Banks Aim To Stem Huge Losses

Adams, John
June 2004
Bank Technology News;Jun2004, Vol. 17 Issue 6, p1
Trade Publication
Reports on the advantages of using enterprise incentive management (EIM). Focus on Northwest Farm Credit Services' implementation of Web-based technology that replaces the more manual calculations and spreadsheets used to traditionally measure sales and service performance against goals to determine incented employee payouts; Financial losses incurred by companies because of incentive payments that are calculated inaccurately by antiquated spreadsheets and old compensation models; Key features of the EIM technology.


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