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ZINFI Releases Comprehensive Guidebook: “Mastering Partner Ecosystems: A Strategic Guide to Success”

An innovative guidebook gives businesses the strategies and insights to thrive in today’s interconnected landscape.

ZINFI Technologies, Inc., a company leading the definition and creation of Unified Partner Management (UPM) solutions, is excited to announce the release of its latest guidebook, “Mastering Partner Ecosystems: A Strategic Guide to Success.” This comprehensive guide is designed to help businesses navigate the complexities of partner ecosystems, providing essential strategies, insights, and tools to build, optimize, and sustain robust and resilient partner networks.

In an era characterized by rapid technological advancements and shifting market dynamics, the strength of a company’s partnerships is crucial for achieving sustained growth and competitive advantage. Recognizing this, ZINFI’s new guidebook focuses on the critical aspects of partner ecosystems, including innovation, agility, and customer experience.

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Key Highlights of the Guidebook Include:

  • Understanding Partner Ecosystems: Insights into building collaborative business networks that drive mutual success.
  • Technological Innovations: Analysis of the impact of AI, cloud computing, and digital transformation on partner ecosystems.
  • Demographic Changes and Workforce Dynamics: Strategies to adapt to shifting demographics and workforce trends.
  • Geopolitical Tensions: Approaches to building resilient ecosystems amid global uncertainties.
  • Data and Analytics: Techniques for leveraging data-driven insights to optimize partner relationships.
  • Future Trends: Explore critical trends such as innovation, agility, and enhanced customer experience.

“At ZINFI, we understand that the success of our clients is deeply intertwined with the strength and efficiency of their partner ecosystems,” said Sugata Sanyal, CEO and Founder of ZINFI Technologies. “Our new guidebook is a comprehensive resource that provides actionable strategies and insights to help businesses build and maintain effective partnerships, ensuring they remain competitive and resilient in today’s rapidly changing market.”

The guidebook, “Mastering Partner Ecosystems: A Strategic Guide to Success,” is available for free download at: https://www.zinfi.com/guidebooks/mastering-partner-ecosystem/. Businesses of all sizes are encouraged to use this valuable resource to enhance their partner ecosystem strategies.

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ZINFI has consistently been named a PRM “leader” by G2, the world’s leading business solutions review website. ZINFI has earned this distinction over multiple consecutive quarters dating back to 2019, most recently in G2’s Summer 2024 G2 Grid® Report for Partner Management Software. G2 scores are based on the responses of genuine, verified users and data aggregated from online sources and social networks.

ZINFI offers its potential customers a 30-day free trial (no credit card required), which provides access to its entire Unified Partner Marketing (UPM) automation platform. This will allow prospective buyers to test-drive its industry-leading channel management applications before purchasing.

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CallRail Launches AI-Powered Convert Assist

New product is the first from innovation program, CallRail Labs

CallRail, the AI-powered lead intelligence platform, announced Convert Assist, a new product that combines generative and conversational AI to bring purposely applied, easy-to-use lead conversion solutions to SMBs.

“Leads are expensive, and Convert Assist is the key to ensuring we’re able to maximize conversations with all our leads without letting any fall through the cracks. And if we book just one more job, the solution pays for itself.”

Convert Assist brings together three successful alpha features – action plans, call coaching and smart follow up – from the company’s innovation program, CallRail Labs. These features combined bring CallRail customers a fast and effective way to personalize conversations with leads and accelerate response times to increase conversion rates.

Improving lead-to-sale conversion is always top of mind for business owners, however, many struggle to stay on top of their lead pipeline due to a lack of resources.

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“As a marketer myself, I understand the value of each and every lead, and how important it is to provide a personalized response to each one, quickly,” said Laura Beussman, Senior Vice President of Marketing at CallRail. “Most customers expect a response from a business within hours, and are most likely to go with whoever responds first. Convert Assist is a game changer for the industry that will help SMBs capture more leads and turn them into paying customers. I’m excited we’re able to take the innovations coming out of CallRail Labs and launch a new, AI-driven product that will make an immediate impact for our customers.”

