9+ Best PRM Software of 2023 (Partnership Tools Ranked)

Are you looking for Partner Relationship Management (PRM) software to help streamline and optimize your partner programs? With the right PRM solution, you can strengthen partner relations, increase visibility into partner performance, and create an effective system of rewards.

We’ve compiled a list of the 9+ best PRM software of 2023 to help you find the perfect partner relationship management solution for your business. From partner onboarding, deal registration, and channel partners to partner performance, customer relationship management, and partner program management – these tools are designed to make managing your partner relationships easier.

Each PRM software on this list includes features such as automatic onboarding, partner performance tracking, and intuitive dashboards for better visibility into your partner network.

What is PRM Software?

Partner Relationship Management (PRM) software is designed to help companies manage their partner relationships. With PRM, you can streamline partner onboarding, track performance, provide insights into the success of your partner programs, and enable effective communication throughout your entire partner ecosystem.

1. PartnerStack.
2. Impact Partnership Cloud.
3. Salesforce PRM.
4. Allbound PRM.
5. Impartner PRM.
6. Channeltivity.
7. Magentrix.
8. TUNE.
9. Referral Rock

PartnerStack

PartnerStack is designed for businesses of all sizes and features a comprehensive partner relationship management solution. This software lets you manage partner onboarding and engagement, enable deal registration, track partner performance, and create custom partner portals. PartnerStack also offers automated onboarding, intuitive dashboards, and partner program insights. With PartnerStack, you get end-to-end automation for partner onboarding and a sleek dashboard to track performance metrics. It offers automated onboarding, deal registration, revenue tracking and reporting, and more. PartnerStack enables you to create custom portals where partners can access your products, resources, and tools.

Pricing Plan

• Essentials
• Growth
• Enterprise
• Reach out to the team to learn more.

Key Features

• PartnerStack Marketplace: PartnerStack helps partners find relevant programs to join so that they can sell more for themselves.
• Partner Onboarding: Automate onboarding processes, including partner registration and program acceptance.
• Deal Registration: Easily set up deal registration to protect partners and ensure they get credit for the deals they close.
• Partner Performance Tracking: Get visibility into partner performance with intuitive dashboards so that you can identify high-performing partners.
• Reporting & Analytics: Track partner program performance and continually use insights to improve results.

Impact Partnership Cloud

Impact Partnership Cloud is a comprehensive PRM platform that offers features such as customized partner onboarding, automated deal registration, and integrated sales analytics. It supports all indirect sales channels, including distributors, resellers, and affiliates. It also offers powerful partner engagement tools like private forums, system-wide notifications, and partner insights. With Impact Partnership Cloud, you can easily manage your partner relationships, track performance metrics, and reward partners for success.

Pricing

• Pro – Starting at $500 per month
• Enterprise – Starting at $2500 per month

Key Features

• Protect Monitor: Detect and cut out cookies and frauds in your channel to maintain high-quality partnerships.
• Integrated Sales Analytics: Automatically track and analyze partner performance to uncover key insights.
• Deal Registration: Enable deal registration to protect partners and ensure they get credit for deals closed.
• Partner Portal: Create a secure portal where partners can access your products, resources, and tools.
• Partner Onboarding: Streamline partner onboarding with automated processes.

Salesforce PRM

Salesforce PRM is an enterprise-grade solution for managing partner relationships. This platform offers a centralized control panel, automated onboarding, and powerful analytics to enable you to track partner performance. It also offers deal registration, lead distribution, and channel management features. You can use Salesforce PRM to create custom partner portals, engage partners with a loyalty program, and manage relationships throughout your entire partner ecosystem. Salesforce PRM also supports partner marketing tools such as email automation and campaigns, custom portals, and CRM integrations.

Pricing Plan

• $25/member/month.
• The tool is only available with the Enterprise and above plans.

Key Features

• Pre-built Campaigns: Adding content from your current content management system (CMS) also helps you create guided setups for your partners.
• Partner Relationship Management: Automate onboarding and deal registration, track performance metrics, and reward partners for success.
• Lead Distribution & Channel Management: Automatically assign leads, track and measure channel performance, and ensure partners get credit for deals they close.
• Partner Portal: Create a secure portal where partners can access your products, resources, and tools.

