Partner Relationship Management
Summarize
Summary of Partner Relationship Management
The Partner Relationship Management (PRM) application helps enterprises efficiently engage and manage channel partners, such as resellers and system integrators, to expand sales and improve collaboration. It supports the entire partner life cycle, including onboarding, ongoing management, and partner-enterprise communication. PRM provides a structured system that reduces delays and friction in partner support and collaboration, enhancing partner satisfaction and business outcomes.
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Key Features
- Partner Onboarding and Life Cycle Management: Streamlines the process of bringing new partners on board and managing their engagement continuously.
- Partner Portal: Enables channel partners to submit and track support cases, register external staff, and access knowledge articles independently via a role-based interface.
- Case Management: Provides partners with direct and transparent communication channels to raise operational, sales, and service issues, improving resolution speed.
- Dashboards and Reporting: Offers personalized dashboards for both partners and enterprises to monitor program participation, support activities, and engagement levels in real time.
- Unified Partner Data Model: Ensures accurate tracking of partner entitlements and program participation, facilitating better visibility and management.
Practical Use Case
For example, a technology reseller partner can use PRM to submit support cases through the Partner Portal without relying on informal communication channels. This enables faster case resolution and better collaboration. Meanwhile, the enterprise can centrally manage partner cases, assign support agents efficiently, and track partner engagement to strengthen relationships and improve operational efficiency.
Key Benefits
- Enhanced Partner Experience: Improves partner satisfaction by reducing onboarding time and fostering seamless interaction between partners and enterprises.
- Increased Sales and Revenue: Facilitates improved collaboration that boosts partner sales performance and deal conversion rates.
- Improved Operational Efficiency: Provides visibility into partner activities, enabling more partner self-service and less manual intervention.
Next Steps
ServiceNow customers can explore configuring Partner Relationship Management and learn how to effectively use the Partner Portal to maximize partner engagement and support efficiency.
Learn how the Partner Relationship Management application enables enterprises to hire and engage channel partners to sell their products and services to grow and improve their business.
Overview of Partner Relationship Management
Channel partners streamline and help manage the sales process of a product or a service for an enterprise. The PRM solution offers tools to manage the end-to-end partner life cycle.
PRM enables an efficient and continuous partner engagement and collaboration system with the enterprise to provide essential support. The PRM system enables partner onboarding, life cycle management, and improves the overall collaboration between channel partners and enterprises. To learn how to configure Partner Relationship Management, see Configure Partner Relationship Management.
The collaboration improves case management solutions and enables partners to log in to the Partner Portal to raise concerns or queries and communicate directly with the enterprise. This provides better resolutions leading to improved enterprise and partner collaboration.
In the partner ecosystem, channel partners such as resellers and system integrators are critical to expanding an enterprise's reach and drive customer success. Channel partners often must raise operations, sales, and service related issues directly with the enterprise. However, without a structured servicing and collaboration system, partners experience delays, inefficiencies, and friction that impact both partner satisfaction and business outcomes. The PRM solution can build a bridge between the channel partners and enterprises.
Use case
ABC systems, a global technology reseller and implementation channel partner for XYZ solutions (enterprise), operates across North America with hundreds of active customer engagements. ABC's consulting and delivery teams frequently encounter challenges requiring direct support from XYZ, such as clarification on licensing models or product configurations. With the Partner Relationship Management solution, ABC no longer needs to rely on adhoc emails, informal escalation channels, or multiple sessions leading to delays.
- Submit and manage support cases through the Partner portal designed for easy access and case tracking.
- Benefit from a role-based experience where channel partner managers and associates can independently raise cases and monitor the status without dependency on enterprise contacts.
- Gain visibility into program participation and support activities through personalized dashboards.
- Use the unified partner data model to confirm that entitlements and participation in XYZ's partner programs are accurately tracked and easily accessible.
- View and fulfill cases raised by the channel partner ABC in a centralized workspace.
- Route assignments to the appropriate support agents.
- Track channel partner engagement levels within ABC via real-time dashboards.
By streamlining support and collaboration through PRM, ABC reduces its resolution time, improves internal efficiency, and strengthens its partnership with XYZ.
Key benefits of PRM
- Enhances partner experience- Support partner onboarding and life cycle management to provide an improved interaction system between channel partners and enterprises. This increases partner satisfaction and reduces onboarding time.
- Increase sales and revenue- Streamline and improve collaboration between enterprises and their partners to increase partner sales and performance to enable higher partner-initiated revenue and efficient deal conversion rates.
- Increase operational efficiency- Provide visibility into the partner ecosystem and enable partners to achieve their business goal to decrease manual intervention and increase partner self-service.
Partner Portal
The Partner portal enables channel partners to create cases, register external members as staff, and view knowledge articles.
To learn more about the Partner portal, see Using Partner Relationship Management.