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Oracle Incentive Compensation

Oracle Incentive Compensation (OIC) is a global compensation management application designed for strategically managing rewards to cost effectively align, motivate and communicate to employees, while maintaining financial control. OIC allows organizations to connect sales incentives to business objectives to motivate workers (sales reps), 3rd party representatives, customers / suppliers, resellers and partners. OIC automates the complex task of modeling and calculating incentive payments.

Integrate and Streamline Your Business
Oracle Incentive Compensation is integrated with your relevant applications to optimize incentive calculations and allocations. As part of Oracle HCM, OIC integrates with your ERP, including Compensation Workbench and the Total Compensation Statement. As part of Oracle Sales, OIC integrates seamlessly with other Sales applications including Oracle Sales and Oracle Quoting. Bringing together the information you need to drive the behavior you want, OIC can help you leverage your resources to simplify and manage your compensation. OIC can be implemented with your E-Business Suite or as a standalone instance to integrate your disparate systems.

FEATURES AND BENEFITS

  • Increase Productivity
    Keep sales reps motivated with on time and reliable payments and direct access to compensation plans, calculations, and transactions.
  • Align Your Workforce
    Increase sales line of sight to corporate strategy to increase sales success rates.
  • Gain Flexibility
    Complete coverage for any compensation plan design. Plans can be quickly created, modeled, and rolled out to meet changing business needs.
  • Financial Control
    Manage administrative costs and gain visibility into your variable payouts. Support corporate governance initiatives.
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