Whether you are a VAR, VAD or manufacturer, the first step in implementing a contract management solution is uncovering the contract data within your company and organizing it in a useful way. This discovery process can be handled internally or outsourced to a consulting company such as Managed Maintenance, Inc. It is imperative that this task be executed by a team that is knowledgeable about[...]
Finding and Implementing the Right Contract Management Solution for Your Business GalleryCustomer Contract Management, IBM, Industry News, IT Asset Management, Maintenance Contract Management, Maintenance Renewals, MMI Employees, MMI Tips, ONEview, Renewal Management, Service Contract Management, Thought Leadership, Uncategorized, Warranty Renewals
You have your dream job. You own your own business; you provide a much needed service for the technology community in your local vicinity and possibly on a regional scale. The problem is, you have noticed that you are spending much more money than you would like, trying to keep up with the expiring service contracts, and you are unable to renew them before they expire.
In today’s market, businesses are looking to do more with less. And although IT hardware and software maintenance still retains much of its profitability, companies are still looking for better, smarter ways to build this crucial annuity pipeline. So how can you more efficiently tackle your renewals, without compromising customer satisfaction or potential revenue? Below are 3 reasons to[...]
Service contracts, which have been overlooked historically by most manufacturers, are now being viewed as important new revenue generators. Beyond providing substantial repeatable revenue streams, maintenance service contracts also play an integral role in connecting manufacturers with their channel partners and end customers. They yield improved brand loyalty and better communication with[...]
How to Build an Annuity Stream and Create Solid Maintenance Forecasts GalleryCustomer Contract Management, IT Asset Management, Maintenance Contract Management, Maintenance Renewals, Renewal Management, Service Contract Management
Keeping equipment under warranty is increasingly becoming big business. Is your company taking full advantage of this opportunity? Service maintenance contracts, which protect the customer’s valuable equipment after the initial warranty expires, is one way to increase your company’s bottom line. These contracts, properly managed, are a continued source of revenue for your business – long[...]
Service contract renewals is one sure way to maintain the revenue stream of your company. Increasing your renewal rate will provide an immediate cash boost and, managed properly, those maintenance and service contracts can lead to repeat business turning your customers into the kind of repeat buyers that are the backbone of any sound business enterprise.