Compensation management system and method

1. A compensation management method, executed on a computing device, comprising:

defining a plurality of known error types within performance data, wherein the plurality of known error types includes inaccurate vehicle cost, inaccurate vehicle profit, inaccurate sales dates, inaccurate commission rates, and inaccurate vehicle descriptions;

obtaining the performance data for a plurality of performance-based employees within an automotive space through an application programming interface (API) interface configured to connect the computing device to a plurality of external systems associated with an external business entity, wherein the external systems include a dealership management platform and an inventory management platform, wherein performance data is obtained from a proprietary data feed of the dealership management platform and an external rating platform, wherein the proprietary data feed includes a cost of a unit, a margin of the unit and a type of the unit, wherein the external rating platform includes a Customer Satisfaction Index (“CSI”) score from a CSI survey;

processing the performance data based on, at least in part, upon the plurality of known error types to identify one or more errors within the performance data;

automatically identifying and correcting one or more errors based on the plurality of known error types within the performance data, thus defining corrected performance data;

normalizing the corrected performance data through a normalization engine, wherein the normalization engine includes a data conversion and a plurality of custom data definitions, wherein the plurality of custom data definitions includes a set of rules associated with a plurality of dealership management platforms, wherein the plurality of dealership management platforms includes DealerTrack™ and CDK™, wherein normalizing the corrected performance data through the normalization engine includes:

identifying the dealership management platform, and

automatically mapping the corrected performance data to a generate normalized and corrected performance data;

generating a table on a graphical user interface that includes one or more of the plurality of performance-based employees, and for each of the one or more of the plurality of the performance-based employees during a defined period of time includes

a number of CSI surveys,

an average CSI score, and

a visual indicator of change in the average CSI score;

generating and displaying a report on a graphical user interface of the computing device, wherein the report is configured to display a commission earned by the automotive space based on a plurality of user-selected compensation plans on a graph that includes the commission on a first axis and the user-selected period of time on a second axis, wherein the plurality of user-selected compensation plans includes the first compensation plan and the second compensation plan;

transmitting compensation information calculated from the normalized and corrected performance data to one of a plurality of payroll platforms; and

generating payment for the plurality of performance-based employees through the one of the plurality of payroll platforms based on the normalized and corrected performance data.

2. The compensation management method of claim 1 further comprising:

notifying a user of the one or more errors within the performance information.

3. The compensation management method of claim 1 further comprising:

calculating compensation information for the performance-based employees based, at least in part, upon the corrected performance information.

4. The compensation management method of claim 1 wherein the automotive space includes one or more of:

an automotive sales space;

an automotive service space;

an automotive body shop space;

an automotive finance & insurance space;

an automotive administrative space;

an automotive franchisor space; and

an automotive parts space.

5. The compensation management method of claim 1 wherein the performance-based employees are performance-based sellers of products.

6. The compensation management method of claim 1 wherein the performance-based employees are performance-based sellers of services.

7. The compensation management method of claim 1 wherein the performance information is obtained from one or more of:

a customer relationship management platform,

an inventory management platform,

an accounting platform,

a proprietary data file,

a proprietary datastore, and

manually-entered data.

8. The compensation management method of claim 1 , wherein the plurality of payroll platform includes at least one of ADP™, Workday™, and Paylocity™.

9. A computer program product residing on a computer readable medium having a plurality of instructions stored thereon which, when executed by a processor, cause the processor to perform operations comprising:

defining a plurality of known error types within performance data, wherein the plurality of known error types includes inaccurate vehicle cost, inaccurate vehicle profit, inaccurate sales dates, inaccurate commission rates, and inaccurate vehicle descriptions;

obtaining the performance data for a plurality of performance-based employees within an automotive space through an application programming interface (API) interface configured to connect the computing device to a plurality of external systems associated with an external business entity, wherein the external systems include a dealership management platform and an inventory management platform, wherein performance data is obtained from a proprietary data feed of the dealership management platform and an external rating platform, wherein the proprietary data feed includes a cost of a unit, a margin of the unit and a type of the unit, wherein the external rating platform includes a Customer Satisfaction Index (“CSI”) score from a CSI survey;

processing the performance data based on, at least in part, upon the plurality of known error types to identify one or more errors within the performance data;

automatically identifying and correcting one or more errors based on the plurality of known error types within the performance data, thus defining corrected performance data;

normalizing the corrected performance data through a normalization engine, wherein the normalization engine includes a data conversion and a plurality of custom data definitions, wherein the plurality of custom data definitions includes a set of rules associated with a plurality of dealership management platforms, wherein the plurality of dealership management platforms includes DealerTrack™ and CDK™, wherein normalizing the corrected performance data through the normalization engine includes:

identifying the dealership management platform, and

automatically mapping the corrected performance data to a generate normalized and corrected performance data;

