The Spiff Blog

JANUARY 25, 2022

What started as a manageable headache is now causing your organization to leak revenue— especially as you add more products, territories, and go-to-market strategies into the mix. In 2021, organizations used an average of 100 different software applications ( source ). Guess what? You’re not alone. About Spiff.

Hiring 52

Hiring Scale Top of Funnel Funnel 52

Sales Hacker

OCTOBER 10, 2019

Any change to the business — whether its a simple change to your product’s pricing or packaging, or an acquisition requiring the integration of new CRM data with your existing data — means your system needs to be adapted. The concept of an order is usually brushed aside in the software industry and reserved for brick and mortar businesses.

Government 58

Government SalesForce Objections Lead Rank 58

Hubspot Sales

SEPTEMBER 8, 2020

You’ve decided you need customer relationship management (CRM) software. An empty CRM is like an empty water glass: Falling short of its full potential. Importance of CRM Adoption. There are many reasons why you should be using a CRM including greater productivity, insights, efficiency, collaboration, and more.

Software 122

Software Software CRM Hiring 122

Growbots

SEPTEMBER 19, 2018

Not only do they want to close that big sale for the benefit of the company – but also to win that commission. Changing your compensation structure or rezoning your territories should only be done with extreme caution. Most salespeople are driven by financial incentives. READ Should You Let Your Team Work Remotely?

Compensation 55

Compensation Salary Incentives Incentive 55

Chorus.ai

MARCH 5, 2021

By the end of a successful persona build, you should have a very clear picture of your ideal customer(s): their ages, lifestyle attributes, territories, and pain points. Make clear to your teams how quotas will work and what type of commission scheme you plan to use. Start with your customer relationship management (CRM) software.

Top of Funnel 113

Top of Funnel Webinar Metrics Strategy Buyer Persona 113

Nutshell

MAY 29, 2018

In order to reap those benefits, you have to correctly implement your sales process within your CRM software and invest the proper resources to get your sales reps following it on a daily basis. PART 1: How to automate a sales process in your CRM. The first thing you’ll need to do is enter those stages as a pipeline in your CRM.

Sales Process 82

Sales Process Top of Funnel How To Pipeline 82

The Spiff Blog

FEBRUARY 15, 2022

But if you use Excel for commission operations, you’re actually a programmer. However, unlike a typical software engineer, most people patching together complex formulas in Excel don’t actually realize they’re programmers. Dive into that rabbit hole, here: Why Your Commission Spreadsheet will Fail You at Scale.).

Commission 53

Commission Scale Software Software 53

OpenSymmetry

MARCH 25, 2015

There are a number of key aspects that are evolving in the SPM world, making operations and processes more efficient: Stand-alone Territory & Quota Management Modules are now being incorporated into systems. It is also important to note the expansion capabilities that go beyond just the ICM/SPM/CRM integration.

Compensation 40

Compensation Cost Per Thousand Territories Forecasting 40

The Spiff Blog

MAY 18, 2023

For decades, perhaps longer, organizations of all sizes have struggled to effectively manage sales commission. Commission management is a universal thorn in the side of finance organizations, RevOps teams , and commissioned employees across organizations everywhere. Let’s get into it!

Commission 73

Commission Scale Compensation Hiring 73

The Spiff Blog

MAY 26, 2022

So, you’ve realized commission spreadsheets are actually evil, and that sales incentive software will vastly improve transparency, efficiency, and your personal sanity. There’s no shortage of sales commission software on the market, and when you factor in the massive operational differences, it’s a recipe for information overload.

Incentives 77

Incentives Incentive Software Software 77

Customer Centric Selling

MARCH 4, 2016

Decades ago, while selling clients their first business computer systems, I learned a valuable lesson: Software is only as good as the data that’s entered. Implementing software within sales organizations such as a Customer Relationship Management (CRM) system is a significant undertaking ( What is CRM?

Top of Funnel 40

Top of Funnel CRM Sales Cycle Software 40

Apptivo

JUNE 14, 2023

Why is a CRM sales report essential for business? How to Create Sales Reports in a CRM like Apptivo? The Sales Reports function in a Customer Relationship Management (CRM) system is a strong tool that provides firms with useful insights. What is a sales report? What are the different types of sales reports in Apptivo?

