Case Study: Pendo accelerates compensation growth and scale with Xactly

Pendo achieves a 5-day close with Xactly

Pendo, a product analytics platform founded in 2013, faced challenges scaling its incentive compensation processes to match its rapidly growing sales force. The administration of commissions became complex and time-consuming as the team expanded. To address this, Pendo partnered with Xactly Corporation, implementing Xactly Incent to automate and improve their compensation programs and workflows.

Using Xactly Incent along with Xactly Commissions Expense Accounting (CEA) and Connect, Pendo streamlined compensation management, enhanced transparency for sales reps, and improved financial reporting. The solutions provided significant time savings, enabled compliance with accounting standards, and helped the finance team move toward a 5-day close period. Xactly's tools also created an auditable system supportive of Pendo's growth objectives and potential path to an IPO.

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