Setting up whole commission plans has become super easy with our prompt-based designer! * Clean and connect your data with simple prompts * Type out your commission rules and look at commissions in an instant * Voila! Magic
Hello fellow enthusiasts, this is Apoorv.
This launch is close to our heart because it solves a real pain for all finance & revops professionals who are stuck with managing sales commissions on spreadsheets.
Now, just to be clear - there are other products that already exist that can help automate sales commissions. Including us. But they (we) all have the same problem -
1) You need to clean your sales data first. Bad data = Wrong commissions. Problem is, our users don't want to use SQL or logical statements to clean their data.
2) You need to create logic flows to automate all the commission rules, and the gazillion edge cases that come with it. And God forbid, you change your commission plans (which you often will) - you have to do everything all over again.
These challenges effectively make all the existing tools pretty much 'not self-serve' :(
--------
You basically need the vendor to set everything up for you :(
--------
That's why we decided to re-think everything from ground-up. We are using the power of generative AI to do all the heavy-work for you. Just copy and paste your commission policy, and let AI do the rest:
1) Clean your CRM and Accounting data, and arrange it in the way you want - ready to be used for commission calculations
2) Create the full logic flow of your commission plan, including the handling of all the edge cases
<<<< Introducing the world's first prompt based commission designer >>>>
It's not an AI assistant, it's an AI first tool built to make it 10X easier to automate and launch commission plans for sales teams.
Built with love by this incredible team @kartik_arora3@gittysachin@darvesh@aishvarya_gupta@gopikrishna_@akilesh@vikas_goswami2@sourabh_r_sagar@suraj_k2@tushar_kshatriya
Take it for a spin?
Report
Hunter
📌
Congrats on the launch, Folks. How long it would realistically take to get a commission plan up and running?
Thanks, @kevin . The data cleansing + logic automation part is a matter of minutes now. Users can enter prompts to describe the data format & commission logic, and the system will automate it in real time
That said, it might still take a day or two to match the system output with actual commission data- to ensure everything is working as expected.
This results in massive time saving from the existing process that takes anything between 2-4 weeks
Congrats on the launch, team! Sales commission sounds like a great niche to build a product in the crowded "CRM" space. Does this also work for managing affiliates?
@apoorv_singh1 back in the day, when I have to match commissions to my sales reps, I used to spent at least half a day trying to do it. This is really solving a problem a lot of people have. Wishing you the best with this adventure
Congratulations on the launch. Keep up the good work
@apoorv_singh1 Congratulations on listing ElevateHQ on product hunt.
I love the UX and design of the product. Such an amazing sales compensation platform. Highly recommend.
Congratulations on the launch! 🚀 Love how you guys identified what was missing and found an intriguing solution. I can see this being helpful for finance and sales professionals.
Congrats on the launch! ElevateHQ is really an amazing product that could reduce the pain of calculating commission plans. Just out of curiosity, if I may ask whether it is possible that AI makes a calculation error?
Report
@itsalicelee Great point. Yes, there's always a possibility for AI to make mistake. That's why our system simply allows the AI to propose the commission logic / workflow. There are two fail-safe built here:
1) The user can review the logic to make sure it's accurate
2) The user can then run that logic on historical commission data, and verify if the numbers add up.
Only when they are confident, they make it live :)
ElevateHQ
ElevateHQ
NotionApps
ElevateHQ
SigmaRemote
ElevateHQ
Upscale: The Sales Engagement Platform
ElevateHQ
Videodeck
ElevateHQ