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April 06, 2006
Varicent and Northwest EIS-OLAP Form Strategic Partnership to Drive Improved Sales Performance

(Toronto, ON) – Varicent Software Incorporated, a leader in incentive and sales performance management (SPM) today announced that it has entered into a strategic partnership with Northwest EIS-OLAP, a leading and internationally respected business and technology consulting firm that enables companies to achieve world-class business performance. Under terms of the agreement, Northwest EIS-OLAP will be an implementation partner on Varicent's Sales Performance Management deployments to improve the performance of clients' business intelligence (BI) and Online Analytical Processing (OLAP) infrastructures.

"BI systems have tremendous potential to help companies run smarter, by providing real-time insight into operations. But rarely do the companies using these systems successfully leverage the underlying technology to effectively manage sales performance," said Thanh Hoang, President of Northwest EIS-OLAP. "Varicent provides a robust, flexible calculation engine for variable-based pay design and management, and its rich reporting and dashboard capabilities enable clients to do on-the-fly analysis of their sales and incentive metrics. This powerful combination extends the benefits of BI and OLAP, thereby dramatically enhancing the value companies can see through their investments in these types of systems."

"Varicent provides the necessary functionality for managing the complex and manual-intensive process of calculating variable-based pay," stated Marc Altshuller, Varicent's Executive Vice President of Sales. "Using our solution, Northwest EIS-OLAP customers will see an immediate and substantial benefit to their existing BI environments, and will gain valuable insight to their sales and incentive plans. With its focus on enhancing efficiency and improving business performance, Northwest EIS-OLAP is an ideal partner for Varicent, and we are excited to work with them to provide our joint customers with the best in Sales Performance Management."

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 Northwest EIS-OLAP

Northwest EIS-OLAP is a privately held consulting firm specializing in the delivery of highly customized business intelligence (BI) and analytical applications. Based out of Vancouver, WA, the company leverages industry-specific knowledge, thought leadership skills and technical expertise to design and deliver highly customized business intelligence and analytical applications that enable clients to gain a true competitive advantage from better access and analysis of their corporate information. For more information on Northwest EIS-OLAP, please visit http://www.nweisolap.com.

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