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Xmonic becomes new division of Imparta Date : Jun 2006
Imparta, now one of the UK's largest companies offering sales and marketing effectiveness services to major organisations, has added a new division by acquiring the assets of Xmonic, a specialist in key account management, for an undisclosed amount.

Imparta's growth has averaged 63% per year for the past 4 years, with turnover reaching £4.2m in 2005 and further growth expected into 2006. Imparta's success in driving quantifiable performance improvements across an organisation has been built on its expertise in blending traditional training methods with advanced technology-based training and reinforcement components. These include e-learning, simulations, skills assessment; application tools and performance/ROI measurement.

The acquisition of Xmonic brings specialist expertise in key account management, along with a software platform called RM3. RM3, designed to support best processes in key account management, was created as a result of experienced sales practitioners recognising account teams' need for a collaborative environment in which to develop strategy, implement plans, and manage the profitability of specific accounts.

Imparta's CEO Richard Barkey explained: "We're delighted to be deepening our expertise in this area. Imparta's aim is to become the global supplier of choice in sales and marketing effectiveness and expanding the support we can offer clients in driving their revenue and profit performance is a key component of this strategy".

Xmonic principals Keith Francis and Tom Harris now join the Imparta team, adding their extensive expertise and experience to Imparta's existing strengths in sales, marketing and leadership.
     
Reuters pilots RM3 for remote teams Date : Apr 2005
One of the first users of RM3 - the browser-based expert key and global sales account management system from Xmonic Ltd - has used the system to allow remote teams to create, discuss and amend account plans in real time.
Reuters, the global information company, has been using RM3 to manage one of its accounts which is based in Australia, but which has account managers working not only in the same country as the account, but also in Japan, Singapore, Hong Kong and London.

Describing the benefits that RM3 brings to the management and planning of such an account, Reuters' head of CRM operations for Sales, John Spillane says:

"RM3's ability to get people who are geographically dispersed and working in different time zones sharing the same methodology in account planning by accessing the same screen on-line has been extremely useful. The system is secure, yet available to everyone who has permission to access it."

RM3 applies a completely different approach to sales automation. It uses expert systems to display information that the sales team needs first, rather than traditional data fields. This has a big impact on the way the system is used, so that account management becomes not simply about entering and sharing data, and in the case of Reuters, means that the system has been used both at top level and by drilling down for data.

Built for "real world" applications, other features of RM3 include a one-page account summary that shows what actions are required on the account, who should action them and when, allowing team leaders to obtain a good overview of an account's status when they sign on.
     
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