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Callidus Software Introduces TrueComp 3.5

Callidus Software, an industry expert in Enterprise Incentive Management (EIM) solutions for enterprise customers, has announced the latest versions of its TrueComp and TruePortal products. TrueComp 3.5 includes the addition of the first industry-specific Data Mart, which greatly enhances reporting and analysis capabilities by having readily accessible, accurate data in a database schema that is conducive to simplified and faster report generation. In addition, the latest version of TrueComp reduces dependency on IT with easier maintenance and provides integrated security, greater scalability and improved performance.

Announced in tandem, TruePortal 3.5 provides advanced reporting tools securely integrated with the TrueComp Data Mart and a graphical, Web-based user interface to launch all Callidus solutions. This updated version of TruePortal also contains increased security features including support for the industry standard Lightweight Directory Access Protocol (LDAP) for enhanced centralized security management.

The combination of the TrueComp 3.5 Data Mart and the advanced reporting capabilities of TruePortal 3.5 allows companies to quickly and easily make informed business decisions based on knowledge of key performance indicators such as units sold, revenue and gross margin. With a company's most relevant compensation data available through the Data Mart, users can use TruePortal 3.5 to easily perform higher-level analysis via any industry-standard reporting software or in-house reporting systems.

"We provide our customers with the most powerful compensation management solutions available today," said Reed Taussig, president and CEO of Callidus. "Announcing the first enterprise compensation-specific Data Mart, along with the other key enhancements to TrueComp 3.5 and TruePortal 3.5, maintains Callidus' position as the leading EIM software vendor."

Key benefits of TrueComp 3.5 and TruePortal 3.5 include:

• Enhanced Reporting and Analysis: Enables business executives and compensation analysts to turn operational data into knowledge data and captures key performance indicators used for incentive compensation management. Users can easily perform higher-level analytics using any industry-standard business intelligence reporting software,
• Easier Maintenance: The use of a Data Mart reduces dependency on IT resources by requiring minimal changes in reports when upgrading to new versions of software. In addition, the use of an industry-standard ETL tool, automates transfer of data from TrueComp repository into the Data Mart,
• Integrated and Centralized Security: Authorizes and authenticates individuals based on users and roles, regardless of where they are in the organizational hierarchy,
• Greater Scalability and Performance: Capitalizes on clustered report servers, enhancing scalability, availability and performance of these reports.

With over 90% of enterprise companies using some type of incentive-based pay and experiencing a 5-10% error rate in that pay, effective compensation management becomes a crucial element in improving a company's bottom line. More importantly, businesses are using incentive compensation as a strategic weapon to gain market share through mind share. Callidus enables enterprises to align the behavior of sales people, employees, distributors, retailers and channel participants to corporate objectives and shareholder value. Callidus' product suite, led by TrueComp and TruePerformance, extends the benefits of EIM from sales and channels to all employees, resulting in a dramatically increased return on investment. Callidus' EIM suite is easy to access, use and manage, allowing the right people to be paid the right amount, on time, every time.