NetSuite Inc., an on-demand business software provider for small- and midsized businesses, unveiled new features for its CRM application, CRM+. The new features are a part of the incentive compensation add-on module, and will allow a user to track multiple quotas, forecasts and commission plans, and apply them against additional metrics.
"This announcement marks the death of the Excel forecast," said Zach Nelson, chief executive officer of NetSuite, in a statement. "Simple, single-metric quotas and forecasts are rare in any sized business, but the sales force automation tools offered -- both on premise and hosted -- can't handle this basic requirement."
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