Video
|
36
 minutes
Nearbound Sales #7: They Win, You Win
Article
|
3
 minutes
Nearbound Daily #024: Partnerships are your greatest resource
Video
|
43
 minutes
Nearbound Podcast #103: Think Customer Outcomes or Die - Raja Nucho on Surrounding the Sale with Partners
Article
|
7
 minutes
You Only Get One Shot At A First Impression: How To Ace Partner Onboarding
Article
|
2
 minutes
Nearbound Daily #023: Don't swim against the current
Video
|
23
 minutes
Howdy Partners #25: What is the 'SaaS Buying River'
Article
|
5
 minutes
What are ecosystem leads and how to find them
Video
|
22
 minutes
Nearbound Sales#6: Sell Together, Sell More
Article
|
6
 minutes
The partner experience weekly: Should partnerops role up to revops?
Article
|
2
 minutes
Nearbound Daily #020: GTM is about to get wild
Video
|
54
 minutes
Nearbound Podcast #102: War Stories with Legends
Video
|
31
 minutes
Nearbound Marketing #20: Creators Are Your Cheat Code
Article
|
3
 minutes
Women in SaaS Partnerships Are (Probably) Underpaid
Video
|
27
 minutes
Nearbound Sales #5: Unlock Unstoppable Momentum and Build a Flywheel
Article
|
11
 minutes
The Partner Experience Weekly: Account Mapping - 9-Box Strategic Plan
Video
|
42
 minutes
Nearbound Podcast #101: From Seller to VP Sales to CEO — How to Partner Pill Your Sales Org
Article
|
16
 minutes
How to earn the respect of your sales team in 60 Days
Article
|
12
 minutes
Building an Ecosystem Cluster Strategic Co-Sell Program
Article
|
2
 minutes
Nearbound Weekend 03/04: How can we save B2B?
Video
|
46
 minutes
Nearbound Marketing #4: Evangelism Leads Where?
Article
|
5
 minutes
The Ecosystem-Led Growth Race Between the US and Europe: Who’s Winning?
Video
|
23
 minutes
Howdy Partners #24: How to Make Partner Enablement Actually Engaging
Video
|
25
 minutes
Nearbound Sales #4: The Dark Side of Working with Partners
Article
|
8
 minutes
The Partner Experience Weekly: Building CRM for Partnerships
Video
|
150
 minutes
Nearbound Podcast #100: From Scorpions and Casinos to Hubspot and PartnerHacker
Article
|
6
 minutes
8 SaaS Leaders You Should Follow: Partnerships Edition
Video
|
41
 minutes
Nearbound Marketing #3: How to Use Events to Drive Your Marketing
Article
|
16
 minutes
Unlocking the Power of Partnerships with Martin Scholz of PartnerXperience
Article
|
27
 minutes
Howdy Partners #22: Developing Your Ideal Partner Profile
Article
|
7
 minutes
Getting Started with Ecosystem-Led Growth: Your First 3 Plays
Article
|
8
 minutes
The Partner Experience Weekly: Salesforce List Views for Partnerships
Video
|
40
 minutes
Nearbound Marketing #2: Building a Brand with Zero Network
Video
|
3
 minutes
Leveraging Nearbound Data in HubSpot
Article
|
11
 minutes
Your 2023 Interview Kit For Landing Your Next Partnerships Role
Article
|
1
 minutes
Filling the Critical Gap: How to Become Every Technology Platform's Favorite Partner
Article
|
9
 minutes
The Partner Experience Weekly: Building a Partnership App in Salesforce CRM
Video
|
42
 minutes
Nearbound Marketing #1: Market Like a Journalist
Article
|
5
 minutes
5 Reasons to Attend Supernode 2023
Article
|
27
 minutes
Howdy Partners #19: Approaching Agency Partnerships
Video
|
38
 minutes
Nearbound Sales #1: 1 + 1 = 1
Article
|
8
 minutes
The Partner Experience Weekly: Partner Recruitment in Salesforce (with screenshots)
Article
|
6
 minutes
The Most Common Partnership KPIs and Quarterly Targets for 2023
Article
|
6
 minutes
7 Ways to Sabotage Your Partner Ecosystem: A Guide for Partner Managers
Article
|
7
 minutes
How to build a B2B affiliate program in seven steps
Article
|
5
 minutes
Top tips for managing a successful B2B partnership
Article
|
1
 minutes
nearbound.com CEO Jared Fuller Wins 2023 SaaSy Sales Leadership Award
Article
|
8
 minutes
A Career in Partnerships Could Help You Make More Money Faster
Article
|
32
 minutes
Howdy Partners #17: Living in the Ecosystem
Article
|
5
 minutes
HubSpot Ecosystem Set to Reach $17.9 Billion in Revenue by 2025
Article
|
12
 minutes
nearbound.com principles: show me you know me — Samantha McKenna
Article
|
12
 minutes
Partnerships 101: What Is Ecosystem-Led Growth?
Article
|
25
 minutes
Howdy Partners #15: Your Partner Team Tech Stack
Article
|
2
 minutes
