Austin, TX – August 20, 2008 – nGeneraTM Corporation today announced that it has partnered with The Cygnal Group to offer customers of nGenera’s Total Compensation SolutionTM an authoritative and independent analysis of their sales compensation plans.
Under terms of the deal, The Cygnal Group will provide compensation plan design services as needed to nGenera customers. These sales compensation plans, once optimized, can then be easily integrated into nGenera’s nGen CompensationTM SaaS-based suite for rapid deployment and maximum effectiveness.
“nGenera’s partnership with The Cygnal Group is an exciting step forward in our commitment to bring even greater sales compensation value to our customers. Their subject matter expertise and years of experience in the area of designing sales compensation plans is a real asset to customers interested in an independent assessment and optimization of their sales compensation plans,” said Vincent Salvo, Vice President of Global Partnerships and Collaborative Innovation for nGenera.
“Well-designed sales compensation plans only create value when they are administered and paid accurately, with clear reporting and timely pay delivery. We are pleased to partner with nGenera to deliver a more complete solution to companies needing both improved plan designs and a world-class compensation management solution,” said Donya Rose, Managing Principle for The Cygnal Group.
nGen CompensationTM is the first total compensation and pay-for-performance software delivered on demand, based on service-oriented architecture (SOA). This market-changing product includes the most robust and flexible rules engine for all forms of compensation – capable of scaling beyond 100,000 payees and 100 million transactions. nGen Compensation is a multi-client, SaaS environment with no hardware or upgrade costs and simple monthly subscription models, which enable the fastest ROI.
The Cygnal Group has years of experience in aligning sales results with business imperatives through the design of sales compensation plans that motive and reward the right sales focus. Clients include Home Depot, Thomson, Verispan, Red Hat Software and many other leading companies.
nGenera Corporation is an on-demand platform for business innovation that provides a suite of subscription-based offerings to enable the Next Generation Enterprise. Powered by software and people, nGenera’s on-demand offerings give organizations sustainable, breakthrough capabilities in leadership performance, talent management and development, and customer experience. Customers that subscribe to the company’s on-demand solutions include a marquee list of Global 2000 companies in a range of industries.