Enterprise Product Management

Establish customer choice at the heart of your enterprise and enable right selling through the creation of an enterprise master catalog for all products and services.

Why SunTec Xelerate?

SunTec’s Enterprise Product Management on the SunTec Xelerate platform enables a single source of truth for all products and services for the financial services, telecom, travel and insurance sectors. Combined with an end-to-end life cycle management view, this master catalog enables the management of personalized products, including both internal and external partner products. It helps prevent wrong selling through enhanced controls and enables product convergence. SunTec’s Xelerate platform gives the flexibility to define any product or service across all lines of business. This cloud-native and microservices platform further provides comprehensive traceability across the product life cycle and improves time and cost to market significantly.

Features

Agile and Flexible

Agile and configurable product creation through an extremely business-friendly framework

Personalized

Contextual, customer choice-driven, and relationship-based selling of products and services enabled by rules. This includes hyper-personalization of offer management, bundled products and relationship-based pricing for customers

Single Source of Truth

Create a centralized, enterprise master for products and services across all lines of businesses

Business Centric

Use prebuilt product templates in the system or define your own templates with ease

Rule-based

Rich set of configurable rules to fine-tune the product’s business behavior based on context

Extendable Product Set

Holistic capability to manage internal products as well as external partner products

Complete Life Cycle Management

Monitor and track the progress of the products through their different life stages from ideation to expiry

Easy to Integrate

Well-documented APIs allow for easy integration with other systems

Benefits

• Reduce time to market through a configurable, template-driven framework
• Create competitive differentiation by the quick launch of differentiated offers to dynamic sub-segments
• Standardize the products and services being offered in the market through a centralized
• catalog
• Personalize and contextualize the products to each customer based on context and the choice of the customer
• Enhance choice to customers by mastering partner products and services in the catalog
• Improve the quality of revenue through insight-driven product life cycle management
• Prevent product proliferation through a rule-based framework that drives contextual behavior of products
• Prevent revenue leakage by establishing a single source of truth for all parts of the process, from selling to billing
• Enable regulatory compliance with traceability and end-to-end audit logs for every action