10 Ways Owlytica Boosts Recurring Revenue

with Automation, Portals, and Data

Read time -2.5 minutes

10 Ways Owlytica Uses Renewal Automation, Portals, and Data to Drive Margin

Here’s a breakdown of how Owlytica can generate revenue for your business, focusing on three key areas: sales and renewal automation, recurring revenue, and driving new revenue.

Sales and Renewal Automation

1. Automated Renewals
   Esure no contract renewal is missed with automated reminders and processes. This not only secures consistent recurring revennue but also demonstrates to your customers that you can manage their details with precision and care, making you a trusted partner.
2. Efficient Contract Management
   Streamline the contract lifecycle with contract management automation, reducing administrative work and minimizing costly errors.
3. Quoting Automation
   Quoting automation often saves days for inside sales and renewal teams, freeing them up to work on strategic priorities instead of manual tasks.

Recurring Revenue

4. Renewals Automation
   Automating renewals ensures you capture all contracts on time, building recurring revenue while positioning your business as reliable and customer-focused.
5. Service Optimization
   Enhance service quality and speed with service optimization, leading to better customer retention and a steady stream of recurring revenue.
6. Customer Portals
   Engaging customers through customer portals allows seamless connections via APIs and data sharing, offering proactive service that enhances customer satisfaction

Driving New Revenue

7. Proactive Refresh Opportunities
   Leverage asset data to identify and forecast proactive refresh opportunities up to 12 months in advance, enabling early customer engagement and driving new sales.
8. Upsell Opportunities
   Use data insights to pinpoint upsell opportunities, offering tailored solutions that increase customer lifetime value and drive new revenue.
9. Sales Pipeline Visibility
   Provide OEM;s and channel partners with real sales pipeline visibility, strengthening loyalty and increasing the likelihood of shared customer lists and data.

Conclusion:

By automating key processes like contract management, renewals, and quoting, while maximizing recurring revenue and identifying new opportunities through data and portals, Owlytica helps drive consistent business growth. Let’s explore how these strategies can be customized for your business!