The Spiff Blog

JANUARY 12, 2022

Compensation strategy is a core factor that plays a role in any business’s ability to be successful. Often, when “bigger” issues arise, we tuck our compensation strategy away in the back of our minds and promise to revisit the topic when we have the time. Applying this Model to Your Sales Compensation Strategy.

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InsightSquared

MARCH 6, 2018

Sales operations has been around for quite some time, but lately the function has been gaining momentum. Instead of behind-the-scenes sales support, sales ops now acts as a strategic partner for sales VPs and leadership. Start building out your sales operations department by hiring someone to own your CRM.

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Sales Operations Hiring Scale How To 119

Sales Hacker

MAY 26, 2021

If you know that you love strategizing to increase sales but don’t want to be an account executive, sales operations may be the right place for you. What is Sales Operations? Any customer-facing rep who’s worked at a midsize or enterprise company is familiar with sales operations.

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Sales Operations Top of Funnel Lead Rank Hiring 60

Highspot

APRIL 2, 2020

When implemented alongside strategic training, tools, and engagement techniques, sales operations can help sales teams become more productive and efficient and have a positive impact on both top- and bottom-line performance. Why is sales operations important? Why is sales operations important?

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Sales Operations Top of Funnel Forecasting Sales Enablement 75

Sales Hacker

DECEMBER 21, 2017

What is Sales Operations? Sales operations refers to the unit, role, activities and processes within a sales organization that support, enable, and drive front line sales teams to sell better, faster, and more efficiently. But perhaps more than anything else, sales operations brings a system to selling.

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Sales Operations Top of Funnel Hiring Scale 87

Xactly

APRIL 18, 2018

Sales operations and sales enablement are two sides of the same coin allowing your sales team to hone in on the actual selling motions rather than focusing on the back-end processes, tracking down training material, and optimizing the sales teams’ CRM. What is Sales Operations? DOWNLOAD.

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Sales Operations Sales Enablement Top of Funnel Compensation 72

The Spiff Blog

MAY 31, 2022

Convincing your boss to sign off on more resources for sales comp can feel like an uphill battle. After all, does your organization really need to sink even more money into sales compensation ? But how is your team supposed to be motivated to close more deals if it’s unclear how and when they’ll be compensated?

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Resources Commission Compensation Hiring 83

InsightSquared

NOVEMBER 29, 2017

The director of sales operations position is one of the most critical hires a company can make. It’s their job to help sales executives make sense of results and pinpoint the reasons why they fell short of or hit their goals. Click here to get a free director of sales operations job description template. ).

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Sales Operations Hiring Analytics Policies 48

Xactly

SEPTEMBER 20, 2018

From territory planning to sales team organization, to sales coaching and leadership strategies to sales compensation planning, each element helps to create a strong sales plan. Sales Compensation is one of the most important steps because it drives sales behaviors and ultimately helps your company reach its goals.

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Compensation Incentives Incentive Lead Rank 40

InsideSales.com

OCTOBER 28, 2019

?. Sales operations is a known but underutilized function for many organizations. Here, we discuss how to effectively utilize sales operations by using big data, understanding customer value, and collaborating with other parts of the organization. RELATED: The Definition of Sales Operations and How it Relates to Revenue.

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Sales Operations Revenue Top of Funnel Report 62

The Spiff Blog

JANUARY 26, 2023

If your sales team is struggling to hit their numbers and you’ve already considered training, enablement, technology, and other more obvious avenues, it might be time to take a look at your sales commission structure. A good sales compensation strategy has the power to drastically improve sales performance.

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The Spiff Blog

AUGUST 4, 2022

The quick fixes and long term solutions you need to fix your broken sales compensation processes. If you’ve worked in RevOps or Finance for any amount of time, you already know traditional sales compensation processes are broken. Most companies get sales compensation wrong. Let’s jump into it! About Spiff.

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Commission Compensation Incentives Incentive 69

Lessonly

NOVEMBER 30, 2021

And, two uber important parts of this equation are sales operations and sales enablement. While both improve sales force productivity and support reps throughout the sales process, there are some distinct differences between the two. First, What Are Sales Operations? What Is Sales Enablement?

