Akkadian Labs 2021 SPIF

Sales Promotion Incentive Fund

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The Incentive:

This incentive contest offers you the opportunity to capitalize on the service you are already providing to your customers. While introducing your clients to Akkadian’s exceptional time-saving and security enhancing solutions, you could also be earning up to a 5% bonus.

TiersTiers RangeSPIF Rate
Tier 1$10,000 - $100,0002.5%
Tier 2$100,001 - $250,0003.5%
Tier 3$250,001+5%

The Details:

  • Program starts January 1, 2021 and runs through December 31, 2021.
  • The incentive is tiered, so the more you sell, the higher the SPIF percentage.
  • The SPIF can be split between two individuals.
  • Minimum deal size is $10,000 and can include Akkadian Provisioning Manager, Akkadian Console, or Akkadian Contact Manager.
  • Every deal after January 1, 2021 accumulates to help you reach the next tier.
  • If more than 50% of the deal is in the higher tier, the higher tier’s rate will be applied to the entire deal.

Let’s look at an example scenario…

You sell your first deal for $20K and you get paid 2.5%. Your next deal is for $100K and you get paid 2.5%, but you now move into Tier 2 and any deals going forward are paid at 3.5%. The next deal you sell is for $20K again, but now you get paid 3.5% on the deal. Your deals continue to add up all year long and if you make tier 3, you get paid 5%.

Deal Registration Criteria:

[info_list_father css=”.vc_custom_1566408143112{padding-right: 0px !important;}”][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]Maximum of two people can be included on a single SPIF.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]A completed 1099 is required for all individuals paid via the SPIF.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]All participants are responsible for ensuring the SPIF does not violate their company’s policies.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]The SPIF cannot be combined with any other Akkadian Labs promotions.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]The SPIF will not be paid on professional services or maintenance renewals.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]Akkadian Labs reserves the right to review any SPIF and decline at its discretion.[/info_list_son][/info_list_father]

How You Get Paid:

[info_list_father css=”.vc_custom_1566408143112{padding-right: 0px !important;}”][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]Please complete and submit the form below.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]Provide a W-9 for tax purposes. Download it here, fill it in and upload the document.[/info_list_son][info_list_son style=”icon” size=”25″ width=”30″ height=”35″ titleclr=”#404040″ icon=”fa fa-check-circle-o” iconclr=”#68be62″]After the invoice is paid, you will receive an email with the amount due.[/info_list_son][/info_list_father]

**Purchase order must be dated and received no later then 12/31/2021.
**All SPIFs are paid the month following the receipt of the invoice payment.
**SPIFs are only paid to those who influence the sales process.

Akkadian Labs SPIF Registration