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With
all the media- and analyst-fueled hype and noise that surround
horizontal technologies like operating systems or Web services
tools, it’s
refreshing to talk with vendors delivering tightly focused
offerings that address well-documented business
inefficiencies and deliver a clear, quantifiable return
on investment (ROI). The vendor of the week that falls
into
this category is Webcom
Inc.,
a self-funded software firm that began in 1997 as
a Web and eCommerce shop but has
since concentrated on marketing a suite of products designed
to
help companies sell complex products and services.
The idea of using technology
to guide salespeople and buyers through a complex
buying process is not new. In
fact,
the term “guided selling” and software configurators
are aimed at this problem. Webcom is not so much innovating
as delivering a solid solution for guided selling.
What we like about Webcom’s
offering — the full bundle is called WebSource
CPQ (the acronym stands for configure, price, quote) — is
that it:
- Is designed as an extension
to existing systems. Using
XML, the international and extensible standard for sending
data
and
its context, Webcom software connects
with existing
back-end
and customer relationship management (CRM) systems.
In the latter
case, Webcom
highlights its partnership and product integration with
salesforce.com CRM solutions, though any
system capable of creating and consuming XML can be linked to WebSource.
- Is architected
to fit into the real-world situation of multiple sales
channels. Even if companies
only sell direct, they usually rely on a direct
sales force manning the phones and
servers hosting the Web site and related apps.
Obviously, it makes sense for both of these channels
to use the
same
tool
to
work
through
the sales cycle — which WebSource does. But Webcom
also built in the capability of working with third-party
sales
channels, such as distributors. Being able to tailor
a system so that the right data — for example, direct and wholesale
pricing — and tools are presented to the
right users is critical to improving multichannel
sales efficiency.
- Shows obvious, quick
ROI. Webcom implementations
are designed to improve the sales process, and
these results
are measurable in terms of increased order accuracy, reduced process time,
and saved money. For example, Webcom customers
have reported
reducing
order-entry errors — from more than 25%
to less than 1% (the remaining errors are the
result of incorrectly entered addresses by human
order takers), cutting
order processing from a glacial four
weeks to a single hour and saving a million
dollars in
engineering
costs by automating the process of configuring multipart products.
The automation of business processes
has always been the goal for corporations.
While
there
are
thousands of tools — some
general-purpose, others industry- or process-specific
— aimed at automating processes, there are thousands
of examples of failed efforts to implement these solutions.
Often, these failures result from trying to do too
much — for example, re-engineering critical processes
by implementing an enterprisewide, single-vendor solution.
Luckily
for organizations, the arrival
of inexpensive integration based on XML and Web services
lets companies apply smaller, more focused solutions
to specific, measurable business issues. For Webcom
customers, they have
not only automated manual or semimanual processes
and improved their sales efficiency, but they also are
doing so with a solution designed to fit into modern — and
future — IT architecture.
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