Kennect provides a sales performance management platform that automates the calculation and administration of sales incentives, significantly reducing errors and administrative workload. By offering real-time visibility into incentive earnings and performance metrics, it enhances transparency and empowers sales teams to optimize their strategies.
Funding
$700K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Calculating and administering sales incentives using traditional methods like spreadsheets is often error-prone and time-consuming. This can lead to inaccuracies in payouts, increased administrative overhead, and a lack of transparency for sales teams. The inability to quickly analyze performance data and adjust incentive structures further hinders sales optimization.
Solution
Kennect provides a sales performance management platform that automates the entire sales incentive process, eliminating manual calculations and reducing errors. The platform offers a user-friendly interface for importing and managing large datasets, along with a flexible scheme builder for creating customized incentive plans. By providing real-time visibility into incentive earnings and performance metrics, Kennect fosters transparency and empowers sales representatives to optimize their sales strategies. The platform also includes features for managing queries and exceptions, maintaining a centralized audit trail, and integrating with existing CRM and ERP systems.
Target Audience
Kennect is designed for complex enterprises, sales leaders, finance and compliance teams, and operations teams seeking to automate incentive compensation management, improve sales performance, and gain actionable insights.
Features
- Automated calculation of sales incentives, reducing errors and administrative workload
- Real-time visibility into incentive earnings and performance metrics for sales teams
- User-friendly interface for importing and managing large volumes of sales data
- Flexible scheme builder for creating customized incentive plans without rigid templates
- Automated query management and exception handling with in-app workflows and audit trails
- Incentive simulator allowing reps to fine-tune strategies and see direct earnings impact
- Gamified experience through in-built leaderboards to foster healthy competition
- Integration with popular CRM and ERP systems like Salesforce, Workday, Netsuite, SAP, Amazon Redshift, Microsoft SQL Server, Oracle, and Snowflake
- 'What-If' analysis for finance teams to project various scenarios and optimize budget allocation