Convert Assist is the only solution in the market that combines conversational and generative AI to:

  • Auto-generate easy to understand next steps for every lead, based on all prior calls with your business, to ensure timely, personalized follow ups that increase lead conversion
  • Automatically draft ready to send email messages or call back content to enable quick and customized re-engagement
  • Provide real-time call coaching to front-line agents to improve conversations and customer experience

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“As a small business, working smarter, not harder is a necessity,” said Tracey Fraizer, office manager at Remedy Plumbing. “Leads are expensive, and Convert Assist is the key to ensuring we’re able to maximize conversations with all our leads without letting any fall through the cracks. And if we book just one more job, the solution pays for itself.”

Convert Assist is the latest addition to CallRail’s suite of AI solutions – including Conversation Intelligence and Premium Conversation Intelligence. CallRail partners with AssemblyAI to power AI solutions with the most accurate speech-to-text AI model available, trained on 12M+ hours of real conversational data. This ensures CallRail customers get the highest quality AI insights and generative content possible.

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SecurityPal Introduces Customer Assurance Suite, The First Comprehensive Solution To Automate And Accelerate the Security Review Process

OpenAI, Figma, MongoDB, and Airtable Trust SecurityPal to Drive Business Growth Without Compromising Security

SecurityPal, the leader in customer assurance technology, proudly announces the launch of its Customer Assurance Suite (CAx)™, the first comprehensive solution to streamline and accelerate the security review process. This pioneering platform is chosen by the world’s most innovative and fastest-growing companies, such as OpenAI, Figma, MongoDB, and Airtable, to enhance their security postures and build unwavering trust with stakeholders.

“When we first partnered with SecurityPal, I was optimistic but had no idea what to expect”

In an era dominated by stringent regulations like GDPR, CCPA, SOC 2, and ISO, businesses are under immense pressure to maintain robust security, compliance, and privacy standards. SecurityPal is pioneering a holistic approach to security reviews, combining advanced software, cutting-edge AI, and a team of certified security experts. This integrated strategy ensures enterprises can implement new technologies swiftly while meeting compliance requirements and providing continuous security oversight.

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SecurityPal’s Customer Assurance Suite is supported by the industry’s only 24/7 Global Security Operations Command Center (SOCC), staffed by over 150 multilingual, certified cybersecurity professionals. The SOCC ensures customers are always prepared for security assessments, ad-hoc security inquiries, documentation requests, and more, providing round-the-clock protection and expertise.

The Customer Assurance Suite (CAx)™ is essential for modern enterprises navigating the complex landscape of security, privacy, and compliance. With CAx, companies can streamline security operations, enhance their security posture, and build lasting trust with customers, partners, and stakeholders. More importantly, they can accelerate B2B transactions, drive growth, and foster innovation by simplifying and securing the customer assurance journey.

Comprehensive Solutions and Capabilities

  • Questionnaire Concierge: 24/7, “always on” team of certified analysts for rapid completion of security questionnaires, review portals, and documentation requests.
  • Knowledge Library: Single source of truth for security, GRC, and product documentation, powered by AI and human expertise for continuous library refresh.
  • Copilot AI: AI-powered responses for fast, high-quality responses to any security, compliance, and privacy queries.
  • Assurance Profile: Single-page profiles to demonstrate the strength of your security and GRC posture to customers, vendors, and stakeholders.
  • Vendor Assess (Third Party Risk Management): Vendor assessment, continuous monitoring, and reporting to efficiently evaluate potential and current partners.
  • Altitude: Strategic insights, recommendations, and training sessions to support security teams’ professional development.

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Diebold Nixdorf Provides Self-Service Checkouts with AI-Powered Automatic Age Verification for “Dorfladen Freckenfeld – Powered by EDEKA Paul”

Self-service technology enables economic operation of new store concept to ensure local supply in rural areas

It is now possible to quickly pick up a packet of flour or a bottle of wine around the clock including weekends in the village of Freckenfeld (Rhineland-Palatinate, Germany). The local village store had been closed since May 2023 and was recently reopened with a new operator and a new concept: as a 24/7 grocery store with self-service. To ensure a smooth operation, Diebold Nixdorf equipped the store called “Dorfladen Freckenfeld – Powered by EDEKA Paul” with two DN Series® EASY eXpress self-service checkouts for cashless payment. Both systems run in a special unmanned mode keeping them ready for use at all times, for example, by deleting uncompleted transactions after a timer has expired.

