iDynamics, beneficiary of the INNOVA CV 2023 grants
Good news! At iDynamics, we have been selected as one of the recipients of the INNOVA CV 2023 grants, awarded by the Valencian Institute of Business Competitiveness (IVACE). These grants represent a key boost to continue creating solutions that transform business management with Business Central.
In this article, we’ll tell you how we plan to leverage this opportunity to continue improving our products and develop new innovative solutions. Interested in learning more? Keep reading!
iDynamics bets on smart incentive automation
At iDynamics, we believe in innovation as the engine for transformation. We have a specialized R&D+i team that works to create solutions that simplify business management through emerging technologies, adapted to the real market demands.
With the support of the INNOVA CV 2023 grants, we have started a strategic project for the development of a new multisectoral platform for the automatic management of incentives. This system will integrate with Dynamics 365 Sales for Dynamics 365 Business Central customers, allowing companies to manage sales commissions fully automatically, efficiently, and error-free.
The goal is to offer our clients a platform that optimizes the control and application of incentives, allowing management teams to focus on the business itself without worrying about the manual management of commissions. This system stands out for its ability to evaluate incentive policies in real time, helping to detect and correct potential issues early on.
What innovations will the project bring?
The project aims to revolutionize how companies manage sales commissions. Among the main innovations that will be developed are:
Automation of the incentive process
The system will automatically manage commissions based on products, resources, or GL accounts without manual intervention, reducing the possibility of errors and improving operational efficiency.
Commission forecasting reports
Users will have access to forecasting reports that help them evaluate the expected commissions and make adjustments in real-time.
Monthly or period-based reporting system
The platform will generate detailed reports on sales and commissions, enabling users to make informed decisions in real-time.
With this system, we aim to provide companies with an advanced solution for managing incentives that not only optimizes internal processes but also ensures transparency and fairness in commission distribution.
What benefits does our project bring to businesses?
This project represents a technological leap for iDynamics, but most importantly, it brings tangible improvements to the companies that implement our solutions. The main benefits of this initiative include:
Greater transparency and fairness
Companies will be able to offer a fair and transparent system for their employees, motivating sales teams to achieve their targets without the issues associated with manual incentive management.
Error reduction
By automating the commission calculation process, we eliminate the possibility of human errors, improving the reliability of the system and reducing manual corrections.
Time optimization
Management teams and HR departments will be able to dedicate more time to business strategies instead of managing complex manual processes related to incentives.
What does this mean for iDynamics and the industry?
This innovation project underscores iDynamics’ commitment to digitalization and continuous innovation. As part of the INNOVA CV 2023 program, we reaffirm our mission to provide advanced software solutions that help companies adapt to a constantly changing business environment.
This system will not only contribute to improving the internal management of companies using our products, but it will also allow us to consolidate our presence in international markets and continue leading the sector of solutions for Dynamics 365 Business Central.
File Number: IMINOK/2023/167
Start Date: 01-09-2025
Status: In Development
Project funded by IVACE, Valencian Institute of Business Competitiveness of the Generalitat Valenciana, for the development of a multisector platform for the automatic management of incentives.
If you want to learn more about how our solutions can help your company optimize incentive management, don’t hesitate to get in touch with us. We’re ready to take your business to the next level!