generating a table on a graphical user interface that includes one or more of the plurality of performance-based employees, and for each of the one or more of the plurality of the performance-based employees during a defined period of time includes

a number of CSI surveys,

an average CSI score, and

a visual indicator of change in the average CSI score;

generating and displaying a report on a graphical user interface of the computing device, wherein the report is configured to display a commission earned by the automotive space based on a plurality of user-selected compensation plans on a graph that includes the commission on a first axis and the user-selected period of time on a second axis, wherein the plurality of user-selected compensation plans includes the first compensation plan and the second compensation plan;

transmitting compensation information calculated from the normalized and corrected performance data to one of a plurality of payroll platforms; and

generating payment for the plurality of performance-based employees through the one of the plurality of payroll platforms based on the normalized and corrected performance data.

10. The computer program product of claim 9 further comprising:

notifying a user of the one or more errors within the performance information.

11. The computer program product of claim 10 further comprising:

calculating compensation information for the performance-based employees based, at least in part, upon the corrected performance information.

12. The computer program product of claim 9 wherein the automotive space includes one or more of:

an automotive sales space;

an automotive service space;

an automotive body shop space;

an automotive finance & insurance space;

an automotive administrative space;

an automotive franchisor space; and

an automotive parts space.

13. The computer program product of claim 9 wherein the performance-based employees are performance-based sellers of products.

14. The computer program product of claim 9 wherein the performance-based employees are performance-based sellers of services.

15. The computer program product of claim 9 wherein the performance information is obtained from one or more of:

a customer relationship management platform,

an inventory management platform,

an accounting platform,

a proprietary data file,

a proprietary datastore, and

manually-entered data.

16. A computing system including a processor and memory configured to perform operations comprising:

defining a plurality of known error types within performance data, wherein the plurality of known error types includes inaccurate vehicle cost, inaccurate vehicle profit, inaccurate sales dates, inaccurate commission rates, and inaccurate vehicle descriptions;

obtaining the performance data for a plurality of performance-based employees within an automotive space through an application programming interface (API) interface configured to connect the computing device to a plurality of external systems associated with an external business entity, wherein the external systems include a dealership management platform and an inventory management platform, wherein performance data is obtained from a proprietary data feed of the dealership management platform and an external rating platform, wherein the proprietary data feed includes a cost of a unit, a margin of the unit and a type of the unit, wherein the external rating platform includes a Customer Satisfaction Index (“CSI”) score from a CSI survey;

processing the performance data based on, at least in part, upon the plurality of known error types to identify one or more errors within the performance data;

automatically identifying and correcting one or more errors based on the plurality of known error types within the performance data, thus defining corrected performance data;

normalizing the corrected performance data through a normalization engine, wherein the normalization engine includes a data conversion and a plurality of custom data definitions, wherein the plurality of custom data definitions includes a set of rules associated with a plurality of dealership management platforms, wherein the plurality of dealership management platforms includes DealerTrack™ and CDK™, wherein normalizing the corrected performance data through the normalization engine includes:

identifying the dealership management platform, and

automatically mapping the corrected performance data to a generate normalized and corrected performance data;

generating a table on a graphical user interface that includes one or more of the plurality of performance-based employees, and for each of the one or more of the plurality of the performance-based employees during a defined period of time includes

a number of CSI surveys,

an average CSI score, and

a visual indicator of change in the average CSI score;

generating and displaying a report on a graphical user interface of the computing device, wherein the report is configured to display a commission earned by the automotive space based on a plurality of user-selected compensation plans on a graph that includes the commission on a first axis and the user-selected period of time on a second axis, wherein the plurality of user-selected compensation plans includes the first compensation plan and the second compensation plan;

transmitting compensation information calculated from the normalized and corrected performance data to one of a plurality of payroll platforms; and

generating payment for the plurality of performance-based employees through the one of the plurality of payroll platforms based on the normalized and corrected performance data.

17. The computing system of claim 16 further comprising:

notifying a user of the one or more errors within the performance information.

18. The computing system of claim 17 further comprising:

calculating compensation information for the performance-based employee based, at least in part, upon the corrected performance information.

19. The computing system of claim 16 wherein the automotive space includes one or more of:

an automotive sales space;

an automotive service space;

an automotive body shop space;

an automotive finance & insurance space;

an automotive administrative space;

an automotive franchisor space; and

an automotive parts space.

20. The computing system of claim 16 wherein the performance-based employees are performance-based sellers of products.

21. The computing system of claim 16 wherein the performance-based employees are performance-based sellers of services.

22. The computing system of claim 16 wherein the performance information is obtained from one or more of:

a customer relationship management platform,

an inventory management platform,

an accounting platform,

a proprietary data file,

a proprietary datastore, and

manually-entered data.