In the mornings, employees are on site to replenish the shelves and assist customers when required. During this temporary presence of staff, the purchase of age-restricted goods such as alcoholic beverages – the range in the village store includes numerous products from local winegrowers – can also be carried out using automatic, AI-based age verification. When an item is scanned at the self-service checkout, the Vynamic® Smart Vision I Age Verification solution from Diebold Nixdorf asks customers whether or not they would like automatic age recognition. Once consent has been given, the customer’s facial characteristics are analyzed using a camera installed on the system and sophisticated AI algorithms determine their age. If this age is above a predefined threshold, the transaction can be continued.

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If there is no staff in the village store, the area with the age-restricted goods can only be entered upon presentation of an ID card, which then also authorizes the purchase.

The new operator of the store is Benedikt Paul, who already runs two EDEKA stores in Rhineland-Palatinate as part of the EDEKA Group, which is one of the leading German supermarket organizations: “Our ‘Dorfladen Freckenfeld – Powered by EDEKA Paul’ offer has been very well received. We are delighted that, together with the residents of Freckenfeld, we have been able to develop a new approach to convenient local shopping that optimally meets the needs of our customers with a modern store concept and innovative technologies, while at the same time enabling cost-effective operation.”

Matt Redwood, vice president, Retail Technology Solutions at Diebold Nixdorf, said: “The village store in Freckenfeld is a successful example of how modern store technology with self-service checkouts can help to ensure that local supplies, which are urgently needed in rural areas in particular, are available around the clock. The automatic, AI-based age verification solution also enables a faster checkout process. This pleases customers and allows employees to concentrate on their core tasks.”

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SalesTechStar Interview with Patrick Finn, VP of Sales at Cloudflare

Patrick Finn, VP of Sales at Cloudflare shares some key sales, salestech and sales leadership best practices in this Q&A with SalesTechStar:

__________

Hi Patrick, tell us about your B2B tech journey so far and what led you to your role at Cloudflare

There are a handful of technology companies that have shaped the way organizations operate worldwide. I’ve had the privilege to work at three of them with IBM, Cisco, and now Cloudflare.

Cloudflare’s mission is to help build a better Internet and, while we’re not yet a household name, there’s a good chance you’ve already benefited from Cloudflare’s technology several times on the way to reading this. Today, we protect 20% of all websites against cyber attacks and stop 209 billion online threats every 24 hours. Because of our connectivity cloud technology, millions of organizations are able to easily connect their people, systems, clouds, and devices while staying safe online. Our customers range from small independent news sites to 30% of the Fortune 1000.

Why is this so exciting for me? Throughout my career I’ve helped companies benefit from the emergence of new technologies from robotics and automation to data analytics. Cloudflare has a unique opportunity to help businesses navigate the three waves of technological change that every company is experiencing: cloud computing, AI, and cybersecurity. I couldn’t be more thrilled to help more companies realize the benefits of working and partnering with us. The future is bright and the best is yet to come.

What about B2B technology sales is not working today: what would you tell fellow technology sellers to do to drive sales conversations and conversions?

The biggest mistake in sales has always been—and always will be—failing to recognize the importance of both art and science in building successful customer and partner relationships. Every good sales leader should embrace new technology (the science) to drive efficiency. However, tools and software are available to everyone, so won’t necessarily give you a competitive advantage on their own.

The key to driving conversations and conversions is the art of sales: understanding your customer’s emotional state, desires, goals, drivers, and what they want to achieve for their business and in their career.

A simple way to begin to map those drivers and motivators is to identify which of three categories you prospect is in. Are they focused on ‘speeds and feeds’; just the product features and capabilities? Are they solving a specific problem which touches their most significant technology and business challenges? Or finally, are they solving industry-wide challenges which require you to demonstrate vertical and domain expertise? Understanding where your prospect is right now is the first step to knowing what type of conversation they’re open to having.

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Can you talk about the salestech and revtech you’ve relied on over the years to boost growth goals?

