Compare Infor CPQ vs. Renewtrak in 2025

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Description

Enhance the visual shopping experience for your clients by offering them an engaging visual selection process during their exploration and interaction. By doing so, sales channels will not only secure a competitive edge but also experience a quicker route to conversion. This approach will enable you to sell products more efficiently, reducing costly mistakes and duplicative efforts, which in turn will accelerate the sales cycle. Generate interest through fulfillment with a streamlined solution applicable across the entire organization. Increase the number of prospective opportunities and produce more quotes using a user-friendly and efficient quoting system. Fulfill customer needs with faster quote-to-delivery periods, thereby boosting win rates with reduced reliance on internal personnel. Automatically generate precise proposals along with the necessary fulfillment documentation, while also speeding up the introduction of new products by swiftly adjusting to market needs. Ultimately, this comprehensive strategy will enhance customer satisfaction and drive business growth.

Description

Renewtrak serves as an automation platform designed to bridge the global technology sector, enhancing the functionality of the renewals and subscription economy. Our platform empowers clients to manage their recurring revenue streams efficiently while streamlining the quoting process through intricate distribution networks, allowing them to offer tailored and relevant renewal choices for various types of licenses, support, maintenance, and annuity agreements. By automating renewal notifications, we help your team save valuable time while ensuring that every account is touched, resulting in improved renewal rates. This renewal event can also be leveraged as a strategic opportunity to deepen relationships with current customers. We enable customers to explore options, self-checkout, and finalize transactions seamlessly, which accelerates the quote-to-cash process. Renewtrak brings the consumer-like digital purchasing experience typical in B2C environments to the B2B sphere, fostering not just renewals but also customer expansion. Our automation of repetitive processes allows your team to dedicate their efforts to more significant tasks. Furthermore, our dashboard, equipped with AI-driven renewal likelihood scores, provides immediate insights into real-time performance metrics. This combination of automation and analytics ensures that businesses can make informed decisions while enhancing customer engagement throughout the renewal lifecycle.