Press Releases

Wolters Kluwer Financial Services Leverages the Power of Platform-as-a-Service to Successfully Integrate WebSource CPQ with Salesforce CRM via the AppExchange

WebSource CPQ enables Wolters Kluwer Financial
Services to stream-line the quote-to-order process

SAN FRANCISCO – Dreamforce Conference - November 3, 2008 – Webcom, Inc. today announced that Wolters Kluwer Financial Services has deployed Webcom CPQ via the AppExchange. Bridging the gap from opportunity to order, WebSource CPQ allows Wolters Kluwer Financial Services to configure, price, quote and propose their offerings across multiple sales and distribution channels anytime, anywhere. WebSource CPQ is designed to help drive increased revenues and margins, increased customer satisfaction, reduced costs and improved productivity. Leveraging’s platform, WebSource CPQ is available for test drive and deployment on the AppExchange at The announcement was made today at Dreamforce ‘08,’s user and developer conference.

Wolters Kluwer Financial Services is a leading provider of content, compliance, technology, and services to banking, indirect lending, insurance, mortgage, and securities organizations in the United States. More than 15,000 financial services organizations look to Wolters Kluwer Financial Services to help address compliance and operational risk management issues in the following areas:

  • Consumer, commercial, and mortgage lending
  • Privacy
  • New accounts opening and disclosures
  • Customer identification, anti-money laundering, and fraud prevention
  • Individual retirement accounts and health savings accounts
  • Securities compliance
  • Insurance compliance

“We have been using WebSource CPQ integrated with Salesforce CRM for ComplianceOne™ which is a highly configurable solution that provides a wide range of features that you can choose from and activate when you need them. We are pleased with the ease of use as our sales people create quotes that are configured accurately, with correct pricing, including renewals and promotional up-sells and cross-sells and consistent supporting documents,” stated Jeffrey Short, vice president of sales at Wolters Kluwer Financial Services. “WebSource CPQ is a great assist, not just with new business, but converting existing customers to ComplianceOne. We are excited about the next phase of our deployment: the use of the solution covering more of our offerings and extending into the contract document process,” added Short.

"Customers, such as Wolters Kluwer Financial Services, leverage their investment in Salesforce CRM by extending opportunity management into quote and proposal management with WebSource CPQ,” said Chris Lesar, Webcom executive vice president. “It is the right tool for the right purpose: ease of configuration and pricing for the sales teams and completeness of forecasting and reporting for management,” added Lesar.

"Thousands of customers are using the AppExchange to extend the benefits of SaaS applications throughout their enterprises,” said Clarence So, Chief Marketing Officer, “With WebSource CPQ, customers of all sizes can extend their Salesforce CRM implementations with pricing, quoting and configuration to improve mission critical business operations.”

WebSource CPQ addresses the complexities raised by multiple product and service choices, sales hierarchy, discounting rules, pricing rules and multiple channels, whether a business is selling complicated equipment, software or services. Companies automate quoting, revisions, the approval process, as well as leverage guided-selling and self-service applications. With WebSource CPQ, companies:

  • Move effortlessly from opportunity to order.
  • Simplify the sales process and configure, price, quote and propose product/service offerings across all channels, anytime, anywhere.
  • Generate any document on demand without duplication of effort or data.
  • Drive increased revenues and margins, increased customer satisfaction, reduced costs and improved productivity.

Interested parties can go to and create their own trial instance of the solution, including integration to Salesforce CRM instantly.

About the Platform and AppExchange is the only proven Platform as a Service for building and running business applications in the cloud. The platform powers the Salesforce CRM applications, more than 800 ISV partner applications like those from CODA and Fujitsu, and more than 85,000 custom applications used by’s 47,700 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel. is the fastest platform for building and deploying complex business applications. Unlike a stack of disparate client/server hardware and software products, unifies the development and deployment model from the database to the device, allowing developers to easily assemble applications with clicks, components and code, and then instantly deploy them on’s trusted global infrastructure. Customers and partners are using to build all kinds of business applications from supply chain management to compliance tracking, brand management, accounts receivable, claims processing applications and much more.

Applications built on the platform can be easily distributed to the entire SaaS community through the AppExchange marketplace at

About Webcom, Inc.
Webcom, Inc. provides software solutions that simplify the complex and helps you attain your business goals. Obtain more business by simplifying the quote-to-order process for the selling of complex products and services. Requiring only a browser, WebSource CPQ allows customers to configure, price, quote and propose their offerings across multiple sales and distribution channels, anytime, anywhere. WebSource CPQ addresses the guided selling, proposal generation and multi-level channel management tasks associated with sales configurators, as well as handling the traditional bill of material, routing and diagram generation tasks frequently associated with product configurators. Retain your customers by simplifying case management with CallidusCloud WorkFlow: you’ve always had the responsibility, now you have the ability to respond. The solutions help drive increased revenues and margins, increased customer satisfaction, reduced costs and improved productivity. Companies utilizing Webcom’s products and services include Rockwell Automation, Danfoss, Corning Cable Systems, Network Appliance, Grayhill and Broan-NuTone. Founded in 1997, Webcom is a privately held corporation headquartered in Milwaukee, Wisconsin with offices in the USA and Europe. For more information, visit Webcom at or call 414-273-4442 (toll free 877-508-6323).

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, Capital Changes, NILS and AuthenticWeb™.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit  for information about our market positions, customers, brands and organization.

Media Contact:
    Webcom, Inc.
    Chris Lesar
    (262) 617-8231