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Callidus Announces CRM Deal With Thrivent Financial

September 21, 2006
Callidus Announces CRM Deal With Thrivent Financial. Check it out:

Callidus Software (News - Alert) Inc., a vendor of Enterprise Incentive Management, has announced that Thrivent Financial for Lutherans, which is, evidently, "the nation's leading fraternal benefit society with nearly 3 million members," has selected Callidus' TrueComp Manager and TrueInformation software modules to "automate the organization's administration, reporting and analysis of incentive compensation."



 

So if anybody asks you "Hey, what's the nation's leading fraternal benefit society?" today, you're ready for 'em.

Thrivent Financial officials says they chose the Callidus Software to "reduce operating costs and to improve time to market with new products and compensation changes." The organization will implement Callidus Software's TrueComp Manager and TrueInformation software modules for its 2,500 financial representatives.

Thrivent and its subsidiaries offer financial services including insurance, annuities and mutual funds, as well as a broad range of educational and volunteer opportunities.

"We believe that the TrueComp EIM software will provide better support for our sales teams, support our cost reduction goals and provide significantly improved reporting and analysis capabilities to help us better monitor our business," said Mark Coleman, vice president, field administration of Thrivent Financial.

In related news, Callidus has announced the appointment of V. Holly Albert as senior vice president, general counsel and corporate secretary. Albert is responsible for all corporate legal affairs relating to Callidus, and reports to Robert Youngjohns, president and CEO.

Albert joins Callidus from Docent Inc., where she was vice president, general counsel and corporate secretary. Prior to that, Albert served as vice president, general counsel and COO at Tradenable, Inc., an Internet financial services company. Previously, Albert held executive positions at infoUSA.com and also worked with Honeywell for 16 years serving as the general counsel for Honeywell-Measurex Corporation and prior to that position as division legal counsel for Honeywell Inc.

EIM software products are used to allow employees and channel distribution partners to be compensated accurately and on time.

"Thrivent Financial is positioned to achieve improved alignment of incentive compensation with member engagement, a key metric for a fraternal benefit society," explained Leslie Stretch, senior vice president worldwide sales for Callidus Software.

David Sims is a contributing editor for TMCnet. For more articles please visit David Sims’ columnist page.




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