Mark Smith's Analyst Perspectives

Sales Agenda for Applications and Technology in 2015

Posted by Ventana Research on Feb 17, 2015 8:36:29 PM

Most people in business management admit that sales is more an art than a science. Organizations have long struggled to find the right mix to improve its effectiveness, and few get the most out of available technology. For many the default is still to use sales force automation (SFA) and spreadsheets to manage processes and try to increase the productivity of sales staff. In our view they should take a holistic approach to sales processes from contact to close and support everything from sales forecasting to pipeline management to compensation with applications designed for these purposes. Those in sales operations need to apply analytics to understand and fine-tune sales activities. Those in sales management need applications that can help recruit, engage and retain the best talent. Even more than elsewhere in business, in sales people matter, and the organizations that most empower their teams are likely to get the best results. Optimizing people and processes requires a balance of information and technology to support the various needs of the sales organization.

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Topics: Sales, Operational Performance Management (OPM), Recurring Revenue, sales analytics, Sales Compensation, Sales Forecasting, Business Collaboration, Business Mobility, Cloud Computing, CRM, Customer Performance Management (CPM), SFA