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What is Renewtrak?

Renewtrak functions as a comprehensive automation solution tailored to connect the global tech landscape, significantly improving the dynamics of the renewals and subscription economy. Our platform equips businesses with the tools to effectively oversee their recurring revenue streams while simplifying the quoting process via complex distribution networks, enabling them to present customized and pertinent renewal options for an array of licenses, support, maintenance, and annuity contracts. By automating renewal reminders, we assist teams in conserving precious time while guaranteeing that every account receives attention, leading to higher renewal rates. This renewal process can also be utilized as a pivotal opportunity to strengthen relationships with existing customers. Our system allows clients to investigate options, utilize self-checkout, and complete transactions effortlessly, thereby speeding up the quote-to-cash cycle. Renewtrak introduces a consumer-like digital purchasing experience commonly found in B2C contexts into the B2B realm, not only facilitating renewals but also promoting customer growth. The automation of repetitive tasks enables your team to focus on more impactful initiatives. In addition, our dashboard features AI-generated renewal likelihood scores, which deliver instant insights into performance metrics in real-time. This fusion of automation and data analysis empowers businesses to make strategic decisions while elevating customer engagement throughout the renewal journey, ultimately leading to sustained success and improved client satisfaction.

What is Checklens?

Smart cameras in retail spaces enhance the checkout process for customers. By leveraging our cutting-edge AI technology, products are recognized as shoppers select them from the shelves, allowing for seamless synchronization between customer scans and product identifications. This pioneering approach corrects any errors or omissions in scans, whether they occur on mobile devices with scan-and-go functionalities or at traditional checkout counters. While self-checkout kiosks are designed to offer convenience, many customers find the barcode scanning daunting and challenging. Factors such as the hectic nature of busy stores and intentional fraud attempts contribute to inaccuracies in scanning. Our research reveals that these scan mistakes can significantly increase store losses, leading to an alarming 50% surge in shrinkage rates. Furthermore, we have noticed that as self-checkout solutions become more widely used, the incidents of store shrinkage also tend to rise. With the integration of our intelligent cameras, retailers can effectively tackle scanning issues at self-checkout stations while preserving accurate inventory counts. If a customer forgets to scan or input an item, our AI system prompts them to correct their basket and notifies store employees simultaneously. This innovative approach not only improves the checkout experience but also plays a crucial role in curbing financial losses for retailers, ultimately fostering a more efficient shopping environment. In doing so, it empowers stores to maintain their profitability while enhancing customer satisfaction.

Media

Media

Integrations Supported

Google Sheets
Microsoft Dynamics 365
Microsoft Excel
Salesforce
Stripe

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

Renewtrak

Date Founded

2016

Company Location

Australia

Company Website

www.renewtrak.com

Company Facts

Organization Name

Checklens

Date Founded

2018

Company Location

Austria

Company Website

checklens.ai/

Categories and Features

Churn Prevention

Not specified

CPQ

Not specified

Customer Retention

Not specified

Quote-to-Cash

Not specified

Categories and Features

Retail Execution

Not specified

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