Fiserv, a prominent financial services and technology company, faced growing complexity in managing sales compensation across multiple business units. Relying on spreadsheets made it difficult to maintain consistency, ensure fairness, and give leaders visibility into overall compensation spend and performance.
To bring structure and efficiency to the process, Fiserv implemented Varicent Incentives. The platform provided the flexibility, transparency, and reporting capabilities the company needed to centralize and automate compensation management.
"The reason we chose Varicent is because of its flexibility,” says Dennis McKenzie, Director of Sales Compensation. “My users love it because it provides information at their fingertips they couldn’t get before."
With Varicent, Fiserv now has a single source of truth for compensation data and plans to expand the platform globally, creating consistency, efficiency, and confidence across the organization.
Watch the story below to see how Fiserv created a transparent, centralized compensation process with Varicent.
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