Forma.ai Reviews & Product Details - Page 3

Forma.ai Overview

What is Forma.ai?

Forma.ai is a ground-breaking Sales Performance Management platform that fully integrates sales planning with rapid (and scalable) incentive compensation management. Creating a single, complete source of truth with your data, our platform consolidates the planning and administration of territories, quotas, and incentives with all of their dependencies. Trusted by innovators like Autodesk, Stryker, and Trustpilot, we're the only SPM platform on the market rapidly accelerating rule-building for incentive compensation plans with templates and a proprietary, collective data model. Now global sales teams, revenue operations leaders, and compensation teams can collaboratively plan and deploy even the most complex SPM strategies at speed and scale.

Forma.ai Details
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Product Description

The ONLY compensation platform that drives revenue. Forma.ai is the first incentive compensation solution that uses a scientific, model-driven approach to help enterprises design, execute, and optimize sales compensation in a single platform. This unique approach transforms one of the largest cost centers in an organization into its most powerful lever for revenue growth and profitability. There are no formula builders here. Instead, Forma.ai customers set their business goals with our dedicated Customer Operations team. We enter your goals into our Optimization Engine™, which forecasts the business impact of dozens of compensation scenarios with singular accuracy, thanks to our proprietary collective data model. Your team chooses the compensation plan that delivers the outcomes they want, and rolls the new plan out to your sales team with the click of a button. No more broken promises. No more faffing around with formula-building or fragmented data. Just real business outcomes backed by data.


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Forma.ai

Description

Forma.ai is the world’s first sales compensation solution driven by a collective data model. We enable organizations to design, execute, and optimize their sales compensation strategy within a single platform.

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Recent Forma.ai Reviews

Verified User
E
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Forma Ai HealthCare SIP Deployment"
Our transition to Forma Ai has seen some impactful changes for our company. The ease of use of the system has made it easier for our SIP area team...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"The Forma team is wonderful"
All of our commissions records are in one place and agents can access their details Forma staff has been exceptional to support us. We use it all ...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Intense Commitment to Delivering for us"
The speed and aglity that it delivers for managers to view their teams' results. Leaderboards are updated daily and leaders can quickly search or d...

Forma.ai Media

Forma.ai Demo - Sales Performance Summary via Forma.ai
Sales Performance Summary via Forma.ai
Forma.ai Demo - Sales Performance Summary via Forma.ai
Sales Performance Summary via Forma.ai
Forma.ai Demo - Team Performance Summary via Forma.ai
Team Performance Summary via Forma.ai
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48 Forma.ai Reviews

4.8 out of 5
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48 Forma.ai Reviews
4.8 out of 5
48 Forma.ai Reviews
4.8 out of 5

Forma.ai Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
VS
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

I like the lay out and having the flexibility to view the data in different ways (export to excel, etc) Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

There is a line in the commission section called "Sales attainment" that is a dummy line and isn't able to be removed, but should be Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Keeping track of how I'm being paid out and ensuring that I can stay organized on the financial management of my territory Review collected by and hosted on G2.com.

Shannon S.
SS
National Account Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

I love the detailed reporting they provide. Its very clear and you are able to export it !!

I also love the build in Help desk feature for questions ! Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

Maybe there is too much information ... For some people this might be overwhelming. Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

This tool is showing us the full picture of our commission , in terms of adjustments , interest and sales data. Review collected by and hosted on G2.com.

Verified User in Education Management
UE
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

I love the ease of use as well as the general layout. It's easy to use, easy to read and understand, and it helps me to keep up-to-date on what my account looks like. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

The main area I'd like to see improvement, and it might be at the end of Salesforce (I'm not quite certain) would be the time it takes to sync the results from Salesforce into Forma.ai. Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

The best area/problem trying to solve would be understanding where we are (Customer Success Managers) are currently sitting in regard to our compensation plans for the current year. Review collected by and hosted on G2.com.

Manuel S.
MS
Medical Sales Representative | Endoscopy | Sports Medicine | Communication
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

Great format of the data. Easy to read and make sens of Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

Data extraction. Not easy to pull the data out on excell format Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Daily access to my sales in a eaisy to read format Review collected by and hosted on G2.com.

AJ
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

Forma.ai has been an incredible partner to us, adapting very quickly to the constantly evolving needs of our business. Very responsive and always go the extra mile. They have given our sales team real-time visibility into their performance with their easy to navigate dashboards. Helped us create a compensation plan that maximizes each rep's potential while minimizing the business's risk. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

I don't have anything that I dislike about Forma.ai. The data structure set up in our initial implementation seems to be a bit rigid, but the Dev and Ops team are great at coming up with ideas for improvements and working through any issues that do arise. Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Revenue optimization, comp plan design, sales performance visibility. Review collected by and hosted on G2.com.

Verified User in E-Learning
UE
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

Ease of use. If I don't understand something on the page, the question mark for additional information is greatly appreciated. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

There is an area in my Forma with incorrect information. Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Forma benefits me, by putting all of my sales information in an easy to use dashboard. Review collected by and hosted on G2.com.

CS
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

Intuitive UI, logical operations process

Ability to design reporting to fit our needs

Dedicated team to support us from implementation thru our ever-changing needs

Understanding of sales compensation complexities and being able to provide insights for better ways to solve a problem

Proactively identifies problems and errors we would have likely missed in the past Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

Global support: "always on" for a worldwide business is needed - Forma.ai is taking action on this and have implemented escalations for emergencies Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Implementing a program that addresses not only ICM but SPM

Proactive review and identification of errors

Supporting our commission team and removing manual work/streamlining operations Review collected by and hosted on G2.com.

Verified User in Primary/Secondary Education
UP
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

I appreciate how clean the dashboard of on Forma. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

The updates sometimes take time to refresh on the Forma daahboard Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

We had a problem with moving into this fiscal year. Someone fixed that so we're good now Review collected by and hosted on G2.com.

Verified User in E-Learning
UE
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
Rating Updated ()
What do you like best about Forma.ai?

I like being able to track progress towards my goals on a daily basis. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

Sometimes it does not quite update on a regular basis Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Allows me to track progress towards my goals. Review collected by and hosted on G2.com.

Scott E.
SE
C
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Forma.ai?

Not only do I like the reduced manual work of commission calculations and reconciling them with finance, but the sales team appreciates the real-time transparency and ability to forecast their earnings. Review collected by and hosted on G2.com.

What do you dislike about Forma.ai?

Very little to criticize, great onboarding team, great product. Review collected by and hosted on G2.com.

What problems is Forma.ai solving and how is that benefiting you?

Even with a relatively simple comp plan, running commissions at the end of the month and quarter is complex and time consuming. Running commissions a day or two late can be frustrating for my VP Finance and CEO, this removes any potential delays due to unforeseen workloads. Review collected by and hosted on G2.com.