With the current pace of change driven by cloud computing and AI, the technology that helped me in the early part of my career is less and less relevant. There’s much more value in looking forward. At the same time, I would caution any salesperson to get too narrowly focused on what technology can do for them.

Yes, it is and will continue to change the game when it comes to applying data insights to improve how and where salespeople invest their time, but it can’t replace the relationships that are essential to B2B sales. Customers who feel like they’re on the receiving end of a chatbot won’t engage. Knowing your customer remains critical.

We’d also love to hear more on your use of AI in sales and how you’d tell sellers in the industry to optimize use of AI powered salestech to scale their efforts.

AI is already having a tremendous impact on the science of sales. From identifying the best prospects to spotting early signals in product usage and engagement that might indicate a potential issue to get ahead of. When it comes to the high-touch, high impact world of B2B sales, AI can only do so much.

What skills do you feel modern technology sellers need to hone in more to make a difference in sales today?

An openness to change, a willingness to learn and be vulnerable is going to be key to adapting to this new environment. I’m a firm believer that the human element has a long future when it comes to sales, but the world will always be changing.

A few last thoughts on the state of B2B SaaS Sales?

Navigating this moment of change requires sales teams to work on a consistent set of priorities that leaders should be insisting on. This includes a focus on a unifying goal, effective communication, process, accountability, and, critically, attitude. Building these strengths in the long-term will help salespeople, teams, and organizations adapt to whatever comes next.

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Cloudflare, Inc. (NYSE: NET) is a leading connectivity cloud company that empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost.

Patrick Finn, is VP of Sales at Cloudflare

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How Technology Sales Leaders Should Check in With Themselves

After being promoted to a sales leadership position, it’s very likely that you’ll feel a whole host of emotions. Nervousness, imposter syndrome, excitement, perhaps even fear. Try to identify and discern the reasons why you are feeling what you are feeling. You will need to be cognizant of these new inputs and the effects they may have, in a way you never had to consider before. Ignoring and pushing on regardless is not a recipe for helping to grow your leadership capability.

Negative Emotions

Negative emotions are an inevitable part of the human experience. Learning to navigate and manage these feelings is crucial for maintaining emotional balance, and fostering resilience. By understanding the root causes of our negative emotions and employing effective coping strategies, we can transform our reactions and cultivate a more positive and constructive mindset.

For those newly promoted or joining new companies in leadership positions, what you are feeling is as important a data set as any other, and understanding negative emotions is key to ensure that you are leading with impact. We can all be our own worst critics, so check on your confidence levels and especially how unkind you are being to yourself. Remember, the stories we tell ourselves are a way of programming the mind. Sometimes, we need to reprogram ourselves to break engrained, embedded neutral pathways and ways of thinking. So, start with your values and understanding what got you here. Once you have done this, focus on your vision, mission, and goals and start to lean into some positive, more confident thoughts.

This can be challenging, especially if your industry is complex and you are unsure of where to start in your new role. This desire to get going can push inner reflection aside too easily. It is, however, entirely on you to focus on managing yourself, carving out the time to build the inputs that you can shape into a confident narrative to back yourself.

Adopting a Growth Mindset

Embarking on personal and professional growth often involves deliberate placing of oneself into uncomfortable situations. This concept is rooted in the idea that stepping outside of one’s comfort zone is fostering learning, resilience, and adaptability. Investigating your emotions and fears might be uncomfortable but consider them an opportunity to grow and enhance your leadership capability. When individuals purposefully expose themselves to challenges or unfamiliar territories, including internal reflection, they confront new perspectives, skills, and experiences that contribute to their overall development. It’s about recognizing that true growth often lies just beyond the boundaries of familiarity and complacency, encouraging individuals to embrace challenges as stepping stones toward becoming their best selves.

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Changing Neural Pathways and Fixed Thinking

Changing ourselves can be the hardest thing to do but it is entirely possible, and being in situations beyond our comfort zone is something one should strongly embrace in order to challenge oneself, as it is now that you can truly learn and grow.

