PaletteHQ

Calculate and pay sales commissions automatically

8 followers

Calculate and pay sales commissions automatically

8 followers

No more spreadsheets, no more headaches. PaletteHQ is a SaaS platform that makes it easy for B2B companies to calculate sales commissions and boost sales performance. Motivate your sales team thanks to clear goals and immediate rewards!

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Launch tags:Productivity•Sales•Fintech

Launch Team

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Sales Compensation Hub

Maker

Thank you Nicolas! Thrilled to have been hunted by you! 🤩 Hello everyone! 👋 I’m Jean, co-founder and CEO at PaletteHQ. So happy to present Palette to the PH community!! We started working on Palette a few months ago and it’s been a crazy journey so far. In a few words, Palette makes it easy for B2B companies to calculate sales commissions and boost sales performance. We built a SaaS platform that non tech people can implement in a day, connect to their CRM, accounting software or ERPs, and calculate commissions automatically instead of using excel spreadsheets or BI tools. 🌱 How it started Last year, my team and I kickstarted a community for sales operations professionals - www.Operations.family. We then asked 500 sales representatives and account executives what they would like to change about their compensation plan. Guess what, the n°1 answer is “Being sure that commissions are calculated accurately” 🤯 Isn’t that crazy? It’s probably one of the most overlooked problems that, if solved, could bring immediate happiness and motivation to your sales team!! Did you know that 18% of employers don't report commission results to salespeople, and 47% are slow to process commission? Let’s not be that kind of company! 😍 The solution Palette is an automatic and easy way to provide clear and transparent commission statements & dashboards to your team. We’ve built an easy to set up, no-code commission management engine that can connect in real-time to CRMs, billing systems or databases, and automatically pull the data needed to calculate sales commissions. We currently have native integrations with tools like Salesforce, Hubspot, Close, Pipedrive, Sellsy, Quickbooks, Chargebee, Xero, Netsuite, Snowflake, Redshift, and many more. Also, we can build custom data connectors in a day, so hit us up if you don’t see your CRM or software in the list below. :) Once data sources are connected, you can design commission plans directly inside Palette, and implement any logic to calculate commissions automatically, even the most complex strategies! After commissions are calculated, you can easily push the information to your favorite HR or payroll system like Gusto, Bamboo, Rippling, or ADP. ✏️ How to get started? Our product is live! If you're interested in trying it out, or know someone who could be interested in Palette, leave a comment below or reach out to hello@palettehq.com! ❤️ We are always open to ideas and suggestions! Leave a comment below if you want to share your feedback! Thanks!! Jean, Fabien, and Jean-Yves

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5yr ago

Product Hunt Launch Checklist

@jelorillon I searched PalleteHQ on Google. 1st link to cvome up was Linkedin and 2nd was the Palette support.

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5yr ago

LLC Toolkit

@palettehq @jelorillon congrats on the launch! Any plans for gong.io integration?

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5yr ago

Sales Compensation Hub

Maker

@palettehq @eugenehp Hi Eugene, thanks for the feedback. What kind of information in GONG would you like to use to calculate sales commissions?

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5yr ago

LLC Toolkit

@palettehq @jelorillon import of closed deals should do.

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5yr ago

Forest

great idea @jelorillon i love it ! 🚀 I have worked in companies that were in a test and learn approach to structuring their commissions and avoiding side-effects (and so part of the commission was still discretionary). Would you say it is too early for these companies to automate commissions or does you product brings value at this stage as well ?

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5yr ago

Sales Compensation Hub

Maker

@guilhem_robert2 NOW is the time! for two reasons: (1) it's much easier to roll out new plans on Palette vs a spreadsheet (2) we have a feature exactly that purpose. It's a comparison tool that allows to compare&test multiple commission plans, and see what would be the impact on commission payouts. Happy to share more about it!

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5yr ago

Forest

@jelorillon sounds great ! I will definitely check it out !

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5yr ago

Algolia

Hunter

Managing sales commissions has always been a big headache at Algolia. Super excited to see an incredible team (including an ex Algolian who saw the problem first hand!) tackle the problem. You should try them out!

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5yr ago

Sales Compensation Hub

Maker

@dessaigne Thank you so Much Nico!! What a privilege to have been hunted by you!

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5yr ago

Game changer tool to manage sales teams' compensation at scale. We used to have many frictions calculating the commissions manually and ended conflicting with top performer employees. PaletteHQ created peace in our sales team

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5yr ago

Maker

@nathan_londadjim Thanks a lot for your support Nathan !!

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5yr ago

Sales Compensation Hub

Maker

@nathan_londadjim Thanks so much Nathan!

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5yr ago

Great idea and much needed product! We'll definitely need it when growing our sales team for our enterprise branch. Proud to see Le Wagon's alumni launch amazing products backed by YC. Congratulations @jelorillon !

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5yr ago

Sales Compensation Hub

Maker

@bpapillard Thank you so much Boris!! Proud and thrilled to bring LeWagon's community to PH and YC!!

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5yr ago

It’s about time someone found a solution for such complex calculations done via Excel ! Bravo @fabien_pinel @jelorillon @delmottejy

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5yr ago

Sales Compensation Hub

Maker

@fabien_pinel @delmottejy @nadine_sader Thank you Nadine!!

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5yr ago

I'm following Palette HQ from day 1 and I'm very impressed by what they have done so far and in such a small timeframe. This company is a rocketship. 🚀

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5yr ago

Sales Compensation Hub

Maker

@alexd WOW ! thank you for your kind words Alex!! Really appreciate 🙌

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5yr ago

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