What does spiff stand for in sales?
Sales Program Incentive Funds
Spiff stands for Sales Program Incentive Funds. It is incentive program companies and businesses use to drive sales. When merchandise is not selling well, or if inventory items need to be sold or cleared, the company runs a campaign.
What is spiff app?
Spiff is a cloud-based commission management solution that facilitates automated reconciliations to businesses of all sizes. Core features of the platform include a real-time commission portal, automated recommendations, personalized performance dashboards, events tracking and more.
Does spiff integrate with Salesforce?
Spiff Launches on Salesforce AppExchange, The World’s Leading Enterprise Cloud Marketplace. More than two-thirds of Spiff customers use Salesforce as their customer relationship management (CRM) platform and the integration enables Spiff users to import data directly from Salesforce to the Spiff platform.
Why is it called spiff?
Spiff stands for “Sales Performance Incentive Fund” (spelled with an extra “f” for some reason in some cases). It’s a short-term, incentive-based initiative meant to motivate sales representatives.
What does spiff up mean?
Smarten up and spiff up both mean to improve in appearance often by making more neat or stylish (“the tailor smartened up the suit with minor alterations”; “he needed some time to spiff himself up for the party”).
What is a spiff day?
The idea of spiff days – days when incentives are offered to sales people hitting specific sales targets – is a simple one.
How much does Captivateiq cost?
Compare CaptivateIQ Pricing Against Competitors
| Product name | Starting price ($) | Billed |
|---|---|---|
| Online Check Writer | 4.99 | per month |
| Supermetrics | 19 | per month |
| Drag | 10 | per month |
| Lokalise | 90 | per month |
Can you track commissions in Salesforce?
Step-by-Step Guide to Simple Commission Tracking in Salesforce. Though it is not built perfectly for the purpose, Salesforce can be used to track commission more easily than you might think.
Does salesforce have a commission module?
Salesforce will allow you to set up custom fields, calculate formulas and configure some dashboards and reports. But that won’t allow you to manage commissions except for the most simple cases. Anything more and you will need a full Salesforce development team.
Are SPIFFs illegal?
In 2007, the US Department of Justice labeled SPIFFs as kickbacks and illegal — at least for government purchases. NOTE: Don’t use a SPIFF if you sell to a government or tax-exempt organization unless you want to live dangerously. SPIFFs are taxable.