Nearbound Networks helps organisations design, implement and optimise Partner Relationship Management solutions that bring partner people, processes, technology and data together.
Whether you are launching a new partner program, replacing manual processes or improving an established ecosystem, we can help you create a more connected and scalable approach to partner management.
As partner ecosystems grow, managing them becomes increasingly complex.
Partner information may be spread across CRM systems, spreadsheets, shared drives, email threads and individual teams. Onboarding can become inconsistent, communication becomes difficult to coordinate, and gaining a clear view of partner activity and performance can be challenging.
Partner Relationship Management — or PRM — provides a structured way to manage these relationships and processes across the partner lifecycle.
A well-designed PRM approach can help organisations:
Nearbound Networks helps you determine what PRM should look like for your organisation and put the right processes and technology in place to support it.
Partner Relationship Management is the combination of strategy, processes and technology used to manage relationships with organisations that contribute to your broader business ecosystem.
Depending on your business, those partners might include:
PRM technology provides a central environment for managing the information, interactions, resources and workflows that support these relationships.
Rather than relying on disconnected systems and manual processes, PRM can create a more coordinated experience for both your organisation and your partners.
A successful partner relationship extends well beyond signing a new partner.
Nearbound Networks helps organisations create structured experiences throughout the partner lifecycle.
Bring new partners into your ecosystem with a consistent onboarding process.
Provide the information, access and guidance they need to understand your organisation, your program and how to get started.
Give partners access to the resources, knowledge and tools they need to work effectively with your organisation.
This may include product information, sales materials, training, documentation and other enablement resources.
Maintain meaningful communication with your partner network and make it easier for partners to stay involved.
Create opportunities to share news, campaigns, resources and activities relevant to different groups within your ecosystem.
Help your teams and partners work together around shared opportunities, initiatives and customer outcomes.
PRM can provide a more structured environment for managing partner interactions, referrals, opportunities and shared activities.
Recognise partner activity and performance through incentives, promotions, rewards and recognition programs.
Rewards can be incorporated into the broader partner experience to encourage participation and reinforce valuable behaviours.
Understand what is happening across your partner ecosystem.
Bring together partner activity, engagement and performance information to support reporting, decision-making and continuous improvement.
Every partner program is different.
The functionality required will depend on your partner model, business objectives, existing technology and the experience you want to provide.
Depending on your requirements and selected PRM technology, a solution can support capabilities such as:
Maintain central partner profiles, contact information, segmentation and relationship data.
Create structured onboarding journeys for new partners and provide access to relevant information and resources.
Give partners a dedicated environment where they can access information, resources, tools and activities relevant to their relationship with your organisation.
Coordinate partner communications and provide targeted information to different partner groups.
Make sales materials, product information, documentation, marketing assets and other resources easier for partners to find.
Support partner education and enablement through training resources, learning content and knowledge sharing.
Create structured processes for managing partner-generated leads, referrals, opportunities or deal registrations where appropriate.
Support partner incentives, points programs, promotions, recognition and reward experiences.
Improve visibility into partner participation, activity, engagement and performance.
Reduce repetitive administration by automating appropriate partner processes and system interactions.
Connect PRM processes with CRM, marketing, finance, ERP, ecommerce and other business platforms.
PRM technology is only one part of building an effective partner program.
The processes surrounding the technology — and how well it integrates with the rest of your organisation — are equally important.
Nearbound Networks can support the full journey from strategy and platform selection through to implementation, integration and ongoing optimisation.
Define how your partner program should operate and identify the capabilities, processes and technology required to support it.
We can work with your team to understand your current environment, identify opportunities for improvement and establish a practical roadmap for your partner ecosystem.
Select PRM technology based on your organisation's requirements rather than trying to force your partner program into a predetermined model.
We can assist with platform evaluation, configuration, implementation and rollout.
Connect PRM with the systems already used across your business.
Integrations can reduce duplicate data entry, improve information flow and create a more connected experience for your internal teams and partners.
Partner programs continue to evolve after implementation.
We can help review partner journeys, workflows, engagement and supporting technology as your ecosystem grows and your requirements change.
Nearbound's rewards capabilities can be incorporated into partner programs where incentives and recognition form part of the engagement strategy.
This can include points, promotions, rewards catalogues, marketplaces and other incentive models.
Your PRM should not become another isolated system.
Partner processes often touch multiple areas of the organisation, including sales, marketing, finance, operations and customer service.
Nearbound Networks helps connect PRM with the systems that support those activities.
PRM integrations may include:
The objective is to create a connected partner ecosystem where information can move between systems and teams without unnecessary manual administration.
Introducing PRM does not necessarily mean replacing your existing technology.
In many organisations, CRM, ERP, marketing, finance and other platforms already perform important parts of the partner-management process.
PRM can sit alongside those systems and provide the dedicated partner layer that connects them.
Nearbound Networks can help determine which responsibilities should sit within the PRM platform, which should remain within existing systems, and how information should move between them.
This helps create a practical architecture based on your actual business processes rather than duplicating functionality unnecessarily.
Partner relationships are not managed by technology alone.
Successful programs also give partners reasons to participate, engage and grow with your organisation.
Nearbound Networks has existing experience across loyalty, incentives, rewards and marketplace solutions, allowing these capabilities to become part of a broader PRM strategy where appropriate.
Partner incentive programs can support objectives such as:
Rewards can range from simple recognition through to points-based programs, promotions and integrated reward catalogues.
There are many different approaches to Partner Relationship Management.
Some organisations need a comprehensive PRM platform. Others may require a more focused solution integrated tightly with their existing CRM and business systems.
Nearbound Networks takes a technology-agnostic approach to designing the solution.
Depending on your requirements, we can work with established PRM platforms, complementary technologies and custom integrations to create the right environment for your partner program.
Our focus is on building a solution around your partner ecosystem rather than forcing your ecosystem around a particular product.
PRM can be valuable for organisations that rely on external partners to extend their sales, services, distribution or market reach.
It may be particularly useful if:
The right PRM solution starts with understanding how your partner ecosystem works.
We begin by looking at your partners, processes, objectives, existing systems and the experience you want to create.
From there, we can help determine:
The result is a PRM approach designed around your organisation rather than a checklist of software features.
Whether you are exploring PRM for the first time, replacing spreadsheets and manual processes, evaluating platforms or looking to improve an existing partner program, Nearbound Networks can help you determine the right next step.
From strategy and technology selection through to implementation, integration, incentives and ongoing optimisation, we help organisations build partner ecosystems that are easier to manage and better connected.