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Varicent Reviews & Product Details - Page 10

Varicent Product Details

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Varicent Media

Varicent Demo - The Forrester Wave™: Sales Performance Management Solutions for Incentive Compensation
Varicent is named a Leader in The Forrester Wave™: Sales Performance Management Solutions for Incentive Compensation, Q1 2025. Recognized for AI innovation, strategy, and execution, we earned the highest scores in 16 criteria. Visit Varicent.com to learn more.
Varicent Demo - Seller Views
Understand meaningful information in one glance for the month, the year and the performance at a component level. Answer questions like, "How much will I get paid?" and "When" to afford them more time to focus on selling.
Varicent Demo - Robust Planning
Leverage Varicent ICM to model compensation plans and understand the financial impact of changes. With the ability to more accurately forecast commission payouts with “what-if” assumptions, you can budget more effectively for sales compensation costs, manage target total compensation for sales re...
Varicent Demo - Reports and Dashboards
Varicent ICM’s Sales Portal capture your data for enhanced reporting capabilities. Seamlessly share consumable information through charts, graphs, and interactive displays and promote desired sales behavior.
Coburn Supply Company 
How did Coburn Supply Company streamline their sales compensation processes, reduce errors and improve data accuracy?
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Coburn Supply Company How did Coburn Supply Company streamline their sales compensation processes, reduce errors and improve data accuracy?
How did Fiserv tap into a more automated and strategic approach to sales compensation? 

Fiserv, a financial services and technology company, struggled with spreadsheets to manage their sales compensation needs.
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How did Fiserv tap into a more automated and strategic approach to sales compensation? Fiserv, a financial services and technology company, struggled with spreadsheets to manage their sales compensation needs.
Jordan's Furniture
How can a 100-year old company remain responsive to market demands? 

Jordan’s Furniture has a respected history in New England and is known for their quality, name-brand selection.
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Jordan's Furniture How can a 100-year old company remain responsive to market demands? Jordan’s Furniture has a respected history in New England and is known for their quality, name-brand selection.
How did ServiceNow enhance flexibility and adaptability in their incentive compensation strategy?

ServiceNow, a cloud-based workflow management company, needed a purpose-built solution to support their growth.
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How did ServiceNow enhance flexibility and adaptability in their incentive compensation strategy? ServiceNow, a cloud-based workflow management company, needed a purpose-built solution to support their growth.
Why Varicent? Customer Success Stories
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Why Varicent? Customer Success Stories
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569 Varicent Reviews

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569 Varicent Reviews
4.5 out of 5
569 Varicent Reviews
4.5 out of 5

Varicent Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"Good tool for incentive comp"
What do you like best about Varicent?

Over the past 5-6 years, Varicent has demonstrated significant advancements as an incentive compensation management tool. I have notes improvements in efficiency, with reduced processing times and an intuitive interface that simplifies report design.these enhancements contribute to enabling sales representatives to focus more on their sales activities rather than the intricacies of their incentive comp structures. Varicent has established itself as a good entity in its market segment, reflecting its commitment ti user-centric development and performance optimization Review collected by and hosted on G2.com.

What do you dislike about Varicent?

I am only a user, not an administrator. Sometimes we are wasting precious time trying to figure out why jobs failed overnight and such, which can be quite troublesome and lead to lack of trust from users, especially during critical times Review collected by and hosted on G2.com.

Verified User in Wholesale
AW
Enterprise (> 1000 emp.)
"Good Product, helpful Support"
What do you like best about Varicent?

Varicent is always making updates and improvements to the product. Their product is very flexible to build different programs. They solicit feedback from customers and focus on providing the most impactful improvements. They provide good training and resources. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

Not Varicent's fault, but I find it hard to adopt the newer features. We don't have the personnel required to explore the new features and have our own business requirements that take priority over the new features. Review collected by and hosted on G2.com.

Response from Paul Peters of Varicent

Thank you for being a Varicent customer! We think its a good product too, and am happy to read you are using it. Customers come to us with great ideas about how to improve and do things better. We like to make those updates for them, so I'm not sure if 3-4 large releases is a good thing, but I do know that when you have the right tools in place it makes your job a whole lot easier.

Thank you for taking the time to share your feedback with the G2 community. Thank you for being my client.

If you ever have questions, I am available.

Paul Peters

Verified User in Insurance
UI
Enterprise (> 1000 emp.)
"Assessing Varicent Software"
What do you like best about Varicent?

The Varicent software is intuitive and easy to use. The Varicent calculation engine provides accurate results and reduces errors and administrative tasks. The addition of AI to the product will aid in faster decisions and information analysis, increasing sales and stimulating growth.Performance can be a challenge for the Varicent software when handling complex calculations. However, this issue may be related to the structure of our calculations. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

Performance can be a challenge for the Varicent software when handling complex calculations. However, this issue may be related to the structure of our calculations. Review collected by and hosted on G2.com.

AR
Enterprise (> 1000 emp.)
"Friendly Company that Listens to Customers"
What do you like best about Varicent?

