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NICE Workforce Management Transforms Operations for Alteram Solutions

Alteram transitions from manual processes with NICE WFM to improve agent scheduling and call volume forecasting

NICE announced that Alteram Solutions, a BPO information and communication technology services provider in South Africa, has found great success utilizing NICE’s Workforce Management solutions with expert guidance to improve agent capacity, forecasting, and scheduling. By having the capability to better prepare agents and with accurate staffing, Alteram was able to greatly improve operations and prepare for future growth.

Alteram previously relied on a heavily manual process for agent scheduling and call volume forecasting that was time-consuming, imprecise, and not scalable. Alteram reported that this led to low occupancy of staff during peak times and a high abandonment rate from customers.

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Alteram leveraged NICE’s unique Value Realization Services (VRS) to take global best practices and benchmarks in their implementation of NICE WFM and as a result has seen tremendous improvements. Alteram reported that abandonment rates have decreased by 84%, occupancy has improved by 82%, and boasts a 74% increase in forecast accuracy. These successes have Alteram planning to expand its WFM suite to further improve business operations, employee satisfaction and productivity, and the overall customer experience.

Musa Motautona, Head of Workforce Management, Alteram, said, “When we started this project, I believed we didn’t have time for change management, ‘soft and fluffy,’ I called it. But VRS’ continuous reinforcement and focus on user enablement eliminated the resistance to change we’ve experienced before and sped adoption. It was a secret ingredient to our deployment success and became a point of pride and celebration for us.”

Darren Rushworth, President, NICE International, said, “The successes shown at Alteram highlight the benefits of AI and forecast management. Data provided the blueprint of where adjustments needed to be made, and WFM delivered. We are pleased to continue to support Alteram as they continue to grow and streamline their BPO practice.”

Read More: Why Accurate Forecasts Can Help Weather The Economic Storm

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Kount, an Equifax Company Positioned As the Technology Leader in the 2022 SPARK Matrix for eCommerce Fraud Prevention by Quadrant Knowledge Solutions

Quadrant Knowledge Solutions announced that it has named Kount, an Equifax Company, as the 2022 technology leader in the SPARK Matrix for eCommerce Fraud Prevention, 2022.

The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides an analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

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According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “Kount, an Equifax company, through its Identity Trust Global Network, provides robust protection during the customer journey through a complete set of digital and physical identity trust, behind each payment. The company’s patented Identity Trust Global network is paired with unmatched physical and digital identity data which synergies with Kount to generate a safety rating called Omniscore for better decisioning.” “With its overall sophisticated eCommerce Fraud Prevention offerings, strong customer value proposition, and robust strategy and roadmap, Kount has retained its leadership position and received strong ratings across the parameters of technology excellence and customer impact in the 2022 SPARK Matrix™: eCommerce Fraud Prevention,” adds Pradnya.

“Kount is proud of the unique benefits we offer our clients,” said Jared Kernodle, Chief Revenue Officer at Kount, an Equifax Company. “We view eCommerce fraud prevention as more than just payment protection; this includes account creation, account takeover protection, AML/KYC (Anti-Money Laundering/Know Your Customer), and actionable insights. With the inclusion of Equifax solutions, we can provide a true end-to-end fraud strategy. Recognition from Quadrant through the SPARK Matrix confirms the value of what Kount has to offer.”

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Quadrant Knowledge Solutions defines eCommerce Fraud Prevention as:

“eCommerce Fraud Prevention solution provides a robust framework for eCommerce businesses and payment processors to detect and stop high-risk transactions from getting processed. The solution employs AI-powered advanced machine learning models, rules, and automation to analyze and assess each transaction’s potential risk in real-time to minimize the losses due to fraud and increase organization’s profitability.”

The eCommerce fraud prevention solution is targeted for eCommerce merchants and payment processors. It offers comprehensive real-time risk monitoring and analysis of all transactions and identifies internal and external frauds covering all users, accounts, and channels by driving a risk-based strategy. An eCommerce fraud prevention solution detects and prevents frauds in real-time to improve order acceptance rate, reduce chargebacks, prevent customer abuse, and improve overall revenue. The primary focus of such a solution is on enhancing customer experience and providing confidence to merchants and payment processors to focus on revenue optimization strategy rather than on fighting frauds. eCommerce fraud prevention vendors are focusing on improving their technology value proposition by enhancing the performance of their advanced machine learning models, leveraging AI, automation, and advanced analytics, and increasing partnerships for consortium data to improve the accuracy and speed of fraud detection. An advanced fraud prevention platform helps in implementing an effective fraud management strategy and offers the fundamental values.

