01.05.2006 14:12:00
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Vodafone Australia Calls on Callidus TrueComp Enterprise to Power Its Dealer Channel Commissions
SAN JOSE, Calif., May 1 /PRNewswire-FirstCall/ -- Callidus Software Inc. , the industry leader in Enterprise Incentive Management (EIM), today announced that Vodafone Australia, a 100% owned subsidiary of Vodafone Group Plc , the world's leading mobile telecommunications company, selected the TrueComp(R) Enterprise solution by Callidus Software to manage incentive compensation programs for its dealers in Australia. Under the terms of the agreement, Vodafone Australia will be able to use the Callidus modules TrueComp Manager, TrueInformation(TM) and TrueResolution(R) for its 3,500 payees in Australian dealerships.
The software provides proper audit and controls for compliance requirements and reduced operating expense. It also allows Vodafone Australia to achieve faster time-to-market with new products and compensation changes. Callidus Software's TrueComp Enterprise solution will provide Vodafone Australia with the flexible, future-proof solution for its enterprise incentive compensation that it needs in this highly competitive and growing market.
"Callidus Software was clearly our number one choice for the solution," explained Dave Boorman, Vodafone Australia's CFO. "Callidus is already playing an important role for mobile operators in other markets, which provided us with confidence in their ability to provide outstanding products and services that our business demands." Continued Dave Boorman, "Vodafone is a major player in the Australian mobile communications market and our decision to enhance our commission system by employing technology from Callidus Software will help us deliver on this promise to our dealers and customers."
Callidus' TrueComp solution will replace Vodafone Australia's existing compensation management system to streamline operations, enable modeling and forecasting and increase flexibility for the implementation of incentives. The Callidus Software solution will standardize business processes and software across the company to keep teams aligned with business objectives, help drive revenue and optimize profitability. Employees of Vodafone Australia will enjoy the advantages of TrueComp, which substitutes costly and time-consuming manual efforts with the automation afforded by the market's leading EIM software solution, all while aligning Vodafone Australia's incentive compensation with its business goals.
"Vodafone Australia recognizes the value of aligning incentive compensation with corporate strategy, affording them a strategic advantage in a fiercely competitive environment," said Robert Youngjohns, president and CEO of Callidus Software. "Our solutions link execution to corporate strategy. They support Vodafone Australia's goal to drive revenue and profitability."
About Callidus Software
Founded in 1996, Callidus Software (http://www.callidussoftware.com/) is an industry leading Enterprise Incentive Management (EIM) provider to global companies across multiple industries. Callidus' EIM systems allow enterprises to develop and manage incentive compensation linked to the achievement of strategic business objectives. Through its TrueComp(R) Grid architecture, Callidus delivers the industry's only EIM solution that combines the power and scalability of grid computing with the flexibility of rules-based interface. Customers/Partners include 7-Eleven, Accenture, CUNA Mutual, HP, IBM, Philips Medical Systems, Sprint Nextel, Sun Microsystems, Time Warner Corporation and Wachovia. Callidus is publicly traded on the Nasdaq under the symbol CALD.
About Vodafone
Vodafone Group Plc is a leading mobile communications company. Vodafone has equity interests in 27 countries, and partner networks in a further 15 countries -- leaving an unmatched network footprint. The company provides quality services to 3.45 million Australian customers and has more than 179.3 million proportionate customers worldwide.
NOTE: VODAFONE and the Vodafone logos are trade marks of the Vodafone Group. Other product and company names mentioned herein may be the trade marks of their respective owners.
Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Datamart, TrueComp Grid, TrueComp Manager, TrueInformation, TrueIntegration, TruePerformance, TrueReferral, TrueResolution, TrueService and TrueSupport are trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
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