- Netformx ChannelXpert helps manage and automate the process of capturing reward dollars, adhering to discount-based incentives, ensuring compliance, and tracking deals
- New offer enables complimentary access to Netformx ChannelXpert-View
- Partners increase productivity and profitability as a result of automation and a consolidated view of Cisco deal and rebate insights
SAN JOSE, CA—March 16, 2016—Netformx®, the leader in sales enablement and profit acceleration platforms for IT solution providers announced today ChannelXpert-View, a new offer for all Cisco Partners that is available without charge. This offering is in response to Cisco’s focus at the Cisco Partner Summit held in early March promoting collaboration and increasing profitability for Partners. ChannelXpert-View helps Partners manage their business by tracking — in a single pane of glass — Cisco rebate and reward program adherence, eligibility, milestones, due dates, bookings, targets, risks, and more.
Instead of analyzing spreadsheets occasionally and often inconsistently, ChannelXpert-View’s centralized dashboard quickly and easily identifies actions that increase Partner profitability. ChannelXpert-View provides intelligent business insights derived by analyzing and correlating data collected from numerous Cisco platforms (such as TPV, CCW, PAL, and GEP), as well as distributor, Partner, and other Netformx systems. Senior Management, Sales Leadership, Procurement, Deal Desk, and Finance executives can proactively manage their business by monitoring the ChannelXpert Control Room, which provides a consolidated view of Partner VIP (Value Incentive Program) and CSPP (Cisco Services Partner Program) participation as well as key insights about their purchase, deal volume, Partner Plus, and cloud bookings. Potential rebate calculations measure progress toward targets. These comprehensive insights are updated daily and are easy to consume and act upon.
Partners that would like to benefit from prescriptive analytics can upgrade to the full version of ChannelXpert to receive actionable alerts and notifications and detailed drill-downs of supporting deal and rebate data. ChannelXpert guides Partners through actions they need to take in order to secure certification and specialization status, maximize rebate attainment, track payment status, and validate all data. Coupled with Netformx DesignXpert®, ChannelXpert provides guidance during the design phase resulting in more profitable solutions, greater rebate attainment and adherence to company best practices.
With Netformx ChannelXpert, executives can drive profitability throughout the selling lifecycle with powerful business insights that enable them to proactively manage their business and increase their profitability.
Key Facts
- To onboard to a complimentary copy of ChannelXpert-View, Partners should complete the form to Onboard or contact their Netformx account manager.
- Netformx enables solution providers to increase their profitability more than 1% by reducing time-to-quote 80% and reducing implementation error rates by 99%.
- Cisco partners leveraging Netformx solutions report profitability increases of over 1% and in some cases over 5%.
- The Netformx ecosystem enables solution providers to win more deals and successfully implement technology solutions while maximizing profitability.
- Netformx ChannelXpert drives profitability with automated supply chain and incentive program management.
- ChannelXpert benefits include efficient and cost-effective vendor promotion management and automated monitoring, management, and up-keep of employee certifications.
- Productivity increases significantly, providing insights into many business-affecting areas that can now be managed more effectively.
- Using Netformx award-winning solutions, over 2,000 customers in more than 120 countries design and sell winning and implementable multivendor solutions while operating their businesses profitably.
Supporting Quote
“Profitability is an important driver for partner success and ChannelXpert-View naturally enables increased profitability. Partners who are participating in Cisco’s VIP 27 should onboard to ChannelXpert right away to ensure program adherence and to maximize their rewards,” said Ittai Bareket, CEO at Netformx. “I am excited by the disruption Netformx is creating by offering complimentary cutting edge analytics and helping to accelerate digitization globally.”
Resources
- “Uncover hidden profits in the enterprise network sales process with business intelligence, analytics, and automation”, an article in Connect World – ICT Global Magazine
- “ChannelXpert Enables ITS InfoCom to Increase Profitability Through Business Insights”, ITS InfoCom case study.
- “Netformx View on Market Trends and Sales Enablement for Solution Providers”, a video from TMC Editors Day in Santa Clara.
- Light Reading – Telecom Innovators Video Showcase: “The Netformx Ecosystem”.
- “Collaboration Technology Improves Cross-Department and Cross Company Innovation”, an article by Contact Center Analytics Review.
- InterComms Magazine article, “Prescriptive Analytics – Key for Solution Providers to Profitably Grow their Cloud and Telecom Sales Business”.
- “Automate Cisco incentive program management to drive profitability”, an article in Cisco Tribune.
- Frost and Sullivan’s “Error-free Design: Why Owning Service Complexity Benefits the Business”.
- “ChannelXpert Enables Chesapeake NetCraftsmen to Take Action”, NetCraftsmen case study.
- Netformx ChannelXpert, to increase profitability through greater program participation and tighter relationships with suppliers and distributors.
- Netformx customer case studies.
- Connect with Netformx on Twitter and LinkedIn.