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Sales Operations Sales Enablement Software Software 26

The Spiff Blog

NOVEMBER 10, 2022

If this sounds anything like your current commission tracking process, it’s time to introduce you to sales commission software , a category of software that automates even the most complex commission processes. Improved visibility into the sales commission process. Better access to critical data and insights.

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Commission Scale Compensation Software 75

The Spiff Blog

MARCH 21, 2023

But, then, we experienced another seminal change in business software. Today, we explore the evolution of commission software. Spreadsheets are still, in my opinion, the most successful business software ever created. The second most successful business software, after Excel, is Salesforce ( source ). True, I’m biased. )

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Commission SalesForce Siebel Software 74

The Spiff Blog

SEPTEMBER 7, 2023

Although SPM strategy varies by company and industry, the most effective sales performance management strategies typically involve a combination of the same core pillars. These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement.

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Incentives Incentive Scale Compensation 83

The Spiff Blog

AUGUST 22, 2023

There are many factors that indicate whether or not a piece of software is essential. Dig into software usage data to gain a better understanding of how teams are using the tools your organization pays for. Software license optimization is one of the quickest methods for identifying and correcting cost inefficiencies.

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Strategy Compensation Commission ROI 74

Canidium

APRIL 30, 2021

Fort Collins, CO, April 30, 2021 -- Canidium, a sales performance, incentive compensation, and sales operations optimization consultancy, has hired Dean Swift as the Director of Sales & Marketing. Prior to Envirofit, Dean worked at Otterbox as a Business Development Executive and Sales Operations Manager.

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Hiring SAP Marketing Sales Qualified Lead 86

Xactly

MAY 7, 2018

Sales compensation is one of the most important components of sales planning. Sales operations and compensation professionals must compile a team to piecing together metrics and goals, which carries an incredible amount of responsibility. Time in sales compensation: 11 years. Position: Sr.

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The Spiff Blog

APRIL 11, 2023

You can check out related content here: The Advice These Women in Sales Wish They Had Been Given Sooner Selling Like a Girl: A Look at Gender Bias in Sales How to Run a More Diverse and Inclusive Hiring Process See you soon!

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Commission Hiring Face-to-face Incentives 83

Hubspot Sales

APRIL 5, 2023

With a modest, go-get-'em attitude, you can learn the stats you need to know to anticipate what a career in sales has in store for you. Table of Contents Sales Career and Salary Stats The Buyer’s Journey Lead Generation Stats Sales Software Stats Sales Careers and Salary Stats Practically every business in every industry needs salespeople.

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Ideal Customer Profile Salary Hiring Lead Rank 111

SBI Growth

OCTOBER 12, 2013

Setting Quotas, territory structures, headcounts and total compensation budgets are examples. Planning for new analytics software, Business Intelligence platform or new/upgraded CRM? Your compensation plan must align to your strategy. The new reality for sales ops planning is buyer alignment. help our buyers buy from us?

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Buyer Persona Territories Compensation Buyer 310

The Spiff Blog

DECEMBER 7, 2023

Whether you’re a sales compensation manager struggling to get commission statements in order, or a sales rep trying desperately to hit your quota, the last month of the year often ends up being the most stressful. So, we figured it’s a good time to lighten the mood with some of our favorite sales commission memes.

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Commission Banking Cold Calling Scale 80

The Spiff Blog

JANUARY 9, 2024

It’s a win-win investment: your sales teams will generate more revenue, and the lighter administrative burden will have a positive effect on overall seller experience. Recommended reading : 40 Critical Sales Compensation Benchmarks and Statistics for 2023 5. Anticipate risks with “what if” scenarios testing.

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Banking Hiring Churn Scale 84

The Spiff Blog

JANUARY 12, 2023

Let’s address something that, although obvious, often goes unstated during conversations about sales compensation. Something else to consider: A shocking 89% of sales turnover is caused by deficient or unclear compensation ( source ). How to Motivate Sales Managers with Compensation Strategy. About Spiff.

