Herald Logic chosen in “25 Most Promising Retail Solution Providers – 2017” in Asia Pacific by APAC CIO Outlook
“Herald Logic was born to challenge the status quo and usher in Tech-Yes-Logy” – Dr. Ram Ramdas, Chief Evangelist. “We therefore, built a rapid development, rapid deployment platform based on configuration, rather than conventional coding” adds Anusha Jathanna, Platform Head.
And our passion to deliver via the power of Tech-Yes-Logy received a huge fillip when Herald Logic made it to the Top 25 Most Promising Retail Solution Providers out of a peer group of 1,600 retail solution providers in the Asia Pacific region, based on a detailed analysis of the management and performance by the editorial and advisory board of the APAC CIO Outlook magazine.
Born in the IIT-B Incubator Lab in 2002, Herald Logic has metamorphosed itself from a technology platform company into a provider of differentiated technology-enabled Distribution Management solutions straddling on-boarding, sales compensation & performance management for staff and channel partners of organizations with large and diverse sales hierarchies.
Herald Logic’s USP is a combination of its potent proprietary platform, and its ‘no capex, pay as you go’ managed service delivery model. This rids clients not only of the core problems with respect to distribution management operations, but also the cost & effort of maintaining huge supporting infrastructure for the same. By enabling an agile, dynamic compensation framework, it empowers organizations to attract, retain and grow the best talent, and makes sales compensation a strategy-enabler, even as it optimizes ROI on an ongoing basis.
“For far too long, sales compensation management has remained an onerous, manual activity restricted to a broad one-size-fits-all approach, though the very opposite is the order of the day” says Rajesh Iyer, Chief Business Officer.
Herald Logic now counts big names across banking, life & general insurance, non-banking finance companies in India as its clients, currently managing sales compensation payouts of ~$100M across ~6M transactions covering ~200,000 sales entities.