Cameleon Software Chosen by Leading Financial Services Tech Company to Streamline Sales Processes with Configure-Price-Quote System

    CHICAGO, IL, March 20, 2012 /24-7PressRelease/ -- Cameleon Software (Paris: CAM), the leader in product configurator, quotes, proposals and eCommerce software, today announced that a leading global provider of information management and electronic commerce systems for the financial services industry has chosen to implement Cameleon CPQ, beginning in the U.S. market.

With Cameleon CPQ, this market leader aims to improve productivity, win rates and overall customer satisfaction. The customer offers a broad range of products and services that can be configured in myriad ways. The resulting sales proposals can span thousands of options, making accurate sales quoting a long and painstaking process. Cameleon CPQ will automate pricing threshold information and approval workflows, allowing sales people to free up more time to consult with and serve the customer, while improving accuracy and eliminating days and weeks of calculations, scenario planning and approval cycles. The CPQ software will make it easier to create more comprehensive proposals by automatically suggesting appropriate up-sell, cross-sell and promotional opportunities. The CPQ software will also improve pipeline forecasting accuracy within Salesforce.com.

Integrated with Salesforce.CRM, and natively mobile on iPad/iPhone, Cameleon's solution will enable the company's salespeople to quickly configure, price and quote the right offerings to customers no matter how complex the requirements are. Sales staff can even make proposal changes in the field--even across multiple lines of business, to improve the company's global competitiveness. With nearly 1,000 proposals written and submitted every year for deals that can easily run into the millions of dollars, the company expects to increase proposal accuracy and total contract values, while at the same time, shorten the sales cycle process.

"This new win is a major one as Cameleon Software grows its footprint in the U.S. market. This contract demonstrates once more the relevance of our CPQ solution for large organizations in the services sector. Serving companies in the insurance & financial services, telecoms, high tech industry is at the core of our vision as much as offering incomparable performance and scalability to users no matter how large the deployment. This is a great example of how financial service companies can use our CPQ technology to improve service, cut cycle times and ultimately grow their revenue," explained Jacques Soumeillan, CEO, Cameleon Software.

Cameleon Software is the global leader in "next generation" product configurator, quotes, proposals and eCommerce software. Cameleon solutions empower customers' sales teams to streamline their quote-to-order process and increase sales across all channels, and marketing teams to define and launch new products faster. Cameleon's solutions integrate to leading CRM and ERP systems including Salesforce,SAP, Oracle and Microsoft and are available as both Saas or On Premises. Rated as Positive in the Gartner Group Marketscope, Cameleon Software is a public company with strong references in industries such as insurance and financial services, telecom, hi-tech and manufacturing including Gras Savoye, SFR, Yellow Pages, IMS Health, Technip and ThyssenKrupp.

For more information, visit: www.cameleon-software.com and www.salesforce.com/appexchange.

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