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Cloud Ratings Releases 2024 Partner Relationship Management (PRM) Software Quadrant

Wednesday, 04 September 2024 02:05 PM

Cloud Ratings

Ranked vendors included Allbound, Channeltivity, Crossbeam, Everflow, Impact.com, Impartner, Kiflo, Magentrix, Mindmatrix, PartnerPortal.io, PartnerStack, PartnerTap, Reditus, Reveal, Salesforce PRM, Workspan, Zift, and ZINFI.

SAN DIEGO, CA / ACCESSWIRE / September 4, 2024 / Cloud Ratings has released the 2024 Partner Relationship Management (PRM) Software Quadrant.

Through Cloud Ratings research partnership with G2, the Partner Relationship Management (PRM) Software Quadrant has been enhanced with ROI, implementation timelines, and customer mix data from G2.

Ranked vendors included Allbound, Channeltivity, Crossbeam, Everflow, Impact.com, Impartner, Kiflo, Magentrix, Mindmatrix, PartnerPortal.io, PartnerStack, PartnerTap, Reditus, Reveal, Salesforce PRM, Workspan, Zift, and ZINFI.

Over 5,000 customer ratings (inclusive of vendor-supplied Net Promoter Score - or NPS - data) factored into the Partner Relationship Management (PRM) Software category assessment.

Chart Quadrant Summary:

(Presented Alphabetically by Quadrant)

Leaders - High Market Adoption + High Customer Ratings:

- Crossbeam

- Everflow

- PartnerStack

- Reveal

- ZINFI

Market Excellence - High Market Adoption:

- Allbound

- Impact.com

- Impartner

- Salesforce PRM

- Workspan

- Zift

Product Excellence - High Customer Ratings:

- Kiflo

- Magentrix

- Mindmatrix

- PartnerTap

- Reditus

Challenger - Market + Customer Validation:

- Channeltivity

- PartnerPortal.io

The full report is available at: https://cloudratings.com/partner-relationship-management-software/

Defining Partner Relationship Management (PRM) Software:

Partner Relationship Management (PRM) Software is a specialized business solution that enables companies to effectively manage and nurture their relationships with external partners such as channel resellers, distributors, and other key stakeholders. It provides a centralized platform that facilitates seamless collaboration, communication, and coordination between the company and its partners. With features like partner onboarding, collaboration tools, deal registration, lead distribution, training modules, performance management, and channel marketing support, PRM software streamlines partner-related activities, enhances engagement, and drives mutual success by optimizing the partner ecosystem.

Commentary:

"The partner channel drives 31% of revenue despite representing only 10% of pipeline per Ebsta and Pavilion's B2B Sales Benchmarks. Choosing the right Partner Management Software is key to generating these outsized results," commented Matt Harney, Founder of Cloud Ratings.

About Cloud Ratings:

Cloud Ratings is a customer outcomes-focused, data-driven software research analyst firm. We exist to allow organizations to make more confident, lower-risk software purchasing decisions.

Built upon investigative customer interviews, our True ROI Reports quantify and provide 3rd party validation of a software product's business value.

Our Cloud Ratings Category Report research methodology combines user reviews with verified vendor data to impartially identify leading software products.

cloudratings.com

Media Contact:

Gerelli Angga
[email protected]

SOURCE: Cloud Ratings

Topic:
Product Announcements
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