Incentive Compensation Management: Build Versus Buy

July 23, 2018

Custom ICM solutions are built for you, not auditors, so they typically don’t offer visibility into actions performed over time. Auditors may lack confidence in your homegrown system, especially if they find errors or omissions. In fact, audit risk from errors and overpayments is often the most compelling reason we see customers switch from build to buy. New regulations place additional burdens on your commissions system.

Spotlight

Victaulic

Patented in 1919, Victaulic is the originator and world's leading producer of mechanical pipe joining solutions. Used in the most demanding markets, Victaulic innovative piping technologies and services put people to work faster while increasing safety, ensuring reliability and maximizing efficiency. The company has 14 manufacturing facilities and 29 branches worldwide with 3,600 employees who speak 43 languages across the globe. John F. Malloy has served as Chairman, President and CEO since 2004. With over 2,000 global patents, Victaulic solutions are at work in more than 140 countries across diverse business lines including oil and gas, chemical, mining, power generation, water and wastewater treatment, military and marine, as well as commercial building and fire protection.

OTHER WHITEPAPERS
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Olefin Plant -- Naphtha Steam Cracking (NSC) unit optimization solutions

whitePaper | March 11, 2023

This white paper illustrates how the fast response times and excellent repeatability of on-line FT-NIR and other analyzers can be used to provide complete real-time data for the optimization of naphtha steam-cracking furnaces

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Business Transformation in the Chemical Industry

whitePaper | December 26, 2019

However, that the chemical industry is not homogeneous, which is why the impact of the four strategic-structural challenges outlined earlier varies considerably based on product and market segment as well as country/location. External challenges can range from weak to strong, depending for instance on whether you are a midsized coatings manufacturer, a large fertilizer company or a technologydriven wind blade producer and whether your operations are in the U.S.,

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Decarbonizing practices in the global chemical industry

whitePaper | December 23, 2022

This white paper examines the current state and trajectory of decarbonization within the global chemicals industry. By examining and establishing a baseline on industry action.

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THE ROLE OF AI IN THE CHEMICAL MANUFACTURING INDUSTRY

whitePaper | November 15, 2019

The parts of the world that lack robust chemical manufacturing sectors are nevertheless intimately linked to the chemical industry. They depend mightily on a variety of imported goods provided by chemical producers: plastics, fuel, lubricants, fertilizer, pesticides and much more. Disruptions in the industry, leading to shortages or price hikes, pose a major threat to the economy and wellbeing of many communities throughout the world.

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Protecting future generations from the manmade plastics health crisis

whitePaper | May 23, 2023

In May 2023 the European Parliament in Brussels played host to the inaugural Plastic Health Symposium. This event hosted by Sara Cerdas MEP, brought together some of the world’s top scientists, NGOs, and business leaders to discuss the plastic health crisis.

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Global Minimum Transparency Standard (GMTS)for hazardous chemicals in products

whitePaper | September 20, 2022

This white paper presents the case for a global standard requiring disclosure of hazardous chemicals used in a product in international trade.

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Spotlight

Victaulic

Patented in 1919, Victaulic is the originator and world's leading producer of mechanical pipe joining solutions. Used in the most demanding markets, Victaulic innovative piping technologies and services put people to work faster while increasing safety, ensuring reliability and maximizing efficiency. The company has 14 manufacturing facilities and 29 branches worldwide with 3,600 employees who speak 43 languages across the globe. John F. Malloy has served as Chairman, President and CEO since 2004. With over 2,000 global patents, Victaulic solutions are at work in more than 140 countries across diverse business lines including oil and gas, chemical, mining, power generation, water and wastewater treatment, military and marine, as well as commercial building and fire protection.

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