SunGards iWorks Enterprise Incentive Management (EIM) tool received a Positive rating in Gartners MarketScope for Insurance Incentive Compensation Management Applications.
SunGard was one of eight vendors evaluated for the report and received the highest rating given to a vendor, Positive. The Gartner MarketScope evaluation is based on a weighted evaluation of a vendors products in comparison with the evaluation criteria.
SunGards iWorks EIM is a comprehensive distribution management and incentive compensation management software exclusively for the insurance industry. iWorks EIM aligns a company’s business objectives and corporate revenue targets to an enterprise incentive plan and requisite sales activities.
iWorks EIM calculates and pays all forms of sales compensation including commissions, variable pay and bonuses. It manages producer licensing and contracting, supports evolving distribution hierarchies and provides consolidated reporting and analytics via dashboards on sales performance across all channels and product lines.
We are very pleased to have been rated Positive by Gartner and view it as a reflection of the strength of our iWorks incentive compensation management solution, says Greg Webber, president, insurance business, SunGard.
The continued success of iWorks EIM is attributable to its customer-focused development, its global capabilities leveraging SunGards footprint and the supporting business expertise leveraging SunGards consulting resources.
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