Report 52

Report CRM Churn Top of Funnel 52

SugarCRM

MAY 2, 2019

Use Your CRM to Improve Sales Funnel Visibility. By tracking the customer’s progress, a well-designed CRM can dramatically improve the overall visibility into your sales funnel. When it comes to their customer and prospect data, sales teams can be pretty territorial. Refine Your CRM. What is CRM?

Resources 24

Resources Top of Funnel Face-to-face Hiring 24

Chorus.ai

SEPTEMBER 12, 2019

By the end of a successful persona build, you should have a very clear picture of your buyers: their ages, lifestyle attributes, territories, and pain points. Make clear to your teams how quotas will work and what type of commission plan you will use. Start with your customer relationship management (CRM) software.

Ideal Customer Profile 62

Ideal Customer Profile Top of Funnel Webinar Metrics Strategy 62

Hubspot Sales

NOVEMBER 4, 2019

For sales reps, a client management software or customer relationship management system ( CRM ) can do the trick. CRM is a software that manages all your relationships with clients and potential customers. That's why CRM software is important for your sales team. HubSpot CRM. Price: Free+.

Software 104

Software Software Lead Rank Lead Scoring 104

Apptivo

OCTOBER 7, 2022

To measure the effectiveness of the sales process, organizations must determine the technologies they will employ like CRM software & Sales Analytic software. Each role’s performance should be evaluated using specific KPIs, which should also be part of the sales plan. Implement sales tools. Set sales budget.

Top of Funnel 19

Top of Funnel Incentives Incentive Objections 19

The Brooks Group

FEBRUARY 8, 2013

Lenati’s solutions for sales strategy and design, segmentation, account planning, field enablement, partner channel development and sales measurement have been deployed at leading technology, software, and telecomm companies including Adobe, Google, T-Mobile, WebTrends and many more.

WebTrends 40

WebTrends Ideal Customer Profile Insurance Insurance 40

Accent Technologies

NOVEMBER 10, 2018

Many sales reps are apprehensive about learning and using a CRM, and some organizations are therefore reluctant to invest in a platform that their reps “won’t use.”. A lot of CRM apprehension stems from misunderstandings. Some reps misunderstand the purpose of CRMs, and others fear that a CRM will be too difficult for them to use.

CRM 55

CRM ROI Commission Vendor 55

The Spiff Blog

JUNE 9, 2022

Missing details from CRM entries. Sales commission and pay. Territories and account ownership. Making significant territory changes. Spiff is a new class of software that creates trust across organizations by delivering real-time automation of commission calculations and motivates teams to drive top-line growth.

Hiring 75

Hiring Commission Compensation Incentives 75

SalesLoft

JUNE 20, 2019

You gave me this territory that’s been burned to the ground, there’s no way these clients are going to buy from us if I don’t repair some of this trust that’s been fractured here. If you’re just in there for a commission check, people can sense that. But I pushed back. THERE’S A LOT MORE AFTER THIS!

Hiring 63

Hiring Up-Sell Call-back Construction 63

Hubspot Sales

AUGUST 13, 2018

A CRM : Reps need a database for tracking opportunities to give you accurate close predictions. If you implement a four-month clawback on commissions, for example, revenue will decrease because your reps will only sell to best-fit prospects. Accountability: When a salesperson misses their forecast, do you follow up to figure out why?

Sales Forecasts 130

Sales Forecasts Forecasting Hiring Lead Rank 130

Cincom Smart Selling

NOVEMBER 7, 2016

Updated my territory map, marking each customer location and products installed. Not one commission dollar would be paid for all that activity. Organized contact files – CRM is an app that resides in a central location with certain data and functionality distributed to a mobile platform. Yep, it was a busy day!

Tools 54

Tools Collateral Territories How To 54

Sales Hacker

APRIL 21, 2021

“It looked like being the pain in the butt BDR who asked way too many questions, broke anything that could possibly be broken, and paid for my own subscriptions to software just because I wanted to tinker with things before I had to bother asking for approval and budget.”. Why is RevOps generating so much buzz?

Salary 100

Salary NetSuite Scale Lead Rank 100

Hubspot Sales

JANUARY 3, 2018

It should also dive into the details of the sales organization: How the sales function is split (if applicable), who leads each team, which targets each team is held to, how territories are assigned, where to go with questions and requests, and so on. CRM tips: If you want uniform CRM usage, everyone needs to know the expectations.

