CaptivateIQ Announces Groundbreaking Commissions AI Solution, CaptivateIQ Assist, to Revolutionize Incentive Compensation Management

SAN FRANCISCO, June 27, 2023 /PRNewswire/ -- CaptivateIQ, a leading incentive compensation management (ICM) solution, announced CaptivateIQ Assist, a cutting-edge commissions AI solution designed to transform the way businesses manage their compensation processes. This innovative addition to the CaptivateIQ platform provides the opportunity to deliver a 10x performance boost, streamlining workflows and providing users with moments of delight and intelligence.

CaptivateIQ Assist represents a significant milestone in the company's commitment to innovation and customer success. With a focus on solving the pain points experienced by compensation administrators, payees, and businesses, CaptivateIQ Assist integrates seamlessly into the existing workflow, reducing the need for manual calculations and labor-intensive tasks.

The announcement of CaptivateIQ Assist comes on the heels of CaptivateIQ's recognition as a Strong Performer in Forrester's recent report, "The Forrester Wave™: Sales Performance Management Platforms, Q1 2023." CaptivateIQ received the highest possible scores for data management, calculation processing, and product vision, which the business feels solidifies its position as a market leader in ICM solutions.

Key features and benefits of CaptivateIQ Assist include:

"At CaptivateIQ, innovation is at the core of everything we do. We understand the challenges faced by our customers in managing incentive compensation, and with CaptivateIQ Assist, we aim to provide a transformative solution that simplifies and enhances the entire process," said Mark Schopmeyer, Co-Founder and Co-CEO at CaptivateIQ. "We're confident that CaptivateIQ Assist will further solidify our position as the go-to platform for ICM."

CaptivateIQ Assist's AI capabilities will be seamlessly integrated into the CaptivateIQ platform, the single source of truth for their customers' compensation data. By leveraging the power of AI, businesses can unlock unprecedented efficiency, accuracy, and performance in their compensation management processes.

Learn more about how CaptivateIQ Assist is poised to revolutionize the future of incentive compensation management with AI.

About CaptivateIQ
CaptivateIQ is the agile commission solution that empowers companies to confidently run effective incentive compensation programs. With its powerful SmartGrid™ calculation engine, real-time visibility, and key insights, CaptivateIQ saves time and unlocks the potential of finance, operations, and sales teams to adapt and optimize their commission plans. Headquartered in San Francisco, the company is backed by tier-one investors including Sequoia, Accel, ICONIQ Growth, Sapphire, Bessemer, Foundation Capital, Workday Ventures, and Y Combinator.

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SOURCE CaptivateIQ