ElevateHQ

ElevateHQ

Automate any sales commission plan in minutes

5.0
2 reviews

667 followers

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
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Launch tags:Sales
Launch Team
AssemblyAI
AssemblyAI
Build voice AI apps with a single API
Promoted

What do you think? …

Apoorv Singh
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?
Kevin William David
Congrats on the launch, Folks. How long it would realistically take to get a commission plan up and running?
Apoorv Singh
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
Nacho Franchini
@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 Singh
Thanks @ifranchini , been there myself :) Still carrying scar tissues from the botched up commission calculations
Sameer Sanagala
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 Singh
Thanks @sameer_sanagala . It is turning out to be a pretty big Niche :) Yes, it does manage affiliates' commissions too
Nick Anisimov
Thank you for that excellent solution! Best of luck to you all!
André J
Im probably not the customer, but just out of curiosity what's a commission plans?
Apoorv Singh
@sentry_co glad you asked. It's the plan that describes how sales people will be compensated based on their performance. You could also call it the variable pay plan. Looks simple on the surface, but it can get frustratingly hard to track and manage pretty quickly
André J
@apoorv_singh5 Yeah so I have heard. Esp when sales are more complex and might happen later indirectly etc. As they often do 😅. Great problem to solve!
Andrei Costea
Looks awesome! Congrats on the launch! 🚀🥳
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