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TMC Names Netformx 2016 Communications Solutions Product of the Year Award WinnerNetformx®, the leader in sales enablement and profit acceleration platforms for IT solution providers, announced today that TMC, a global, integrated media company, has awarded Netformx ChannelXpert a 2016 Communications Solutions Products of the Year Award. ChannelXpert helps Channel Partners manage their business by tracking - in a single pane of glass - vendor rebate and reward program adherence, eligibility, milestones, due dates, bookings, targets, risks, and more. Netformx ChannelXpert enables IT service provider, managed service provider, and systems integrator managers to streamline their sales operations in order to accelerate profitability. ChannelXpert is an innovative SaaS-based analytics engine that maximizes the financial benefits from vendor promotions, certifications, and partner management. In a single pane of glass it identifies opportunities to increase gross margin and provides insights so solution providers can take action to recover money that would otherwise be lost. ChannelXpert follows Agile (News - Alert) development principles with frequent value-added software releases that add new programs, insights, reports, and data sources. Senior managers generally use a hodge-podge of time-consuming manual processes. They typically gather data from numerous vendor and other systems and use spreadsheets to piece together ever-changing qualification and compliance criteria. Managing program variables while attempting to maximize margin is a costly manual process that is inefficient and prone to error. As a result, most solution providers are losing gross margin dollars across their sales process. ChannelXpert automates the labor-intensive process of capturing vendor reward dollars and adhering to vendor discount-based incentives. It also eliminates manual tasks to ensure employee certification compliance and manages deals and partner interactions to drive profitability. As a result, executives can proactively manage their business and increase their profitability. Key Facts
Supporting Quote "Netformx ChannelXpert has enabled solution providers to take their businesses to a higher level by driving further profitability with automated supply chain and incentive program management. ChannelXpert provides actionable data in a single pane of glass that makes efficient use of executive time and gives business insights that provide strong competitive advantage." - Robert Klotz (News - Alert), Vice President of Product Strategy at Netformx "Congratulations to Netformx for being honored with a Communications Solutions Product of the Year Award. ChannelXpert is truly an innovative product and is amongst the best solutions brought to market in the past twelve months that facilitates business-transformingvoice, data and video communications. I look forward to continued excellence from Netformx in 2017 and beyond." - Rich Tehrani, CEO of TMC Resources
About Netformx Netformx enables IT solution providers to design and sell winning and implementable multivendor solutions, while operating their businesses profitably. Netformx accelerates solution provider profits by providing powerful business intelligence, actionable insights, collaboration, and automation that connect people, information, and processes. The result is increased competitiveness and productivity across the sales lifecycle. Netformx has over 2,000 service provider, systems integrator, and technology vendor customers in more than 120 countries including ALE, AT&T, Bell Canada, BT, CDW, Cisco, Dimension Data, Insight, Juniper, Orange Business Services, Sprint, and Telstra. Our comprehensive KnowledgeBase™ contains client and vendor products, services, and program compliance data from vendors such as Cisco, Brocade, EMC, Juniper, ALE, Avaya, APC, Belden, Jabra, and Riverbed (News - Alert). Those comprehensive, up-to-date data enable our customers to quickly create accurate designs and proposals and to maximize profitability. More information can be found at www.Netformx.com. About TMC TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, IoT Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by as many as one million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world's leading business technology event, as well as industry events: Asterisk (News - Alert) World; AstriCon; ChannelVision (CVx) Expo; DevCon5 - HTML5 & Mobile App Developer Conference; IoT Evolution Conference & Expo; IoT Evolution Developers Conference; MSP Expo; Real Time Web Communications and more. For more information about TMC, visit www.tmcnet.com.
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