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Vymo Strengthens Its Operational Resilience to Mitigate Cloud Risks for Financial Institutions

Vymo successfully demonstrated its Business Continuity & Disaster Recovery (BCP & DR) capabilities in the production environment, significantly improving the platform’s uptime.

Vymo, the world’s leading sales engagement platform for financial institutions, recently announced that it has upgraded its Business Continuity & Disaster Recovery (BCP & DR) capabilities and implemented built-in redundancies for data availability & protection. Vymo’s high-availability data architecture ensures customers have access to their data whenever they need it.

The challenge of resiliency and security remains a key priority for IT leaders across the banking and insurance industries. Regulators increasingly require service providers to have a strong business continuity strategy that will allow them to fulfill their responsibility to their consumers and prevent any service interruptions, like those during the pandemic.

Read More: SalesTechStar Interview with Bart De Muynck, CIO at project44

Vymo’s approach to a lean and agile cloud playbook replicates data across multiple zones and regions. In the rare occurrence that a data center fails, customers can continue operating their business from the other data center without worrying about data loss. This improves the overall CSAT and allows customers to reliably run their businesses.

“Some of the world’s largest banks and insurance companies rely on Vymo to provide real-time and always-on data accessibility to their teams for supporting their customers. With the industry adopting a cloud-first approach, we are continuously improving our data infrastructure which is consistent with our client’s business operations. This further enables our customers to increase operational efficiency, streamline analytics and enable better decision-making to outpace industry changes,” says Venkat Malladi, Co-Founder & CTO of Vymo.

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Existing customers are being migrated to the new cloud architecture without any disruption for end-users. Currently, Vymo is able to demonstrate a Recovery Point Objective (RPO) of less than 2 minutes and a Recovery Time Objective (RTO) of 4 hours.

“Our focus has been to provide stable cloud infrastructure to our customers. We are closely collaborating with our customers across North America & Asia to ensure a seamless transition to the new cloud architecture. Over the next few quarters, we are investing more on periodic recovery drills, technology upgrades to assist seamless data & services migration across data centers, and load testing of services to further improve our RTO & RPO benchmarks,” adds Sujay Koduri, SVP – Engineering at Vymo.

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Transforming Critical Procurement Operations to Help Tackle the Economic Downturn and Deal with Looming Productivity and Efficiency Gaps

Key findings by the “2023 Key Issues” report by The Hackett Group:

  • Economic downturn presents the main challenge for most organizations

  • In this climate, procurement plays a critical role in increasing business resilience

  • Workload for procurement teams is expected to increase by a median of 10.6% in 2023, while procurement staff headcount will only rise by 3.2%

  • Consequently, nearly half the surveyed organizations are planning to accelerate their digital transformation further, particularly in contract lifecycle management, supplier risk and performance management, supplier onboarding and spend analysis

Ivalua, a global leader in spend management, commented on the findings from the “2023 Key Issues” report, published by The Hackett Group, which confirmed that two-thirds of responding organizations consider the economic downturn and recession as their main concern and driver for further transformation for the year ahead.

The report identified Procurement’s top priorities for 2023 as ensuring supply continuity, combatting inflationary pressures and reducing spend cost. While inflationary pressures have driven a shift from traditional negotiations to strategies such as improving supplier relationships, cost modelling, adjusting contract terms or even hedging, the current environment is now providing more opportunity for aggressive spend cost reduction.

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Nearly half of them (45%) see accelerating digital transformation as the main course of action to navigate the challenging economic environment. In particular, procurement organizations plan to increase investments in supplier risk and performance management, supplier onboarding, contract lifecycle management and spend analysis more significantly in 2023.

“To succeed in today’s volatile economy, businesses must take a more collaborative approach to their supplier relationships”, said Alex Saric, Ivalua’s Chief Marketing Officer (CMO). “Technology plays a critical role in enabling the greater transparency into and engagement with suppliers required so it is not surprising to see a strong focus on procurement digitization. With the right technology, procurement teams can not only help insulate their organizations from external disruption and increase supply chain resiliency but also, empowered by meaningful insights, play a key role in supporting strategic business decisions.”

Read More: ICM in recessionary times

While most organizations are generally positive about their maturity in strategic sourcing and talent management, the majority feel less confident about processes such as supplier relationship management, third-party risk management, and supplier performance management.

Additionally, whilst procurement teams’ workload is predicted to increase by a median of 10.6% in 2023, procurement staff headcount and procurement operating budget are expected to grow by just 3.2% and 2.8% respectively, highlighting potential productivity and efficiency gaps. To narrow these gaps, procurement organizations are expecting to increase their technology spend by a median of 5.7%.

