InfoNow Extends Channel Insight 7 to Include On Demand Rebate, Pricing and Inventory Applications
13 March 2007 - 2:12AM
PR Newswire (US)
New Software-as-a-Service Solution Provides Unprecedented Access to
Point-of-Sale and Channel Inventory Data DENVER, March 12
/PRNewswire-FirstCall/ -- InfoNow Corporation, a leading provider
of channel visibility and location service solutions, today
introduced an enhanced software-as-a-service version of its Channel
Insight 7 that includes on-demand applications for managing rebate,
pricing and inventory data. With Channel Insight 7, companies now
have unprecedented access to point-of-sale (POS) and channel
inventory data which can be used to optimize product pricing,
market development funds, inventory levels and warranty programs,
among other critical channel requirements. "In less than two
months, InfoNow provided Polycom with significantly improved
visibility into our North American channel right through to our end
user customer purchases," said Mike Kourey, CFO at Polycom. "This
essentially real-time visibility is helping us more effectively
direct our sales, sales engineering, and marketing efforts with our
global accounts. In fact, driven by these productivity
improvements, we are now implementing InfoNow's Channel Insight 7
in Europe and the Asia Pacific regions." The Channel Insight
platform uses InfoNow's patent-pending technology to accurately
process channel POS and channel inventory data. The enhanced
on-demand Channel Insight 7 leverages this data and enriches the
information by matching it to third-party reference databases to
provide complete visibility into end-customer, reseller and product
sales data. New applications in Channel Insight 7 include: * Rebate
Insight -- aggregates revenue for fast and accurate calculation of
market development funds and volume incentive rebates; helps
companies ensure channel partners are paid quickly and accurately *
Pricing Insight -- matches special pricing quotes against point of
sale transactions for efficient auditing and reconciliation;
provides a complete, accurate view of channel pricing data *
Inventory Insight -- identifies channel inventory levels by partner
and product to perform balance calculations and expose pricing
changes; allows quick identification of slippage "Companies that
sell through distributors and VARs have long struggled with
incomplete and inaccurate data, making it difficult to effectively
manage their relationships and drive increased revenues," said Mark
Geene, CEO at InfoNow. "Channel Insight 7 solves this challenge by
capturing, cleaning and organizing POS, rebate, pricing and
inventory information into actionable business data." Available
now, InfoNow Channel Insight 7 starts at less than $1,000 per
month. About InfoNow Corporation InfoNow provides channel
visibility and location services to companies that sell through
complex channel partner networks. InfoNow Channel Insight(TM) gives
companies rich, timely and actionable data on channel sales,
including enhanced market intelligence on partners and end
customers. It also includes tools to help clients use this data to
profitably grow their business, through detailed customer
segmentation and profiling, targeted opportunity generation, robust
partner tracking and analysis, closed-loop opportunity tracking,
sales credit assignment, inventory tracking and more. InfoNow
Location Insight(TM) directs consumers to the optimal business
location such as a branch office, ATM or the appropriate business
partner through Internet, voice-response or mobile devices. InfoNow
Location Insight services also provide tools for location data
management, business partner profiling, and highly tailored lead
routing and management. Since 1996, InfoNow has helped leading
companies such as Bank of America, Enterasys Networks,
Hewlett-Packard, SMC, Visa and Wachovia better serve their end
customers through complex channel networks. InfoNow is based in
Denver, Colorado. For more information, visit
http://www.infonow.com/. DATASOURCE: InfoNow Corporation CONTACT:
Dana Dye of InfoNow Corporation, +1-415-928-1310, Web site:
http://www.infonow.com/
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