Conga Wins Ventana Research Digital Innovation Award

First-of-its-kind Conga Revenue Lifecycle Cloud honored as Office of Revenue winner

BROOMFIELD, COLO. – MAY 22, 2023 – Conga, the global leader in Revenue Lifecycle Management, today announced it has been named a winner in the Ventana Research 16th annual Digital Innovation Awards in the Office of Revenue category. The Digital Innovation Awards recognize trailblazing vendors that contribute advancements in technology, drive change, and increase value for organizations worldwide, backed by market research and analyst expertise across business and IT.

The Office of Revenue award honors a technology vendor that best exemplifies innovation in the application or technologies that support the revenue organization. Conga was honored for the recent launch of Conga Revenue Lifecycle Cloud, a first-of-its-kind cloud platform that supports the complexities of revenue management, leading to improved efficiency and certainty for businesses to drive, configure, price, quote, contract, negotiate, manage, collect, and renew revenue.

“Businesses continuously seek new ways to automate their revenue-generating processes to improve efficiency and accuracy while simplifying the customer experience from beginning to end,” said Stephen Hurrell, VP & Research Director in the Office of Revenue at Ventana Research. “Conga’s innovative, end-to-end Conga Revenue Lifecycle Cloud unifies, automates, and standardizes revenue processes for organizations to maximize customer lifetime value, making it a worthy winner for the Office of Revenue in the 2023 Ventana Research Digital Innovation Awards.”

Conga Revenue Lifecycle Cloud addresses organizations’ unique complexities while delivering seamless customer interactions and greater certainty across every touchpoint to drive the revenue predictability companies seek. The cloud platform is the only solution capable of complex transactions with industry-leading performance and scale. Conga offers a single system-of-record offering a unified source of truth to drive intelligence throughout revenue processes for businesses, with a platform that is open, and designed to run on any cloud infrastructure provider.

“It's an honor to be recognized as a winner by Ventana Research for our commitment to delivering increased revenue efficiency and predictability for our customers,” said Noel Goggin, CEO and Culture Leader at Conga. “Conga prides itself on designing innovative solutions to help enterprises achieve operational excellence to deliver a seamless end-to-end customer experience. This honor is a testament to the dedication of our teams to build the best-of-breed capabilities that modern-day companies need to proactively manage their revenue lifecycle.”

As part of the scoring process and methodology for the Digital Innovation Awards, Ventana Research analysts examine submissions not just for the innovative technology approach, but also how it applies to people, processes, information, and technology, the best practices it supports, the degree of team involvement and the technologies, business impact, and value. Award winners were selected based on their technology and the extent to which they help organizations innovate or enhance the productivity and outcomes of their business or IT processes.

To learn more about Conga Revenue Lifecycle Cloud, visit https://conga.com/conga-revenue-lifecycle-cloud.

About Conga

Conga crushes complexity in an increasingly complex world. With our Revenue Lifecycle Management solution, we transform each company's unique complexities for order configuration, execution, fulfillment, and contract renewal processes with a unified data model that adapts to ever-changing business requirements and aligns the understanding and efforts of every team. Our approach is grounded in the Conga Way, a framework of entrepreneurial spirit and achieving together to champion our 11,000+ customers. We’re committed to our customers and to removing complexity in an increasingly complex world. Our solutions quickly adapt to changing business models so you can normalize your revenue management processes.

Conga has global operations across North America, Europe, and Asia. Learn more at conga.com or follow Conga on Twitter: @congahq.

About Ventana Research

Ventana Research is the most authoritative and respected market research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops, and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information, and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost, and risk.

Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research’s insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, and LinkedIn. To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education, and advisory services, visit www.ventanaresearch.com.