It’s clear that sales organizations need to be efficient, but many are unaware of critical applications they could deploy to establish sales excellence. In my recent analysis, “Sales Organizations Need a Swift Technology Kick”, I outlined why sales departments have to look beyond using sales force automation (SFA) and spreadsheets and examine dedicated applications for improving productivity and effectiveness. Our benchmark research in sales applications found a new set of application...
Read More
Topics:
Sales,
Sales Performance,
Social Media,
Supply Chain Performance,
Sustainability,
Sales Forecasting,
IT Research,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
SFA
I recently attended the 2012 Global Pricing Forum hosted by Nomis Solutions, a provider of software and services to banking and finance companies. This annual event brings together thought leaders and practitioners in the area of pricing and revenue optimization (PRO). This technique uses analytics to sift through large data sets to tease out customer behavior characteristics, identify customer segments and quantify their price sensitivities. These complex calculations require software designed...
Read More
Topics:
Sales,
Sales Performance,
Supply Chain Performance,
Office of Finance,
credit,
financial analytics,
Nomis Solutions,
PRO,
Operational Performance,
Analytics,
Business Analytics,
Financial Performance,
banking,
Financial Services
Investing wisely in sales-related people and processes is a key to business success. In 2012, helping sales staff perform at their highest levels should be a top priority for management. That may take some effort, according to our benchmark research, which indicates that only 14 percent of sales organizations operate at the highest level of innovation and competitiveness. In recent years, most organizations merely discussed moving beyond using only their sales force automation application and...
Read More
Topics:
Big Data,
Mobile,
Planning,
Sales,
Sales Performance,
Social Media,
assets,
Learning,
Office of Finance,
Performance,
Reporting,
Sales Compensation,
Sales Force Automation,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
channel,
coaching,
commission,
CRM,
Sales Performance Management,
SFA
I attended the annual SAP Influencer Summit (Twitter #SAPSummit), at which executives from SAP meet with analysts and customers from around the world to discuss the company’s direction. Pointing out that in 2012 SAP will reach its 40th anniversary of operations, chief communications officer Hubertus Kulpus and chief marketing officer Jonathan Becher kicked off the summit, then passed the microphones to co-CEO Jim Hagemann-Snabe and CTO Vishal Sikka for overviews of the business and technology...
Read More
Topics:
Mobile,
Sales,
Sales Performance,
SAP,
Social Media,
Supply Chain Performance,
Sustainability,
Human Capital Management,
Smart Phones,
Business Technology Innovation,
IT Performance,
IT Research,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Business Technology,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Information Technology,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Business Applications,
CFO,
COO,
CRM,
HR,
Sybase,
Tablets,
Talent Management,
Digital Technology
NICE Systems last week announced an agreement to acquire Merced Systems, a provider of business applications for customer service and sales organizations. This acquisition slipped by with little fanfare, but it marks a significant milestone for NICE, a major provider of applications and technology for call centers and a player in their evolution into multichannel contact centers. Building on a good 2010, as my colleague Richard Snow noted, NICE expects to reach almost $800 million of revenue in...
Read More
Topics:
Predictive Analytics,
Sales,
Sales Performance,
Social Media,
Customer Analytics,
Customer Data Management,
Customer Experience,
Customer Feedback Management,
Marketing,
Merced Systems,
NICE Systems,
Revenue Performance,
Sales Compensation,
Sales Force Automation,
Social CRM,
Speech Analytics,
Voice of the Customer,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Financial Performance,
Workforce Performance,
Call Center,
CFO,
CMO,
Contact Center,
Contact Center Analytics,
CRM,
Desktop Analytics,
Sales Performance Management,
SFA,
Text Analytics,
Unified Communications,
Workforce Management
Doing one’s homework is vital in buying business software. However, unless you’re replacing a relatively simple application, it’s hard to know exactly what to evaluate. Indeed, if people in a company given this task don’t have experience in using a specific type of business application or don’t understand how new or improved functionality will help execute business processes better, they may do a poor job of assessing the available alternatives. Third-party consultants may be helpful, but their...
Read More
Topics:
Performance Management,
Sales,
Sales Performance,
Human Capital Management,
Office of Finance,
Zilliant,
Model N,
Navetti,
Nomis Solutions,
PROS Pricing,
Servigistics,
Signal Demand,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Oracle,
Vendavo,
Price Optimization,
Profitability,
Software,
Vistaar Technologies
Tibco recently introduced Spotfire 4.0, the most recent version of its interactive discovery and business intelligence (BI) tool. Spotfire comes at BI through visualization. It uses in-memory processing and good user interface design to develop highly interactive displays of data. Version 4.0 attempts to enhance Spotfire’s dashboard capabilities and offers integration with enterprise collaboration tools. The former capabilities are necessary to broaden Spotfire’s appeal and applicability for...
Read More
Topics:
Sales,
Sales Performance,
Social Media,
Spotfire,
Supply Chain Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Chatter,
Collaboration,
Customer & Contact Center,
Dashboards,
Financial Performance,
Tibco,
Twitter,
Workforce Performance
As Workday continues to expand and the likelihood of its IPO becomes a more frequent topic of discussion, so does the movement of ERP systems to the cloud. Thus far, only a minority of companies have chosen to put their ERP and accounting systems in the cloud, but the numbers are growing and there’s evidence of success. NetSuite, for example, reported a 26 percent increase in its revenues to $145 million in the nine months up to Sept. 30, 2011. To be sure, this is not close to Salesforce.com’s...
Read More
Topics:
Microsoft,
Sales,
Supply Chain Performance,
ERP,
NetSuite,
Office of Finance,
Dynamics,
Epicor,
Lawson,
QAD,
Operational Performance,
Business Performance,
Cloud Computing,
Financial Performance,
IBM,
Oracle,
Workforce Performance,
Infor,
financial software,
Intacct,
PeopleSoft,
Software
As its name suggests, demand-based pricing is a method that uses the buyer’s demand, based on an estimate of a good’s or service’s perceived value to the buyer, as the central element in setting price. Pricing strategies are most important because they can have a disproportionate impact (positive and negative) on a company’s bottom line. Managing prices has always been an activity of keen interest, but it has become even more so over the past decade as a result of the constrained pricing...
Read More
Topics:
Performance Management,
Sales,
Sales Performance,
Human Capital Management,
Office of Finance,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
Price Optimization,
Profitability,
Software