The company will use NICE SPM to manage
retailers’ incentives
NICE (Nasdaq:NICE) announced today that Shaw Industries
Group, Inc., a subsidiary of Berkshire Hathaway, has selected NICE
cloud-based Sales Performance Management (SPM) to handle incentives
for retailers and retail sales associates. As part of the retailer
incentive project, NICE SPM will manage incentive planning,
calculations, rebates, retailers’ statements, reports, inquiries
and disputes.
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Shaw Industries chose NICE SPM over several competitors due to
its flexibility to adapt to its business needs, and ability to
address the complexity of its retailer incentive requirements.
Particularly, the Sales Support team at Shaw was looking for better
control and visibility over its complex rebate programs.
“After a very thorough review process, our team was confident
that adopting the NICE solution would allow us to better align
our retailers’ incentives with organizational goals. We believe our
partnership with NICE will provide an infrastructure to streamline
our processes and to optimize our retailers’ incentives,”
said Alan Hundley, VP, Residential Operations, Shaw
Industries, Inc.
“We are proud to have been selected by Shaw, a company
recognized for its high-performance standards,” said Yaron Hertz,
President, NICE Americas. “This further reinforces the flexibility
of our sales compensation system and its competitive advantage in
handling complex business rules based on multiple, real-time data
variables.”
About NICE SPMNICE Sales Performance Management (SPM)
helps large organizations manage sales compensation to improve
sales performance. NICE SPM handles complex incentive compensation
management (ICM) needs, automates sales operation processes,
manages territories and quotas, and delivers sales performance
analytics. For more information, see
http://www.nice.com/engage/incentive-compensation-management.
About Shaw IndustriesShaw Industries Group, Inc. offers a
diverse portfolio of carpet, hardwood, laminate, resilient, tile
& stone flooring products, synthetic turf and other specialty
items for residential and commercial markets worldwide via its
brands Anderson, Patcraft, Philadelphia Commercial, Shaw Contract,
Shaw Floors, Shaw Hospitality, Shaw Sports Turf, Southwest Greens,
Tuftex, USFloors and more. Headquartered in Dalton, Georgia,
Shaw is a wholly owned subsidiary of Berkshire Hathaway, Inc. The
company employs more than 20,000 associates with offices; R&D,
manufacturing, warehousing and distribution locations; product
showrooms; and/or salespeople throughout the U.S., as well as
Australia, Belgium, Brazil, Canada, Chile, China, India, Mexico,
Singapore, United Arab Emirates, and the United Kingdom. For more
information, visit http://shawinc.com.
About NICENICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking StatementsThis press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Hertz, are based on the
current beliefs, expectations and assumptions of the management of
NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20170227005562/en/
NICECorporate Media ContactErik Snider, +1 551 256
5274erik.snider@nice.comorInvestorsMarty Cohen, +1 551 256
5354, ETir@nice.comYisca Erez +972 9 775 3798, CETir@nice.com
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