ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ServiceTitan Unlocks New Levels of Efficiency for Commercial Contractors with Launch of ServiceChannel Integration

New Integration Enhances Contractor Performance, Drives New Customer Leads and Increased Revenue

ServiceTitan, a leading software platform built to power the trades, today announced its end-to-end integration with ServiceChannel, the leading platform for the procurement and delivery of facilities service. The alignment directly connects ServiceTitan’s commercial service contractors with the platform of choice for the world’s largest retail, restaurant, grocery store, healthcare and convenience store chains to source and manage facilities services. This partnership empowers users on both platforms to enhance operational efficiency to deliver exceptional customer experiences and drive better business outcomes.

Generally available today following months of beta testing, the integration enables commercial service contractors to receive and complete ServiceChannel work orders directly in ServiceTitan, rather than manually entering information from one system into the other. With this integration, critical data and insights automatically integrate directly into both systems, allowing commercial service contractors to save time and ensure accuracy all within one platform.

ServiceTitan’s recent analysis of the commercial industry revealed that more than two-thirds (67%) of contractors aim to grow revenue in 2024. The same research found that most contractors’ revenue (51%) is driven by repeat customers, making it more critical than ever for commercial service businesses to provide high-quality service to reach their goals set for the year.

“The automatic transfer of work-order information greatly streamlined our workflow, saving us at least 5 hours a week in just the first 90 days,” said Shane Jaeger, President of Operations at Lawton. “The improved efficiency is no doubt a factor in improved performance scores and some 100 new inquiries for a $250,000 increase in revenue.”

“Our world relies on commercial service contractors to build and maintain our critical infrastructure, from retail centers and restaurants to grocery stores, healthcare facilities and everything in between,” says Alex Kablanian, General Manager of Commercial & Construction. “ServiceTitan is committed to providing commercial contracting businesses with the necessary tools to improve their operations, especially as they navigate market challenges, like labor shortages, supply costs and extended project lead times. With this partnership, we are confident our customers can more seamlessly manage workflows and focus their efforts on what matters most to them – doing excellent work for their customers, resulting in improved outcomes and greater success.”

Key benefits of ServiceChannel’s integration with ServiceTitan include:

  • Reduced Manual Processes: Complete work orders faster by booking, scheduling and performing work from one system while ensuring data is in sync, rather than having to copy information between systems.
  • Seamless Technician Check-In: Automatically track and manage technician check-ins to ensure efficient and accurate workflow management.
  • Faster Payments: Instantly send and have invoice details automatically mapped in ServiceChannel, saving time from referencing accounting data in multiple systems or generating numerous invoices.
  • Improved Customer Experience: Executing high-quality work more quickly improves the experience contractors deliver to their facilities and brand customers, resulting in more business.

“Integrating our platform and marketplace with ServiceTitan helps our customers feel confident that all work order details are attended to," says Sid Shetty, Chief Business Officer of ServiceChannel. “We are equally committed to helping shape the commercial services industry, and by addressing our provider's evolving challenges, we can continue to drive value for their businesses. This way, we also help raise the standards for customer service and enable contractors to meet the moment.”

To learn more about how to automate and streamline your workflows with ServiceTitan and ServiceChannel, visit this blog.

About ServiceTitan

ServiceTitan is a cloud-based software platform built to power trades businesses. The company’s end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, ServiceTitan is equipping tradespeople with the technology they need to keep the world running. ServiceTitan is backed by world-class investors including Battery Ventures, Bessemer Venture Partners, Coatue, CPP Investments, Dragoneer Investment Group, Durable Capital Partners LP, Generation Investment Management, ICONIQ Growth, Index Ventures, Sequoia Capital, Thoma Bravo, TPG, and T. Rowe Price.

About ServiceChannel

ServiceChannel brings peace of mind to facilities and store operations teams by ensuring that their locations offer the best possible guest and employee experience. Market leaders across industries partner with us to accelerate the performance of their business-critical assets. We make this possible through a SaaS platform that provides a single source of truth, a marketplace that connects businesses with top service providers, and professionally managed services. ServiceChannel is used daily by 500+ leading brands to manage more than 70,000 contractors at over 500,000 commercial locations in 66 countries. For more information, go to www.ServiceChannel.com.

© 2024 ServiceTitan, Inc. All rights reserved. ServiceTitan, the ServiceTitan logo, and all ServiceTitan product and service names mentioned herein are registered trademarks or unregistered trademarks of ServiceTitan, Inc., in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.