[By NBC-1TV E. H Kim]Callidus Software Inc. (NASDAQ: CALD), the leader in sales effectiveness and cloud computing, announced today that Systems Information Technology (HK) Limited (“Digital China SIT”), from Digital China Holdings Limited, China's leading integrated IT services provider, has selected the CallidusCloud™ WebSource CPQ (Configure, Price, Quote) solution to automate and accelerate the quotation and proposal generation process for its sales team in Hong Kong. The agreement was signed in the fourth quarter of 2011.

WebSource CPQ provides a 100% multi-tenant, SaaS solution that simplifies and accelerates selling of all types of products and services. Requiring only a browser, WebSource CPQ enables users to quickly configure, price, quote, propose, and sell solutions, anytime, anywhere. The solution specializes in boosting sales through faster, more accurate quotes, collaborative selling, and increasing profit margins across companies with simple product catalogs all the way to complex, multi-channel sales networks.

The WebSource CPQ solution is delivered as part of CallidusCloud's comprehensive SaaS suite designed to help businesses drive more effective sales at each stage of the talent lifecycle, from making the right sales hire, to making it easier to sell, to motivating sales execution with targeted incentives and rewards, to building a knowledge-based work culture with high frequency coaching and development. The CallidusCloud platform is an award-winning, multi-tenant SaaS infrastructure that includes the Hiring Cloud, the Sales Enablement Cloud, the Sales Performance Cloud, the Learning Cloud, and a best-in-class SaaS Reporting & Analytics platform.