Milan, 13th June 2022 - Fincons Group, an international IT business consulting and system integration company with over 2400 employees across Europe and the USA, is delighted to present its AMPPER Incentive Compensation solution at E-World 2022. The product is one of Fincons’ most popular proprietary solutions and is currently used by over 25 active Energy & Utilities clients in 5 countries, including leading utilities in Germany. Fincons Group will showcase the product at their stand in Hall 3, booth 3-267 from 21st to 23rd June 2022.
AMPPER Incentive Compensation was developed on the basis of extensive experience working with major Energy and Utilities companies internationally and was designed to help manage their range of partners and complex incentive processes, helping them achieve greater efficiency and improve accuracy in accordance with company business strategies. The solution allows business users to easily create and manage incentive compensation plans, with very low IT support, reducing time to market and operational costs.
Because of the range of different partners and incentive programmes that Utilities and Energy companies typically run at the same time, AMPPER Incentive Compensation has been developed to be fully flexible. It is easily configurable and adaptable to different business requirements and application processes, thanks to its core components that enable the measurement, calculation and monitoring of all aspects of partner performance.
Today the solution manages over 67,000 partners and 4,500 configured algorithms, equivalent to more than € 650m in incentives. This multi-country, multi-company, multilingual and multi-currency solution enables:
- the autonomous development of calculations by business users
- the calculation of bonuses and penalties for KPI and SLA-based agreements
- the continuous evaluation and performance monitoring of partners
- simulations and cost forecasting
- simple-to-view reports and full traceability
- a self-service partner portal
- automatic Data Acquisition
- the integration with SFA, CRM, Billing, Credit systems and other client business systems
AMPPER Incentive Compensation is a modular solution that can be tailored to match the specific processes of each business, incentives, SLA or KPI requirements, thus enabling the complete management of partner performance. Constant, trackable reporting also empowers more timely decision making and a shorter time-to-market, while the self-service portal improves transparency with partners, supports despite resolution and reduces admin tasks. AMPPER Incentive Compensation also supports legacy system data importing, calculation and approval of payments, the automatic recording of income and its verification.
The solution can be further empowered with the addition of an optional Utility Virtual Clerk (UVC), a helpful digital “colleague”, specifically developed to automate low-value-add, repetitive back-office processes such as the automation and management of incentivization processes. The UVC has been trained to support utilities in the automatic analysis and sorting of partner emails and can even provide automatic replies to more basic requests. In addition to this, the UVC is able to understand natural language found in partner contracts and automatically transform it into calculation rules.
“Fincons Group is proud to present the AMPPER Incentive Compensation solution at this key industry event in Germany, which is an important growth market for our company and where we can already boast important partnerships in the Energy and Utilities sector. We are confident that the Opex reduction and time-to-market benefits that our solution can bring will really resound with market demands because when the industry spoke, we listened and worked on developing a unique tool to really help drive improvements. We look forward to meeting interested parties at out stand!” comments Simone Villa, General Manager Global BU Energy & Utilities, Director AMPPER Product Center at Fincons Group.
About Fincons Group
Fincons Group is an award-winning IT business consultancy with almost 40 years of experience in IT Business Consulting and System Integration active in different industries. In the Energy & Utilities sector, Fincons has long term and successful relationships with Tier-1 clients, providing solutions and ICT services covering the entire needs for designing, implementing and maintaining new digital solutions as well as back-end system. With over 2400 employees, Fincons Group has offices in Italy, Switzerland, Germany, France, UK and US.
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