For service organizations of all types and sizes, selling services -- not just products -- often delivers significantly improved margins. Service contracts can ensure a recurring revenue stream for service organizations.

While managing contracts can be complex, Predix ServiceMax offers significant simplicity and flexibility. We allow organizations to define and manage a wide range of service plans that enable expansion into new markets, and increase service revenue and profits – all within a web and mobile solution. Implementing service contracts increases billable hours, makes the billing more accurate, and takes the customer experience to a new level. Service organizations can manage warranties/contracts and setup parts/labor/expenses pricing, and discounts at various levels.

Join Gaurav Verma (Senior Product Marketing Manager, ServiceMax) and Edward Wolf (Principal Solution Consultant) for a dive deeper into the ServiceMax contracts and entitlements capabilities and a live demo to know how service organizations can plug service revenue leakage, track profitability and generate incremental revenue.