Merced Systems, Inc. Announces Partnership with OpenSymmetry
Merced Systems and OpenSymmetry will collaborate on delivering Sales Performance Management solutions to companies worldwide
Redwood Shores, CA, October 21, 2008 — Merced Systems Inc., the leading provider of sales and service performance management software, today announced its global partnership with OpenSymmetry, an independent consulting company specializing in Sales Performance Management (SPM). The companies will collaborate to deliver comprehensive compensation and sales performance management solutions to companies looking to more effectively align sales force behavior with company objectives.
Merced Incentive Management, Merced Systems' core Incentive Compensation Management (ICM) application helps sales organizations coordinate behavior change across the operation through strategically aligning individual employee incentives with corporate strategy and revenue goals. The partnership between Merced Systems and OpenSymmetry will allow joint customers to further maximize the value of their Sales Performance Management solution at every stage — from building a business case to efficiently implementing Merced Incentive Management.
"Companies with large sales forces are seeing the business imperative for implementing more powerful, flexible, and aligned incentives," said Mark Selcow, President of Merced Systems. "Merced Incentive Management provides companies with a strong, scalable solution which supports business agility and rapid administration, and the ROI is even stronger when coupled with the deep expertise of Open Symmetry. We're proud to have them as a strategic partner."
"We have increasingly seen a need in the market place for software solutions that confront companies' complex compensation and sales performance challenges," said Rob Blohm, Director of Business Development at OpenSymmetry."Our partnership with Merced Systems will enable us to introduce our clients to a market leading solution which helps organizations improve sales force motivation and execution against corporate goals through effective compensation plans."
About OpenSymmetry
OpenSymmetry is a leading independent consulting and integration firm that offers highly specialised services focused on delivering Sales Performance Management (SPM) solutions to clients worldwide.
Through a full range of services, OpenSymmetry enables organizations of all sizes to maximise the value of their SPM solution. Based in Austin, Texas and London, UK, OpenSymmetry is the only independent consulting company with a global network of highly skilled consultants dedicated to SPM.
OpenSymmetry has alliances with leading software vendors including Callidus Software, Varicent, Oracle and Xactly, as well as consulting firms such as Accenture. Clients include Barclays, HSBC, ING, Sybase and Vignette.
About Merced Systems, Inc.
Merced Systems is the leading provider of sales and service performance management applications focused on improving operational effectiveness of sales forces and service organizations across a range of vertical industries. Merced Systems' award winning products serve Global 2000 customers, and include advanced analytics and reporting, incentive compensation management, coaching and other performance execution applications. With a strong track record of growth and delivering business impact to its customers, Merced Systems has been profitable for the past 5 years. Merced Systems is a privately held venture capital-based company headquartered in Redwood City, CA , with major operations in the UK . For more information on Merced Systems, please visit www.mercedsystems.com.