Start by taking a moment to acknowledge the feelings you are experiencing and ask yourself in each case why they are there. Jot these down without immediately trying to find solutions; consider now putting them through a positive forward-thinking structured exercise. An example exercise to undertake at this point would be to ask yourself some open questions:

  • What am I feeling? (Lack of confidence, lack of expertise, imposter syndrome, not knowing where to focus, fear of conflict, etc.)
  • What is the impact this emotion is having on me right now?
  • Why am I feeling this way toward this situation or person or perceived weakness?
  • What is the leadership shift I would like to make right now and why?
  • How will I address these feelings the next time they arise?
  • What is the one thing I could change to improve my performance?

By thinking about and answering these questions you are already putting things into a more positive light. Try to come up with a mission statement for yourself as a response. An example might be:

“I want to be better at navigating complexity and change. I want to use effective and clear communication, while working collaboratively and in comfort with conflict.”

With a powerful mission or problem statement prepared, you can then review the journey you will need to make. This in turn can psychologically prepare you for the effort you will want to make to get to your destination. This is all in the context of you defining what it is you need to be to be able to win.

It is at this point that you can break down the components of the changes or actions you need to make into clear categories of where you are and where you would like to be. Examples could be mindset, behaviors, impact, and desired results. In terms of actions, these could be, for example, ask for training, learn about a topic or a detail of your business, or to sit down and explore your working relationship with someone. Write these down somewhere and return to them as you evolve in your journey. Now, you can address those demons you have originally acknowledged and focus to work on thinking about the changes you will affect as you enter into your new role.

Negative emotions are a natural part of transitioning into new roles but they need not be a hindrance. By recognizing and addressing these feelings early, you can transform them into valuable insights that enhance your leadership capability. Embracing a growth mindset and being proactive about self-reflection allows you to navigate complexity and change more effectively. Remember, your emotions are an essential data set that can guide your development. Take the time to understand and manage them, and you’ll be better equipped to lead with confidence and resilience. Your journey toward effective leadership begins with this conscious effort to understand and harness your emotional landscape, turning potential obstacles into opportunities for growth and success.

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Aptean Expands Warehouse Management and Supply Chain Capabilities Through Acquisition of Principal Logistics Technologies

Comprehensive platform designed for 3PL, wholesale, distribution, manufacturing and retail markets

Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Principal Logistics Technologies (“PLT”), a provider of purpose-built warehouse management and supply chain optimization software solutions.

With the acquisition of PLT, Aptean adds new capabilities to its warehouse management and supply chain management offerings for wholesalers, importers, manufacturers, retailers and 3PLs.

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Founded in 1991 and headquartered in Dublin, Ireland, PLT provides mission-critical software designed to manage complex warehouse operations, optimize supply chain efficiency and increase ROI. PLT delivers an integrated suite of solutions including picking, stock management, receiving, reverse logistics, order management, dispatch control and load bay management. The PLT platform is designed to manage operations across single-site and multi-site systems. PLT possesses deep industry expertise across the 3PL logistics, bulk commodities, chemicals, cold storage, grocery, pharmaceutical, wholesale / distribution, manufacturing and retail verticals.

“PLT has a proven track record and over 30 years of experience delivering mission-critical warehouse management and supply chain optimization solutions across Ireland and the United Kingdom” said Duane George, President of EMEA and APAC at Aptean. “The PLT platform delivers a robust suite of software solutions designed to manage complex warehouse and supply chain operations and is backed by a team of seasoned industry experts. We are thrilled to welcome the PLT team and customers to Aptean.”

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“We are delighted to join an organization like Aptean who shares our commitment to delivering leading warehouse and supply chain management solutions. Together with Aptean, we are excited to offer our customers even more solutions to help manage and optimize their warehouse and supply chain operations” said Australian born Peter Flanagan, CEO and founder at PLT. Lorcan Tiernan, Chairperson of PLT, commented, “Aptean’s purpose of helping customers and team members thrive aligns very closely with PLT’s customer and people centric approach, and this is why we believe the combination is so compelling.”

