TrustRadius Insights
MonetizeNow has proven to be an invaluable solution for businesses looking to streamline their CPQ processes and improve overall …
Overview
What is MonetizeNow?
MonetizeNow is a modern CPQ (Configure, Price, Quote) solution designed to streamline the quoting and billing process for startups and enterprises. According to the vendor, this comprehensive platform is aimed at sales teams and finance teams looking to generate accurate quotes, manage pricing, and...
Recent Reviews
Leaving a review helps other professionals like you evaluate CPQ Software
Be the first one in your network to review MonetizeNow, and make your voice heard!
Get StartedPricing
N/A
Unavailable
What is MonetizeNow?
A unified CPQ and Billing Platform for B2B SaaS enterprises that supports all sales channels (including marketplaces) and all business models (including real-time usage billing). It is presented as a fully-automated Quote-to-cash solution with a unified CPQ, billing and usage Platform, with…
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
2 people also want pricing
Alternatives Pricing
What is eRep CPQ?
eRep CPQ, from ERP specialist BCA Technologies headquartered in Maitland, is a CPQ and product configuration tool.
What is SalesStreamliner?
SalesStreamliner is the Channel Partner Portal to manage leads, quotes, orders, payments, pipelines and results from one stand alone system from any location.
Product Details
- About
- Competitors
- Tech Details
What is MonetizeNow?
MonetizeNow is a modern CPQ (Configure, Price, Quote) solution designed to streamline the quoting and billing process for startups and enterprises. According to the vendor, this comprehensive platform is aimed at sales teams and finance teams looking to generate accurate quotes, manage pricing, and ensure consistent pricing decisions across the organization. MonetizeNow caters to companies of all sizes, from startups to large enterprises, and is particularly valuable for subscription-based businesses, technology companies, and professional service providers.
Key Features
Robust Product Catalog: According to the vendor, MonetizeNow provides a platform for businesses to effectively manage and organize their offerings, supporting various offering types and ensuring sales reps have access to the most up-to-date pricing information.
Comprehensive Pricing: The vendor states that MonetizeNow allows businesses to easily build simple or complex pricing structures, centrally manage pricing rules, and calculate accurate pricing for customers.
Real-time Pricing Updates: According to the vendor, changes to the product catalog and pricing rules are reflected in real-time, eliminating the risk of outdated pricing and ensuring accurate quotes.
Approval Workflow: MonetizeNow offers a multistep approval workflow, which the vendor claims helps businesses ensure consistent pricing decisions across the organization and eliminate bottlenecks in the approval process.
Integrations: According to the vendor, MonetizeNow provides seamless integration options with popular CRM systems like Salesforce and Hubspot, ensuring up-to-date information for sales reps. The Docusign integration allows for quick quote sending with customized data and supports features like custom tabs and signing order.
Customize Quote Template: The vendor states that businesses can personalize their quote templates with billing schedules, product descriptions, and more, enhancing customization options and providing a professional presentation to customers.
Complex & Ramps: MonetizeNow supports scheduled changes to quotes, simplifying provisioning processes and seamlessly syncing subscription start and end dates with CRM systems, according to the vendor.
Flexible Discounts: According to the vendor, MonetizeNow offers standard and custom discount options, allowing sales teams to manage discounting efficiently and calculate the desired final offering cost.
Account-Based Pricing: According to the vendor, sales reps can create custom rates for specific accounts within the quoting experience, saving time and effort for future quotes.
Powerful Approvals: The vendor claims that MonetizeNow empowers sales teams to create flexible pricing and automate finance approvals, streamlining the approval process and ensuring consistent pricing decisions.
MonetizeNow Competitors
MonetizeNow Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Comparisons
Compare with
Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
MonetizeNow has proven to be an invaluable solution for businesses looking to streamline their CPQ processes and improve overall efficiency. By replacing homebuilt custom order processes, users have been able to configure the system themselves without the need for an engineer, saving time and resources. The user-friendly interface of MonetizeNow has allowed for quick adaptation and improved quoting processes. With well-designed templates, PDF quote outputs are now clearer and more comprehensible.
MonetizeNow's integration with Salesforce, specifically the utilization of the standard Opportunity Product object, ensures data consistency and facilitates financial reporting. Users have also benefited from automated deal approval matrixes, eliminating manual quote configurations and customized pricing, thereby saving valuable time for revenue and finance teams. Cloud commerce capabilities provide flexibility across sales and finance technology architecture, catering to both low-touch and high-touch sales motions. By transitioning from Word docs to MonetizeNow, businesses have standardized the quoting process, reducing downstream issues in measuring ARR and billing.
The features of MonetizeNow have helped sales reps easily generate quotes using standardized product offerings and pricing, improving efficiency in the sales process. Utilizing the deal desk functionality for review and approval of discount offerings and changes to terms ensures consistency in deals and price fairness. Replacing Google Sheets with MonetizeNow has eliminated mix-matched versions of quotes and improved the professionalism of shared documents.
In terms of revenue forecasting accuracy, MonetizeNow provides valuable insights through available quote data at all stages of the sales process and post-win. Account Executives have saved time by efficiently creating quotes, allowing them to focus on other critical tasks. MonetizeNow's ability to proactively mitigate churn contraction by leveraging insights on customer usage and plans has provided better upgrade experiences.
The flexibility of MonetizeNow is evident through its ability to customize quotes for various deal types while also providing a forward-thinking approach to managing quotes with its customizable approval rules, contact management, and role notation. Overall, MonetizeNow has addressed the business problems of manual quote configurations, customized pricing, mix-matched versions of quotes, lack of data consistency, and time-consuming processes, all while improving efficiency and professionalism in the sales and finance domains.