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Compare Performio vs Varicent Software

Customers evaluate the quality of Performio's products using the following success metrics.

Overview

Performio Logo

Performio is 18 yrs old and is based in United States.

Performio offers sales performance management software for businesses. The company's cloud application enables enterprises to automate their sales compensation calculations, provide transparency to their sales reps, and adapt to changing market conditions with confidence. The company was founded in 2006 and is based in Irvine, California.

Varicent Software is 21 yrs old and is based in Canada.

Varicent is a sales performance management software company. The company offers an enterprise solution and a mid-market solution for companies that often face different compensation and management challenges. It was formerly known as IBM - Sales Performance Management Business. It was founded in 2003 and is based in Toronto, Canada. In November 2019, Varicent was acquired by Great Hill Partners and Spectrum Equity.

Founded Year

Country

United States

Demo Video

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Leadership

David Marshall (Founder)

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Marc Altshuller (Chief Executive Officer, President)

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Funding

Performio last raised $13M on 9/12/2023.

Stage

Acquired Unit - Fin

Total Raised

Investors

CIBC Innovation Banking, JMI Equity

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Spectrum Equity, Great Hill Partners

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Product

Why Performio beats Varicent Software

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    Benefits

    • Improved sales rep satisfaction through better transparency
    • Reduction in errors in administering sales comp
    • Reduction in time spent managing commissions

    Products

    • Performio

      Eliminate the pain of calculating sales comp, easily communicate sales comp to reps and management, and accurately report on sales performance with Performio's sales commission management software.

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    Customers

    Performio works with 5 known companies.

    Known Partners

    Why They Buy

    Performio did not submit their references in their Analyst Briefing

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