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Tribble Releases Tribblytics, the Latest AI Agent Innovation for RFPs, And Achieves Significant Milestone of 125,000 Agent Interactions on the Platform

Tribblytics Empowers Tribble’s AI Agent, Bringing Unprecedented Efficiency to Enterprises

Tribble, an AI-native company out to automate the entire Request for Proposal (RFP) process, has launched Tribblytics. This new analytics capability provides customers with a clear view of Tribble’s AI Agent and its performance. In addition to this breakthrough, Tribble has reached a significant milestone of 125,000 Agent Interactions on the platform. These two developments combine to create a more intelligent and accurate experience for sales operations teams.

As AI Agents become more commonplace, customers today require visibility into how responses are generated and refined while ensuring high standards of security and privacy. Tribblytics takes Tribble’s commitment to these standards and increases its digital teammates’ capabilities to include insight into overall performance, ensuring proper checks and balances are in place to understand what the digital teammate is doing, how they’re doing it, and why they’ve answered a question in a specific way.

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“The value for Tribble’s customers is their ability to gain insight into the inner workings of how their team acquires and uses knowledge, which, in turn, allows them to invest in the right areas and upskill their employees rather than taking shots in the dark,” said Sunil Rao, CEO and co-founder of Tribble. “All of this transparent work allows Tribble not to be used as a black box, which has become the source of resistance to generative AI and AI Agent adoption. Tribblytics lets customers review our performance rather than allow us to review ourselves.”

Additionally, Tribble has reached the milestone of 125,000 Agent Interactions answered through its revolutionary AI agent to help customers complete their RFPs and Infosecs. This significant milestone highlights the robustness and reliability of Tribble’s technology and underscores the continuous learning and improvement of the AI system. Each interaction with the AI agent contributes to a growing knowledge database, enabling the system to refine its responses and adapt to various RFP formats and industry-specific requirements. As Tribble reviews every shape, form, size, and variation of the RFP, the impact of this milestone furthers Tribble’s expertise as a digital teammate for sales teams, enhancing their ability to handle complex and diverse inquiries more efficiently.

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“Imagine if someone at a single company had seen and responded to thousands of RFPs – that person probably gained more experience than some sales engineers have seen in an entire career. Since we launched Tribble, we’ve seen so many variations of RFPs and Infosecs that can equal some of the best-trained people in this space,” said Ray Shipley, co-founder of Tribble.

In early July 2024, G2 named Tribble a “High-Performer” product based on its elevated customer satisfaction scores. With 100% of users believing the AI company is headed in the right direction and earning a recommended rate of 99%, Tribble truly exemplifies and is a high-performing product.

Tribblytics is available today for all Tribble customers. As soon as an enterprise activates the platform, it can begin ingesting and analyzing data to start this process.

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Democratizing CLM: IntelAgree Introduces Generative AI to Salesforce Integration

IntelAgree, a leader in AI-powered contract lifecycle management (CLM) software, is thrilled to announce the addition of generative AI functionality to its existing Salesforce integration. The feature, called Saige Assist: Contract Advice, makes contracting smoother and more accessible by giving users immediate answers to contract questions right within their trusted Salesforce environment.

Available to IntelAgree users with AI-enabled subscriptions, Saige Assist: Contract Advice significantly boosts productivity and efficiency. Where traditional legal team inquiries might take 48-72 hours due to staffing or prioritization limitations, this new feature delivers contract advice in seconds, enabling faster decision-making.

“Many of our clients draft and manage contracts through Salesforce. With this new feature, they won’t need to leave Salesforce to get the answers they need,” said Michael Schacter, Director of Product Management at IntelAgree. “They can ask questions right within the platform, making it an all-in-one solution for contract management.”

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Key benefits of this new update include:

  • Instant Answers: Users can ask specific contract-related questions like “What are my termination options?” or “When does this contract expire?” and receive instant, conversational responses.
  • Seamless Integration: Users can access Saige Assist: Contract Advice directly from the Salesforce Contract Details page, eliminating the need to navigate between different systems. Conversation history is also synchronized with IntelAgree, ensuring a consistent experience across both platforms.
  • Enhanced Self-Service: Users can independently find answers to common contract queries, reducing dependency on legal teams and speeding up the contracting process.

“At IntelAgree, we aim to make contracting a team sport. A major part of this is meeting non-legal users where they work and how they prefer to work,” said Kyle Myers, EVP of Product and Engineering at IntelAgree. “With this new Salesforce integration update, we’re not just making contract management easier – we’re democratizing it, making AI-powered contract insights available to anyone using Salesforce.”

