Companies must have a system where they can manage their relationships with their investors and sales partners. With partner relationship management software, companies can establish smooth relations with their stakeholders effectively. Here are some of the best partner relationship management software available right now.
4+ Partner Relationship Management Software
5. Zift Solutions
What Is Partner Relationship Management Software?
Partner relationship management software is a business software where users track and connect with businesses, sales partners, and investors. This partner relationship management system enables users, mainly businessmen and investors, to communicate and provide support to businesses.
Partner relationship management software helps businessmen to support businesses by allowing them to communicate with their partners and investors. Through the efficient communication hosted in the partner relationship management platform, the software can help optimize their relationship with their partners such as retailers. The software also allows users to distribute business opportunities fairly. The software can also help users to keep track of the performance and success of their business. The software can also help them comply with business regulation laws through the use of the software’s compliance management software tools. The software also helps businesses to provide incentives and rewards to their loyal partners who have helped out in the business. The software also helps users to navigate the partner relationship through a private portal that hosts a variety of features such as market development funds, document management, campaign management, and more.
Partner relationship management software should provide a portal for users to communicate with their business partners that can help them increase their business connections and prospects. The partner relationship management tools should provide onboarding and training software capabilities to help them train their new employees. The software should also provide access control tools for head users such as managers and bosses to set permissions and access the information hosted in the software. It should also include automation workflow capabilities that help users with its automation setting of certain tasks such as sending push notifications to their business partners. The software should also provide tracking tools to help them measure the effectiveness of their sales partner activities.
- Portal for users to communicate with partners
- Onboarding and training capabilities
- Access control tools
- Automation workflow tools
- Track effectiveness of sale partner activities
Top 5 Partner Relationship Management Software
Allbound provides users with partner relationship management software that helps them simplify and digitalize their partner relations. Allbound has 70 employees and earns annual revenue of $8.1 million.
2. Zift Solutions
Zift Solutions enables users to align their channels and marketing with its powerful and straightforward partner relationship management software. Zift Solutions has 194 employees and earns annual revenue of $28.1 million.
Impartner’s partner relationship management software helps unlock potential in users’ indirect sales by allowing them to accelerate their channel thanks to its channel marketing automation capabilities. Impartner has 185 employees and earns annual revenue of $27 million.
PartnerStack allows users to advance their partnership revenue with its partner relationship management software as a service. PartnerStack has 131 employees and earns annual revenue of $19 million.
Magentrix combines partner relationship management with customer relationship management that can help businesses improve their relationship with their important stakeholders and partners. Magentrix has 30 employees and earns annual revenue of $4.4 million.
Who would use partner relationship management software?
Partner relationship management software is usually used by departments in companies that deal with third-party partners such as distribution centers, warehouses, transportation companies. These users use the software to allow them to communicate with their third-party partners.
Is partner relationship management software similar to CRM software?
The partner relationship management software should not be confused with customer relationship management software as partner management software focuses more on optimizing relationships with their company partners while CRM software focuses on managing relationships with their customers.
How much does partner relationship management software cost?
Pricing for partner relationship management software is usually customized, with each software offering different subscription tiers that offer more features as the prices increase. Pricing for partner relationship management software varies depending on the features available and the intended users. Small companies and personal users may benefit from low-cost partner relationship management software while large companies and professional users may benefit from high-cost d partner relationship management software.
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