Maritz and Synygy Form Strategic Partnership

Online, November 4, 2009 (Newswire.com) - Maritz, a global leader in the incentive and loyalty rewards industries, and Synygy Inc., the largest and most experienced provider of sales performance management (SPM) software and services, today announced a partnership to develop and market a comprehensive sales compensation solution that includes administration of total compensation, management of incentive compensation, and tracking and fulfillment of rewards and recognition programs.

As one of the original inventors of sales incentive programs, Maritz has an 80-year history running rewards and recognition campaigns. Maritz's robust rewards programs include: program design and rules structure; sales communications; measurement; fulfillment; and cutting-edge reward platforms. The company's unparalleled selection of purposefully-chosen non-cash rewards is scientifically proven to drive successful sales behaviors.

With more than 18 years of experience implementing and managing sales compensation management solutions for clients across a wide range of industries, Synygy is the recognized leader in SPM software and services. With an unrivaled breadth and depth of SPM solutions, Synygy gives companies the tools to improve sales performance and their bottom line.

"Sales compensation plans frequently include components with non-cash rewards," said Mark A. Stiffler, Synygy president and CEO. "Synygy has been calculating and tracking rewards points for our clients for over a decade. Now, with this partnership, we are able to offer the fulfillment service as well."

"In this economy, organizations are looking for transparent solutions that simply demonstrate their value," said Rich Phillips, president of Maritz Loyalty. "Our partnership with Synygy enables sales leaders to implement comprehensive compensation and rewards campaigns using a single solution that produces measurable results."

About Maritz
St. Louis-based Maritz is a sales and marketing services company, which helps companies achieve their full potential through understanding, enabling and motivating employees, channel partners and customers. Maritz provides market and customer research, communications, learning solutions, incentive initiatives, meetings and event management, awards and recognition, travel management services and customer loyalty programs.