Adcore Launches Proposaly.io in Closed Beta, Revolutionizing Sales Workflows for Businesses Worldwide
Rhea-AI Summary
Adcore Inc. (TSX:ADCO, OTCQX:ADCOF) has launched Proposaly.io, a new sales workflow platform, in closed beta. The platform integrates marketing presentations, proposal creation, legal agreements, online payments, and project updates into a single solution. Key features include faster deal closures, streamlined workflows, and professional proposal creation tools with customizable templates.
The platform aims to address inefficiencies in traditional sales processes by providing an automated, centralized solution. Adcore will showcase Proposaly's features in a webinar on January 15, 2025. The launch aligns with Adcore's strategy to enhance profitability through SaaS offerings and tap into the proposal management software market, projected to reach US$6.7 billion globally by 2032 with a 12.2% CAGR from 2023-2030.
Positive
- Entry into growing proposal management software market worth US$6.7B by 2032
- Expansion into high-margin SaaS business model
- Creation of cross-selling opportunities with existing services
- Market expansion beyond marketing technology into sales tech space
Negative
- Product still in closed beta phase, indicating early-stage development
- Significant development investment (nearly one year) before revenue generation
TORONTO, ON / ACCESSWIRE / December 18, 2024 / Adcore Inc. (the "Company" or "Adcore") (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ), a global leader in marketing technology empowering businesses to maximize their digital marketing potential with its innovative AI-powered platform ("Marketing Cloud"), is proud to announce the launch of Proposaly.io, a cutting-edge platform now available in closed beta. Proposaly is set to transform the way businesses secure sales and manage client relationships by streamlining the entire sales process into one centralized, automated solution. Adcore will host a webinar to showcase Proposaly's cutting edge features on January 15, 2025, 10:00 am Eastern Standard Time.
Proposaly.io Tackles the Number One Challenge for Businesses Worldwide: Securing Sales and Acquiring Clients
Traditional sales processes are often inefficient, requiring numerous manual touchpoints that slow deal closures and reduce win rates. Proposaly tackles these inefficiencies head-on by combining marketing presentations, proposal creation, legal agreements, online payments, and project updates into a single, seamless platform.
With Proposaly, businesses will be able to:
Close Deals Faster: Save time with streamlined workflows.
Close More Deals: Simplify the process to turn more opportunities into wins.
Increase Deal Size: Unlock higher revenue potential with integrated upgrades and tipping options.
Easily Create Professional Proposals: Fitting to businesses from all industries.
Deliver a Superior Client Experience: Enhance collaboration with interactive proposals, e-signatures, and automated follow-ups.
Proposaly offers a comprehensive library of customizable templates and user-friendly features, empowering individuals of all technical skill levels to effortlessly create and deliver polished, professional proposals. From crafting and sending proposals to securing client signatures and processing payments, Proposaly streamlines every step of the sales process, providing all the tools needed to close deals efficiently and effectively.
Omri Brill, Adcore CEO and Founder commented, "Proposaly.io represents the future of sales workflows. It's more than just a platform, it's a commitment to helping businesses win more clients with less effort. As we enter this closed beta stage, we're excited to see Proposaly in action and hear firsthand how it transforms the sales process for our clients. Proposaly's mission is simple: Your win is our mission." Mr. Brill continued, "We've been working on Proposaly for nearly a year, and this is the perfect opportunity to thank our dedicated team for their hard work and innovation. Proposaly is by far the most advanced project we've ever developed, and its launch represents a strategic move for Adcore. By tapping into the massive B2B market and stepping beyond marketing technology into the sales tech space, Proposaly positions Adcore as a leader in streamlining the entire sales process for businesses worldwide."
A Strategic Move for Adcore
The launch of Proposaly.io also aligns with Adcore's long-term growth strategy:
High Margins: Transitioning into SaaS enhances profitability.
Competitive Edge: Strengthens Adcore's position as a tech-driven innovator.
Cross-Selling Opportunities: Creates synergies with Adcore's existing effortless marketing services.
Market Expansion: Proposaly.io taps into a broader market of businesses needing sales workflow automation.
The proposal management software market in the United States is projected to be worth US
Adcore will host a webinar to showcase Proposaly's cutting edge technology and features. To register for the webinar please click here or visit: https://investors.adcore.com/proposaly.
ABOUT ADCORE
Adcore is a leading AI-powered marketing technology company.
By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner.
Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.
For more information about Adcore, please visit https://www.adcore.com/investors/, https://www.adcore.com/blog or follow us on LinkedIn.
FORWARD-LOOKING STATEMENTS
This press release contains or may contain certain forward-looking statements, including statements about the Company. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Footnote
(1) https://www.marketresearchintellect.com/product/global-proposal-software-market-size-and-forecast/
For further information please contact:
ADCORE INC.
https://www.adcore.com/investors/
Nick Campbell, CFA | Martijn van den Bemd |
SOURCE: Adcore Inc.
View the original press release on accesswire.com
FAQ
When will Proposaly.io launch for Adcore (ADCOF) and what is its current status?
What is the market potential for Proposaly.io and ADCOF in the proposal management sector?
How does Proposaly.io integrate with Adcore's (ADCOF) existing business model?
What are the key features of ADCOF's new Proposaly.io platform?
