Revenue is the heart of any business, and companies invest huge amounts of money, buy tools and technologies, and prepare strategies to keep the revenue flow growing. For this, companies collaborate with allies like Conga Partners to implement solutions that can streamline revenue generating processes and they, as enterprises, can focus on core business.
To bring all the revenue management solutions on one platform, Conga has designed a smart and AI-powered revenue lifecycle cloud – Revenue Lifecycle Platform (RLP). The Conga RLP platform is a unified set of solutions – CPQ, Composer, CLM, Conga Sign – that helps companies improve their revenue growth. It enables a seamless journey right from product inquiries, to generating quotes, pricing, contracts, e-signing, and billing – all in one place.
Being a unified data model, RLP automates tasks, minimizes human intervention, eliminates data inaccuracy, and mitigates risks – compliance, financial, reputational, and so forth. It is a one-stop platform for companies who are looking to deliver a seamless experience to their customers and accelerate revenue generation.
In this blog, we will explore how Conga’s RLP can drive revenue and how Conga Partners play a role in its seamless implementation.
What Is Conga Revenue Lifecycle Platform?
As a unified revenue data model, Conga RLP breaks data silos by seamlessly integrating with any CRM, ERP, and cloud to deliver personalized customer experience. The platform also generates accurate and professional-looking documents, creates legal contracts, and enables e-signatures – all within a single platform. This seamless journey, where a customer can access different solutions on a single platform, not only enhances experience but also dramatically reduces the time taken to sign a deal.
Companies need not depend on other capabilities to handle their quoting, pricing, documenting, contracting, and e-signing activities. All they need to do is log into Conga RLP and input the necessary information and in no time a final document is ready to be signed.
In short, Conga RLP is a one-stop-shop for managing the revenue generating processes while driving efficiency and revenue growth.
Different Elements of Conga RLP
The CPQ tool is designed to eliminate complexity from configuring, pricing, and quoting processes and improve sales efficiency.
As a part of the Conga RLP, CPQ supports the sales team in effectively handling even the most complex products without wasting time on calculations, approvals, and other administrative tasks.
Conga’s automated document generator, Composer, helps companies create precise, professional, and on-brand documents for every customer with a simple click of a button.
As a key part of Conga RLP, this document generator automatically creates professional documents, reduces manual work, and increases responsiveness to customers. It can directly get the data from any source to create the documents and therefore eliminates the risk of manual errors.
The contract lifecycle management is a modern-day software solution powered by AI. It helps companies quickly generate contracts based on the deal document. It automatically pulls the relevant clauses from the central repository and drafts the agreement for review. This process reduces the contract cycle time from days to minutes and boosts efficiency, ensures compliance, and mitigates risks.
As a part of Conga RLP, the CLM solution helps companies in standardizing their contracting process, enhancing visibility, and improving efficiency across the teams. With AI capabilities, Conga CLM highlights hidden clauses, underlines ambiguous terms, and flags risks in agreements for redlining and negotiations.
A secure and modern eSignature solution, it seamlessly integrates through API or web application and automates revenue processes across teams.
As an essential component of Conga RLP, the e-Sign streamlines eSignatures, enhances compliance with global standards, and benefits from a unified, flexible solution that adapts to your specific revenue lifecycle needs.
The Role of Conga Partners in Maximizing Revenue Lifecycle Platform Success
Conga partners like Forsys play an important role in successfully implementing and optimizing the Conga Revenue Lifecycle platform. These partners possess invaluable knowledge and understanding of how Conga RLP can transform businesses.
Whether you choose to implement CPQ to streamline the quoting process or centralize the contracting structure with CLM, or implement unified RLP, Conga partners support companies in confidently wading through the complexities and achieve long-term success. In addition, they provide ongoing support, training, and strategic advice to help businesses leverage the full potential of Conga RLP.
Forsys, as a strategic Conga partner, is recognized to help businesses integrate Conga’s powerful tools into their existing systems to drive efficiency and improve visibility across all revenue generating processes. With over 50 projects delivered in Conga CPQ, CLM, Billing, Digital Commerce, & Revenue Management, Forsys has become synonymous with success across manufacturing, healthcare, Hi-tech, Financial Services, and Software & Business services.
For exceptional results and a trusted partnership, Forsys is your go-to Conga partner!