Private Equity Portfolio
Cloud-based incentive compensation solutions for employee and sales performance management.
Xactly Corporation develops cloud-based, enterprise-class incentive compensation solutions that enable employers to design and automate compensation plans which align employee incentives with business goals. The Company’s SaaS solutions optimize sales performance, employee behavior, and strategic decision making while reducing risk and error rates in compensation calculations. Xactly is the first fully cloud-based, multi-tenant provider focusing solely on the incentive compensation and employee and sales performance management markets. The Company’s solutions are used by customers in industries which include financial services, travel / hospitality, life sciences, media & internet, communications, business services, high-tech manufacturing, software, and more.
Xactly was founded in 2005 and is based in San Jose, CA, with operations worldwide.
Vista Equity Partners Fund VI completed a take private of Xactly in July 2017.
Obero is a cloud-based sales performance management (SPM) solution that helps organizations streamline sales planning, execution, and optimization processes. It provides organizations with a single unified application that supports the end-to-end sales performance lifecycle, including management of sales and revenue, workforce and capacity, incentive management, and compensation accounting. Obero allows companies to capture, track, and report commission data at the level needed for capitalizing commission expenses under the new ASC 606/IFRS 15 guidelines. Its comprehensive functionality supports company-wide collaboration in optimizing high-performance strategies.
Xactly acquired Obero in February 2018.
AlignStar is a leading provider of territory sales management software for businesses around the world. The Company gives customers of all sizes the ability to visualize potential, analyze performance, optimize territory design, and manage field resources to maximize results. AlignStar serves over 2,000 customers across a variety of industry verticals including life sciences, financial services, technology, manufacturing, and pharmaceutical.
Xactly acquired AlignStar in August 2017.