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What is OIC?

Oracle Incentive Compensation (OIC) is an enterprise-level compensation management application designed to strategically manage rewards. By automating the complex task of modeling and calculating incentive payments, Oracle Incentive Compensation helps organizations to cost-effectively align, motivate, and communicate to employees, suppliers, and partners, while still maintaining complete financial control.

Integrate and Streamline your Business

• OIC can help you effectively leverage your existing resources to simplify and manage your compensation by bringing together the information you need to drive the behavior you want. OIC can be implemented to optimize incentive calculations and allocations with your Oracle E-Business Suite or as a stand-alone instance to integrate your disparate systems.
• As part of Oracle Human Capital Management, OIC integrates with your Enterprise Resource Planning (ERP) applications, including Compensation Workbench and the Total Compensation Statement.
• As part of Oracle Sales, OIC integrates seamlessly with other Sales applications, including Oracle Sales and Oracle Quoting. In addition, OIC seamlessly integrates with Oracle Payroll and Oracle Accounts Payable, dramatically reducing effort required to pay direct employees and contractors.

KBACE Expertise

Averaging more than 7 years of experience, each member of the KBACE Incentive Compensation team demonstrates a high level of expertise with Oracle Incentive Compensation. In addition to being well-versed in implementations, each KBACE CRM expert also consistently demonstrates that they are fully grounded in the Business side of the process, fully understanding the strategic business drivers of each business requirement. By possessing these complementary skill sets, KBACE provides robust implementation capabilities in Oracle Incentive Compensation.

Every Dollar Counts

Especially in these uncertain times, one of the most critical decisions a company faces is how to most effectively compensate its sales team. Not only is it important to link sales incentives to corporate goals, but it is also equally important to have a seamless system to administer accurate compensation to avoid overpayments and sustain employee morale. Why are companies automating this process?

• Improved regulatory compliance & financial predictability
• Reduced administration errors & over payments
• Decreased incentive management staffing costs
• Optimized target distribution aligned with corporate goals