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Callidus' Monaco Solution Drives Sales Performance at Philips Electronics

By Rajani Baburajan
TMCnet Contributor

Callidus Software, a provider of Sales Performance Management (SPM) solutions, announced that Philips (News - Alert) Electronics, a diversified, global health and well-being company, is using Callidus Monaco On Demand SPM suite to drive the performance of its sales organization.

Under the terms of the agreement signed in the third quarter of 2011, Philips Electronics will implement the Monaco Sales Performance SaaS (News - Alert) solution including TrueComp Manager, Quota Management, Objective Management, Sales Communications, and Reporting & Analytics modules.

Delivered as part of the Callidus Cloud, the Monaco On Demand SPM suite is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle from the foundation of strong sales performance to improved campaign execution to high frequency coaching and development.

The software features Callidus' 100 percent multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics.

Earlier in August, Callidus announced Monaco Summer 2011, the latest version of its demand SPM suite for managing the lifecycle of the sales professional to maximize sales effectiveness.

Monaco continues to gain momentum around the world with its unbeatable combination of ease of use and flexibility, all delivered as part of Callidus Cloud 100 percent multi-tenant SaaS infrastructure, according to company officials.

Recently the company announced it has signed a new deal with a leading global technology provider to deliver its Monaco On Demand SPM suite to help the company maximize their sales effectiveness. The agreement was signed in the third quarter of 2011.