US based Vendavo, one of the global market leaders in B2B price management and commercial excellence solutions, has acquired cloud rebate and channel management solution provider, US headquartered Market Medium. The acquisition significantly accelerates Vendavo’s roadmap to enable manufacturing and distribution organizations as they optimize revenue growth and profitability.
The addition of Market Medium brings deeper and more robust channel incentive management capabilities to Vendavo’s market-leading price optimization and CPQ solutions that will empower customers to maximize their revenue and profitability through intelligent supplier programs, pricing, sales intelligence, sales quoting and agreements, and channel revenue management.
“For more than two decades, we’ve been empowering enterprise B2B companies to unlock commercial growth and profitability,” said Bruno Slosse, President and Chief Executive of Vendavo. “The breakthrough combination of Vendavo and Market Medium sets a new standard for price and channel management solutions and provides our customers with key new capabilities in managing commercial excellence and unlocking profitability.”
“Managing and optimizing channel management programs can be complex. Over the years, the team at Market Medium has taken strides to help our customers simplify through innovation, automation, and channel integration,” said Saravanan Krishnakumar, Co-Founder of Market Medium. “Joining forces with Vendavo is a transformative step in our pursuit of partner experience excellence. We look forward to continuing to streamline rebate and pricing processes between suppliers, distributors, and retailers as part of the Vendavo family.”
