HGP – Iconixx Unveils The ICM Stress Test
AUSTIN, Texas–(BUSINESS WIRE)–Iconixx, the industry leader in enterprise class Incentive Compensation Management (ICM) solutions, announced today a simple yet comprehensive test to gauge the speed, agility and strategic value of any Incentive Compensation System: The ICM Stress Test.
“Executives expect their ICM systems to deliver the same high performance they get from best in class enterprise SaaS, so we’re excited to unveil the ICM Stress Test as a simple standard companies can use to check the performance of their ICM solution,” said Brian Thompson, VP of Products at Iconixx. “To ensure normal compensation calculations will take minutes instead of hours, your ICM system should be able to process this data set in under one hour using a standard cloud production environment with no pre-processing, added costs or additional hardware for acceleration.”
The Incentive Compensation Management Stress Test100 thousand payees
- 20 million transactions
- 20 separate compensation plans
- 5 hierarchy levels of roll-up crediting
- 3 components per compensation plan
- 1 hour or less computation time
- 0 pre-processing, additional costs, extra hardware, errors, or gimmicks
“Implementing ICM with high performance in mind helps compensation teams truly drive competitive advantage, as the productivity gained by added speed and agility is applied towards forecasting, optimization, and future-state planning,” added Thompson. “The complexity of today’s compensation models should not be a problem for a high performance ICM system, cutting normal compensation calculations down from hours to minutes, and making it possible to execute analysis and strategic changes quickly.”
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