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Date Posted: 9/17/2013

Sales Compensation Management Provider CellarStone, Acquires Business Intelligence Analytics Provider webKPI


CellarStone, Inc., a premier provider of sales commission solutions, will add webKPI Business Intelligence Dashboards and Analytics for Key Performance Indicator (KPI) reporting to its Easy-Commission and QCommission Product Suite.
 
 
San Mateo, California – May 8, 2013. CellarStone, Inc, a leading provider of cloud based sales
compensation management solutions, has announced that it has entered into an agreement to acquire
webKPI, LLC. The webKPI suite of cloud based SaaS solutions that include Business Intelligence
Dashboards, Benchmarking & Valuation and Peer Benchmarking Services, will be added to CellarStone’s
solution suite that includes Easy-Commission, QCommission and QXchange, to empower companies to
manage their products and services process from inception through sales commission payment.
Together, CellarStone and webKPI will deliver a comprehensive cloud offering for organizations to
manage their sales compensation needs, while also providing greater business performance focus on
factors driving Key Performance Indicators in areas such as clients, products, services, sales reps and
related costs. The combined solution offering will empower managers to effectively drive sales incentive
compensation management by providing sales reps and accounting with solutions to ensure the accurate
and timely calculation of commissions. In addition, the webKPI platform will provide business owners
and managers a powerful business intelligence capability to drill down into sales data by client, product,
sales rep and region.

“Sales compensation management has become a strategic initiative for many organizations trying to
relieve the pressures of tracking commissions with tools such as Excel,” said Gopi Mattel, President and
CEO of Cellarstone Inc. “webKPI’s award winning knowledge in applying Key Performance Indicators to
business intelligence dashboards is an important addition to the CellarStone SaaS sales commission
solution suite.”

“CellarStone has done a tremendous job developing seamless connectors using the CellarStone QXchange technology to extract data from a variety of accounting and business operations solutions to support their robust commission calculation platform. It was critical for the growth of webKPI to secure more information highway on-ramps and pull more data from a variety of business system into the webKPI
business intelligence platform. In addition, the opportunity to address unique pain points in the business
community made the opportunity to partner extremely exciting. CellarStone’s integrated cloud-based
commission management solutions optimize how organizations develop and reward their most critical
asset – their people. webKPI provides the business intelligence dashboards to help companies navigate
their most critical KPIs,” said Steve Peterson, President and Co-Founder of webKPI. “Joining forces with
CellarStone and an extremely talented team gives us the opportunity to better serve, expand and grow
our customer base.”

About CellarStone: CellarStone, Inc. is one of the premier companies offering products and services in the Sales Compensation arena. CellarStone works with IT, Finance, Human Resources and Sales to manage and implement variable pay and sales commission systems. CellarStone’s QCommission has been successfully implemented for companies in many industries including, Retail, Banking, Staffing, Manufacturing, Consulting, Investment Management, Insurance, Medicare and many others. For more information please visit www.qcommission.com, www.qxchange.com, www.easy-commission.com and www.cellarstone.com.
 


----------------------------------------------------------
Press Contact Info:
Joe Lindsey
CellarStone Inc
Phone: 6502420008
Email: Joe_Lindsey@cellarstone.com
Website: www.cellarstone.com


About CellarStone Inc
CellarStone, Inc. is one of the premier companies offering products and services in the Sales Compensation arena.

 


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