Green Mountain Energy Company selects Cogent Software to manage Sales Commissions

May 8th, 2012 by Amrinder Leave a reply »

Cogent Technology Group, Inc. announced today that the Commercial Services Division of Green Mountain Energy Company has expanded their use of Cogent’s Sales Commission Manager (SCM) software product to provide a means of managing the residual sales commissions that flow as ongoing streams of compensation to their independent brokers and sales agents for completed energy-service contracts. Cogent’s SCM software will be used by Green Mountain’s Commercial Services Division in Texas, New York and other markets as Green Mountain expands into them.

Green Mountain is a pioneer in the renewable energy space, operating as the nation’s longest serving provider of green power and the first retail electric provider in Texas to offer renewable energy. The company’s Commercial Services Division wanted a turn-key approach to accurately calculating and recording commission amounts that are payable to their brokers and sales agents and are based on the customer’s energy usage over time. With Cogent’s SCM software running on their internal network, Green Mountain expects to proactively manage the variability of the commission compensation function.

Cogent’s SCM solution is available both as a leased product and as a software service which is hosted in their Atlanta data center. The full-featured SCM product, which offers a wide range of capabilities and an easy-to-use interface, bolts onto the energy marketer’s CIS/Billing data source and calculates commissions as the underlying energy-usage changes. SCM manages the commission function regardless of the frequency of commissioning events or the complexity of the commission methods.

“We find Cogent’s Sales Commission Manager to be a flexible, cost-effective and robust solution that can accommodate our many needs and we look forward to continued utilization of the system as our company expands into new markets.” said Les Montgomery, Vice President of Retail Energy Operations for the Commercial Services Division of Green Mountain Energy Company.

Source:http://floridanewswire.com/2012/05/07/fnw5133_035827.php

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