Ideal Customer Profile 121

Ideal Customer Profile Buyer Persona Guidelines Lead Rank 121

PandaDoc

APRIL 3, 2023

Improve sales process efficiency Improve the speed and security of your docs with PandaDoc’s seamless electronic signature software. Improved client relationships While inside sales teams would typically use dedicated CRM software , outside salespeople still do plenty of customer relationship management without relying on technology.

Outside Sales 52

Outside Sales Inside Sales Scale Lead Rank 52

Close.io

AUGUST 11, 2019

5 best software and tools for sales ops. This includes generating leads, outlining sales territories, setting up incentive programs, managing sales analytics, and more. This team can do things like creating sales territories, structuring pay plans, monitoring analytics, developing sales strategies, and a whole lot more.

Sales Operations 91

Sales Operations Hiring Top of Funnel Lead Rank 91

Pointclear

JUNE 15, 2018

Tools like CRM or marketing automation or project management software provide no clear vision for enabling disparate departments in busy companies to work in concert toward the main objectives—being efficient about increasing revenue. The rule is simple: Record progress, get full commission. You choose.

Revenue 113

Revenue Forecasting Commission Telecommunications 113

LeadFuze

NOVEMBER 30, 2021

When I first began hiring salespeople, I thought that base pay plus commissions and bonuses would be enough motivation for them. The two main types of CRM systems are on-premises and cloud. She also says you will probably be thrown new software tools every three months so it’s always important to stay up-to-date.

Webinar Metrics 52

Webinar Metrics Hiring Strategy Top of Funnel 52

LeadFuze

MAY 11, 2021

This is easy to understand: there will be a relatively small number of companies interested in your niche software solution compared to the number of consumers interested in the latest affordable electronic gadget. Image Source: Copper CRM ). The potential market that you can sell your offering to will be much narrower in B2B.

B2B 95

B2B B2C Sales Cycle Top of Funnel 95

Tony Hughes

MARCH 7, 2018

He whined about how unfortunate commission plans are. If you're a CXO reading this or you know one that has purchased million dollar enterprise software sight unseen, please comment. I do this every day and train groups and CXOs to look at their book of business and territory mapping in this novel way. Please hold me to it!

Lead Rank 66

Lead Rank Enterprise Enterprise Scale 66

Sales Hacker

MAY 5, 2021

In fact, she says that you will probably be thrown new software tools every three months in a RevOps job. Super engaged with the RevOps community, she opens up discussions on many pertinent questions like, who should run commissions : RevOps or Finance? Brad Smith , Co-founder and CEO of Sonar Software / Founder at Wizards of Ops.

Top of Funnel 99

Top of Funnel Scale SalesForce Webinar Metrics 99

Chorus.ai

MARCH 13, 2020

That way, if your rep hits their target easily during month 1, they can look forward to a higher target (and higher commission) for month 2. Forecast Revenue Quota The forecast revenue quota uses historical precedents — for a territory, market share, or prior product — for its foundation. You can set a compound percentage target.

Quota 65

Quota Penetration Buyer Persona Sales Qualified Lead 65

Close.io

JANUARY 7, 2020

Achieving sales quota generally means that salespeople receive some kind of financial reward on top of their usual commissions. Close CRM offers you real-time leaderboards based on any metric. It’s the financial goal that your sales team member or territory needs to hit in a specified period (generally a month or a quarter).

Quota 92

Quota Meeting Forecasting Lead Rank 92

Sales Hacker Training

NOVEMBER 21, 2022

There are thousands of options when it comes to software for sales that promise to make your life easier as a sales professional. There are plenty of sales prospecting tools and sales management software to help automate your manual tasks while personalizing your outreach. Don’t make it more difficult than it already is.

Sales Tools 52

Sales Tools Tools Ideal Customer Profile Lead Rank 52

SBI

NOVEMBER 7, 2019

Salespeople have a lot of information and data thrown their way and CRM doesn’t make. Morgan & Morgan needed a tool to synchronize Outlook and Salesforce that would allow their attorneys, paralegals, and the case staff to access CRM. Renewal Management. With Brian Hirt, Director of Product Management for Zilliant. Purchase Intent.

Top of Funnel 52

Top of Funnel Ideal Customer Profile Webinar Metrics Customer 52