Partner Relationship Management
Summarize
Summary of Partner Relationship Management
The Partner Relationship Management (PRM) application helps enterprises engage and manage channel partners who sell their products and services. It offers tools to handle the entire partner life cycle, including onboarding, collaboration, and support. PRM improves communication through a Partner Portal where partners can raise cases and interact directly with the enterprise, enhancing case resolution and business outcomes.
Show less
Use Case
For example, ABC Systems, a reseller and implementation partner for XYZ Solutions, uses PRM to manage support cases and communications efficiently. ABC benefits from role-based access to submit and track cases, view program participation, and confirm entitlements, while XYZ gains centralized case management, assignment routing, and partner engagement visibility. This streamlines support, reduces resolution times, and strengthens the partnership.
Key Benefits
- Enhanced Partner Experience: Supports partner onboarding and life cycle management to improve interactions and satisfaction while reducing onboarding time.
- Increased Sales and Revenue: Facilitates better collaboration to boost partner sales, performance, and deal conversion rates.
- Improved Operational Efficiency: Provides transparency into the partner ecosystem, promoting self-service and reducing manual efforts.
Partner Portal
The Partner Portal enables channel partners to create support cases, register external members as staff, and access knowledge articles, supporting efficient partner self-service and interaction.
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.