Solution to Deliver Powerful, Integrated Direct and Indirect Lead and
Opportunity Management System
SAN MATEO, Calif. - June 4, 2008 - BLUEROADS, a leading provider of
Partner Opportunity Management (POM) solutions has signed a strategic
partnership agreement with Microsoft Corp. to provide a seamlessly
integrated opportunity and marketing management solution to companies
who rely on sophisticated, multi-tier sales channels. The solution will
enable enterprises and their channel partners to drive, track and manage
referrals, leads and opportunities from first interaction to revenue and
beyond across all sales touch points. The solution will also enable
cross-channel sales teams to collaborate and more effectively team on
opportunities. The expected results include increased revenue, improved
sales forecast visibility and accuracy, enhanced tracking and
measurement of marketing investments and lower total cost of ownership.
A Powerful Combination
"As a leader in partner management solutions, BLUEROADS plays a critical
role in helping companies and their channel partners grow their revenues
and improve sales predictability," said Brad Wilson, general manager of
Microsoft Dynamics CRM. "By combining the power of BLUEROADS with the
Microsoft Dynamics CRM product, we will be able to offer one of the most
advanced and comprehensive solutions for companies needing to manage
both marketing and sales processes within, outside and across their
entire organization."
The new integrated solution from Microsoft Dynamics CRM and BLUEROADS
will enable customers to:
- Align each lead or opportunity with the best fit sales
resource(s) across both direct and indirect channels. The "best fit"
sales resource criteria can be based on a number of criteria, including
historical success, account profile, pre-existing relationships,
industry, expertise, and location. The result is accelerated sales
cycles, increased conversion rates and reduced channel conflict.
- Effectively drive opportunities from first interaction to cash
with contextual sales tips and sales cycle guidance. The combined
solution will deliver sales tips right into the context of the lead or
opportunity at the moment of the selling interaction. The sales tips can
include discovery call questions, product information, competitive
information or information on the campaign the lead was generated from.
The guided selling gives alerts to both the vendor and partner about
progress of the lead or opportunity which enables the vendor and partner
sales teams to identify issues in the sales cycle for an opportunity and
apply resources to move the opportunity along. The result is accelerated
sales cycles and increased conversion rates.
- Establish a seamless, unified team focused on driving revenue
by enabling direct and indirect sales reps to work on deals
collaboratively as appropriate. Vendors and partners (or partners and
other partners) can team up on the same opportunity, make opportunity
updates, share documents and sales tips into the opportunity, provide
deal guidance throughout the lifecycle, establish individual sales rep
incentives, and jointly target and market to specific opportunities.
- Enhance opportunity tracking and measurement through a
real-time, cross-channel view of total forecast down to the sales rep
level that allows tracking of opportunity pipeline and marketing
campaign performance across both direct and indirect teams.
- Increase lead performance by ensuring that the right lead gets
to the right sales rep in real time. The combined solution will enable
leads from any source including marketing campaigns, influencer
referrals, web site, conferences and inside sales to be delivered to the
sales rep with the highest likelihood of winning the deal. The solution
also includes sales tips, guided selling and alerts to ensure that the
leads move through the lead and opportunity pipeline and turn into cash
at the highest possible rate. If a lead isn't acted on in a pre-defined
manner at any stage of the lead to cash cycle, both vendor and partner
are alerted for escalated action.
- Improve marketing campaign performance by ensuring that all
leads are delivered into a closed-loop tracking and management solution.
The combined solution will give unified visibility across all sales reps
on lead conversion through the lead and opportunity funnel to clearly
understand critical metrics such as which marketing investments have the
highest performance and which reps are moving leads through each stage
to cash most effectively.
- Surface more opportunities by leveraging your broad partner
and influencer base through closed-loop lead referral. The combined
solution will enable a broad partner and influencer base to refer a lead
and be compensated for their participation or role in the ultimate
opportunity. The solution enables compensation at any stage of the lead
to opportunity cycle and any form of compensation, including currency,
points, percentage, etc. The referring partner can also audit the
progress of their referred lead all the way to payment or rejection. The
lead is put into the standard lead pipeline and will be routed to the
direct or indirect sales rep most likely to win the opportunity.
- Effectively use and improve processes by employing
consolidated workflow rules and data structures that allow for flexible
and powerful sales processes to be built across both Microsoft Dynamics
CRM and BLUEROADS. Companies can optimize their incentive and
compensation management policies to reward the right behaviors, as well
as the Lead-to-Cash workflow process (including quote and order
management).
"Forming a strategic partnership with Microsoft Corporation is the
logical next step in our overall strategy to provide the most
comprehensive channel management solution on the market," said Shinya
Akamine, CEO at BLUEROADS. "Microsoft is undeniably one of the most
recognized and influential companies in the world, and their Microsoft
Dynamics CRM product is perfectly suited to complement BLUEROADS'
partner opportunity management solution. We view our integrated solution
as a way for customers to rapidly deploy channel industry best practices
while taking advantage of the Microsoft technologies and Dynamics
platform that they trust and rely on."
About BLUEROADS Corporation
BLUEROADS Corporation delivers proven enterprise Partner Opportunity Management solutions that help organizations with complex, multi-dimensional channels market and sell more effectively. Customers like Avaya, Polycom and Juniper depend on BLUEROADS' unique closed-loop system which empowers individual partner representatives to actively participate in sales and marketing processes. BLUEROADS strengthens the bond between vendors and their partners, achieving the mutually beneficial goals of increased conversion rates, revenue and market share. BLUEROADS is headquartered in San Mateo, California and is financed by ArrowPath Venture Capital, Cardinal Venture Capital, El Dorado Ventures and The Halo Fund. For more information, please visit www.blueroads.com.