Five Soft Skills You Need as a Partnerships Leader
Video
|
48
 minutes
Nearbound Podcast #091: Going-To-Market through Community with Kathleen Booth
Article
|
7
 minutes
The Four Main Sales Pain Points From 2022 and How To Beat Them
Article
|
8
 minutes
Meet the Startup Choosing Ecosystem-Led Growth Over Direct Sales
Article
|
10
 minutes
Partnership Success Checklist: How to Start the Year Strong
Article
|
8
 minutes
Sunday Stories: The Unseen Cost of Not Integrating
Article
|
29
 minutes
Howdy Partners #11: Revenue Generating Activities
Video
|
43
 minutes
Nearbound Podcast #088: Building Partner Relationships, A CrossPod Takeover with Ecosystem Aces
Video
|
47
 minutes
Nearbound Podcast #087: Ecosystems Expansion and Enablement: The How Behind Growth and Partner Engagement
Article
|
2
 minutes
Driving Deals Faster: A Nearbound GTM Strategy Amplifies Revenue
Video
|
3
 minutes
Andreessen Horowitz’s Sarah Wang: The best performing companies are prioritizing partnerships | Supernode 2022
Article
|
5
 minutes
IRL Partnerships and Ecosystem Conferences to Attend in 2023
Article
|
7
 minutes
Introduction to Partner Manager
Article
|
2
 minutes
The Secret to Partner Retention: Treating your Partners Like Customers
Video
|
47
 minutes
Nearbound Podcast #085: Integrating Partnerships Into Products: A Crosspod Takeover with Mark Brigman
Article
|
10
 minutes
Partners Contribute to 58% of the Revenue of Top Performers (And 5 Other Sales Stats)
eBook
Foreword of the Nearbound and the Rise of the Who Economy Book
Article
|
3
 minutes
Getting Your Frogs Out of the Pot to Incubate Packaged Ecosystem IP
Article
|
5
 minutes
4 Parts of the Sales Cycle Where Partnerships Can Help
Video
|
5
 minutes
Building Your Dream ELG Tech Stack
Article
|
 minutes
ELG Insider Daily #695: Connected selling = connected customers
Video
|
40
 minutes
Nearbound Podcast #083: Building Partnerships from the Ground-up
Article
|
18
 minutes
Four Tips for Launching a 30-60-90 Day Enablement Program for Your New Sales Hires
Article
|
4
 minutes
The Secret to a Successful Second Sales Call: Involving a Partner
Article
|
5
 minutes
How Sales Teams Leverage Their Ecosystems to Enter Every Deal With Confidence
Article
|
4
 minutes
First Friday: Partner Success Maturity Model
Article
|
4
 minutes
Hunting for Leverage Points in Partnerships
Video
|
27
 minutes
Howdy Partners #75: Prioritizing Operations or Relationships? Striking the Balance in Partnerships with Coriena Hipple Merejo
Article
|
4
 minutes
The Direct vs Partner-Led Dilemma
Article
|
7
 minutes
How to Win Over Your Strategic Partner’s Customer Success Team Right Away
Article
|
 minutes
How to Build a Partner Program From the Ground Up
Article
|
9
 minutes
Want To Up Your Integration Game? Adopt A Product Mindset.
Article
|
6
 minutes
Building a Partnership Program That Works - with Donagh Kiernan
Video
|
20
 minutes
The Inside Track: Top Partnership Plays from Chris Lavoie at Gorgias
Article
|
5
 minutes
Your Services Partners Can Help Close the “Impossible” Deal (And Make Your Customers Happier)
Article
|
8
 minutes
Why Co-innovation Between Tech Partners Is So Hard
Article
|
6
 minutes
Sharing Partner Data Used To Be Scary. These New Best Practices Can Help
Article
|
1
 minutes
WorkSpan Raises $30M Series C
Video
|
22
 minutes
School of Partnerships - Recordings
Article
|
5
 minutes
Using Composable Ecosystem Management To Break Down Market Silos
Article
|
1
 minutes
Nearbound Daily #010: Creator economy in B2B
Article
|
24
 minutes
3 Companies on Building Their First Partnerships Team (And Hiring From Within)
Video
|
25
 minutes
Howdy Partners #37: Conference Strategy
Video
|
18
 minutes
Howdy Partners #28: Positioning With Your Partners is More Important Than Working On Your Co-Sell Pitch
Article
|
11
 minutes
The 5 Phases of Co-selling for Rolling Out Your New Tech Partnership
Article
|
6
 minutes
18 Partnerships People You Should Follow On LinkedIn In 2022
Article
|
4
 minutes
The Power In GoToEco Bundles
Article
|
15
 minutes
Tech Ecosystem Maturity: Are You Influencing Your Company’s Product/Feature Roadmap?
ELG Success Stories
How Kolleno Reduced Their Time to Close by 50% with Ecosystem-Led Growth
by
Andrea Vallejo
SHARE THIS

