For some people in sales and marketing who struggle to meet their quarterly targets, the blockbuster announcement that Microsoft will buy LinkedIn for US$26.2 billion may seem like a midyear holiday present: a digital business Rolodex filled with new global connections that can make the task of generating revenue dramatically easier. Problem is, sales leaders and revenue-focused marketers worth their weight already know everything there is to know about their target audience, and they’re taking...
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Topics:
Sales Performance,
Social Media,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Uncategorized,
Microsoft, LinkedIn, CMO, Sales
There were two noteworthy themes in SAP CEO Bill McDermott’s keynote at this year’s Sapphire conference. One was customer assurance; that is, placing greater emphasis on making the implementation of even complex business software more predictable and less of an effort. This theme reflects the maturing of the enterprise applications business as it transitions from producing highly customized software to providing configurable, off-the-rack purchases. Implementing ERP will never be simple, as I...
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Topics:
Predictive Analytics,
Sales Performance,
SAP,
Supply Chain Performance,
Customer Performance,
Business Performance,
Financial Performance,
Uncategorized
Managing marketing performance is anything but simple. It requires establishing a unified approach to assess the outcomes of initiatives and projects and compare results with investments in marketing people and campaigns. In general, while performance management has been conducted effectively at the corporate levels, it has been a challenge for most lines of business, marketing departments included.
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Topics:
Sales Performance,
Social Media,
Marketing,
Marketing Performance Management,
Marketing Planning,
Operational Performance Management (OPM),
Customer Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Uncategorized,
CMO,
Demand Generation
In our Office of Finance benchmark research 60 percent of participants said it takes their companies six or more business days to complete their quarterly close; that exceeds the best practice benchmark of five days. Consultants, academics and vendors have stressed the importance of shortening the close for almost a quarter of a century. The main reason for doing so is to provide executives and managers with timely information about the company’s performance. Yet our research shows that it’s...
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Topics:
Office of Finance,
Business Performance,
Financial Performance,
Uncategorized
If you’re a sales or marketing executive or manager, your window of business opportunity is closing rapidly. In fact it started closing the day you began your job. Time is not on your side – and your career may well hang in the balance. I want to help you shift that balance to your advantage.
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Social Media,
Mobile Technology,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Uncategorized,
Sales, Marketing, Sales Performance Management, Ma
New rules governing revenue recognition for contracts will go into effect for most companies in 2018. The Financial Accounting Standards Board (FASB), which administers Generally Accepted Accounting Principles in the U.S. (US-GAAP) has issued ASC 606, and the International Accounting Standards Board (IASB), which administers International Financial Reporting Standards (IFRS) used in most other countries, has issued IFRS 15. The two are very similar and will enforce fundamental changes in this...
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Topics:
Big Data,
Business Performance,
Financial Performance,
Uncategorized
It’s widely agreed that customer experience is now the most important dynamic for business. Any organization that wants to retain loyal and even vocal customers should do everything possible to ensure and maintain customer satisfaction. Software companies, especially those that promise to provide CRM and effective interactions across any channel at any time, should be good examples of embracing the methods they prescribe for using their products. But do they?
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Topics:
Sales Performance,
Supply Chain Performance,
Human Capital,
Customer Performance,
Operational Performance,
Business Performance,
Cloud Computing,
Uncategorized,
NetSuite, TribeHR, HCM, HR, HRMS, Customer Experie
Organizations in all industries face various difficulties in managing product information. The most serious is providing complete, engaging information to consumers and customers on the internet. Newly developed products, mergers and acquisitions, changes to pricing and promotions in online commerce spur business growth, but these factors also increase the amount and complexity of product-related data and content. In addition the digital economy offers a new generation of services that are sold...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
PIM, Product Information Management, Sales, Market,
Customer Performance,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Information Management,
Uncategorized,
Information Optimization
Through a federal rule referred to as “Overtime Rule” and part of Title 29 regulations was issued on May 18th, 2016 by the Department of Labor (DOL), the Obama administration now mandates that unless they meet criteria for exemption, employees paid less than $47,476 ($22.825 per hour) are entitled to overtime pay when they work more than 40 hours per week. The rule change, which goes into effective on December 1, 2016, is intended to apply to executive, administrative and professional...
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Topics:
Sales Performance,
Supply Chain Performance,
Customer Performance,
Operational Performance,
POTUS, Department of Labor, FLSA, Part 541, Overti,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
Uncategorized
Infor recently held its annual Innovation Summit at its New York City headquarters. The company has shown leadership and creativity in business applications on two fronts: focusing its development efforts on enhancing the user experience and collaboration and building an application architecture that will deliver a rich set of functionality for ERP, financial management, CRM and HRMS and business analytics in a multitenant cloud environment. All of these advances were necessary to remake a...
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Topics:
accounting, analytics, ERP, EAM, CRM, HCM, innovat,
Business Performance,
Financial Performance,
Uncategorized