Loyaltyworks Announces Enhancements to RewardTrax Online Incentive Program Technology Platform
Released on: September 23, 2010, 6:01 am
Loyaltyworks Incentive Programs
Loyaltyworks, a leading provider of web-based incentive
program services, announced the latest release of RewardTrax, the
Software as a Service (SaaS) incentive technology platform that powers
their point incentive programs. The release includes several major
enhancements to the system’s Performance Tracking module, including
features that help reduce program administration and support versatile,
data-driven point award rules.
Highlights of RewardTrax enhancements in this release include:
• Reward Thresholds: point awards triggered by individual or program-wide
• Automated Claim Verification: verification tools that automatically check the
validity of claim submissions and allow immediate point awards
• Individual Goal Tracking: program participants and administrators can monitor
progress towards pre-defined performance goals.
“The updates included in this release will help boost the performance of reward
programs running on RewardTrax in several ways” says Kelly Held, VP of Information
Technologies at Loyaltyworks.” All types of programs can now generate greater
levels of motivation by setting performance goals on an individual basis and then
monitoring every participant, encouraging them as they progress towards those goals.
And programs that ask participants to provide invoice data or proof-of-purchase will
require less administrative oversight. We listened to our customers for input on
designing these enhancements – and the clients already using these new tools are
offering very positive reviews.”
RewardTrax delivers branded, points-based reward, loyalty and incentive programs
designed by Loyaltyworks to help businesses achieve a wide range of goals and
objectives including growing customer loyalty, boosting sales revenue and share of
wallet, increasing employee retention and engagement through recognition,
strengthening channel relationships, motivating sales team performance, and more.
Loyaltyworks offers companies complimentary consultations, including demonstrations
of RewardTrax, to explore if incentive programs can boost performance. Call
1-800-844-5000 or visit http://www.loyaltyworks.com to learn more.
Loyaltyworks designs, develops and manages full-service loyalty and incentive
programs that produce measurable business results. For 30+ years, they have helped
companies drive revenue and profit by building employee and customer loyalty and
encouraging desired behaviors with rewards. Typical incentive-driven business
solutions include channel sales promotion and loyalty, customer loyalty programs,
sales incentive programs, and employee reward and recognition. Loyaltyworks brings
especially deep experience to the execution of channel loyalty and contractor
rewards programs. The company supports all of its points-based incentive programs
with a comprehensive set of tools and services including program design, the
RewardTrax technology platform, participant communications, program management,
reward fulfillment and performance measurement.
Contact Details: Loyaltyworks
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