Press Releases

Webcom, Inc. Announces New Release of WebSource CPQ (Configuration, Pricing, Quotation & Proposal) Solution

Enhancements to WebSource CPQ Focus on Continued Leadership in Ease of Use of the Application

Milwaukee, Wisconsin, October 23, 2007 - Webcom, Inc., the leader in simplified quote-to-order enablement for the selling of complex products and services, announced today the general availability of version 6.0 of its market leading WebSource CPQ (Configuration, Pricing, Quotation & Proposal) solution. With a continued focus on ease of use for both end users and administrators, as well as "click minimization", WebSource CPQ V6.0 received applause as it debuted at the 3rd annual Webcom Client Summit held in Las Vegas last week.

"Our clients are being challenged to address the unique needs of each individual customer. Flexibility in discounting and markup, multiple levels of pricing, extending approval processing beyond the traditional pricing and discounting approval model, and the like, continues to present opportunities to innovate and drive value," said Aleks Ivanovic, CEO and founder of Webcom, Inc. "WebSource CPQ V6.0 is the next iteration of our client-driven approach," added Ivanovic.

Based on client feedback and requests and implementation work done with our CRM partners, WebSource CPQ V6.0 provides significant new user and administrative enhancements. These enhancements are focused in areas of ease of use and minimization of the number of clicks required including:

· Extended shopping cart flexibility
· Additional configuration types
· Ease of customer information access (Ajax lookup)
· Advanced search, defaults and preferences
· Expanded e-mail options at the time of order placement
· Dynamic and conditional notification content
· Enhanced approval process
· Workflow administration redesign
· Product and user administration enhancements
· Document generation performance

"We originally chose WebSource CPQ for its robustness, ease of use and ease of administration," stated Ralph Bachofen, Director of Product Management and Marketing at Triveni Digital, a subsidiary of LG Electronics. "These latest enhancements will give us even greater flexibility and value, for both our users and administrators," added Bachofen.

WebSource CPQ is designed to help drive increased revenues and margins, increased customer satisfaction, reduced costs and improved productivity. Requiring nothing more than a web browser, WebSource CPQ allows sales people, channel partners and consumers to easily and skillfully configure, price, quote and propose products/services. "Demand for our solution continues at a record pace encompassing enterprises of all shapes and sizes, confirming that the quote-to-order process continues to be top of mind with the business executive," stated Chris Lesar, Executive Vice President of Webcom.