Pricing and profit margins appear to be trending topics, which is normal at this stage of the business cycle. North American companies achieved high levels of profitability coming out of the last recession by staying lean, but this trend has run its course. Margins are being squeezed, and companies are looking for ways to add to the bottom line.
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Topics:
Planning,
Sales,
Sales Performance,
Office of Finance,
Operational Performance,
Analytics,
Business Performance,
Financial Performance,
costing,
FPM,
Price Optimization,
Profitability,
S&OP
Anyone who follows salesforce.com is used to surprises, but over the last couple of months the company has come up with some that go beyond the usual. It rebranded the recent user conference in London as a customer company event. This follows from changing its messaging to urge every company to become a customer company not a social company. The event itself was everything we have come to expect, using an array of customer case studies to show how salesforce.com’s products help companies...
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Topics:
Sales,
Sales Performance,
Social Media,
Customer Experience,
Social CRM,
Voice of the Customer,
Mobile Apps,
Self-service,
Operational Performance,
Analytics,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Information Applications,
Call Center,
Contact Center,
CRM
Sales organizations and individuals strive to reach their quotas and get paid the maximum commissions for their performance. In support of these goals, software vendor Xactly offers a suite of applications for sales performance management that operates in the cloud computing environment. An example of its success is receiving our recent 2013 Leadership Award in sales excellence for work by its customer Zuora. This achievement builds on its 2012 Leadership Award with customer GlobalEnglish. My...
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Topics:
Sales,
Sales Performance,
Operational Performance,
Business Performance,
Customer & Contact Center,
Financial Performance,
Compensation,
Sales Performance Management
At this year’s Global Pricing Forum, host Nomis Solutions announced the availability of its Discretion Manager software, which supports dynamic price negotiations. The annual event brings together thought leaders and practitioners interested in pricing. Nomis currently has 17 of the largest 100 banks as customers. With more customers, this year’s event had larger attendance than last year’s.
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Topics:
Big Data,
Sales,
Sales Performance,
Office of Finance,
credit,
financial analytics,
Nomis Solutions,
PRO,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
banking,
Financial Services
Profit Velocity Solutions’ PV Accelerator is an analytic application designed to enable capital-intensive companies to consistently achieve substantially wider margins and higher return on assets (ROA). Companies in industries such as specialty chemicals, building materials, integrated steel mills and silicon chip fabrication (to name just four) routinely fail to make the right decisions about pricing, production and sales management because they use analytic methods that, from an economic...
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Topics:
Performance Management,
Sales,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
PV Accelerator,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Price Optimization,
Profit Velocity,
Profitability,
Software,
S&OP
Banking giant JP Morgan raised eyebrows in 2012 when it revealed that it had lost a substantial amount of money because of poorly conceived trades it had made for its own account. The losses raised questions about the adequacy of its internal controls, and broader questions about the need for regulations to reduce systemic risk to the banking system. At the heart of the matter were the transactions made by “the London Whale,” the name given to a JP Morgan’s trading operation in the City by its...
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Topics:
Sales,
Sales Performance,
GRC,
Office of Finance,
error,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Data,
controls
SAP just released strong preliminary quarterly and annual revenue growth, which in many ways can be attributed to a strong strategic vision around the HANA in-memory platform and strong execution throughout the organization. Akin to flying an airplane while simultaneously fixing it, SAP’s bold move to HANA may at some point see the company continuing to fly when other companies are forced to ground parts of their fleets.
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Topics:
Sales,
Sales Performance,
SAP,
Supply Chain Performance,
Business Objects,
Business Objects predictive analytics,
Crystal reports,
Operational Performance,
Visi,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Operational Intelligence,
Workforce Performance,
cognos insight,
SAP predictive analytics,
Sybase IQ
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
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