Varicent employees really great staff that are easy to work with and actually listen to the wants and needs of their customers. They are constantly implementing software update releases based on the requests of what their customers are asking for. The solutions offered are customizable to your company's needs and Varicent provides helpful training, workshops, and a community to help support you with your needs. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

My experience is specific to their Incentives solution, which does have a steep learning curve to use. You really need to have a good understanding of joining data and coding to be able to complete all work in house especially if your model and business requests are complex. Review collected by and hosted on G2.com.

CM
Senior Technical and Business Process Lead
Mid-Market (51-1000 emp.)
"Varicent is a responsive platform with responsive customer service"
What do you like best about Varicent?

Varicent is an easy to use system that provides tools and visibility for creating, tracking, and distributing a business process. Customer service and educational resources are always available and helpful to get what we need done. Varicent is effective and transparent about delivering a well packaged product. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

I am a new administrator so I do not have many complaints yet. There is a lot to learn about the system. Review collected by and hosted on G2.com.

SS
HR Manager
Small-Business (50 or fewer emp.)
"It will be super helpful if you have the more volume of sales plan and their calculations"
What do you like best about Varicent?

**The new `Plan Documents' feature is fantastic but the backend data is not available for them to use in the calculation area.

It can handle tons of calculations

Connecting multiple systems for data integration

You can check the results in every periodic manner efficiently.

Secured way of transforming the information to Paye Review collected by and hosted on G2.com.

What do you dislike about Varicent?

Nothing like dislike ..

there are areas to improve

1. reduce the calculation time

2. Need more advanced features for presenter adaptive report to avail

3. In reporting area, it could be more interactive for the payee and admin... I feel it is one-way communication right now Review collected by and hosted on G2.com.

MH
Enterprise (> 1000 emp.)
"Varicent cloud migration"
What do you like best about Varicent?

The on premise to cloud migration process was seamless,with minimal disruption to our daily operations, thanks to the partnership with the Varicent team. The regular meetings and project plans contributed to a successful transfer from the previous on premise system to the cloud-based Varicent SPM efficiently, ensuring continuity in operations. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

They could enhance their support ticket process by implementing a more streamlined system that prioritizes urgent issues and provides timely updates to customers. Our team follows up with them often after the initial acknowledge email. Improving their process would greatly improve the overall customer experience. Review collected by and hosted on G2.com.

Noel d.
ND
QE Automation Lead
Small-Business (50 or fewer emp.)
"Varicent - ICM"
What do you like best about Varicent?

I like the way the tool is structured, the UI, the navigation and overall user interface. The reporting structre is good and it performs the job efficiently and disllays the result, reports very well Review collected by and hosted on G2.com.

What do you dislike about Varicent?

The overall performance uncertainties. The full calc at times is super quick and at times takes an hour or more to complete.

I would also like to see a detailed documentation in the user guide section. The current documentstion isn't very elaborate. Review collected by and hosted on G2.com.

Alma B.
AB
Mid-Market (51-1000 emp.)
"Current User"
What do you like best about Varicent?

The process list has been helpful once we figured out how to do it. There are things we only do once a year and can easily forget and the process list helps. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

Sometimes it seems very slow. Alot of our work is very manual and sometimes it seems too many steps are required to do a simple thing. Our calculations can take 3-4 hours sometimes. Review collected by and hosted on G2.com.

Verified User in Banking
CB
Enterprise (> 1000 emp.)
"Compensation organized!"
What do you like best about Varicent?

Automated calculation of compensation. Designing and configuring calculations without developing overly complicated backend software tools. Lot of options to configure and customize the solution. Varicent is opening up paths and abilities to move data around and make the best use of data. Varicent goes above and beyond to value their customers, keeping them engaged with upcoming changes. The CSM is active and understands the issues and addresses the concerns in time. There are opportunities within the contract to seek expert services and consultation. Varicent has offered services in need of time and provides solution when facing cloud problems. Review collected by and hosted on G2.com.

What do you dislike about Varicent?

Sometimes we have seen performance delays and it all depends on data size too. Recent changes are a lot related to user experience on the front end but more work is required to optimize and make the comp engine more friendly for developers. Reporting improvements with smart templates adjusting to the data input would also be a great feature to have. Review collected by and hosted on G2.com.

Response from Paul Peters of Varicent

Jaspreet -

Thank you for being a Varicent customer! Guneet is working hard to make your life a five-star review in the future. Thank you for taking the time to share your story with the G2 community. It's customers like you who make Varicent a great place.

Paul Peters

Pricing Insights

Averages based on real user reviews.

Time to Implement

8 months

Return on Investment

22 months

Average Discount

10%

Perceived Cost

$$$$$
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Varicent Features
Compensation Statements
Plan Documents and Agreements
Individual and Team Performance Reports
Sales Org Performance Reports
Monitor Sales Rep Performance
Commission splits and overrides
Adjustments/Dispute Resolution
Comp Modeling - Ease of Admin
Comp Modeling - Design Flexibility
Customization
Performance and Reliability
Varicent