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ASC 606 Compliance: Choosing a Commission Expensing Solution

Salesforce

Gone are the days when commission, bonuses, and incentive pay were accounted for as direct expenses. With all the complexities of ASC 606, your commission expensing process is more critical than ever. Using Excel or another type of commission spreadsheet has a couple benefits. But which process is best?

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Google Ad business faces breakup after being charged with EU antitrust violations

Search Engine Land

Following a lengthy investigation, the European Commission suggested that “mandatory divestment” is the only way the search engine can resolve the issue. Why we care: If Google does sell part of its ad business, it could mark the start of a new digital marketing era with a more competitive market and fairer pricing.

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It’s Not the Wild West: 12 Tactics to Make Your Price Negotiations Smooth and Successful

Salesforce

There’s no better feeling than closing a deal after a tough price negotiation. In this article, we’ll show you how to perfect that skill — complete with 12 price negotiation tactics used by reps across industries. What you’ll learn: What is price negotiation? Why are price negotiations important?

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What Are Sales Channels? (and How to Pick the Best Ones)

Salesforce

For example, each of your channels needs a pricing strategy. By using revenue management software, you can leverage data and analytics to plan, set, and optimize the pricing across sales channels. Save time by embedding products, pricing, and rules in a policy-aligned partner portal with approval workflows and discount controls.

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70 Words That Win: Sales Terms Every Rep Should Know

Salesforce

Commission The payment a sales rep receives when they make a sale, often a percentage of the sale. The data points can include demographics, engagement history, content consumption, and other buying signals (requesting a demo, asking about pricing, or attending an event).

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29 Questions to Ask While Researching Sales Incentive Software

Salesforce

So, you’ve sworn off commission spreadsheets and realized that sales incentive software will vastly improve efficiency, transparency, and your personal sanity. There’s no shortage of sales commission software on the market, and trying to discern all their operational differences can result in a serious case of information overload.