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Integration With Source Systems

Submitted by daniel26 on April 10, 2006

Category: Technology
Words: 3130 | Pages: 13
Views: 206
Popularity Rank: 55,631
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Best Practices
I N T E G R AT I O N W I T H S O U R C E S Y S T E M S
TABLE OF CONTENTS
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Types of integration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
• The three points of integration
• The three types of integration
• What is Meta Data?
Typical steps followed by organizations that use
MS-Excel today to calculate variable compensation . . . . . . . . . . . . . . . . . . . . . . . . . . 5
How Varicent works . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Other data considerations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
• Conclusion
BEST PRACTICES – INTEGRATION WITH SOURCE SYSTEMS 2
INTRODUCTION
In moving compensation management from a spreadsheet environment to being
application based, Varicent SPM seeks to provide a faster, more effective method of turning
information collected into processed compensation payments available for review, dispute
resolution and payment. At the same time, Varicent SPM provides the analytics necessary to
help organizations evaluate, simulate and make informed decisions that will maximize profit.
For example, Varicent can help evaluate which types of incentives will properly compensate
our top producers, push sales of our most profitable product lines, and maximize our
channel revenue.
In many cases, Varicent SPM must collect information from two or more source systems to
assist in these objectives. Systems might include:
1. General Ledger
2. Payroll System and or Human Resources Information Systems (HRIS)
3. Customer Relationship Management System (CRM)

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