The report evaluates Incentive Compensation Management (ICM) applications from ten vendors providing three main functions for insurers: compensation plan setup, maintenance and calculations; distribution management and hierarchy management; and reporting.
According to the author of the report, Steven Leigh, “Global ICM has grown during the past several years into rich functional areas for insurers to pursue. Growth continues to be driven from lines of business, markets and regions with the most complex regulatory requirements, compensation contracts and distribution channels”.
The ICM applications in the MarketScope report are evaluated based on the following criteria:
The report notes that VUE Software’s Incentive Compensation Management suite provides a range of functions related to sales and onboarding, including lead management, billing and enrollment, and producer productivity; and also improves interoperability with CRM for lead management and tracking. VUE Software rated as a Promising vendor in last year’s report. Factors that contributed to the advancement to a Positive rating in Gartner’s 2010 MarketScope include the continuing growth of the company, implementation experience and overall value.
“We’re very pleased with the conclusions of this report,” said Stephen Bruno, President and CEO of VUE Software. “The ‘Positive’ rating from Gartner is an affirmation of the investments we’ve made in our insurance market solutions. We’re confident that the growth and recognition achieved by VUE Software this year will help us continue the expansion of our solutions to meet the most pressing challenges our clients face.”
Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. We deliver the technology-related insight necessary for our clients to make the right decisions, every day. For more information, e-mail firstname.lastname@example.org or visit www.gartner.com.
About CSSI and VUE Software®
VUE Software® is the product division of Computer Solutions and Software International dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software’s solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com.
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
VUE Software® is a registered trademark of Computer Solutions & Software International, Inc. All other registered trademarks, trademarks or service marks belong to their respective companies.
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