Visdum
About Visdum
Visdum Pricing
Free trial:
Available
Free version:
Not Available
Most Helpful Reviews for Visdum
1 - 5 of 14 Reviews
Sumit
Information Technology and Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed May 2024
Saves a ton of time, effort and hassle!
Visdum is a great tool for comp management and commission tracking. Its versatility in creating and administering commission plans, enabling administrators to effectively manage compensation throughout the payout cycle, from the initial routing of sales compensation plans via DocuSign to sales reps, through to the point where they earn their commissions and receive payment, right down to making journal entries to the accounting system, is remarkable.
PROSVisdum has surpassed expectations. Having worked with various comp tools over the last 5 years, Visdum stands out as the most user-friendly and adaptable option. It not only provides transparency for sales representatives but is also straightforward for sales leaders. It has very thoughtful features, such as the What-if calculator that they call "Estimator" (enabling reps to forecast potential earnings from future deals), an integrated ticketing system (the Dispute/Inquiry feature), customizable commission statements, reports, dashboards, and approval workflows.
CONSThere isn't anything specific I dislike about the tool. For those unfamiliar with Visdum and with excel/google sheets, the plan logic and formulas might initially seem peculiar, or certain features (like Reporting Engine) may appear challenging. However, with some training and familiarization, these features also become logical and straight forward.
Reasons for switching to Visdum
The primary challenge addressed by Visdum was the reliance on Excel sheets and calculators for compensation management. While it was possible to manage with those tools, the goal was to offer something more user-friendly and transparent for employees, enhancing their overall experience Excel didn’t give us any clarity into our commission calculations. Dispute queries between sales reps and finance were through the roof.
Pranali
Information Technology and Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed April 2024
Integrations, data management, flexible plan setup have made my life super easy
Visdum makes everything clear for our sales team. They can see how much they've earned, how close they are to hitting their targets, and even estimate future earnings. This clarity is great for keeping the team motivated and building trust in how we handle commissions. The seamless connection with Salesforce and NetSuite, and its clear, user-friendly approach make it an essential tool for us to manage sales commissions in a straightforward and effective way.
PROSAs a RevOps manager in a fast-moving SaaS company, what stands out to me about Visdum is how well it fits with our complex and changing needs.
CONSThe reporting functionality, although robust, can sometimes be less intuitive. Creating custom reports or extracting specific data insights requires a bit of a learning curve. Making the reporting tools more user-friendly and adaptable to complex queries without needing extensive training would greatly enhance expereince.
Reasons for switching to Visdum
Before Visdum, this was a tedious process done with spreadsheets, consuming far too much time.
Pooja
Information Technology and Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2024
Finally, a commission software that promises transparency and delivers it.
I can log in anytime to see exactly how much I've made, how close those deals got me to my goals, and even predict what future payouts look like. This kind of clarity really fires up the team to sell more knowing the rewards are clear and within reach. And it builds major trust that commissions will get handled fairly.
PROSVisdum lays everything out in the open with real-time access to my incentives and exactly how they're calculated. I never have to wonder what I'm working towards or if I'm getting paid fairly. I can log in anytime to check where my commissions stand, understand what sales or actions are driving my earnings, and clearly see what I need to focus on to hit my targets. No more hidden rules or complicated math impacting my pay.
CONSI would recommend there being more knowledge resources or nudges within the platform that could enable me to use the platform to the fullest.
Reasons for switching to Visdum
Excel didn’t give us any clarity into our commission calculations. Dispute queries between sales reps and finance were through the roof.
Nitin
Information Technology and Services, 51-200 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed April 2024
Visdum enables better than ever cross-team collaboration
The platform makes understanding and acting on compensation data a total breeze! Most importantly, my team’s job has become so much easier as both Finance and Sales teams also regularly use the platform. Visdum is easy to use and set up, their customer service team is absolutely phenomenal to work with.
PROSVisdum is a really intuitive platform that quickly got me up to speed on commissions and payouts in my RevOps role. After just two months of using Visdum integrated with our HubSpot data, I can now easily navigate statements, spot insights, and answer questions on sales opportunities.
CONSWhile the platform is great, the reporting tools need greater simplicity and agility to navigate custom inquiries, as creating tailored insights currently demands a steeper learning curve.
Reasons for switching to Visdum
I love how Visdum allows slick communication through approvals, queries/dispute resolution, uploading statements, and more right within one system. Our team uses Visdum daily, and their customer support is truly incredible. If I ask Visdum to customize any part of our workflow or reporting, the team gets back to me right away and puts the request at the top of their development queue. Whether it's enhancing analytics or streamlining approvals, the Visdum team has had my back.
Sneha
Information Technology and Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed April 2024
Great tool for tracking incentives
Visdum helps me get better transparency into my monthly incentive payouts. It sends alert notifications when new computations are processed by the admins.
PROSGreat tool for keeping track of your incentive earnings. Easy to use and looks nice, putting all your payout details in one spot. Visdum helps you stay organised with your money. Just log in and you're good to go. Customer support is fantastic. I use Visdum every week to check my incentive updates.
CONSNothing to say at the moment. I use Visdum on a regular basis.
Reasons for switching to Visdum
Visdum gives me visibility into past and future commission statements. While wYe use other tools for performance measurement, it also shows my progress against goals at a glance. I leverage Visdum to cross-check data in our systems and ensure accuracy. It serves as a reliable single source of truth. Using Visdum has been an all-around positive experience so far.