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CaptivateIQ for Medical Device Companies
Run Commissions Faster and Perform Better with CaptivateIQ

Medical device companies operate in a fragmented and competitive market, which creates a complex environment for incentive compensation. CaptivateIQ can help you tackle your commissions challenges and unlock new opportunities for growth.

Medical employee with 10% improvement in rep productivity and 2 upcoming payouts
TRUSTED BY LEADING MEDTECH COMPANIES
Acumed logo
Sciton logo
Tecan logo
Treace logo

Why CaptivateIQ for medical device companies?

CaptivateIQ was built to ease the commissions’ burden and provide transparency to reps. Discover how you can manage and optimize incentives with the agile commissions solution.
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    Built for Complex Sales Organizations
    Whether you have direct reps, distributor reps, or a mix, CaptivateIQ provides the flexibility to manage them all without getting bogged down in manual processes.
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    Automated Data Management & Calculations
    Free up time by automating routine tasks. Say goodbye to the manual data cleanup and calculations in spreadsheets, and reduce your reliance on external consultants or IT resources.
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    Real-Time Visibility into Performance
    Tired of waiting for monthly data dumps from distributors? CaptivateIQ integrates data in real-time so your teams and stakeholders can see exactly how they’re performing across all channels.
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    Flexibility for Complex &  Evolving Comp Plans
    Large MedTech companies with multiple sales teams need a system that can grow with them. If your current commissions program feels too rigid, CaptivateIQ offers the flexibility to scale quickly and easily.
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7,000+
Unique plans supported
60x
Faster commissions calculations
99%
of errors eliminated

The Impact of Modernizing Incentives with CaptivateIQ

SmartGridTM Technology

Motivate teams by aligning comp plans with business goals

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    Structure comp plans to match strategic objectives, keeping both direct and distributor teams focused on selling the right products and reaching key markets.
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    Focus sellers on high-value opportunities by creating commission structures that reward impactful performance and help meet company goals.
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    Respond quickly to market changes, keeping your sales teams motivated and compensation plans relevant to drive better results.
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Assist: AI-Powered Intelligence

Automate complex compensation tasks

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    Consolidate data from multiple sources, eliminating delays and improving the speed of compensation management workflows.
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    Simplify compensation calculations for complex sales orgs, reducing errors and manual efforts by automating processes that previously required spreadsheets.
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    Free up your sales operations team from repetitive tasks, allowing them to concentrate on business growth instead of administrative burdens.
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Commission plan formula
Scalable and Robust Integrations

Access and report on live data from internal and external sales

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    Get up-to-the-minute data from both in-house sales teams and distributors, making it easy to track performance without waiting for end-of-month reports.
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    Make quicker decisions with live visibility into sales metrics, driving accountability and allowing faster course correction across the organization.
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    Avoid delays in data reconciliation by keeping compensation information updated in real time, helping you spot emerging trends and potential issues faster.
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Enterprise-grade Security and Compliance

Modify compensation plans without IT support

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    Update complex compensation structures on the fly with CaptivateIQ’s no-code platform, avoiding the need for outside consultants or lengthy IT projects.
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    Stay flexible as your business evolves, adjusting compensation plans to match shifts in market conditions or internal growth with minimal downtime.
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    Implement changes rapidly, empowering your team to react to new challenges and opportunities without being held back by outdated systems.
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Payout scenario and plan calculations

Delight your medical device sales team 

Based on 150 ratings submitted in the Sales Performance Management market as of September 2023.

CaptivateIQ takes out the guesswork and manual math needed to reach my compensation. This also allows time to review the data and make any changes before the actual payout.
Kelsey K.
Associate Area Sales Manager
CaptivateIQ breaks down the different types of commissions in your compensation. It lets me know how I am getting paid and how close I am to my sales quotas.
Flavio R.
Sales Development Representative

Only CaptivateIQ helps medical device teams drive true return on incentives

Talk to our commission plan experts to learn how you can make commissions a strategic growth driver.