Friday, October 5, 2012

Selectica, Inc. (SLTC) Receives Silver Award in Annual Golden Bridge Awards for Cloud CPQ Solution


Selectica announced it has received the esteemed “Silver” status in the annual Golden Bridge Awards for its cloud CPQ solution, Selectica Guided Selling.

The Golden Bridge Awards are a yearly industry and peer recognition program that distinguishes excellence in companies of all sizes and types throughout the world, with categories including “Best Products,” “Management and Teams,” Women in Business and the Professions,” and “PR and Marketing Campaigns.”

Taking users end-to-end – from configuration to quote to contract – Selectica Guided Selling is patented configure-price-quote (CPQ) software that can be integrated with Selectica Contract Lifestyle Management (CLM). With Selectica Guided Selling, it is easy for companies to define and maintain rules to guide the sales process; once rules are in place, sales teams can configure deals with a step-by-step selection interface that is powered by a declarative constraint engine that dynamically includes or eliminates choices according to input from the user.

The 2012 Golden Bridge Business Awards winners were determined by the average scores of more than 40 judges from a wide variety of industry voices across the globe. The selected winners were honored at an awards dinner and presentation on Oct. 2 in San Francisco, which was attended by the finalists, the judge,s and industry leaders.

Selectica Guided Selling was created to enable a wider variety of companies to take advantage of Selectica’s patented sales configuration technology and create guardrails to improve sales effectiveness and efficiency. The Golden Bridge Awards recognized Selectica’s product as a new and innovative way for companies to reach their sales goals.

Selectica is a developer of innovative software that is relied on by the most successful companies in the world, as a means of improving the effectiveness of their sales and contracting processes. The company’s guided selling, sales configuration, and contract lifestyle management solutions support the Global 2000 and growing midsize firms in closing billions of dollars’ worth of business every year. Selectica’s patented technology – delivered through the cloud – makes it simple for customers in industries such as high-tech telecommunications, manufacturing, healthcare, financial services, and government contracting to rise above product and channel complexity, increase deal value, and accelerate time to revenue.

For more information, visit the company’s Web site at www.selectica.com

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