Achieving sales targets and closing more deals has a lot to do with the quality and speed of your sales cycle. Creating and maintaining a quick cycle supported by proposals and quotes that meet, or better yet, exceed the expectations of consumers brings a positive sense of urgency to customers and prospect relationships. Customers accomplish their goals quicker and deals are closed faster when Configure Price Quote strategies and sales engagement tactics are in place. Below are tried and tested ways to improve both the speed and accuracy of quote turnarounds, quote to order responses, and capture accuracy of your sales cycle with the help of integration:
- Eliminate as many manual steps possible from your quoting and proposal workflow by creating an integration roadmap that effectively captures how your different connecting systems can speed up quoting speed and turn it into an easily measurable feature. Speed is critical to a competitive sales cycle. The more competitive your sales cycle, the more important speed becomes. More often than not, the quote that gets completed first wins the deal because prospects are usually driven by a high sense of urgency in solving their problems or accomplishing their goals.
- Control pricing by getting rid of outdated Excel file updates on your sales representatives’ laptops and incorporate a single system that is constantly updated in real time. Inconsistency in pricing is a major roadblock to selling fast. This can be helped by an integrated cloud-based pricing system that delivers updated and accurate pricing to any and all reps in real-time.
- Speed and accuracy alone can help you take deals away from your competitors. This can be achieved by integrating everything ranging from ERP to production scheduling, salesforce systems, and MES (Manufacturing Execution Systems)
Author: The Knack Team
Short posts and insights shared by a group of Knack System’s SAP subject matter experts in the customer engagement, marketing, sales, commerce, and service space.