Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that Blue Cross Blue Shield of North Carolina (BCBSNC), has selected the Callidus Monaco Suite to manage sales performance and incentive compensation programs. Under the enterprise class SaaS agreement, signed in the third quarter of 2009, BCBSNC will use the Callidus Monaco Suite for its 4,000 brokers.
"We continue to see strong momentum in all our lines of business," said Jeff Saling, senior vice president of global sales at Callidus Software. "The adoption of Callidus Software's SaaS solutions at the large enterprise level shows that the on-demand revolution is on fire and no longer a mid-market phenomenon."
The Callidus Monaco Suite provides an end-to-end performance management platform. It enables businesses to optimize the entire sales lifecycle from sales on-boarding, to quota and plan deployment, and payment. This helps deliver a high ROI in a very short period of time. The company's solutions give actionable insight into sales execution and channel operations thereby providing the tools to fine-tune sales performance.