Medical Mutual of Ohio Selects Callidus Software to Optimize Sales Performance Management
SAN JOSE, CA -- (MARKET WIRE) -- 09/04/09 -- Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced that Medical Mutual of Ohio has selected Callidus Software's Insurance Suite and Business Process Management Suite (BPM) to manage its sales performance, incentive compensation programs and broker onboarding processes. Under the agreement, signed in the third quarter of 2009, Medical Mutual of Ohio will use Callidus TrueComp® Manager, TrueInformation®, Callidus TrueProducer(TM) software applications and BPM solutions to automate the onboarding processes for its 14,000 brokers in seven states and pay their commissions.
The Callidus Insurance Suite provides a unique ability to manage producer information such as licensing, appointments and commissions in one automated solution. Health insurance is a dynamic industry that requires a flexible and scalable system to align sales strategy with corporate goals.
Medical Mutual of Ohio will benefit from the flexibility of Callidus' solutions to administer broker payments. Callidus TrueProducer(TM) module will integrate with National Insurance Product Registry (NIPR) to synchronize broker licensing and appointment information. With this, Medical Mutual of Ohio can easily manage producer data, including license and appointment information. The integration between the Callidus suite and the existing legacy system helps confirm regulatory compliancy requirements of individual brokers quickly and easily. This ensures compensation data is accurate and on time and meets regulatory license and appointment requirements.
Callidus' SPM software solutions are designed to deliver a high ROI in a very short period of time. They allow sales executives to make better incentive decisions, provide them timely visibility into channel operations and offer the flexibility to rapidly deploy new sales and distribution strategies and tactics.
For more news on sales performance management and pervasive performance management, follow Callidus on LinkedIn, Facebook and Twitter.
About Callidus Software®
Callidus Software (www.callidussoftware.com) (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Performance-based compensation is one of the largest investments for all companies. Callidus' customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning Software-as-a-Service (SaaS) applications set the standard for pervasive performance management across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.
About Medical Mutual of Ohio
Founded in 1934, Medical Mutual of Ohio is the oldest and largest health insurance company based in Ohio. The company serves its customers through high-quality, affordable group and personal health insurance plans, and third-party administrative services to self-insured group customers. For more information, visit the company's award-winning Web site at www.MedMutual.com.
© 1998-2009 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks, or registered trademarks of Callidus Software Inc. in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
Press Contact: Jock Breitwieser Callidus Software Inc. (408) 975-6683 [email protected]
NAIFA-Florida Installs New Leaders; Bridges Leads LIG Texas Office
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News