SCIOCompTM - how does it work?
The success of a sales force greatly depends on its skills and capabilities to adapt to a new market environment. It has become essential for sales teams to have access to technology that can explore and maximize the full extent of their potential. Our years of experience in analyzing and understanding Life Sciences data has helped us to develop our mature and tested SCIOComp solution.
The SCIOComp solution consolidates key incentive compensation components in a single integrated online portal, including target setting, approval workflow, payment curves, bonus calculations and multiple stakeholder sign-off whilst driving sub-national, country and HQ level collaboration, workflow and efficiency.
SCIOComp is designed to be linked to our central data infrastructure, SCIOIntelligence™, our fully-serviced data integration and analysis reporting platform providing a “one version of the truth” foundation for all Life Sciences business intelligence departments. SCIOComp comes with a simple, elegant and clean user interface.
- A full suite of incentive compensation plans for all sales and non-sales plans for all employees across multiple countries
- Tailored access for different users from plan administrators to auditors to signatories to payroll
- Extensive in-house expertise in target-setting and compensation plan design giving you complete process support and not just a tool kit
- Pro-active email alerts are delivered directly to the users mailbox to highlight areas which need immediate attention
- Variable hosting and deployment options available
- Comprehensive audit trail of the process flow, including change control ensuring approval at all necessary stages
- Sophisticated calculation engine with auditable breakdown by employee, by cycle and intuitive administration screens for plan management
- Minimise human error caused by uncontrolled or manual processes
- Pro-active email alerts are delivered directly to the users mailbox to highlight areas that need immediate attention
- Software-as-a-service – SCIO Life Sciences offers a service based approach to BI which enables us to scale the solution and make changes when required.