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Press Release

 
 
 05/22/2006 
GlobeNet Technologies and BearingPoint Team Up To Deliver Incentive Compensation Solutions for Insurance and Financial Services
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 05/22/2006 
BearingPoint Launches Incentive Compensation for Insurance and Financial Services; featuring GlobeNet Technologies' Firestorm.NET software
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 10/11/2005 
GlobeNet Technologies Hires Two Executives — Veteran Engineer and Sales Executives Impact Customers
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 05/23/2005 
Fireman’s Fund Chooses GlobeNet Technologies’ Firestorm.NET Agency Management and Compensation System
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 03/22/2005 
Fireman’s Fund Awards BearingPoint A Major Contract To Implement Agency Management System
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FireStorm

 
 

Our flagship product, the FireStorm Compensation Suite is first and foremost an Enterprise Incentive Management solution. Not to be pigeon-holed with the limited point solutions of other products of this category, it is designed to give you:

  • Producer relationship management tools to manage your sales force or any other type of 'pay for performance' contributor
  • Accurate and timely payment of complex variable compensation without the need for custom programming.

...saving our customers time, money and headaches.

Unlike typical EIM companies that focus solely on calculating variable compensation, the GlobeNet solution combines three unlikely, yet critical applications into one: Sales Force Automation, Producer Relationship Management, and Incentive Compensation Management.

With FireStorm, your staff can easily keep their finger on the pulse of your sales and distribution channels, and implement and manage any type of variable compensation, or something we call ‘revenue partitioning’. It automates the ability to accurately calculate and distribute inbound revenue to assigned value-added participants within or outside the enterprise, no matter what type or industry. Companies can now better manage, reward, motivate and compensate their sales channel and various value-adding participants, employees, partners and affiliates. In addition, FireStorm can handle revenue calculations and royalties regarding intellectual property, whether from media, entertainment, music, film, publishing or patents.

FireStorm combines Producer Relationship and Incentive Compensation / Enterprise Incentive Management functionality all rolled into one product suite giving you the breadth of all back office functions to manage the entire life-cycle of your producers and payees as well as the depth to handle the most complex organization’s compensation plans and transaction loads.

FireStorm’s user-friendly configuration tools allow customers to quickly and easily change operational parameters, and even set their own rules. Furthermore, our compensation engine is robust enough to handle the most demanding incentive-based calculations, while providing the most scalable solution on the market.;

Most importantly, FireStorm readily supports complex organizations, multi-faceted product offerings and tiered compensation plans. It accomplishes this while reducing inter-department dependency on the company’s IT organization. FireStorm is the only enterprise solution built entirely with Microsoft tools; its unique architecture allows it to handle hundreds of thousands of payees and process millions of transactions on Intel-based servers. No other EIM product on the market provides such a comprehensive set of solutions.

The bottom line always tells the true story. FireStorm will increase your company’s profitability by:

  • Managing the complete life-cycle of the Producer /Payee relationship
  • Creating a stable and satisfied sales force and incentive-based organization/li>
  • Streamlining go-to-market product strategies
  • Reducing both IT and operations costs that support the sales channel and infrastructure/li>
  • Eliminating errors and overpayments through a comprehensive auditing application

The FireStorm Compensation Suite: Easy to Install, Easy to Configure and Easy to Use

 

 

   Announcements

April 28, 2006

GlobeNet announces the June 2006 release of the latest version of FireStorm 7.0, built on ASP.NET 2.0. The FireStorm Suite combines industry leading ICM / EIM software (FireStorm ICM) with a unique application for Producer Relationship Management (FireStorm PRM), making it adaptable and scalable to the needs of the largest enterprise. This latest version of FireStorm adds flexible methods of database extensibility providing customers of any vertical the ability to blend their business critical functions with FireStorm’s best practices, while remaining on a code base that is supported by GlobeNet as part of the ongoing package baseline. GlobeNet has also added a substantial new feature-set in the areas of Producer Relationship Management, Payment Distribution and Accounting, Hierarchy Management, and Web Service-based APIs that further sets FireStorm apart from any other product of this type. At the same time FireStorm’s underlying technology has been upgraded, the result of GlobeNet's commitment to continually improve product offerings by utilizing the latest Microsoft platform: Server 2003 with IIS 6.0, SQL Server 2005, and ASP.NET 2.0.

  • FireStorm Suite – the full featured application for managing Incentive Compensation, Producer Administration, Producer Planning, Payment Accounting / Distribution, and Produceer Portal.
  • FireStorm PRM – the latest in sales force or producer relationship management. A sales force administration application that manages the full lifecycle of your relationship with your distribution channels; a CRM suite when you have to treat your independent representative is your customer
  • FireStorm ICM – the only ICM suite that is both flexible enough to handle any form of Incentive Compensation for any industry vertical, and scalable from small to medium companies to the world’s largest enterprises. The system is unparalleled offering tools to the business user that support compensation rules creation and modification without IT support.
  • FireStorm Basic – a less extensive approach, while providing all essential features that is cost effective in licensing, deployment and ongoing support for the small to medium enterprise; FireStorm for companies that otherwise have to turn to limited or inflexible ASP solutions.
  • FireStorm Select – allows that customer to carve out the feature and function combination that best suits their company’s requirements.

Unique in the ability perform and scale to serve the largest enterprises, FireStorm 7.0 also brings you a new Service Oriented Application Programming Interface that will ensure you can seamlessly connect FireStorm to other applications in your infrastructure to support the on demand exchange of data with other systems such as Web Portals, Accounting Systems and legacy applications.

 

   
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