Servicesource

ServiceSource International, Inc. (NASDAQ: SREV) is the global leader in recurring revenue management. By leveraging big data to give companies a complete view of their customers, ServiceSource’s cloud application Renew OnDemand and managed services offerings drive higher subscription, maintenance, and support revenue, improved customer retention, and increased business predictability. By integrating cloud services, managed services and renewal-ready data, ServiceSource provides end-to-end management and optimization of the recurring revenue process, including data management, quoting, selling, and business intelligence. As of December 31, 2013, ServiceSource managed over 145 engagements across more than 70 customers, representing over $11 billion in recurring revenue opportunity under management. On average, ServiceSource customers increase renewal rates by 15 points and increase sales efficiency by 20%.

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