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Compensation Hiring Commission Face-to-face 67

The Spiff Blog

FEBRUARY 24, 2022

So how do you, as a seasoned sales operations professional, do your part by fixing a lack of transparency within sales? Today, we cover: What it means to be a data-driven sales organization. Sales leaders are continually grappling with compensation. Motivation takes a hit. Good data isn’t a happy accident.

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Commission Compensation How To Data 56

The Spiff Blog

SEPTEMBER 22, 2022

With a new year around the corner, it’s time to start thinking about your sales compensation plans for 2023. We recently sat down with Chris Semain, Principal and Tech Practice Leader at the Alexander Group to discuss the future of sales comp. If you’re feeling overwhelmed, we don’t blame you. Let’s dive right in!

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Groups Conversion Commission Lead Rank 67

SBI Growth

AUGUST 15, 2012

To be a world class Sales Operations leader, pick up the pace. Quantifying the potential impact for their sales leader. Register for one of our strategy sessions here to get in-depth knowledge on what the brightest Sales Operations leaders are doing today. Sales Operations Success = Insight + Execution.

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Infusion Data Ideal Customer Profile Strategy 244

Hubspot Sales

JUNE 8, 2021

Once the SDR has determined the prospect is ready to be contacted by the sales team, they send the person over to a closing rep. Depending on the company, the compensation for an SDR can be a base salary, commission-based, or a combination of base plus commission. As such, the compensation for this role is higher than an AE position.

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Hiring Salary Top of Funnel Commission 104

The Spiff Blog

APRIL 7, 2022

It’s also more familiar— you can jump right in to your next ASC 606 report without having to stop and learn a new software. White glove commission expensing operates on “bespoke” software that’s been heavily customized for your organization. Bespoke software is technically customizable— for your vendor’s engineers.

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Commission Software Software Vendor 79

The Spiff Blog

MARCH 8, 2023

Earlier this year, Whitney Sharpe , Vice President of Sales at Mindlance shared a TikTok that has since gone viral. The clip shows her, not in her typical role as a seller, but as a buyer evaluating a piece of software. As more data becomes available, we hope to paint a more complete and inclusive picture of sales as a profession.

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Face-to-face Incentives Incentive Commission 76

Sales Hacker Training

SEPTEMBER 10, 2018

Good sales leaders are always on the hunt to bring in new talent that can help a business grow. Still, they don’t always nail down the details when it comes to the things that might entice a prospective salesperson — like a well-rounded sales compensation plan , for example. Creating a Winning Sales Incentives Program.

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Incentives Incentive Compensation Salary 106

The Spiff Blog

MARCH 2, 2023

After graduating, Samuel’s interest in building models and solving complex problems led him to start his career in software finance and sales operations. With a background as a software engineer and a career in customer success, she is excited for her future at Spiff as a Technical Customer Success Manager.

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Meeting Engineering Travel Face-to-face 75

SBI

OCTOBER 23, 2017

There are over 3,000 sessions scheduled—936 if you filter by role for sales operations or sales professional, and 179 if you filter by Marketing /ABM as a role. B2B sales professionals can engage faster with customers to grow their business. Clearly, there’s a wealth of knowledge and networking to be had at the event.

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Vendor Hoovers Lead Rank Sales Qualified Lead 140

Xactly

APRIL 23, 2018

The Forecasting and Sales Planning Relationship. Sales leadership, alongside sales operations and finance use forecasting for all aspects of sales planning, including building sales compensation plans, territory planning, and overall sales strategy. How Automation Software Can Help.

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Forecasting Commission Webinar Metrics Compensation 44

The Spiff Blog

JUNE 6, 2023

He has been in software engineering for 20 years and loves to solve interesting and complex problems with smart people. He began his career in Finance in the Washington, DC area where he discovered the world of Incentive Compensation Administration. In 2020, BJ and his family moved to the Blue Ridge mountains in Asheville, NC.

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Meeting Travel Engineering Hiring 67

The Spiff Blog

JUNE 29, 2023

Managing sales compensation is both a highly complex and highly consequential responsibility. The design and execution of a sales compensation program directly influences the performance and morale of a sales organization, as well as the overall financial success of a company at large.

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Compensation Commission Hiring Salary 72