Kia Motors UK Goes Live With Merced Systems to Drive Incentive Compensation Management Visibility and Accuracy
REDWOOD SHORES, Calif. and LONDON, Aug. 4 /PRNewswire/ -- Merced Systems, the leader in sales performance management and service performance management solutions, today announced that Kia Motors UK – one of the world's fastest growing car manufacturers – has successfully implemented Merced Incentive Compensation Management.
Kia Motors UK has deployed Merced Incentive Compensation Management on time and within budget, to replace their existing manual-based and inflexible processes used to pay incentive support (bonus statements). Known internally as KIMS - Kia Incentive Management System – the Merced Systems solution will boost sales force motivation and performance by improving the speed, accuracy and visibility of support payments.
Merced Incentive Compensation Management will allow Kia to:
- View all payments online
- Download all recent and historical payments to Excel or PDF
- Gain visibility of bonus support earned in a vehicle one day after registration
- Effectively track queries
- Drive a greater level of accuracy
- More easily reconcile payments for dealers
"Kia Motors UK is delighted to have launched KIMS on time and within budget to ensure the accuracy of bonus payments across our dealer network and increase sales team productivity by providing real-time insight into incentive payments," said Simon Hetherington, marketing director at Kia Motors UK. "Merced Systems' proven implementation gives us added confidence as we roll out the solution to the rest of our dealer network over the next few weeks."
"We are excited to expand our footprint within the retail motor industry with such a progressive company as Kia," commented Brenda Morris, vice president - EMEA of Merced Systems. "Kia operates in one of the most competitive retail environments where excellence in customer service and sales is a prerequisite for sustained success. We have always been confident in our ability to provide an outstanding return-on-investment and are delighted Merced Systems has been chosen to ensure Kia continues to maintain its aggressive global growth through accuracy of incentives via its dealer network. As the most deployed vendor in Europe, Kia adds to the growing list of successful ICM implementations for Merced Systems."
About Merced Systems
Merced Systems is the leading provider of Sales and Service Performance Management applications focused on improving operational effectiveness of sales forces and service organizations across a range of vertical industries. Merced Systems' award-winning products serve Global 2000 customers, and include advanced analytics and reporting, incentive compensation management, coaching, and other performance execution applications. With a strong track record of growth and delivering business impact to its customers, Merced Systems has been profitable for the past seven years. Merced Systems is a privately held venture capital-based company headquartered in Redwood City, CA, with major operations in the UK. For more information on Merced Systems, please visit www.mercedsystems.com.