Provus blog
The latest insights from industry experts and thought leaders in Services CPQ.
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How to optimize margins in a systematic way?
When we talk about KPIs, there is nothing better than conversion. Improving the bottom line and making profits is the ultimate aim of any business. However, the road to profit is a tough one, especially for professional service organizations. Techniques like...
How To Stop Revenue Leakage During The Quoting Process?
Revenue leakage is the unintentional and unnoticed loss of revenue from a company. It typically comes from unbilled or underbilled service hours or products – essentially, you’re doing the work and not getting the right amount of compensation. Every successful and...
Provus Inc. Announces $12 Million Series A To Enhance AI-Powered Services Quoting Solution And Expand Team
SAN FRANCISCO, July 13, 2022. Provus Inc., provider of an automated services quoting solution, today announced it has raised $12 million in Series A funding. Norwest Venture Partners led the round with returning participation from angel investors Accel Partners and...
How To Drive Sales Acceleration Using Service Quoting?
To stay ahead of the curve and competition, businesses need to optimize their pricing, speed up the quote-to-cash motions, and have a scalable, configurable, and adaptable system in place to close deals faster. All this, while managing increasingly complex service...
How To Maximize Revenue In The Sales Process With Service Quoting?
As per the Time Management for Sales study, only 37% of sales reps’ time is spent on revenue-generating activities. The rest of the time is spent on admin activities, generating quotes, proposals, and gaining approvals. Adding to this, when your services grow in...
Product Quoting Software for Professional Services
Aberdeen Research had highlighted in a report that Best-in-Class CPQ users average five times greater growth in revenue year-over-year and 4-fold growth in net profit over a five-year span. You are a product company (physical product or subscription products) and you...
Automating Services Quoting – A Missing Piece of The Puzzle
According to TSIA’s 2021 Professional Services Tech Stack Survey, B2B tech companies saw a significant increase in adoption of configure price quote (CPQ) by professional services organizations over the last year: Adoption of CPQ rose from 44% in 2020 to 54% in 2021....
5 Reasons Services Quoting Is a Must-Have for Your Growing Business
The Services Economy is booming and more businesses are looking for scalable, configurable, and easily adaptable systems to manage increasingly complex services quoting processes. The majority of these companies have defaulted to maintaining manual Excel spreadsheets...
Evolution of “As a Services Economy”
Like all industrialized nations United States always had its economy tied with the services economy. But in the last decade, there are more services companies in the Fortune 500 list than manufacturing companies plus services companies are growing faster. The world is...
Provus Inc. Announces $2.2 Million in Funding From Angel Investors
Investment Fuels Innovation of AI-driven SaaS Startup's Services CPQ Solution that Automates Entire Sales Quoting Lifecycle to Accelerate Deals, Maximize Revenue, and Increase Gross Margins SAN FRANCISCO, May 26, 2021 -- Provus Inc., a Services Configure Price Quote...
Customer Experience in Services Quoting
As we move rapidly into the digital led world the need for focus on Customer Experience is becoming extremely critical. Customer experience is a factor of the experience that customer has with the company through various stages of the engagement. The start of the...
What’s Behind the Name – Provus?
Every company, every start-up goes through an exciting phase of deciding the name of the company. It is an important and defining step in the journey, something that will stay with you forever. We, at Provus, went through similar excitement. It took us multiple...