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ASC 606 Compliance: Choosing a Commission Expensing Solution

Salesforce

Gone are the days when commission, bonuses, and incentive pay were accounted for as direct expenses. With all the complexities of ASC 606, your commission expensing process is more critical than ever. Using Excel or another type of commission spreadsheet has a couple benefits. But which process is best?

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U.S. FTC ban on fake, AI-generated reviews takes effect Oct. 13

Martech

Federal Trade Commission (FTC) ban on fake and AI-generated customer reviews takes effect on Oct. The effort started with an “advanced notice of potential rule making” in November 2022. Email: Business email address Sign me up! The final rule, which was announced in August, goes beyond a prohibition on fake product reviews.

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Measuring customer acquisition cost: Best of the MarTechBot

Martech

Sales expenses: Salaries, commissions, bonuses, and overhead costs for the sales team. Calculate total costs: Add up all the expenses gathered in Step 1 to get the total cost of sales and marketing. Also, please list up to three martech tools needed to measure marketing and sales costs, as well as other costs relevant to CAC.

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8 Things to Review Before Accepting a Sales Commission Plan

Sales Hacker

Sales compensation was set up to ensure that reps are suitably rewarded for their performance. It started with a simple approach: Here’s your quota? get paid commissions at 8%. get paid at 12% commissions. Don’t be hard on RevOps and finance folks for putting guardrails up. Do I get an advance on my commissions?

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How to Get New Sales Reps Cold Calling and Building Pipe Faster (Ask Jeb)

Sales Gravy

If youve ever hired a sales class or tried to ramp up new hires in an industry with complex products or strict guidelines, youll relate to Gaiuss dilemma. The question is, how soon can they start generating leads and setting up sales conversations? Shared Commissions Make sure new reps see a direct benefit.

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Why Google lost: The DoJ’s case in 11 slides

Martech

Market share The Federal Trade Commission defines a monopoly as “conduct by a single firm that unreasonably restrains competition by creating or maintaining monopoly power.” This one focuses on the company’s adtech business and is scheduled to start in September. Email: Business email address Sign me up! Processing.

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4 Reasons to Automate Your Sales Commission Process

Salesforce

The sales commission process plays an important role in motivating sales teams and therefore drives top line revenue growth — arguably the most important metric organizations track. There are many benefits to implementing sales commission software, but we’re going to focus on the four most important. Learn more 1.