Allbound PRM

Allbound is a cloud-based platform designed to help businesses manage their partner relationships. This software provides easy onboarding, automated deal registration, and partner performance tracking. It also offers features such as customized portals, automated notifications, and lead distribution. Allbound PRM helps you organize your partner relationships, monitor performance metrics, and reward partners for success.

Pricing

Allbound has three quote-based pricing plans: Standard, Growth, and Premium.

Key Features

• Educational Tracks: Build educational tracks and playbooks to guide new partners through the pre-defined, sequential learning process.
• Deal Registration: Automate registering new deals and assigning them to the right partner.
• Partner Portal: Create a secure portal for partners to access your products, resources, and tools.
• Partner Insights: Get real-time insights into partner performance and uncover key trends.
• Channel Analytics: Automatically track and analyze partner performance and identify potential opportunities.
• Reward System: Set up an automated reward system for your partners and incentivize them to increase sales.
• Channel Automation: Automate lead distribution, deal registration, and partner onboarding.

Impartner PRM

Impartner is a comprehensive platform for managing partner relationships. This software includes automated onboarding, comprehensive analytics, and customizable portals. It also offers tools such as deal registration and lead distribution. Impartner PRM helps you track partner performance, create loyalty programs, and automate customer onboarding. With Impartner PRM, you can manage your partner relationships, track performance metrics, and reward partners for success.

Pricing

Quote-based plans.

Key Features

• Lead Closure: Share your leads with your partners and the sales team, and select the most appropriate partner for each lead.
• Partner Onboarding: Automate onboarding processes and provide partners with the necessary resources to succeed.
• Partner Relationship Management: Track partner performance, identify growth opportunities, and reward partners for success.
• Loyalty Program: Develop loyalty programs to encourage repeat business from partners.
• Analytics & Reporting: Generate reports to gain insights into partner relationships and performance metrics.
• Channel Automation: Automate lead distribution, deal registration, and partner onboarding.
• CRM Integration: Integrate your existing Customer Relationship Management (CRM) system.

Channeltivity

Channeltivity is a cloud-based platform designed to help businesses manage their partner relationships. This software provides easy onboarding, automated deal registration, and partner performance tracking. It also offers features such as customized portals, automated notifications, and lead distribution. Channeltivity helps you organize your partner relationships, monitor performance metrics, and reward partners for success. It also offers features such as customized portals, automated notifications, and lead distribution. Channeltivity helps you keep your partner relationships organized and monitor performance metrics effectively.

Pricing Plan

• Standard Edition – $1399 per month
• HubSpot Edition – $1699 per month
• Salesforce Edition – $1699 per month

Key Features

• Create Templates: Channeltivity allows you to create templates, profiles, and documents for every partner.
• Analytics & Reporting: Generate reports to gain insights into partner relationships and performance metrics.
• Partner Portal: Create a secure portal for partners to access your products, resources, and tools.
• Lead Distribution: Automatically assign leads to the most appropriate partner based on their skills and qualifications.
• Deal Registration: Automate registering new deals and assigning them to the right partner.
• Channel Automation: Automate lead distribution, deal registration, and partner onboarding.

Magentrix

Magentrix is a comprehensive platform for managing partner relationships. This software includes automated onboarding, comprehensive analytics, and customizable portals. It also offers deal registration, lead distribution, and channel management tools. With Magentrix, you can easily track performance metrics, create loyalty programs, and automate customer onboarding. With Magentrix, you can manage your partner relationships, track real-time performance metrics, and reward partners for their success.

Pricing

Magentrix offers quote-based plans.

