SAN MATEO, CA -- (Marketwired) -- 10/28/13 -- Apttus, the category-defining Quote-to-Cash solution provider, today announced the company's applications have been adopted by a record 500,000 users worldwide. Driving the rapid and wide adoption of Apttus' Quote-to-Cash automation solutions is the ability to provide configure price quote (CPQ), contract management and revenue management applications as one seamless process. Typical quoting and contract management solutions are siloed and require extensive integration between multiple systems. Apttus' Quote-to-Cash solutions and advanced deal management capabilities significantly impact revenue maximization through optimizing deals, improving enterprise collaboration and streamlining sales automation processes.
"We have been listening and delivering to our customers' need for quoting, pricing, contract management and renewals to be managed as one seamless process. Past investments in legacy platforms and on-premise solutions have failed to deliver on their promises," said Kirk Krappe, CEO of Apttus.
"Our solutions have provided a paradigm shift in automating the complete Quote-to-Cash process, are delivered as a service on the most trusted and comprehensive cloud platform, and drive greater business agility, revenue, and profitability for our customers. We are excited to see an increasing number of users all over the world benefit from Apttus solutions," continued Kirk Krappe.
Summary of FYQ3 Success
Apttus delivers category-defining software that drives the vital business process between the buyer's interest in a purchase and the realization of revenue. Delivered on the world's most trusted and comprehensive cloud platform, the Salesforce Platform, Apttus' Quote-to-Cash solutions increase sales and maximize visibility and control. Applications include Configure-Price-Quote (CPQ), Proposal Management, Contract Management and Revenue Management. Additionally, Apttus' patent pending X-Author technology enables Microsoft Office to be a user-interface with full interaction and control between Salesforce and Microsoft Office. Apttus is based in San Mateo, California, with additional offices in London, UK and Ahmedabad, India. For more information visit: www.apttus.com.
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This news release contains forward-looking statements that reflect the Company's expectations with regard to future events. Actual events could differ from those anticipated in this document.