and product sales. Managers can assign territory coverage rules, forecast revenues based on flat amounts or percentages, and align figures with corporate-wide targets. The product also features workflow for executive approval.
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is a leading provider of cloud software. CallidusCloud enables organizations to drive performance and productivity across their business with our hiring, learning, marketing and selling clouds. From back office to the field, from desktop to mobile, we ensure organizations have the right tools to be more effective and perform better. The combined power of our clouds, our people, and our partners fuels growth, empowers the work force and delivers real value. CallidusCloud drives performance and productivity for over 1900 leading organizations. Small, medium and large enterprises across multiple industries and geographies rely on CallidusCloud for quicker hiring, simpler learning, better marketing, and smarter selling.
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Giles House
CallidusCloud
925-251-2200
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