Obero Leverages SPM Solution to Reach Exponential Earnings in First Quarter

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Obero SPM, is a cloud-based Sales Performance Management solution which helps forward-looking organizations streamline their sales processes by providing the required tools to effectively manage their recurring revenue business models.

Obero SPM

Obero SPM

“Our tool is built for the modern economy—with integration, collaboration and ease of use being our focus. It's great to see so many customers supporting our approach." Leon Kharkhourin, CEO - Obero

Obero, an award-winning Sales Performance Management (SPM) solution provider, experienced a 120% growth in new ACV (Annual Contract Value) for Q1 2016 compared to Q4 2015.

The company’s Obero SPM (Sales Performance Management) solution has been extremely well-received in the marketplace as forward-thinking organizations increasingly look to adopt flexible and efficient solutions to help automate their entire sales life cycle. “Our tool is built for the modern economy—with integration, collaboration and ease of use being our focus. It's great to see so many customers supporting our approach." said Leon Kharkhourin, Obero’s CEO. Obero also credits its ability to deliver strong ROI to their customers as a prime reason for rapid customer acquisition.

Key drivers behind Obero’s growth include:

Innovative Software Design
Obero’s innovative software is designed to support both traditional and recurring revenue business models. With an open data model, Obero SPM easily integrates with existing applications and data sources.
As more and more companies transition to a recurring revenue model, the complexities of their sales operational processes increase dramatically. Obero has created a solution that is helping companies overcome the frustrations of managing the profitable growth of a modern organization with manual and old economy tools. “We are committed to providing the most flexible and innovative SPM solution that addresses the unique and ever-evolving challenges associated with managing a recurring revenue business model,” said Christopher Li, Chief Product Officer.

Flexible, Business-Owned Software
Obero’s team of sales performance experts efficiently implement its platform with experienced guidance, allowing companies to model and manage their performance their way. With no IT involvement necessary, companies have the ability to configure and update their SPM solution as their corporate strategies change. Obero’s user-friendly, adaptable solution allows companies to project and examine their sales and revenue targets with ease.

Rapid Implementation Methodology
After years of implementing complex solutions, Obero experts have it down to a science. With a solution based on pre-built functional applications, Obero can implement complex solutions much quicker than its competitors. Rapid deployment kits and wizard-based configuration tools allow clients to easily and efficiently adopt and manage the solution internally. “Our solution is easy to implement because our consulting team makes it even easier. We share industry best practices with our clients and enable them to manage their solution internally to reduce their total cost of ownership,” said Harjot Ghai, Chief Operating Officer.

Strategic Partnerships
Obero has partnered with industry leading solution providers as a commitment to helping customers drive innovation and excellence in sales performance. Obero established a strategic partnership with NetSuite, the leading provider of cloud-based financial / ERP solutions, to provide solutions for Incentive Compensation. Obero has achieved the Built for NetSuite certification, validating Obero SPM’s robust NetSuite integration. Obero SPM is listed on the SuiteApp.com marketplace. Obero also established a partnership with SalesChoice, a sales predictive analytics solution provider, to offer customers additional capabilities to help optimize their sales planning, forecasting and profitability processes.

About Obero
Obero is a privately held global company with offices in Canada, the US and Europe. Obero’s flagship product, Obero SPM, is a cloud-based Sales Performance Management solution which helps forward-looking organizations streamline their Sales Planning, Execution and Optimization processes by providing the required tools to effectively manage their recurring revenue business models. Its comprehensive functionality, which includes Sales and Revenue Management, Territory and Quota Management, Workforce Management, Incentive Compensation Management and Profitability Management, provides organizations with a single unified application that supports the end to end sales performance life cycle; automating processes for the Offices of Sales, HR and Finance.
To learn more about Obero SPM, please visit http://www.oberospm.com

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Dinka Lutvic
Obero
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