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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

The only remedy is a formal incentive communication strategy. This post will show you how to deconstruct your current sales compensation process to ultimately build a more effective incentive communication strategy. Map out an incentive communication step to align with each step of your sales comp process. Let’s dive in!

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Sales Operations and Company Growth: An Extensive Guide

Crunchbase

This could entail ensuring the sales reps have all the tools and training they need to do their jobs and that the company budget takes these needs into account. Performance and incentive program management. Often, sales ops oversee sales reps’ salaries, bonuses and other incentive programs that impact their current or future earnings.

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5 Ways to Write a Better Change of Commission Letter

The Spiff Blog

A change of commission letter, although sometimes a legal requirement, is a tool used by employers to provide sales teams with written notice that changes are being made to how they earn money. After your letter is distributed, keep the conversation going. Hold Q&A sessions after giving your team time to process the information.

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The Future of Finance: 10 Things CFOs Need to Consider About Technology

Xactly

In the accounting and finance worlds, companies are beginning to dip their toes into automation tools. Using leading indicators, CFOs and finance leaders can evaluate the company’s progress towards sales goals and build a plan to remedy any underperforming metrics. Technology enables her to move that data more efficiently.

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How to Build a Sales Process: The Complete Guide

Nutshell

How was the lead distributed or assigned? Let’s talk about some of the challenges you’ll face when working through your sales process steps and some simple remedies you can employ. Adjusting your advertising strategy is the first way to remedy this. How was the lead acquired? email or phone)? Customization options?