Course Overview
This Oracle Incentive Compensation training is a three-day, hands-on course that teaches you how to create the components needed for a compensation plan and assign the plan to participants. Oracle Incentive Compensation accelerates the design, deployment, and modification of compensation plans to help you deliver on deadlines and leverage compensation as a competitive weapon.
This course is appropriate for Oracle Cloud deployments.
Learn To:
- Create a compensation plan.
- Assign the plan to participants.
- Verify transactions are being processed according to the plan.
- Monitor the plan.
Benefits to You
By taking this course, you will walk away with a fundamental understanding of how to create compensation plans using Oracle Incentive Compensation to align sales behavior to corporate goals. You will get a chance to practice creating a compensation plan and all the required components that are used. You will learn the difference between event and interval plans and how to create different compensation components to support your needs.
Who should attend
- Functional Implementer
- Technical Administrator
- Cloud Administrator
- Business Analysts
- Implementation Consultant
Course Objectives
- Identify the key concepts of Incentive Compensation that determine a successful implementation
- Implement an Incentive Compensation plan
- Verify the plan by entering data and performing common Incentive Compensation processes
- Identify how to monitor the plan
Course Content
Compensation Plans
- Performance measures
- Incentive formula
- Rate tables
- Objectives-based performance
Participants
- Roles
- Assignments
- Automated role assignment
Sales Crediting
- Crediting rules
- Credit allocation
- Rollup rules
Classification
- Classification rules
- Credit categories
Processing transactions
- Transaction types
- Processing a transaction
- Creating transactions
- Importing transactions
- Transaction assistant
Reports and analytics
- As-delivered reports
- Mobile analytics
Payment processing
- Pay sheets
- Payment plan