Spiff Inc. Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Spiff Inc. Strengths, Domain Expertise, and Key Differentiators

SPIFF, which stands for “Sales Performance Incentive Fund” provides software that creates trust across the organization by delivering real-time automation of commission calculations and motivates teams to drive top-line growth. With a combination of an intuitive UI, real-time visibility, and seamless integrations into current systems, Spiff is attractive to high-growth businesses. Spiff’s sales compensation platform enables finance and sales operations teams to self-manage complex incentive compensation plans and provides transparency for sales teams. With a focus on user experience, real-time visibility, and adaptability, Spiff is not just a software platform; it's a catalyst for growth, empowering businesses to navigate the complexities of modern sales environments with confidence and efficiency.

Spiff Inc. Recent Developments

In 2022, Spiff's move to integrate the Commission Estimator into Salesforce AppExchange showcases a strategic alignment with the growing demand for streamlined sales processes. This development is more than just a technological integration; it's a testament to Spiff's commitment to innovation and responsiveness to industry needs. The Commission Estimator, designed to simplify the quoting process, is a pivotal tool that empowers sales professionals by providing real-time insights into potential commissions based on quote configurations. This integration aims to motivate sales teams earlier in the sales process, underscoring the importance of informed decision-making from the outset.

Spiff Inc. Mergers and Acquisitions (M&A) Activities

The acquisition of Spiff by Salesforce is a strategic move set to close in the first quarter of Salesforce's fiscal year 2025. This move underlines Salesforce's commitment to enhancing its Sales Performance Management solutions by integrating Spiff's capabilities. The infusion of Spiff into the Salesforce ecosystem is not merely an acquisition; it's a strategic alignment to provide customers with an advanced platform for transparent compensation management, aligning behaviors with strategic outcomes.

Spiff Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Spiff Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Spiff Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Spiff Commission Designer customers.

Spiff Inc. Key Enterprise and Cloud Applications

Spiff Commission Designer

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Spiff Inc. Direct vs Indirect sales

Spiff Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Spiff Inc. Customers

No. of Spiff Inc. Customers: 1000

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Spiff's customer base is a testament to its global appeal and industry-wide relevance. The company has successfully onboarded some of the most prominent names in the tech industry. Qualtrics, Emburse, Podium, Weave, Bitglass, Workato, Sendoso, HireVue, Lucid—the diversity in its clientele showcases Spiff's ability to cater to the unique needs of businesses spanning various sectors.

Spiff Inc. Market Opportunities, M&A and Geo Expansions

In 2023, Spiff the leading sales commission software, has secured a $50 million Series C fundraise led by Salesforce Ventures, signaling a new era in the realm of revenue and sales organizations. This infusion of capital is set to propel Spiff to greater heights and usher in a transformative phase with the introduction of Spiff Designer, a revolutionary model builder poised to redefine commission automation for Finance and Revenue teams.

Spiff's recent funding and strategic investments position the company at the forefront of the IT industry's transformation. With a recent injection of $46 million in Series B funding, led by Lightspeed Ventures Partners and featuring investments from tech giants like Salesforce Ventures and Stripes, Spiff is poised to redefine the landscape of sales performance management. In this analysis, we delve into the opportunities that lie ahead for Spiff, focusing on both horizontal and vertical market potentials, expansion into new regions, and the integration of cutting-edge technologies.

Spiff Inc. Risks and Challenges

PayIt exclusively markets its product within the United States, catering to a singular industry. The company faces a competitive landscape characterized by numerous contenders.

Spiff Inc. Ecosystem, Partners, Resellers and SI

The collaboration between Spiff and NetSuite marks a significant milestone in the realm of cloud integration. Sales Commission by Spiff, having achieved the prestigious 'Built for NetSuite' status in 2021, empowers enterprise financial teams to revolutionize the management of variable compensation. Moving away from the era of manual spreadsheets, Spiff for NetSuite offers an integrated solution that automates the entire commission process. This move to the cloud ensures that organizations can streamline operations, providing sales teams with unprecedented visibility into the commissions process.

In April 2022, Spiff released new functionality in its sales commissions platform, including integrations with widely used finance and HR platforms such as Workday, Sage, and Xero that enable finance teams to close the books faster so they can spend more time on strategic priorities. The new integrations empower finance teams to streamline their commissions process and save time to focus on their people and overall financials.

Spiff's recent inclusion in the Salesforce AppExchange exemplifies the industry's commitment to harnessing the power of the cloud. Cloud computing has become the backbone of modern IT infrastructures, offering businesses the flexibility, scalability, and accessibility needed to thrive in the digital era. The integration ensures a seamless flow of data between Spiff and Salesforce, fostering real-time collaboration and enhancing overall operational efficiency.

Spiff Inc. Cloud Infrastructure Insights

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• Spiff Inc. Public Cloud and Infrastructure (IaaS)
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• Spiff Inc. Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: