Varicent - Press Releases

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(Toronto, ON) – Varicent Software Incorporated, a leader in incentive and sales performance management (SPM) solutions announced today that Pacific Blue Cross has chosen Varicent Sales Performance Management (SPM), Enterprise Edition to better align incentive plans with corporate performance objectives.

"The Varicent solution enables us to rapidly calculate our variable-based pay plans across our company," stated John Crawford, Senior Vice President, Financial Services. "The solution will help us maximize selling and operational behavior by providing more transparency to our incentive programs."

"Varicent offers the industry's most comprehensive Sales Performance Management solution, designed to scale to the specific and complex requirements of large organizations like Pacific Blue Cross," said Alka Gautam, vice president, marketing, Varicent. "Varicent automates the entire incentive compensation cycle --from input and calculation through to tracking and refining, approval and final payment -- and provides our customers with the functionality they need to better manage sales performance and make informed business decisions."

About Varicent

Varicent Software Incorporated is a leading provider of Sales Performance Management (SPM) solutions.  Varicent’s flagship product, Varicent SPM, enables organizations across multiple industries to effectively design and mange incentive pay calculations across the company.  Varicent SPM is a web-based solution built on Microsoft’s .NET framework, and its patented rules-based calculation engine can manage the most complex compensation plans. Varicent’s homepage is http://www.varicent.com.

About Pacific Blue Cross

Pacific Blue Cross is British Columbia's leading provider of extended health and dental benefits, a position they've proudly held for more than 65 years. They are leaders in British Columbia through their comprehensive knowledge of unique regional health benefit needs, a thorough understanding of the health care system and an innovative response to the changing health care needs of Canadians.

As the province's largest benefits provider, Pacific Blue Cross processes more than 15 million claims annually. The health benefits of their nearly two million members and dependents are provided through more than 8,000 employee group plans for businesses, governments, unions and associations, and through individual plans. For more information on Pacific Blue Cross, please visit http://www.pac.bluecross.ca.