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Pipedrive Announces Growth Strategy for its Marketplace Ecosystem in 2023

Customers’ highest demand is for apps supporting customer communication, automation and lead generation.

Pipedrive, the easy and effective sales CRM for small businesses, today announced that it has reached 400 app integrations to-date on the Pipedrive Marketplace, an ever-growing ecosystem designed to help customers seamlessly sync business data all in one place. Pipedrive also confirmed its growth strategy for the ecosystem in 2023 to deliver continued value to its customers and help them close more deals, faster.

“Our ecosystem is all about amplifying Pipedrive’s value”

With more than 400 app integrations and connectors, the Pipedrive Marketplace enables customers to sync their data across systems all in one place. “Our ecosystem is all about amplifying Pipedrive’s value,” said Pipedrive CPO Shaun Shirazian. “How effective a CRM is depends on how well it interfaces with the rest of the organization and the tools used by different teams. By integrating Pipedrive, an easy-to-use and effective sales-first CRM, with apps available through our third-party ecosystem, we can offer small businesses a complete, customizable and agile tech stack that covers the revenue management lifecycle and supports their growth.”

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“With a user satisfaction rating of over 4.25 out of 5, the ecosystem has already become integral for most Pipedrive customers,” added Shirazian. “Today, nearly 60% of Pipedrive’s total userbase and more than 82% of its high-value customers have integrated their CRM with other apps. We hope to see that percentage grow this year by expanding the selection of available apps in our Marketplace.”

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In 2022, more than 132,000 users installed at least one app from the Pipedrive Marketplace. The most popular app categories were bots and messaging, phone and video calls, marketing automation and lead generation.

Earlier this year, Pipedrive API was recognized as one of the most popular APIs for developers by Postman, a world-leading public hub for developers to design, build and test their APIs.

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

With a Two-Year Revenue Growth of 230%, Real Time Technologies Ranks No. 86 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies

Companies on the 2023 Inc. 5000 Regionals: Southeast list had an average growth rate of 174 percent.

Real Time Technologies (RT²), a leading enterprise software platform company delivering retail activation, point-of-sale (POS), payments, business intelligence, and inventory management solutions to the wireless industry, has been named No. 86 on the third annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.

“Real Time Technologies is honored to be named as one of the Inc. Southeast’s fastest-growing private companies,” said Omar Azrag, CEO and President of RT². “We expect our rapid growth to continue as we look to cement our position as the market leaders in the provision of enterprise software solutions to the wireless industry. Our customers remain at the center of everything we develop and deliver, and we are determined to ensure they can spend more time on their business than in their business when it comes to their retail distribution and the delivery of world class service at point-of-sale.”

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Real Time Technologies is a leading enterprise software platform company delivering retail activation, point-of-sale (POS), payments, business intelligence and inventory management solutions to the wireless industry. RT² is the largest wireless retail management provider in the U.S. with over 13,000 wireless retailer locations nationwide, where $10 billion of transactions are completed on its platforms. With its recent acquisition of the IAS payments business from InComm, RT² now also serves expanded geographies in Canada and Puerto Rico.

The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2019 and 2021, these 200 private companies had an average growth rate of 673 percent and, in 2021 alone, they added 25,844 jobs and nearly $7 billion to the Southeast region’s economy. Companies based in the Miami, Florida, Fairhope, Alabama and Covington, Louisiana areas had the highest growth rate overall.

Complete results of the Inc. 5000 Regionals: Southeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southeast starting February 28, 2023.

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disruptors and job creators, and all delivered an outsized impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.

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Genesys Announces Strong Fiscal Year 2023 Results

Genesys Cloud CX revenue growth of approximately 50% year-over-year propels company past $2 billion total revenue

Genesys, a leader in cloud experience orchestration, announced highlights from the company’s fiscal year 2023 (February 1, 2022, to January 31, 2023). The company continued its strong momentum, surpassing $2 billion total revenue. The Genesys Cloud CX platform continues to gain market share, with revenue increasing approximately 50% year-over-year to greater than $800 million and has achieved its largest new bookings quarter ever in Q4. Additionally, Genesys was named a Leader for its ability to execute and completeness of vision in the 2022 Gartner Magic Quadrant for Contact Center as a Service (CCaaS). Genesys was also ranked number one in three out of five use cases in the Gartner Critical Capabilities report.i

“Today’s economic uncertainty has underscored the importance of the experience in winning customer and employee loyalty and ultimately driving the bottom line,” said Tony Bates, CEO and Chairman of Genesys. “Companies see Genesys industry leading experience orchestration capabilities as a game changer in this predominantly digital landscape for its ability to turn impersonal transactions into personal connections.”

