HTC Corporation to offer SQM as SAAS

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HTC Corporation announced it will offer its SQM™ software system as SAAS (software-as-a-service) hosted by The Nest Group in Washington, D.C. SQM – A Sale Quote Management process application offers enterprise-level innovation to locate the most cost effective configurations. The primary user of SQM is a sales person wanting to control its speed and win the quote.

HTC Corporation announced it will offer its SQM™ software system as SAAS (software-as-a-service). The service will be hosted by The Nest Group in Washington, D.C.

SQM – A Sale Quote Management process application offers enterprise-level innovation to locate the most cost effective configurations. The primary user of SQM is a sales person wanting to control its speed and win the quote.

SQM provides historical tracking of past quotes and manages the most elaborate quote process from beginning through contract delivery to the customer, linking the sales, engineering, and financial and supply chain functions. It covers customer product configuration, standardization of components, product commonality and reuse, recyclable materials for components, and customer and vendor management.

SQM technology relies on massive data searches, and similar to Google, an algorithm-based cost and configuration process, integrating the workflow of the quoting process through all cross-functional teams.

Most companies today are focused on managing their sale cycle through customer-relationship-management (CRM) or their financial, production and material transactions through enterprise-resources-planning (ERP) systems. However, to win a quote, companies must be highly competitive, while combining speed and innovation.

By addressing the gap between CRM and ERP, SQM makes a company win in the marketplace. This gap is covered by the sale-quote-management (SQM) process. An SQM system insures that the complete quote process is successful, fast and competitive.

Improving the win ratio of quotes even by a small percentage will make a substantial difference in revenue growth.

In today’s ever changing times, innovation and change occur at ever-increasing speed as a result of vanishing geographical and access barriers, as well as advances driven by wider global technology advances. To meet the need of dealing with this change, a growing number of companies are focusing on managing the introduction of new products and the introduction of differentiated products to fuel top-line growth by taking advantage of SAAS.

Innovation is focused on how to generate revenue through offering re-configuration of products and value mix and pricing models. Companies are succeeding by integrating their supply chain activities and creating shorter cycles from innovation to market, while teaming across functions and disciplines, such as sale, engineering, supply chain and finance.

About HTC Corporation (http://www.htc-corp.com):

HTC was founded in 1998 as the High Tech Consortium with 37 member companies including Cisco, Dell, Hewlett Packard, IBM, Motorola, Solectron and Sun Microsystems.

Working with companies in the consortium, HTC became increasing aware of the growing need for Financial Supply Chain Optimization. HTC refocused in 2003 to become a premier provider of operational cash detection and restoration solutions.

Contact: Dr. Guy Rabbat, President and CEO, HTC Corporation. corcica(at)corcica(dot)com

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Guy Rabbat
HTC
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