Key Features

• Analytics & Reporting: Generate reports to gain insights into your partner relationships and performance metrics.
• Partner Portal: Create a secure portal for partners to access your products, resources, and tools.
• Lead Distribution: Automatically assign leads to the most appropriate partner based on their skills and qualifications.
• Deal Registration: Automate registering new deals and assigning them to the right partner.
• Customized Portals: Create customized portals for each partner or group of partners.
• Channel Automation: Automate lead distribution, deal registration, and partner onboarding.
• CRM Integration: Integrate your existing Customer Relationship Management (CRM) system.

TUNE

TUNE is a cloud-based platform designed to help businesses manage their partner relationships. This software provides easy onboarding, automated deal registration, and partner performance tracking. It also offers features such as customized portals, automated notifications, and lead distribution. TUNE helps you organize your partner relationships, monitor real-time performance metrics, and reward partners for their success. It also offers features such as customized portals, automated notifications, and lead distribution. TUNE helps you organize your partner relationships and monitor diverse performance metrics effectively.

Pricing Plan

• Bootstrap – $499 per month
• Startup – $879 per month
• Scale – $1500 per month
• Contract – Quote-based

Key Features

• Lead Distribution: Automatically assign leads to the most appropriate partner based on their skills and qualifications.
• CRM Integration: Integrate your existing Customer Relationship Management (CRM) system.
• Partner Portal: Create a secure portal for partners to access your products, resources, and tools.
• Analytics & Reporting: Generate reports to gain insights into partner relationships and performance metrics.
• Deal Registration: Automate registering new deals and assigning them to the right partner.
• Channel Automation: Automate lead distribution, deal registration, and partner onboarding.
• Customized Portals: Create customized portals for each partner or group of partners.

Referral Rock

Referral Rock is a software designed to help businesses manage their partner relationships. This software offers automated onboarding, comprehensive analytics, and customizable portals. It also provides tools for lead distribution, deal registration, and partner performance tracking. Referral Rock allows you to easily organize your partner relationships and monitor diverse performance metrics effectively.

Pricing Plans

Standard – $99 per month

Premium – $299 per month

Enterprise – Quote-based

Key Features

• Analytics & Reporting: Generate reports to gain insights into partner relationships and performance metrics.
• Lead Distribution: Automatically assign leads to the most appropriate partner based on their skills and qualifications.
• Customized Portals: Create customized portals for each partner or group of partners.
• CRM Integration: Integrate your existing Customer Relationship Management (CRM) system.
• Partner Portal: Create a secure portal for partners to access your products, resources, and tools.

Conclusion

Finding the right PRM software can be challenging, but with these 9+ best-in-class solutions of 2023, you can enhance your partner relationships and performance metrics in no time. Whether looking for automated onboarding, comprehensive analytics, or customizable portals, each solution offers features and capabilities to help manage your partner relationships. So, choose the best PRM software for your business and grow your partner network quickly!

FAQs

What is Partner Relationship Management Software?

Partner Relationship Management (PRM) software is designed to help businesses manage their partner relationships. It provides features such as automated onboarding, comprehensive analytics, and customizable portals that help businesses streamline the partner management process.

How can Partner Management Software Help My Business?

A: Partner Management Software can help businesses efficiently manage their partner relationships, streamline the onboarding process, track performance metrics, and better understand partner engagement. It also helps increase productivity by automating lead distribution, deal registration, and other tasks.

What are the Benefits of Using Partner Relationship Management Solutions?

The benefits of using Partner Relationship Management (PRM) solutions include an enhanced relationship with partner managers, improved customer experience, automated onboarding, comprehensive analytics and reporting, lead distribution automation, and customized portals. Additionally, PRM software can help businesses create effective channel strategies and foster better partnerships with their partners.

What Are the Different Types of Partner Programs?

Many types of partner programs exist, such as affiliate, reseller, referral, and loyalty programs. Each type of program offers unique benefits and incentives for partners to engage with a business’s products or services. Additionally, each program type requires its own strategies and processes to ensure successful partner relationships.

What is Partner Onboarding?

Partner onboarding introduces new partners to your business and familiarizes them with your products, services, and processes. This includes providing training materials and resources, setting up accounts and access rights, creating custom portals and automated workflows, assigning tasks and responsibilities, etc.

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