Forma

Forma.ai is an AI-powered sales compensation management platform that revolutionizes how companies design, optimize, and manage their sales incentive programs. The platform automates and streamlines the entire sales compensation process, from plan design to execution and analysis, using artificial intelligence.

Key features:
- AI-Powered Plan Configuration: Enables natural language input for compensation plan parameters, automatically configuring rules and logic.
- Real-Time Modeling: Allows instant testing and impact analysis of different compensation scenarios.
- End-to-End Automation: Handles all incentive calculations and payouts automatically.
- Advanced Analytics: Provides comprehensive performance reporting and insights.
- Territory and Quota Management: Facilitates efficient management of sales territories and quotas.
- System Integration: Seamlessly connects with existing HR and CRM systems.
- Compliance and Audit: Ensures adherence to regulatory requirements and enables thorough auditing.

How it works:
1. Users access the web-based platform.
2. Compensation plan parameters are input using natural language.
3. The AI system configures rules and logic based on the input.
4. Users can model scenarios and test impacts.
5. Changes can be deployed instantly.
6. The platform automatically handles calculations, payouts, and reporting.

Integrations:
Forma.ai integrates with major HRIS, CRM, ERP, and other enterprise systems for sales and employee data ingestion.

Use of AI:
The platform utilizes natural language processing and other AI capabilities to automate plan configuration, optimize incentives, and provide predictive analytics.

AI foundation model:
Specific AI models used in the platform are not disclosed.

Target users:
- Enterprise sales operations teams
- Compensation teams in large organizations
- Industries such as technology, manufacturing, healthcare, and financial services

How to access:
Forma.ai is available as a cloud-based web application. Users can interact with the platform through a web browser.

Company information:
Forma.ai Inc. is the company behind this product, founded in 2016. It is a proprietary commercial product and is not open source.