Forma.ai vs Varicent Incentive Compensation Management
Forma.ai
forma.ai
Varicent Incentive Compensation Management
varicent.comSide by side
| Figure | Forma.ai | Varicent Incentive Compensation Management |
|---|---|---|
| Price from | — | $56/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 3 | 2 |
| Spec score · Commission Software | 8.2 (#1) | 8.1 (#2) |
| Spec score · Sales Compensation Software | 8.0 (#3) | 8.0 (#5) |
| Spec score · Sales Commission Software | 8.0 (#5) | 8.0 (#6) |
| Spec score · Quota Management Software | 8.2 (#6) | 8.1 (#8) |
| Headquarters | Toronto, Ontario, Canada | Toronto, Ontario, Canada |
| Integrations | Forma.ai advertises more than 200 pre-built integrations for CRM, ERP, HRIS and other sources; another product page states 600+ available integrations. | The integrations catalog lists Salesforce, HubSpot, Microsoft Dynamics, Oracle, Workday API, Snowflake, Amazon S3, Amazon Aurora, SQL Server, MySQL, Excel, Google Sheets, Power BI, Tableau, Slack, Shopify, SFTP and REST API connections. |
| Rating on G2 | 4.7 out of 5 from 65 reviews | 4.5 out of 5 from 621 reviews. |
| Rating on Gartner Peer Insights | 4.8 out of 5 from 8 reviews | 4.4 out of 5 from 104 reviews. |
| Rating on Software Advice | 4.8 out of 5 from 4 reviews | 5.0 out of 5 from 6 reviews. |
| Rating on Trustpilot | 2.9 out of 5 from 2 reviews | 0.0 out of 5 from 0 reviews. |
| Security | Security controls include vulnerability management, user authentication checks, third-party penetration testing, and encryption for data at rest and in transit. | Varicent describes encryption at rest and in transit, secure authentication, vulnerability management, backup and recovery, and SOC and ISO compliance. |
| Security controls | The company lists vulnerability management, authentication checks, third-party penetration tests and encryption at rest and in transit. | Listed controls include encryption in transit and at rest, intrusion prevention, network segmentation, logging, data-loss prevention, backups, recovery and web-application firewalls. |
| Support | Forma.ai lists phone support at +1 (833) 367-6224 and email support at [email protected]. | Customers can access technical support through support.varicent.com and are directed to their Customer Success Manager for other support or portal access questions. |
| What it does | Forma.ai is an AI-powered enterprise sales-performance platform combining sales planning with incentive compensation. | Varicent Incentive Compensation Management automates incentive-plan design, commission calculations, payout administration and performance tracking for complex sales organizations. |
Plans
Forma.ai
- AI-ConfiguratorPriced on request
- CompOps PlatformPriced on request
- Onboarding & ImplementationPrice not published
Varicent Incentive Compensation Management
- Salesforce AppExchange listing$56 a month
- Varicent Incentive Compensation ManagementPriced on request
In their own words
Forma.ai
Forma.ai is AI-powered enterprise sales compensation software that combines sales planning and incentive compensation. Its platform brings territory planning, quota setting, and incentive programs into one data platform. Users can configure incentive structures with AI-powered tools and guided templates without technical skills, then test changes through financial modeling and deploy modeled changes instantly. The platform can ingest, validate, clean, and transform data from an unconstrained number of sources; its homepage states it has 600+ pre-built integrations. Automated workflows cover compensation tasks, approvals, exceptions, and disputes. Reporting includes payee and performance results, accruals, commission amortization, compensation budgets, and performance forecasts. Forma.ai describes the product as built for complex go-to-market organizations and global enterprises. It says it undergoes annual SOC 1 and SOC 2 certifications and audits, and lists controls including encryption at rest and in transit. Pricing is available through tailored proposals; onboarding and implementation are a one-time fee. Forma AI is also available as an Android app.
Varicent Incentive Compensation Management
Varicent Incentive Compensation Management has no write-up on Specifiction yet; its figures are above.