Learn how Kolleno reduced time to close by 50% using Ecosystem-Led Growth, leveraging partner intel, intros, and ecosystem data for faster, larger, and more meaningful deals.

by
Andrea Vallejo
SHARE THIS

In this article

Join the movement

Subscribe to ELG Insider to get the latest content delivered to your inbox weekly.

Kolleno, the accounts receivable management software company, wanted to build a partner program to increase brand awareness, opportunities and decrease deals’ time to close.  

To achieve that goal, Irina Anichshuk, now COO and Head of Partnerships, decided to use Reveal in tandem with an Ecosystem-Led Growth strategy and partner intel. After 15 months, here’s what Irina’s team started to notice: 

  • When the sales and partnership teams tapped into ecosystem data and partner intel, they accelerated the deal progress from qualification to discovery, cutting up to 3 hours of prep time per discovery call.
  • When the sales team involved a partner in the qualification and prioritization process the deal could increase its size by 30% to 40%.
  • When the sales team leveraged ecosystem data, in tandem with partner intel, influence, and intros, the deal closed 50% faster.
  • Deals that came from customer referrals had a closing rate 4x the rate of other deals.
  • Read on to learn how Kolleno’s partnership and sales teams are leveraging ecosystem data, partner intel, influence, and intros to accelerate deals, and access their strategy to get buy-in from their sales team. 

How Kolleno is accelerating deals with ELG

To achieve her company’s goal for the partnerships team, Irina knew she had to rely on the power of Kolleno’s ecosystem, but the main problem she faced was that some of her partners weren’t as committed or involved as she needed them to be. 

So the first action she and her team took was to establish an Ideal Partner Profile, primarily based on the account and customer persona overlap they could see on Reveal. 

“That ecosystem data let us identify if they were a good partner for us, and gave us a good jumping off point, so we could see who we should speak to,” says Irina. “If there’s a huge persona overlap, it’s more likely that it’s going to be a successful partnership.”

Once they identified their ideal partner, they immediately started thinking about:

  • The partner activation process
  • Their expectations for the partner
  • The value they could bring to their partner
  • The top accounts they would like to “have access to” — meaning the ones they need help with 
  • The partner signals their prospects have
  • “What Reveal, now Crossbeam, allows us to have a bird’s eye view of the top accounts from our side, share them with our sales team, and explain to them which of our prospects have overlap with our partners,” says Irina. “If our prospects are already using five of our partners that we have on [the network], that is a huge signal — this means they are using software that complements ours, and that they might be open to purchasing ours.” 

By implementing an Ecosystem-Led Growth strategy, the partnerships team could leverage partner signals to qualify prospects before their sales team asked for an intro to their partners. 

An example of an ELG sales play

Kolleno’s deal acceleration strategy is not only about requesting intros — it’s about building a customer experience based on partner intel, influence, and ecosystem data. 

One of their strategies included a dinner with a top prospective account [Company A] thanks to the support, analysis, and intro from one of their ERP Implementation Consultant partners. Kolleno leveraged this opportunity to have some face time, build a relationship, and evaluate whether or not the account was a good fit. 

