Most organizations see improving the effectiveness of sales as a way to increase productivity. Those organizations that take advantage of the latest sales applications and technology are finding themselves with a competitive advantage, but many organizations lack the time and resources to assess and deploy appropriate platforms. That’s a shame, since most sales organizations have plenty to improve in their selling, forecasting, incentives and planning according to our latest research on sales...
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Topics:
Sales,
Sales Performance,
Marketing,
PIM,
Sales Compensation,
Sales Forecasting,
Operational Performance,
Business Performance,
Financial Performance,
CPQ,
CRM,
Product Information Management,
SFA
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Topics:
Mobile,
Predictive Analytics,
Real-time,
Sales Performance,
SAP,
Supply Chain Performance,
ERP,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
In-memory,
Workforce Performance,
CRM,
finance,
Social,
Business Suite,
Financial Performance Management,
HANA
Businesses always see a lag between when technology makes some advance possible and when a majority of companies actually adopt it. There’s even a longer lag between the emergence of an advance in a business process or technique and the time it takes to become mainstream. When we write our research agendas at the top of each year, we have to strike a balance between focusing on the new and different, which is still many years away from general acceptance, and the mainstream, which has been...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales Performance,
Governance,
GRC,
Office of Finance,
Budgeting,
close,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
CIO,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
In-memory,
Workforce Performance,
CFO,
Risk,
CEO,
Financial Performance Management,
FPM
In today’s competitive markets, many organizations recognize that customer service represents an opportunity to differentiate themselves from their competition. However, our research into the agent desktop shows that providing excellent customer service is a real challenge in many areas, starting with managing the channels of communication required to offer customers a choice in how they interact with the company. My research into customer and contact centers shows that over the last 18 months,...
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Topics:
Sales Performance,
Customer Analytics,
Customer Experience,
Voice of the Customer,
Operational Performance,
Analytics,
Business Performance,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM
Happy New Year to all my readers and followers. I hope everyone has gotten some rest and is ready for a great 2013. 2012 was a busy year in which we saw a critical inflection point, where an elevated focus on new methods and innovative technological approaches such as big data, business analytics, business and social collaboration, cloud computing, mobile technology and social media become part of the mainstream business and IT dialogue. These technologies are beginning to be part of or...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Market Research,
Mobile Technology,
Social Collaboration,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Technology
Ventana Research does benchmark research that assesses the maturity of organizations across four dimensions: people, process, information and technology. We examine business issues along those dimensions because we recognize the interconnected relationships among them. Especially in larger companies, data issues such as accuracy and accessibility are often a root cause of poor performance of a core function. It may be a factor in such areas as poor customer service, sales execution or...
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Topics:
Big Data,
Planning,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
Budgeting,
driver-based,
Operational Performance,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Financial Performance Management,
Integrated Business Planning
This is the third in a series of blog posts on what CEOs (and for that matter, all senior corporate executives) need to know about IT and its impact on running a business. The first covered the high-level issues. As I noted, it’s not necessary for a CEO to be able to write Java code or master the intricacies of an ERP or sales compensation application. However, CEOs must grasp the basics of IT just as they must understand basic corporate finance, the production process and – at least at a high...
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Topics:
Planning,
Predictive Analytics,
Sales,
Sales Performance,
Customer,
Human Capital Management,
Office of Finance,
Budgeting,
close,
closing,
PRO,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Management,
CFO,
CEO,
FPM,
Profitability,
SPM
Quantrix recently unveiled Quantrix 5, an updated version of its financial modeling software designed to fill the gap between spreadsheets and business intelligence (BI) systems. Quantrix provides users with many of the capabilities of an enterprise system and addresses shortcomings of desktop spreadsheet software without requiring extensive training.
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Topics:
Big Data,
Planning,
Sales,
Sales Performance,
Supply Chain Performance,
FP&A,
Office of Finance,
Reporting,
Budgeting,
Quantrix,
Operational Performance,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Information Management,
Workforce Performance,
FPM
Business software is beginning to undergo a design revolution comparable to the seismic shift from the green screen to the graphical user interface (GUI) that began in the mid-1980s. Three forces are at work. One is the retirement of large numbers of members of the baby-boom generation and the rise of a generation that grew up with computers and computer games from a young age. Also, software and technology vendors have been recognizing the need to “consumerize” business applications as mobile...
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Topics:
Big Data,
Sales Performance,
Salesforce.com,
Supply Chain Performance,
OpenWorld,
Operational Performance,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Oracle,
Workforce Performance,
Dreamforce,
finance,
Tidemark,
Business,
design,
development,
GUI
Effective planning has always been a challenge for companies, and it’s all the more so today. Even when companies deploy dedicated planning applications, they often do not or cannot use them to full advantage. I had a chance to learn more about 3M Corp. use of business planning in our recent 2012 Leadership Awards, who is the diversified global manufacturer of consumer and industrial products, several years ago acquired a dedicated planning application, but because the system could not scale to...
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Topics:
Big Data,
Planning,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
Reporting,
Budgeting,
driver-based,
Operational Performance,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Financial Performance Management,
Integrated Business Planning