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50 Fastest Growing Companies Of The Year 2018

Helping Organizations Automate Processes and Inform Strategy to Make Every Stage of the Sales Cycle Better: CallidusCloud

thesiliconreview-leslie-stretch-president-ceo-calliduscloud-2018CallidusCloud is the global leader in cloud-based sales, marketing, learning, and customer experience solutions. It enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation — driving bigger deals, faster.

Bacon. Brass. Bucks.

Through years of experience and success, CallidusCloud’s vision has manifested into the Lead to Money suite. Allowing sales, marketing, finance, HR, and legal professionals to work together, it makes every stage of the sales cycle better.

With Over 6,400+ customers, 1,100+ global employees and 100+ Partners and Integrators, seven of the top 10 high tech and insurance companies and six of the top 10 telcos rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time. The company provides tools to automate key parts of the marketing and selling process – marketing automation, configure price quote (CPQ), territory and quota (T&Q), sales enablement, sales coaching, learning management, commissions, customer experience and incentives. Each product can be used as a stand-alone application or as part of a suite. It ensures tight integration between each product in the Lead to Money Suite – when used in conjunction; their impact is magnified and can have a revolutionary impact on a business’s sales productivity.

Top-Tier CallidusCloud Offerings

CallidusCloud equips sales and marketing professionals with the tools to reach more customers and close more deals faster:

  • Badgeville: Maximize employee performance and customer success with gamification service
  • Clicktools: Improve customer experience with actionable feedback
  • Commissions: Automate sales compensation
  • Configure Price Quote: Faster quotes for more money
  • Contract Lifecycle Management: Negotiate and close deals faster
  • Datahug: Collaborative forecasting and pipeline management solution, built for CRM.
  • Insurance Incentive Compensation: Incentive compensation for insurance
  • Litmos: Award-winning learning management system
  • Marketing Solution: Generate more engaged leads
  • MySalesGame: Drive behavior with gamification
  • Onboarding: Get your employees working for you quickly
  • Producer Pro: Simplify producer lifecycle management
  • Sales Enablement: Organize content for sales success
  • Sales Performance Manager: Coach to improve sales performance
  • SalesSelector: Hire top sales talent faster
  • Territory and Quota: Optimize sales territories and quotas:
  • Thunderbridge Analytics: Analyze the past, predict the future
  • Workflow: Accelerate your business processes

Applauds and Accolades:

  • CallidusCloud has received a 2017 SAP® Pinnacle Award as the ISV Partner of the Year, which recognizes its outstanding contributions as an SAP partner.
  • For the fourth time in a row, CallidusCloud is positioned among the leaders in the Gartner’s SPM Magic Quadrant.
  • CallidusCloud numerous awards at the 2017 American Business Awards, including Company of the Year and Fastest Growing Company of the Year.
  • CallidusCloud’s Litmos Tops G2Crowd’s ‘Best Software for HR Teams 2017’ List: G2 Crowd the world’s leading business solutions review platform, leverages more than 130,000 user reviews to drive better purchasing decisions. 

Case Studies

ACTIVE Network

The Challenge

Lack of visibility for commission payouts caused discontent and negatively impacted employee morale at ACTIVE Network. The commission's process, from data readiness to calculations and commissions statements was extremely time-consuming and manual. Extra work was required from Sales Operations to complete ad-hoc analysis, reporting and issue resolution.

The Solution

With CallidusCloud Commissions, time-consuming processes including the distribution of commissions and the collection of sales plans were automated and made incredibly streamlined, scalable, and transparent. Sales teams benefited from sufficient reporting and accurate commissions statements. They knew what they were paid, when, and why.

The ROI

Reduced process time from one week to 10 minutes

Allstate 

The Challenge

With five pay processing units and 24 incentive plans based on 140 different rules, utilizing 380 look-up tables and 1,000+ formulas, complexity is inherent in Allstate’s pay programs. For seven years, the company has used the on-premise version of CallidusCloud Commissions to pay its 11,000+ agencies with 100% accuracy and SOX compliance. However, the time had come to consider a cloud-based solution. Such a solution had to be implemented within a short timeframe, manage all the same plans and calculations and pay program complexity, automate processes, and be easy for users to adopt.

The Solution

Allstate partnered with Accenture to implement in phases the CallidusCloud SaaS solution for Insurance Incentive Compensation. After a successful first implementation, it laid the groundwork to go live at all 11,000+ agencies. The solution is already reducing the on-premise IT footprint and software licensing costs as well as eliminating many man-hours previously dedicated to monitoring, upgrading, and other maintenance activities.

Meet the Chief

Leslie Stretch, President, and CEO: Under Leslie’s direction, CallidusCloud has transformed into a recurring revenue-based business that is the leader in cloud and mobile Lead to Money solutions that help companies make more money, faster. He has been honored with many awards, most recently in 2016; Leslie received 5 honors from the American Business awards including the Executive of the Year award.

Prior to joining CallidusCloud, Leslie worked for Sun Microsystems for nine years. At Sun, he held the position of senior vice president of global channel sales and was the managing director of Sun Microsystems U.K. Ltd. Before joining Sun, Leslie held senior sales positions at Oracle Corporation U.K. and was instrumental in accelerating the growth of its Scottish and Canadian operations. Leslie holds a B.A. Honors degree in Economics and Economic History from the University of Strathclyde, Scotland and a Postgraduate Diploma in Computer Systems Engineering from the University Of Edinburgh, Scotland.

“Since the beginning, we’ve been interested in what drives behaviors and makes salespeople sell better. That curiosity has grown into the confidence and knowledge to not only automate compensation payouts but also inform strategy for your whole organization.”

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