Remove Churn Remove Incentives Remove Sales Operations Remove Tools
article thumbnail

Compensation Transformation: 7 Tips for 2024 Sales Comp Planning

The Spiff Blog

Metrics to prioritize may include: Renewal rate Upsell rate Churn rate Average deal size Average contract value increase Products sold per customer Customer lifetime value Of course, an effective sales compensation transformation doesn’t mean shifting completely from new business to a retention-driven approach.

article thumbnail

SaaS sales: How to sell annual contracts [phone scripts and email templates]

Close.io

But you as a SaaS business want to sign them up for annual deals when possible since that's going to increase cashflow and predictability and decrease your churn. Because you want to understand churn first and see how long people stick around by choice. In their MRR churn study, Price Intelligently found that SaaS companies.

Churn 77
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Right Way to Build Your First RevOps Team

The Spiff Blog

But as your customers, head count, and company scaled, so too did the mishmash of tools and spreadsheets, disorganized documents, and scrambled data. Growing businesses lose 20-30% of their revenue to operational inefficiencies every year ( source ). Today we’re giving you the tools you need to get started.

Hiring 52
article thumbnail

2023 Sales Comp Planning: A Conversation with The Alexander Group

The Spiff Blog

Companies with high churn aren’t sustainable.”. But, a larger team with a dedicated tool or commission software is likely able to handle plans requiring more flexibility. The platform enables finance and sales operations teams to self-manage complex incentive compensation plans and provides transparency for sales teams.

Groups 67
article thumbnail

Top 10 Best Enterprise CRM solutions for 2021

Sales Hacker

Each has its unique benefits that might make it the right enterprise tool for your business. If you’re familiar with what a CRM is already, then you intuitively know that an enterprise CRM is basically a CRM solution tailored to larger (enterprise-level) companies with complex processes and large sales teams. Sales enablement.

article thumbnail

ASC 606 Compliance: Choosing a Commission Expensing Solution

The Spiff Blog

Gone are the days when commission, bonuses, and incentive pay were accounted for as direct expenses. In today’s blog post we take a look at the four most popular tools organizations use for commission expensing and the functional requirements you should look for when comparing your options. Think about it.

article thumbnail

The only kick-ass guide to sales operations you'll ever need

Close.io

A sales operations team can change that. If you want to make sure your sales team is firing on all cylinders and making as much money for your company as possible, you need sales ops. Don't fall into the trap of thinking that sales operations is a new field; it's not. 5 best software and tools for sales ops.