Profitability management produces a sustainable competitive advantage but by 2025 only one-third of companies will have implemented a profitability management initiative, explains Ventana Research SVP and Research Director Robert Kugel. This brief video shows why FP&A organizations must be part of a profitability management approach to pricing and costing.
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Topics:
FP&A,
Office of Finance,
Sales Operations,
CFO,
Profitability,
Price and Revenue Management
Sales plays a lead role in the revenue and growth of every organization. Whether the selling is direct or indirect, what happens in the sales department has ramifications that are perilous to underestimate. The imperative to maintain business continuity becomes painfully clear in a global pandemic, and that imperative demands that organizations cultivate sales excellence. This effort should start with leadership and engage sales operations, management and professionals with the objective of...
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Topics:
Sales,
Sales Performance,
Sales Operations,
Business Continuity,
CFO,
Sales Performance Management,
sales enablement
Sales organizations are under constant pressure to maximize their potential. To accomplish this they need to integrate their people and processes with those of the finance and operations groups and have access to all available information and useful technology. This is particularly true in the area of sales compensation, which when managed properly recognizes accomplishments, rewards success and motivates people. However, we find that few sales organizations take a comprehensive approach to...
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Topics:
Sales,
Sales Performance,
Sales Compensation,
Sales Operations,
Operational Performance,
Financial Performance,
commission
In today’s highly competitive sales environment, where success depends on meeting the specific needs of buyers, an accurate and timely sales forecast is a critical tool for optimizing business outcomes. I discussed this as part of our 2014 research agenda for sales, noting that linking the forecast to commissions, quotas and territories is a requirement for success. We recently completed new benchmark research on sales forecasting to ascertain the state of the processes and technology sales...
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Topics:
Sales,
Sales Performance,
Supply Chain Performance,
Sales Forecasting,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
SFA
Retaining talent and managing financials related to compensation should be a top priority for the HR and finance functions of companies, and many of them realize this. In our recent benchmark research in total compensation management, 72 percent of participants said it’s important or very important to have a compensation system aligned to their processes. One newer provider to the market, Excentive, started in 2002 in Europe and expanded globally in 2009. Its Excentive Compensation Cockpit...
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Topics:
Performance Management,
Sales Performance,
Human Capital Management,
Sales Compensation,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Financial Performance,
Workforce Performance,
Compensation,
Excentive,
Talent Management,
Workforce Analytics
Sales organizations strive to maximize the performance of their staffs to meet quotas and revenue targets in an efficient manner. This focus is part of my agenda to help organizations innovate and maximize revenue in sales. To achieve this requires automation of various sales activities including compensation, incentives, quota development, territory optimization, channel management, analytics and planning. Varicent is focused on these aspects of sales, offering software deployable in three...
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Topics:
Sales,
Sales Performance,
Social Media,
Marketing,
Revenue Performance,
Sales Force Automation,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
CMO,
CRM,
Sales Performance Management,
SFA,
Varicent
Salesforce.com’s 2011 Dreamforce conference is under way. If you’re in sales and you use the company’s application, here’s how to gain the most value from your time at the conference.
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Topics:
Sales,
Sales Performance,
Salesforce.com,
Social Media,
Marketing,
Marketo,
Merced Systems,
Qvidian,
Revenue Performance,
Sales Force Automation,
Sales Operations,
Zilliant,
Zyme Solutions,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Callidus Software,
Camelon Software,
CFO,
ChannelInsight,
Cloud9 Analytics,
CMO,
CRM,
Sales Performance Management,
SFA,
Varicent,
Vendavo,
Xactly
If you want to hit the booking and revenue targets required to operate a business, you have to manage your sales forecast and pipeline. Optimally you should be able to monitor and act upon them any day of the week and make adjustments whenever you need to. Unfortunately, most organizations have to wait until they finish their manual efforts at the end of the month or quarter, or they miss critical changes in deals and behavior because they rely only on reporting from their sales force...
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Topics:
Sales,
Sales Performance,
Salesforce.com,
Social Media,
Marketing,
Revenue Performance,
Sales Force Automation,
Sales Forecasting,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
Cloud9 Analytics,
CMO,
CRM,
Sales Performance Management,
SFA
In a very quiet and very subtle move, Callidus Software (NASDAQ: CALD) has offered to purchase the assets of ForceLogix for about $3.75 million. This sales applications software company provides sales coaching software to help sales managers realize the full value of their sales representatives. In 2010, Callidus Software entered into an OEM agreement to embed ForceLogix within a new offering called Sales Coaching; it clearly concluded that the opportunity to expose the application to further...
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Topics:
Sales Performance,
Salesforce.com,
Sales Coaching,
Sales Effectiveness,
Sales Operations,
Operational Performance,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Workforce Performance,
Callidus Software,
Sales Performance Management