Perks

Perks is a SaaS platform offered by 360insights that aims to assist businesses in managing their partner engagement programs and optimizing channel performance. The platform is designed to cater to small to large-sized companies across various industries, including automotive, consumer durables, life sciences, technology, media, telecom, health plans, and insurance.

Key Features

Manage Trade Promotions: According to the vendor, Perks allows businesses to set discounts on line-items, bundles, or complete orders and manage business rules and criteria for promotions. The platform enables the sales team or partners to tailor promotions to customers, with an efficient process for product selection, pricing, and policy enforcement. Perks is compatible with various platforms including CRM, ERP, CPQ, eCommerce, and portals.

Upsell with Dynamic Product Bundles: Perks provides the ability to combine items from the same product line or mix-and-match products to offer BOGO bundles or gift items as incentives. The vendor claims that the platform supports an infinite number of product combinations, helping to increase average order value and move inventory, while maintaining margins.

Improve Quote Turnaround Times: The vendor states that Perks simplifies the configuration of pricing quotes, enabling the sales team or partners to confidently price across the portfolio. The platform takes into consideration current inventory levels and product configurations, providing all the necessary information for daily pricing decisions across thousands of SKUs. This is aimed at shortening the time from requirement-to-quote-to-cash.

Improve Accuracy: Perks offers the ability to enforce pricing rules and guidelines, helping to protect margins and prevent unauthorized discounting. According to the vendor, this ensures accurate and consistent pricing across the board.

Increase Deal Size: The vendor claims that Perks can contribute to revenue growth by allowing businesses to bundle products and incorporate discounts, thereby driving an increase in upsell and cross-sell with every order.

Simplify Admin: Perks aims to streamline administrative tasks by automating the scheduling of promotions, activation of offers, and tracking of campaign performance. The vendor suggests that this automation can save valuable time, allowing administrators to focus on more strategic initiatives.

Shape Demand: According to the vendor, Perks provides the ability to check inventory while an order is being created, oversee pricing throughout the product lifecycle, and effectively manage availability or obsolescence. This allows businesses to align demand with supply and optimize revenue opportunities.

Platform Agnostic: Perks is designed to work with various tools in a business's tech stack. The vendor claims that the platform can interface easily with partners and surface promotions inside any portal or store, ensuring seamless integration and a consistent user experience.

Faster to Market: The vendor states that Perks enables businesses to launch new programs quickly, thanks to its network of distributor integrations. This is aimed at ensuring a smooth and efficient go-to-market strategy, providing a consistent experience for all sellers and partners, and reducing time-to-market.