“Our Genesys Cloud CX platform provides the flexibility and fluidity that enables organizations to innovate their customer and employee experiences and deliver empathetic, personalized experiences at scale,” continued Bates. “As an all-in-one platform, it’s unmatched in its ability to transform and modernize how organizations connect with people, integrate real-time data, optimize proactive, personalized engagement and deliver a true loyalty differentiator.”

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Genesys Growth and Profitability

  • Total revenue of greater than $2 billion
  • Genesys Cloud CX revenue of greater than $800 million, up approximately 50% year-over-year
  • Approximately 45% of total revenue from outside of North America
  • Genesys Cloud CX net revenue retention of greater than 120% in the fiscal fourth quarter
  • More than 400 customers with greater than $1 million annual recurring revenue (ARR), including 200 Genesys Cloud CX customers
  • The average number of unique agents for each of the top 50 Genesys Cloud CX customers increased approximately 30% year-over-year to nearly 8,000
  • Genesys Cloud CX software gross margin of greater than 80%
  • Strong profitability and liquidity, delivering mid-20s Adjusted EBITDA margin and ending the year with over $500 million in cash and cash equivalentsiii
  • Expanded Genesys Cloud CX to 12 core regions and 4 satellite regions around the world with three new satellite regions launched in ParisJakarta and Hong Kong. Genesys Cloud CX services are deployed in Amazon Web Services (AWS) Regions and AWS Availability Zones.

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Industry Recognition

Genesys continues to receive industry recognition and accolades for its market leadership in experience orchestration, innovation, execution strength, and fostering a workplace culture focused on the needs and growth of all employees, among other areas. During the year, the company was recognized as:

  • A Leader in The Forrester Wave™: Journey Orchestration Platforms, Q2 2022iv; and the Omdia Universe: Customer Engagement Platforms, 2022-2023v evaluated for its orchestration and analytics capabilities that provide individual context across the customer journey, important capabilities in connecting every touchpoint and experience across sales, marketing and service
  • A Driver of ROI for customers with differentiated AI and automation capabilities in the IDC PeerScape: Lessons Learned from Implementing Conversational AIvi
  • A Leader in cloud contact center by Frost and Sullivanvii, earning first place in innovation around the world
  • A Leader in the Forrester New Wave™: Conversation Automation Solutions, Q3 2022viii for its comprehensive conversational AI capabilities that span marketing, sales and service use cases, including Exceed.ai® by Genesys
  • A Great Place to Work® throughout the world, with certifications in the United StatesUnited KingdomCanadaIrelandJapanBrazilPhilippines and India. It also has been named a Best Place to Work for Women in India and the UK.

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FieldRoutes Introduces The Fame-Worthy Leaders Of Field Service

Season 1 of the FieldRoutes Field Famous podcast will launch March 7, 2023, presenting stories of dedicated professionals from the pest control and lawn care industries.

FieldRoutes, a ServiceTitan company and a leading cloud-based and mobile SaaS provider for field service businesses, today announced the launch of its Field Famous podcast, a new show for listeners and viewers to hear stories of driving success, overcoming challenges, and reaching goals from pest control and lawn care professionals.

“FieldRoutes salutes the hard-working professionals in the industries we serve,” said Patti Newcomer, chief marketing officer for FieldRoutes. “FieldRoutes is invested in empowering those in the field service industry to reach their goals and grow their businesses. The Field Famous podcast provides a dynamic new medium through which we will showcase their achievements.”

Field Famous, which makes its debut with the launch of Season 1, will be hosted by Dr. Christopher Fasano, director of growth marketing for FieldRoutes. Dr. Fasano, a neuroscientist passionate about connecting with others to understand their journeys and a veteran podcast presenter, began laying the groundwork for Field Famous to a positive reception at the National Pest Management Association’s annual conference, PestWorld, in October 2022 in Boston, Massachusetts.

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No two stories of success and no two experiences are the same in the pest control and lawn care industries

Episodes will feature interviews with industry leaders achieving what FieldRoutes calls “fame-worthy” status in pest control and lawn care. FieldRoutes recognizes that fame-worthy achievements look different for everyone. It might mean maximizing their profit margins, being known by name in a market, or scaling a business so they can make it home in time for dinner with their family.