A couple of months later, Company A popped up on Reveal, and Irina discovered that their tech stack included all of Kolleno’s partners. 

The first question Irina asked herself was ‘how can we fit in that equation?’

Before answering that question and creating a strategy, she knew she needed more intel, so her next step was to meet with her partners (who had Company A as a customer) and ask them questions like

  • How is Company A leveraging your platform?
  • What is their objective?
  • What’s their opinion of your platform?
  • How long have they been your customers?

All of these questions were just to confirm what she could see in her 1:1 account mapping with her partner — just in case they didn’t keep their CRM clean. 

“Sometimes partners forget to update their CRM data,” says Irina. “You end up asking yourself if the account you’re looking for is actually your partner’s client or did they just forget to mark them as churned.”

The intel she got was that Company A: 

  • Used several of Kolleno’s AP partners in a very distinctive manner, not in spend management, procurement, invoice payment, or even bulk payment use cases. 
  • Leveraged an employer of record tool, which fortunately was about to be Kolleno’s partner.
  • Used the same ERP who introduced them some months ago. 

Equipped with all the insights, Irina drafted a better together story and set up Kolleno as a good fit for Company A. Thanks to that, Company A booked a discovery call. 

During the call, instead of just sitting and asking things related to Company A’s objectives, the number of invoices issued per month, or even the ERP they were using, Irina could directly address their pain points and how Kolleno fit in their tech stack equation. 

“Partner signals and intel can save you up to three hours of work,” says Irina. “With Ecosystem data you don’t have to prepare that much to understand what company you are talking to, or even work that account from the marketing or outbound perspective to get that discovery call. 

After the discovery call ended, the deal progressed more quickly because of all the intel their partners shared with Irina. 

“Besides the intel we had, our AP partners, which we have a good relationship with, made a little bit of their magic happen by mentioning us in the conversations they had with our prospect,” says Irina. 

“Mentioning that we were a really good partner, that they liked working with us, and mentioning that we already have several successful common customers really helped us to accelerate the deal process and trust in that process a lot more. 

The result of leveraging ecosystem data, at the right time, and involving the right stakeholders resulted in a deal won in 30 days (versus a 60-day close time without partners). 

Getting buy-in for an ELG strategy

That deal was a big win for partnerships, and an excellent example of how easy it is to accelerate deals when sales teams attach a partner to it. However, it wasn't always a walk in the park. 

“It took me a couple of months to get the sales team to understand this,” says Irina. “I think they only hopped on board when they saw more and more referrals coming their way, and they started to have discovery calls with a partner involved.”

To get buy-in from her sales team, Irina proved that having the technographic intel of your prospect is key for avoiding cold emails. 

She used examples like this one: 

You’re a member of Partnership Leaders, and they send you an email on how Company B and Partnership Leaders just launched a partnership. 

Those communications around that partnership should include the joint value proposition, how that value proposition helps you reach your goals, and the perks you have as a member of Partnership Leaders. 

This email is not cold, because it includes a company that you already trust, Partnership Leaders. 

In this case you’re more likely to open the email and dedicate 15 minutes to what they have to say. 

This type of example proved that when her sales teams leveraged the ecosystem data they had in hand, and the trust their prospects have on their partners, they can close deals faster.  

A final thought

Kolleno's success in cutting their time to close by 50% highlights the power of an ELG strategy. 

By leveraging ecosystem data, partner intel, and strong partnerships, Irina and her team transformed their sales approach. Instead of cold outreach, they’ve built a process that integrates partners into every stage, resulting in faster deals, larger pipelines, and more meaningful customer interactions.  

This strategy didn’t just happen overnight—it took careful planning, collaboration, and a shift in mindset, proving that when done right, partnerships can be a game-changer for growth.

Use cases
  • Accelerating deal closure
  • Drafting a joint value proposition 
  • Getting intel, influence, and intros to their partners customers who are their prospects
Kolleno’s Ecosystem Profile

Company size: 51 - 200 employees

Partnership team size: 3+

Partners: +20

Customer since: 2023

Stats
  • 3 hours of saved work per discovery call
  • 50% decrease in time to close with partners involved
  • 4x closing rate when a customer comes from a referral
  • 30-40% larger deals in pipeline with partner involvement 

You’ll also be interested in these

Article
|
8
 minutes
When Sales and Partnerships Partner Up
Article
|
8
 minutes
Article
|
8
 minutes