CellarStone, A Sales Compensation Management Provider Acquires Commission Tracking Provider CommTrack

SAN MATEO, Calif., May 20, 2014 /PRNewswire-iReach/ -- CellarStone Inc., a leading provider of cloud based sales compensation management solutions, has announced that it has entered into an agreement to acquire Southern California based CommTrack. CommTrack's commission tracking solution will be added to CellarStone's solution suite that includes Easy-Commission, QCommission, QXchange and webKPI to help companies increase their sales force performance effectiveness.

"CommTrack has done a great job of providing a simple and effective solution to customers needing sales commission software", said CellarStone's President and CEO, Gopi Mattel. "With the changing technology landscape, including SaaS and subscription models, and CellarStone's pre-eminence in providing these rapidly evolving technology enablers, means we can really add value to CommTrack's customers. We will be able to take CommTrack's 1000+ customers and allow them access to advances such as SaaS, Mobile and Business Intelligence technologies. And, we can add additional integration possibilities over and above what has been offered to those customers. This is a great relationship and a great benefit for all of our customers."

CommTrack's sales commission solution capabilities has been used to solve businesses' sales commission plan administration and tracking need for more than 5 years. The ease of use of the solution has allowed the ability to serve large numbers of customers with very little support requirements.

"With CellarStone's more sophisticated technology, and broader implementation and support services, it was clear that we could better serve the needs of our customers by merging our two firms", said CommTrack Founder and President, Clem Dominguez. "As a competitor in the marketplace, we have long had a lot of respect for CellarStone's approach and focus on the customer, and we are very happy to become part of CellarStone. We expect to be able to add a lot to CellarStone's business"