By Jim Martindale, CEO of Navint
If you are a regular reader of our blogs, you know we have been examining the Subscription Economy for some time. Now it’s time to put words to action.
We are very excited to announce Navint’s strategic acquisition of Statera, a leading quote-to-cash implementation provider and Salesforce implementer. The acquisition not only doubles Navint’s size, but more importantly empowers us to provide solutions to the critical challenges that today’s recurring-revenue organizations consistently face. We are thrilled to welcome all Statera employees and offices to the Navint family, which will result in our expanded footprint in London, New York, Boston, Chicago, Denver and Dallas.
Navint realized that most enterprises are struggling to operate against new revenue and business models like subscriptions and other Business to Business (B2B) and Direct to Consumer (DTC) channels that have redefined how consumers and businesses buy everything from software and media to vehicles, electronic equipment, fashion and furniture. The result is that today’s companies are increasingly challenged to connect CPQ, Billing, ERP and revenue recognition, and find it difficult to understand how to optimize their business processes and connect front and back office technologies.
By joining with Statera, we will empower our enterprise customers to transform and modernize their complete lead-to-revenue operations. With Navint’s deep advisory and ERP services combined with Statera’s extensive technical and Salesforce implementation capabilities, we can solve our enterprise clients’ most difficult lead-to-revenue challenges, ensure a seamless customer experience and power true digital transformation.
For more information on today’s news, please read the full press release here. We look forward to updating you as we continue on our journey to help recurring revenue companies drive growth and operational efficiency.