Ventelo Selects Callidus Software Suite for Norwegian Sales Performance Management
Leading Nordic Telecommunications Company to Standardize on Callidus Platform
SAN JOSE, Calif., July 30, 2008 — Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that Ventelo has selected the complete Callidus Software SPM Suite to manage sales performance and incentive compensation programs for all of its direct and indirect sales channels located in Norway. Following the recent merger of Ventelo and Bantele, Callidus Software will provide a single enterprise SPM platform for all sales channels across the entire group in Norway. Under the agreement, signed in the second quarter of 2008, Ventelo will use Callidus’ TrueComp® Manager, TrueResolution®, TrueInformation® and Callidus TrueAnalyticsTM software modules to automate commission processes to all sales channels and to provide critical sales analytics to all senior management from sales through to product management.
In challenging economic times and faced with unprecedented competition, companies are pursuing new ways to drive revenue and optimize profitability. Sales performance and pervasive performance management are the untapped levers to bring these strategies to life. Callidus’ solutions help companies align corporate objectives with sales strategy. Together, they unlock a company’s ability to combine sales and incentive compensation with key aspects of employee performance management.
Callidus’ SPM software solutions deliver a high ROI in a very short period of time by allowing sales executives to make better incentive decisions, providing timely visibility into channel operations, and giving them the flexibility to rapidly deploy new sales and distribution strategies and tactics.
About Callidus Software®
Callidus Software (www.callidussoftware.com, NASDAQ: CALD) is the leading provider of on-premise and on-demand Sales Performance Management (SPM) solutions to global companies across a broad range of industries. Our software allows innovative enterprises of all sizes to strategically manage incentive compensation, set quota targets, administer producers, and align territories, resulting in improved sales and distribution performance. Over 1.8 million salespeople, brokers, and channel representatives have their sales performance managed by Callidus Software’s products.
Ventelo is an independent telecommunications operator delivering a complete range of services with Telephony, Mobile and Internet to enterprises and end users in the Nordic countries. For more information, visit Ventelo on the Internet: http://www.ventelo.no
© 1998-2008 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks, or registered trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
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