No more spreadsheets, no more headaches. PaletteHQ is a SaaS platform that makes it easy for B2B companies to calculate sales commissions and boost sales performance. Motivate your sales team thanks to clear goals and immediate rewards!
Managing sales commissions has always been a big headache at Algolia. Super excited to see an incredible team (including an ex Algolian who saw the problem first hand!) tackle the problem. You should try them out!
Thank you Nicolas! Thrilled to have been hunted by you! 🤩
Hello everyone! 👋
I’m Jean, co-founder and CEO at PaletteHQ. So happy to present Palette to the PH community!!
We started working on Palette a few months ago and it’s been a crazy journey so far.
In a few words, Palette makes it easy for B2B companies to calculate sales commissions and boost sales performance. We built a SaaS platform that non tech people can implement in a day, connect to their CRM, accounting software or ERPs, and calculate commissions automatically instead of using excel spreadsheets or BI tools.
🌱 How it started
Last year, my team and I kickstarted a community for sales operations professionals - www.Operations.family. We then asked 500 sales representatives and account executives what they would like to change about their compensation plan.
Guess what, the n°1 answer is “Being sure that commissions are calculated accurately” 🤯
Isn’t that crazy? It’s probably one of the most overlooked problems that, if solved, could bring immediate happiness and motivation to your sales team!!
Did you know that 18% of employers don't report commission results to salespeople, and 47% are slow to process commission? Let’s not be that kind of company!
😍 The solution
Palette is an automatic and easy way to provide clear and transparent commission statements & dashboards to your team.
We’ve built an easy to set up, no-code commission management engine that can connect in real-time to CRMs, billing systems or databases, and automatically pull the data needed to calculate sales commissions.
We currently have native integrations with tools like Salesforce, Hubspot, Close, Pipedrive, Sellsy, Quickbooks, Chargebee, Xero, Netsuite, Snowflake, Redshift, and many more. Also, we can build custom data connectors in a day, so hit us up if you don’t see your CRM or software in the list below. :)
Once data sources are connected, you can design commission plans directly inside Palette, and implement any logic to calculate commissions automatically, even the most complex strategies!
After commissions are calculated, you can easily push the information to your favorite HR or payroll system like Gusto, Bamboo, Rippling, or ADP.
✏️ How to get started?
Our product is live! If you're interested in trying it out, or know someone who could be interested in Palette, leave a comment below or reach out to hello@palettehq.com! ❤️
We are always open to ideas and suggestions! Leave a comment below if you want to share your feedback!
Thanks!!
Jean, Fabien, and Jean-Yves
I'm following Palette HQ from day 1 and I'm very impressed by what they have done so far and in such a small timeframe. This company is a rocketship. 🚀
Such a life-saver from all the manual drudgery. Kudos to you guys for noticing a lag in the existing system and coming up with something to fill in the gap. Really appreciate it!
great idea @jelorillon i love it ! 🚀
I have worked in companies that were in a test and learn approach to structuring their commissions and avoiding side-effects (and so part of the commission was still discretionary). Would you say it is too early for these companies to automate commissions or does you product brings value at this stage as well ?
@guilhem_robert2 NOW is the time! for two reasons: (1) it's much easier to roll out new plans on Palette vs a spreadsheet (2) we have a feature exactly that purpose. It's a comparison tool that allows to compare&test multiple commission plans, and see what would be the impact on commission payouts. Happy to share more about it!
@elena_engel7 Thanks Elena! It is quite challenging indeed. I've been an account executive for several years before creating Palette. I know how difficult it can be to calculate sales commissions, from first hand experience :)
This looks super interesting. Heads up that I went to book a demo on your site, and for west coast folks the only times available are before business hours.
Great idea and much needed product! We'll definitely need it when growing our sales team for our enterprise branch. Proud to see Le Wagon's alumni launch amazing products backed by YC. Congratulations @jelorillon !
Game changer tool to manage sales teams' compensation at scale. We used to have many frictions calculating the commissions manually and ended conflicting with top performer employees. PaletteHQ created peace in our sales team
Algolia