Spiff offers robust compliance features that help organizations adhere to regulatory standards while maintaining transparency in their incentive compensation processes. Key features include:
By incorporating these compliance-driven features, Spiff not only simplifies incentive compensation management but also ensures organizations meet legal and regulatory standards with confidence.
Automated Audit Trails
Every change and transaction within Spiff is meticulously recorded, including effective date tracking and historical statement locking. This ensures organizations can track adjustments and maintain compliance with both regulatory requirements and internal policies.
Regulatory Accounting Compliance
Spiff automates audit-ready expense reports and aligns with accounting standards such as ASC 606 and IFRS 15, ensuring accuracy and transparency in financial reporting for seamless regulatory adherence.
Data Accuracy and Integrity
By leveraging machine learning, Spiff minimizes manual errors and discrepancies, enhancing trust in commission-related data—an essential factor for maintaining compliance and financial accuracy.
Seamless System Integration
Spiff integrates with CRM, ERP, HCM, and payroll systems, centralizing commission-related data. This real-time synchronization provides a comprehensive view of sales performance while ensuring all data meets regulatory requirements.
Advanced Security Compliance
Operating within Salesforce’s compliance framework, Spiff follows industry best practices, including SOC 2 compliance, to ensure the security, confidentiality, and availability of sensitive commission data.
