On February 22, 2023, Performio, a leading provider of incentive compensation management (ICM), announced the launch of its latest product, Analytics Studio. This powerful tool empowers Performio customers to gain dynamic insights into their compensation data and generate business recommendations.
By using predictive artificial intelligence (AI), Analytics Studio generates insights into payable and attainment trends by team, territory, or products, providing valuable information to inform and enhance quota, territory, and comp recommendations. Moreover, it reports on estimated compensation payables based on a customer's current pipeline in their CRM system, which helps them better plan and manage company-wide commission payouts.
Performio customers can utilize Analytics Studio to create custom views into their data, build executive reporting visualizations, and instantly gain insights into their business. The tool's natural language questioning feature makes exploring data and creating charts easy.
Moreover, dashboards and interactive reports can be aggregated at any level. The data exploration and drill-down capabilities allow customers to uncover new insights, detect outliers, identify trends, and inform decision-making.
Manager dashboards provide sales leaders with an understanding of team performance, thereby driving better results. Meanwhile, participant dashboards deliver intuitive and clear information to sales representatives and other commission-compensated employees to help them validate their commission payments and understand compensation plans.
About Performio
Performio is a leading Incentive Compensation Management provider that propels business performance through its highly capable product, a top-notch team committed to delivering world-class service, and an extensive history of sustained global success. The company's product has been embraced by numerous prominent global enterprises and growing mid-market companies worldwide, including Vodafone, Abbott Laboratories, Johnson & Johnson, Draeger, Nexstar, Optus, Wedbush Securities, Toll Brothers, and WP Engine. The feature-rich cloud application offered by Performio empowers enterprises to automate their sales compensation calculations, enhance transparency to their sales representatives, and confidently adapt to changing market conditions.