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IntelAgree sets itself apart with a user-first approach to contract management, catering to the evolving needs of modern businesses beyond just legal departments. Looking ahead, the company plans to expand Saige Assist’s functionality to its other native integrations. With the launch of Saige Assist: Contract Advice, IntelAgree has also added an attributes tab to its Salesforce integration, giving users quick access to key attribute values like arbitration, payment terms, publicity restrictions, etc. In a future release, users will also be able to complete smart forms within Salesforce, further minimizing the hassle of switching platforms.

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ThroughPut.AI Releases New Inventory Management Capabilities to further Increase Revenues, Optimize Costs, Boost Profitability, grow Customer Satisfaction, and Advance Market Competitiveness

Preeminent AI-powered Supply Chain Decision Intelligence platform launches new inventory features focused on driving top and bottom-line revenue for greater profitability and savings

ThroughPut.AI., the Industrial AI Supply Chain Analytics and Decision Intelligence pioneer as recognized by Gartner, announced the release of innovative new capabilities that enable businesses to optimize stock management and improve profitability through dynamic order recommendations and the most cost-effective rebalancing of stock.

The current release enables businesses to minimize the risk of overstocking and stockouts by leveraging AI insights offered by inventory projection, predictions and recommendations for the near, short, and mid-term. Businesses can now automate and optimize their inventory planning processes across their end-to-end supply chain networks, allowing them to prioritize resources more strategically for stronger market competitiveness.

“ThroughPut.AI’s latest stock management capabilities provide businesses with fully transparent visibility and actionability into their current and future demand, existing inventory levels, and replenishment and carrying cost improvement opportunities,” said Seth Page, Chief Operations Officer and Head of Strategic Partnerships and Corporate Development at ThroughPut.AI. “By leveraging real-time demand and lead time changes, ThroughPut.AI delivers more accurate order recommendations while rebalancing stock levels between locations that result in reduced working capital and carrying costs. Thus businesses can clearly compare the current dollar impact of conventional operational decisions versus those of ThroughPut.AI’s AI-driven recommendations. This empowers companies to accurately and dynamically balance stock to always ensure demand fulfillment, while maximizing inventory ROI across locations, product lines, and distribution channels.”

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With ThroughPut’s latest release, demand planners, inventory managers, and supply chain executives can optimize stock movement as well as end-to-end supply chain management, right from accepting and prioritizing orders to fulfilling them – all at the least cost and risk.

The latest release expands the ThroughPut.AI platform with the following new capabilities:

  • Preventing Supply Disruptions: Prioritize action and take immediate steps to prevent supply disruptions by proactively predicting potential stockout situations and highlighting growing critical inventory shortages. This enables businesses to allocate resources efficiently to maintain cash flows, inventory turns, profitability and service continuity, as well as customer satisfaction levels.

  • Dynamic Order Recommendations: Leverage AI-powered, dynamically optimized order recommendations based on demand sensing and forecasts, actual lead times, current and predicted inventory levels, and replenishment strategies. This helps companies to ensure optimal stock levels without running into either stock-outs or excessive carrying costs.

  • Stock Rebalancing: Analyze inventory levels across locations and warehouses to identify stock rebalancing opportunities, strategically optimize inventory utilization, and minimize excess stock holding. This helps businesses to accelerate operational efficiency and reduce carrying cost.

  • Supplier Collaboration Tools: Gain full visibility into demand sensing and forecasts, true inventory levels, and current order statuses. This enables companies to ensure seamless supplier collaboration and enable more effective and efficient supply chain management.

  • Dynamic Replenishment Recommendations: Intelligently adjust inventory levels to accommodate fluctuations in true demand, actual lead times, and embedded supplier constraints. This helps organizations to eliminate the need for manual reorder points and fixed order quantities.

  • Seasonal Demand Planning: Dynamically adapt to seasonal variations in demand, as well as other external influences and unplanned circumstances, to better prepare for peak periods. This enables companies to prevent stockouts during high-demand seasons and times of otherwise unforeseen volatility.

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