7+ BEST Best PRM Software of 2022 [Ranked][Partner Relationship Management]

BEST Best PRM Software of 2022 [Ranked][Partner Relationship Management]

PRM software stands for Partner Relationship Management software. PRM software is a tool to manage an organization’s relationships with its various partners.

PRM software can help organizations keep track of their partners’ contact information, communications, and interactions.

PRM software can also automate partner management tasks, such as onboarding new partners and managing partner communications.

Affiliate marketing is growing each year and partnership tools are key to this develop.

More companies are finding that affiliate marketing is one of the best marketing and sales channels available.

If you’re a partnership manager and need to know the latest tools on the market to take your partnership program to the next level, this article is for you.

There are many PRM software solutions on the market, so it is important to choose the right one for your organization’s needs.

To help you make the best decision, we have compiled a list of the best PRM software solutions available.

Best PRM Software

Below are some of the best PRM software:

#1 Salesforce Partner Relationship Management

Salesforce PRM is a partner and channel management software that helps you with:

  • sales
  • onboarding
  • personalized partner recruitment
  • performance data collection

The PRM has built-in tools to help train and support partners to help them generate more sales.

You can even integrate your CRM (Customer Relationship Management) software with the Salesforce PRM to monitor and analyze sales.

#2 HubSpot Partner Relationship Management (via Channeltivity)

HubSpot PRM is available through Channeltivity’s PRM integration.

This will help:

  • Building your partner network
  • Engaging and empowering your partners
  • Tracking and measuring success

Channeltivity’s HubSpot Edition provides point and click connectivity between your PRM and HubSpot CRM.

Accordingly, your channel team gets all the benefits of a PRM while other stakeholders within your organization get the data they need within HubSpot CRM.

#3 360ecosystems

360ecosystems is a software that helps you with:

  • Partner communications
  • Partner performance management
  • Lead and deal registration
  • Multi-tier discounting

The PRM has built-in tools for lead management, deal registration, and performance management.

#4 Allbound

Enable your partners to sell more effectively. Get tailored training and targeted playbooks.

Allbound enables you to integrate with your techstack for seamless reporting.

#5 ZiftOne PRM

ZiftOne PRM can drive partner engagement and result in higher quality leads, increased deal registration compliance, and shortened sales cycles.

The PRM has a lead management system that captures leads from multiple channels and routes them to the appropriate partner.

It also has a quoting tool that helps partners generate quotes faster and a document library where partners can find the latest sales collateral.

#6 PartnerStack

PartnerStack is a well-known platform in the PRM software industry that optimizes both the partner and partner management experience.

Its PRM software allows partners to reach more vendors and vice versa through an integrated marketplace.

PartnerStack also offers:

  • A robust API for integration
  • Automated workflows
  • Detailed reporting
  • Self-service on boarding for partners
  • A partner portal
  • A mobile app

Its PRM software is used by companies such as Gusto, Calendly, and ExaGrid.

#7 Impact Partnership Cloud

Affiliate marketers know Impact, as so many affiliate programs are launched within it.

Impact’s PRM software will allow you to engage your partners, communicate with them across platforms, and measure their performance.

Impact supports all types of partnerships, including:

  • affiliates
  • marketers
  • ambassadors
  • sponsorships
  • non-profits
  • channel programs
  • and more

What Is PRM Software?

PRM software is a tool used to manage relationships with partners. PRM software enables you to:

  • Engage your partners
  • Communicate with your partners
  • Support your partners
  • Measure your partner’s performance

A PRM software solution will help you automate and streamline your partner management processes.

PRM software is essential for any organization that relies on partnerships to drive sales and grow their business.

How to Choose the Best PRM Software Solution?

When choosing a PRM software solution, there are a few things you should keep in mind:

Ease of use: The PRM software should be easy to use and intuitive. Otherwise, it will be difficult to get buy-in from your team.

Flexibility: The PRM software should be flexible and able to adapt to your changing needs.

Integrations: The PRM software should integrate with your existing techstack. This will make it easier to get started and ensure that everyone is on the same page.

Reporting: The PRM software should provide detailed reporting so you can track your progress and measure your success.

Pricing: The PRM software should be affordable and offer a price that is in line with your budget.

The best PRM software solutions will offer all of these features and more.

PartnerStack, ZiftOne PRM, Allbound, and 360ecosystems are all great options to consider.

Why Use Partner Management Software?

There are many reasons why you should use PRM software.

PRM software will help you:

Save time: PRM software automates and streamlines your partner management processes. This will save you time and allow you to focus on other aspects of your business.

Improve communication: PRM software enables you to communicate with your partners more effectively. This will improve communication and make it easier to resolve any issues that may arise.

Increase sales: PRM software helps you engage your partners and drive sales. By using PRM software, you can increase your sales and grow your business.

Support your partners: PRM software provides the tools and resources your partners need to be successful. This will help them sell more effectively and drive more sales for your business.

PRM software is an essential tool for any organization that relies on partnerships to drive sales and grow their business.

If you are not using PRM software, you are missing out on a valuable opportunity to improve your business.

What Are the Features of Partner Management Software?

PRM software solutions offer a wide range of features.

The best PRM software solutions will offer:

An integrated marketplace: PRM software should provide an integrated marketplace that allows partners to reach more vendors and vice versa.

A robust API: PRM software should offer a robust API for integration. This will make it easier to connect your PRM software with your existing tech stack.

