Are PRM Software Technologies a Good Investment?

There are several naysayers that claim PRM is not a good investment and that many companies are turning to free as well as hosted solutions instead. They claim that it is only the initial allure of automation that makes it so attractive at first. The various common processes that are involved in managing one’s bulk of channel partners are truly great that it created a burst in the field several years ago. However, they claim that the field is not folding over and nearing its final bow.

The rate of growth that the Partner Relationship Management tools industry have gone through is truly fast. It shot up to the roof before in the year 2000. However, it seemed back then that there were not enough customers who wanted to purchase such a service.

There have already been a number of casualties for this phenomenon. Hosted channel management firms that simply specialize in certain industries for channel relations have been dying out in the past years. There were simpler or more traditional solutions to the solution which these companies offered. Once could simply use Fed Ex tubes or integrate a complex system for this task. More often than not, companies preferred the simpler solution.

Here is the main issue of the whole debacle: At first, these tools were marketed and bought for the purpose of creating a streamlined system for various channel related practices and activities. Training, fostering teamwork, communications, product introduction synchronization, and organization of resellers were the initial promise that PRM software had been touting around. But the thing that most companies are seeing right now is that it does not create this effect. Or if it does, it does so at a meager level. It is not significant enough to be called a progressive development as effected by investment on this product system which costs a lot of money in terms of integration as well as maintenance.

However, even though partner relationship management did not deliver on this initial goal, it still created an affect. Instead of synchronization and over all organization of communications, it turned out or was primarily used as a platform which founded management and publication of pricing in the network. It also specifically was useful for the control of the pricing. This was because all the data it created was streamed directly towards both the parent company as well as others involved in the joint venture. And it was able to create analytics since the data was detailed and was constantly updated in the very platform that automatically calculates these figures at hand. This became its best edge.

So for those who are thinking of investing on PRM software, this must be what should be kept in mind. This strength of Partner Relationship Management software should be weighed against its cost. For a lot of companies, this is an indispensable need. Control of pricing is a key element to productivity especially for companies with a vast channel cloud system. It will enable such companies to arrive on well-deliberated choices when it comes to allocation of supplies for channel sales.

Collaboration Software: Index of Collaboration Software Technologies

Collaboration Software

Collaboration Software, also known as group collaboration software or groupware, is software which allows cooperation on a business document between multiple parties on multiple computers. Collaboration software also allows the integration and merging of document changes and versions on a business document.

There are two types of collaboration software: IT centered and low IT involvement. IT-centered collaboration software, like many document and content management platforms, requires new IT infrastructure, training, maintenance and support. Low IT involved collaboration software communicates collaborative information to all parties involved using the existing IT infrastructure and with little or no training and maintenance, making open collaborative software more diverse and less expensive. This type of collaboration software also manages the ad hoc processes of business collaboration, assisting businesses even when the workload and deadlines create a hectic and disorganized schedule.

This article presents an index of collaboration software technologies to assist businesses in finding collaboration software that works for them. Any given internet search on “groupware” or “collaboration software” will yield millions of results. Knowing what technologies to look for will help whittle down the results to a groupware that works the way businesses work.

literally threads together multiple drafts of a document by placing a tag in the metadata of the document. Each time the document is edited or changed, the changes are tracked. When it comes time to merge versions of the document into the final draft, each version will be accounted for. In addition, those who work on the document will know what changes were made, when they were made, and where and by whom the drafts were saved.

Digital Signature is a signature appended to e-mails sent back and forth with draft attachments during the collaboration process that informs the user which draft it is and by whom it was saved. Finding the latest version of a document is very simple to track.

Version History ties everything together by presenting a visual flowchart outlining the “genealogy” of the document. Each draft is accounted for, and the who, what, when, where, and why of the document and its drafts are always answered.

Merge is usually the final and most difficult step of document collaboration. However, adopting the right collaboration software simplifies this process by allowing you to compare the changes in a document, even when those changes are saved in different locations or in your email account. Merging documents is often synonymous with sifting through document chaos, but collaboration software suites which can manage ad hoc business collaboration simplify the tracking and merging of document drafts.

Conclusion

Businesses move quickly, and collaboration software needs to be able to keep up. Business collaboration can be a messy ad hoc process, and collaboration software needs to be able to manage it. Merging business documents can be confusing and chaotic, and collaboration software needs to be able to simplify it. Digital Thread Technology, Digital Signature, and Version History are technologies that have combined to find a way to work the way businesses do.

Boost Your Real Estate Business With Software Technology

Transaction Management Software for Agents and Brokers

With advancement in technology, most businesses have started operating using software technology which helps them automate most key processes, achieve greater accuracy and save significant amount of time and money. Until now real estate businesses were all about maintaining records on paper, keeping track of multiple ongoing transactions manually, getting important documents signed the conventional way and referring paper documents to take a look at property listings. However, this is not the case anymore. Property agents and brokers can now heave a sigh of relief as software technology has penetrated the world of real-estate too!

Real estate transaction software help property agents and brokers go digital and say goodbye to office stationery and piles of folders and documents. Real estate software automate and digitize several key of land operations such as archives maintenance and access, transaction management, setting up of check-lists and reminders, document management and getting important signatures on essential documents.

Benefits of Using Real Estate Transaction Software

The benefits of using transaction management software for agents and brokers instead of conventional manual labor are many. Firstly, it saves considerable amount of time and effort. Since most key processes are automated and digitized, agents and brokers do not have to spend precious time and effort searching documents and maintaining records; they can access any document anytime and anywhere using their laptops, tablets, desktops and smartphones. Since documents can be signed electronically, agents and brokers do not have to fret and worry for missing signatures at the last minute. Secondly, this software mitigates the need to spend on expensive office stationery, thus saving money and helping a business go eco-friendly at the same time. Lastly and most importantly, this software suite comes with features of security and backup, ensuring that all the data stays safe and organized at all times and risk of data loss is significantly minimized.

There are several real estate management software suites available in the market but the one that stands out impressively and is used by several reputed real estate firms is SkySlope.

SkySlope

SkySlope is an efficient and reliable paperless ducument management for agents and brokers who wish to take their businesses to higher levels of discipline and profitability by using power software technology to organize their businesses. SkySlope can be availed on a monthly or yearly subscription basis and embeds powerful security firewalls to make sure that all data stays completely secure and confidential. Authorization checks are used to limit access to essential documents and all keys real estate processes are integrated seamlessly to allow maximum convenience of usage. A free trial offer is also available for interested users!