Discover the latest software purchases and digital transformation initiatives being undertaken by Proofpoint, Inc and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2613 Proofpoint, Inc employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Proofpoint, Inc has purchased the following applications: Xactly Incent Enterprise for in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Proofpoint, Inc is running and its propensity to invest more and deepen its relationship with Xactly or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Proofpoint, Inc revenues, which have grown to $84.3 millions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Proofpoint, Inc intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
About the Customer
Proofpoint is an enterprise security company based in Sunnyvale, California that provides software as a service and products for inbound email security, outbound data loss prevention, social media, mobile devices, digital risk, email encryption, electronic discovery ("eDiscovery”), and email archiving. It claims over half of the Fortune 100 as users of its solution.
Scope and Challenges
Built on the world’s most advanced intelligence platform, Proofpoint is on a mission to detect and block targeted attacks to help brands eliminate threats and risk. However, a spreadsheet-based approach was exposing the company to significant risk within its own sales compensation program. With a fast-growing sales team with hundreds of reps, Proofpoint needed a solution that would deliver better visibility, a clear audit trail, and fast, accurate payments.
Using Xactly Incent Enterprise™, Proofpoint now has an automated system for all of its compensation initiatives and data. Plans can be easily rolled out in a matter of minutes, and new reps are quickly onboard – giving the company the agility to move with the fast-paced dynamics of their business. Applying Xactly Analytic, the company is now able to shift the time formerly spent just calculating commissions and auditing numbers to reporting and looking at the business more strategically. Today, everyone from sales ops to the C-Suite has quick access to the intelligence they need to inform better planning and sales forecasting. Moreover, they have confidence in the numbers, reducing questions and sales disputes
Outcome and Implications
Xactly has not only enabled Proofpoint’s sales operations team to improve accuracy and productivity but has empowered sales reps as well. Integrated seamlessly with Salesforce CRM, reps have a clear picture of their selling environment and can estimate deal structures to maximize their compensation potential. And with Xactly on their mobile devices, they have complete transparency into their payments, enabling them to spend more time selling, rather than shadow accounting and manually calculating commissions
“We reviewed other commission tools and Xactly blew them out of the water. With Xactly on their desktops and mobile devices we have seen a definite change in sales rep behavior - they are focused on selling rather than shadow accounting. If a deal closes today, it’s reflected in their dashboard tomorrow. The speed and accuracy have given them a great level of comfort.” –said Mitchell Waltz, Senior Commissions Analyst at Proofpoint, Inc.
|Vendor||Old Product||New Product||Category||Market||Users||VAR/SI||When||Live|
|Xactly||Legacy Applications||Xactly Incent Enterprise||Sales Performance Management||SPM||n/a||n/a||2016||2017|
|First Name||Last Name||Title||Phone|
|Subscribe||Subscribe||Director, Sales Strategy, Planning, & Operations||Subscribe||Subscribe|