Automated workflows: PRM software should automate your partner management processes. This will save you time and allow you to focus on other aspects of your business.

Detailed reporting: PRM software should provide detailed reporting so you can track your progress and measure your success.

Self-service on boarding: PRM software should offer self-service on boarding for partners. This will make it easier for them to get started and ensure that they have all the information they need.

PartnerStack is a PRM software solution that offers all of these features and more. If you are looking for a PRM software solution, PartnerStack is a great option to consider.

PRM Software – FAQs

What is the difference between CRM and PRM?

CRM (Customer Relationship Management) software is used to manage customer relationships.

PRM (Partner Relationship Management) software is used to manage relationships with partners.

How much does PRM software cost?

PRM software prices vary depending on the features and functionality you need.

PRM software can cost anywhere from $500 to $5,000 per month.

How do I get started with PRM software?

The first step is to choose the PRM software that is right for you.

Once you have chosen a PRM software solution, you will need to sign up for an account and set up your profile.

After that, you can start using the PRM software to engage your partners and drive sales.

What are the benefits of PRM software?

PRM software enables you to engage your partners, communicate with them more effectively, and support their success.

PRM software also helps you increase sales and grow your business.

How can I improve my partner relationships?

By using PRM software, you can automate and streamline your partner management processes.

This will save you time and allow you to focus on other aspects of your business.

Additionally, PRM software enables you to communicate with your partners more effectively.

This will improve communication and make it easier to resolve any issues that may arise.

Finally, PRM software helps you engage your partners and drive sales.

By using PRM software, you can increase your sales and grow your business.

CRM vs. BRM vs. PRM – What’s the difference?

CRM, in general, helps to manage new, existing, and future customer relationships.

BRM revolves around business units successfully meeting the needs of internal business partners and the external service providers.

PRM is about configuring, deploying, and maintaining relationships with channel partners to reach business objectives.

The main difference between PRM and CRM is that PRM is used to manage relationships with partners while CRM is used to manage customer relationships.

Additionally, PRM helps you engage your partners and drive sales while CRM helps you manage your customer relationships.

Ultimately, the decision of whether to use PRM or CRM depends on your business needs.

If you need to manage customer relationships, then you should use CRM. If you need to manage partner relationships, then you should use PRM.

What is a PRM module? How does it differ from an ERM module?

A PRM module is between selling partners and companies.

A PRM Module differs from an ERM module in the following ways:

  • PRM is used to manage relationships with partners while ERM is used to manage employee relationships.
  • PRM helps you engage your partners and drive sales while ERM helps you engage with your employees.
  • PRM is between selling partners and companies while ERM is between employees and companies.

Whether to use PRM or ERM depends on your business needs.

If you need to manage employee relationships, then you should use ERM. If you need to manage partner relationships, then you should use PRM.

How can PRM software help my business?

PRM software enables you to engage your partners, communicate with them more effectively, and support their success.

PRM software also helps you increase sales and grow your business.

PRM software can help your business in the following ways:

  • PRM software enables you to engage your partners. This will improve communication and make it easier to resolve any issues that may arise.
  • PRM software helps you communicate with your partners more effectively. This will allow you to resolve any issues that may arise more quickly.
  • PRM software helps you drive sales. By using PRM software, you can increase your sales and grow your business.

Ultimately, PRM software can help your business by enabling you to engage your partners, communicate with them more effectively, and support their success.

Additionally, PRM software can help you increase sales and grow your business.

When should I use PRM software?

PRM software should be used when you need to manage relationships with partners.

PRM software can help you engage your partners, communicate with them more effectively, and support their success.

Additionally, PRM software can help you drive sales and grow your business.

PRM software is most commonly used in the following situations:

  • When you need to engage your partners
  • When you need to communicate with your partners more effectively
  • When you need to support your partners’ success
  • When you need to drive sales and grow your business

PRM software should be used when you need to manage relationships with partners.

PRM software can help you engage your partners, communicate with them more effectively, and support their success.

Additionally, PRM software can help you drive sales and grow your business.

Summary – PRM Software

PRM software is essential for any business that relies on partnerships to drive sales and grow their business.

PRM software enables you to manage relationships with your partners more effectively, communicate with them more efficiently, support their success, and measure their performance.

PRM software solutions offer a wide range of features, including an integrated marketplace, robust API, automated workflows, detailed reporting, and self-service portals. PRM software is a powerful tool that can help your business grow and succeed.

When choosing PRM software, it is important to consider your business needs and objectives.

There are a variety of PRM software solutions on the market, so it is important to choose the one that best meets your needs.

PRM software can help your business in many ways, so it is important to select the right solution for your business. PRM software is a powerful tool that can help you manage relationships with your partners, communicate with them more effectively, support their success, and drive sales.

Ultimately, PRM software can help you grow your business and achieve success.

PRM software can help your business in the following ways:

  • PRM software enables you to engage your partners. This will improve communication and make it easier to resolve any issues that may arise.
  • PRM software helps you communicate with your partners more effectively. This will allow you to resolve any issues that may arise more quickly.
  • PRM software helps you drive sales. By using PRM software, you can increase your sales and grow your business.

PRM software can help your business by enabling you to engage your partners, communicate with them more effectively, and support their success.

Additionally, PRM software can help you increase sales and grow your business.

PRM software is a powerful tool that can help you manage relationships with your partners, communicate with them more effectively, support their success, and drive sales. PRM software can help you grow your business and achieve success.

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