Calculate bonuses without Excel
Bonus profiles define which metric counts, from which level how much is paid and when. Revenue, utilisation and margin come from time tracking and controlling, the payout with a bonus notification as PDF follows with one click.
Bonus calculation features in QUANTICAL.ERP
- 1.
Nine strategies on three levels
A bonus depends on one metric: the revenue or utilisation of an employee, the revenue, acquisition or margin of their projects, or the revenue, EBIT and gross margin of the company. The metric comes from bookings and invoices, nothing is maintained twice.
- 2.
Levels instead of negotiation
Per profile you define levels: from 60 percent utilisation three percent of revenue, from 80 percent five. Cliff pays the level reached in full, progressive proportionally. Part-time scales the goals automatically, a cap limits the bonus.
- 3.
Assignment with validity
A profile applies to an employee from a date and, if needed, until one. If someone switches the model mid-year, every euro counts exactly once. The overview calculates the bonus for the chosen period live and shows the formula behind it.
- 4.
Payouts with approval
At the end of the period QUANTICAL.ERP creates one payout per assignment: check, override with a reason if needed, approve, mark as paid. Approved amounts count as fixed costs in controlling, open periods as a forecast.
- 5.
Bonus notification with one click
Every payout produces a letter with salutation, period, amount and payout date in your company's branding, individually or as a ZIP for everyone. You maintain the texts of the letter centrally in the administration.