Create Multi-Measure Plan Components Using Redwood Administration

Create plan components that leverage multiple measures inside Redwood Administration. 

The intelligent workflow easily enables users to define more complex calculation expressions using multiple performance measures. As users select expressions, the system automatically analyzes them and associates relevant existing performance measures where appropriate, or seamlessly guides users to create new measures as needed.

• Seamless Guided Creation from Start to Finish:  Provides users with a a unified, end-to-end experience that intuitively guides them through every stage of incentive component creation. Effortlessly manage all details from setup, to rate table configuration, and plan assignment within a single integrated flow.

• Enhanced Usability with Embedded Generative AI: Enjoy smart, user-friendly forms with contextual help for rapid setup of new plan components. Embedded Generative AI assists you by automatically generating clear descriptions for each component, helping you document and explain logic with ease.

• Agile Updates and Rapid Deployment: Empower business users to quickly adapt to market changes by swiftly creating, modifying, and deploying incentive component all without IT intervention. Instantly update compensation structures and roll out new incentives to your sales teams with just a few clicks, ensuring your strategies stay aligned with business goals.

• Streamlined Advance Component Creation: Easily create advanced components that leverage multiple performance measures. The application intelligently analyzes expressions to automatically associate existing measures or create new measures.

Steps to Enable and Configure

You don't need to do anything to enable this feature.

Access Requirements

• Incentive Compensation Plan Administrator