Kia Motors UK Goes Live With Merced Systems to Drive Incentive Compensation Management Visibility and Accuracy
Merced Systems extends its market position as largest ICM vendor in Europe
PR Newswire — August 4, 2010
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: