Your CPQ is Not Built For Renewals Growth

Enhance your CPQ (Configure, Price, Quote) capabilities by integrating them with Renewtrak’s renewals automation platform. We use your CPQ data to create a renewal notification system, identify upsell/cross-sell chances, and give clear visibility into post-quote customer interactions.

Unlocking Synergy: Renewtrak Vs. CPQ

Renewtrak + CPQ

Renewtrak is a Renewals led growth platform. Mainly used to retain and grow existing account renewals.

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Automated Renewal Reminders on Day 1

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Renewal quotes are issued automatically to the customer

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Real-time insights into post-quote activities and interactions, including opens and engagements.

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Includes upsell and cross-sell opportunities automatically, using raw data (or data from CPQ).

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Includes a digital customer view that enables customer to browse expansion options and self-checkout.

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Empowers vendors selling directly to customers or going via the channel.

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Provides vendors with real-time channel performance and end customer buyer behavior.

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Enables channel partners to monitor and manage quotes in real time.

CPQ

CPQ’s are used in the initial sales process. They’re primarily used to provide accurate pricing with any given product configuration scenario.

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Renewal reminders have to be built in manually.

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Quotes have to be downloaded and sent manually.

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No visibility into what happens after the quote is issued to the customer.

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Produces like-for-like quotes.

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No customer view.

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Can’t navigate the tiered sales model via Distributor and Channel Partners.

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Vendors may not have visibility into channel performance.

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Channel partners must handle quotes and renewals manually.

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Turn Every Renewal Into An Upsell

Maximize recurring revenue using Renewtrak. While CPQs provide your basic like-for-like quote; we take it a step further. With Dynamic quotes that include relevant upgrades for each customer – customers can adjust their options in real-time, see quotes, and self-check out.

With 67% of customers preferring self-service, it’s easy to see why Renewtrak is the SaaS renewal software of the future.

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Support Your Channel Partner Success

CPQs do little to support channel partners. Every quote and renewal is handled manually. On top of that, you have no way of forecasting your renewal rate due to little to no visibility.

See What Our Customers Have to Say!

  • “By partnering with Renewtrak and adopting its automation platform, we were able to future-proof our highly transactional renewals business with an out-of-the-box, M/L and AI powered platform to improve productivity, cost efficiencies and global scale capabilities”

    David Pinto
    Senior Director – Strategy, Planning and Operations, VMware
  • “We set out to provide end to end solution partners about opportunities 90 days prior to expiry including upsell or cross-sell quotes. We couldn’t have done it alone and worked collaboratively with our partners to address their specific requirements.

    Our goal is to make it as simple as possible for our end users and partners because smarter renewals is a win for Lenovo, our partners and our customers. I would like to thank Renewtrak for helping us solve our renewals opportunity”

    Glen Edington
    Director of after point of sales services, Lenovo
  • “When we start looking at how to accelerate the IBO, Renewtrak came to us as a very powerful automated solution. The platform has an incredible ease of use, for all of the different parties involved including HP, the channel and the HP End Customers. This solution is a step ahead compared to others on the market. The implementation & joint effort work were an excellent collaboration between HP & the Renewtrak company Team. The key benefits for us has been to drill down into the data with a level of granularity we were not able to achieve in the past, and to give a new potential for our partners in extending warranties and growing their revenues as well as targeting the right accounts.”

    Edith Demarle-Massot
    HP SEMA Workforce Solution Category Manager

Ready to upgrade from CPQ?

Take your renewals to the next level and boost recurring revenue with Renewtrak!