The podcast, available on platforms including Apple Podcasts, Spotify, and YouTube, will cover a wide variety of topics including technology, business growth, and marketing. Field Famous guests will inform and inspire others in the industry through their interviews.

In one of the first episodes, Adam Creed, the recruiting director for ABC Home & Commercial Services in Texas, discusses proven strategies companies can use not just to fill jobs but to fill them with top talent. In another, Breanna Neerland of Kwik Kill Pest Control explains how she brought positive change and efficiency to her second-generation family business in Madison, Wisconsin, and why her leadership in the state’s Professional Women in Pest Management (PWIPM) chapter matters to her.

The Field Famous podcast is an opportunity for FieldRoutes to help ensure these industry professionals, regardless of their software provider or company affiliation, get the recognition they deserve by celebrating their accomplishments for all to hear.

“No two stories of success and no two experiences are the same in the pest control and lawn care industries,” Newcomer said. “Listeners and viewers of Field Famous, whether they’re business owners, field employees, office staff, or others, will come away as energized by what they can learn from these real stories and by the people telling them as we are at FieldRoutes.”

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NewStore Unveils First-Ever Global Edition of Its Omnichannel Leadership Report

Italy leads the way in omnichannel competency, but Europe and Australia still trail North America

NewStore, a modular, mobile-first omnichannel cloud platform for retail brands worldwide, today announced the first-ever global edition of its Omnichannel Leadership Report. In this version, NewStore audited the omnichannel capabilities of 275 retail brands across six markets: Australia, France, Germany, Italy, Spain, and the U.K. The company also incorporated data from its 2023 North America report, released in October 2022, to compare the progress of digital transformation initiatives across regions.

NewStore leveraged a team of third-party mystery shoppers to conduct the research, auditing each retail brand’s online, mobile app, and in-store shopping experiences. The results helped determine overall score percentages as well as score percentages for each report category. Through this process, NewStore identified the following brands as the 2023 Omnichannel Leaders across Europe and Australia:

  • Marks & Spencer (U.K.)
  • Calzedonia (Italy)
  • Moncler (Italy)
  • Gucci (Italy)
  • Cotton On (Australia)

The global edition of the Omnichannel Leadership Report also assessed the overall omnichannel maturity of each region. Individual countries were assigned a score percentage reflecting the average performance of the brands in that market:

  • Italy – 40%
  • U.S. – 36%
  • Australia – 34%
  • Spain – 34%
  • Canada – 32%
  • France – 30%
  • U.K. – 30%
  • Germany – 26%

While Italy was the clear leader, earning the highest overall score percentage and three out of the top five omnichannel leaders, Europe as a whole (32%) and Australia (34%) trailed North America (36%) in omnichannel competency.

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NewStore determines omnichannel competence by looking at the adoption of specific capabilities essential to the customer journey across a brand’s online, mobile, and in-store experiences. The following data points highlight some of the cornerstone omnichannel features NewStore assessed for this report and how they differ across regions:

  • Contactless Payments: 96% of global brands offer contactless payments, compared to 76% in North America.
  • BORIS: 62% of global brands allow customers to return items bought online in-store, compared to 72% in North America.
  • Click-and-Collect: 59% of global brands allow customers to buy products online and pick them up in-store, compared to 54% in North America
  • Associate Mobility: 31% of global brands equip store associates with a mobile device, compared to 32% in North America.
  • Mobile Shopping Apps: 23% of global brands provide a branded app, compared to 33% in North America.

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“Consumers don’t think about the channel they use to buy products. They simply want the experience to be consistent, regardless of when, where, and how they decide to shop,” said Stephan Schambach, Founder and CEO, NewStore. “The global edition of our Omnichannel Leadership Report shows that smart brands have woken up to the fact that multichannel strategies are no longer enough to meet this shift in expectations. Retailers should continue to focus on building seamless, omnichannel experiences that meet the needs of their customers across regions.”

In order to remove bias, NewStore excluded the 60 plus brands on its platform from the study, which by definition would be omnichannel leaders.

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SalesTechStar Interview with David von Rothenburg, VP Sales and Alliances at Pitcher

What are the two most crucial aspects that can determine how well sales teams can draw ROI from new salestech? Catch some of these insights from this recent chat with David von Rothenburg, VP Sales and Alliances at Pitcher where we address this and more:

 

___________

Welcome to this SalesTechStar chat David, tell us about yourself and more about your role at Pitcher…what inspires you about being in Sales?

Thanks for having me. At Pitcher,  I am responsible for growing our revenue footprint and ensuring that our overall sales performance meets (or really exceeds) our targets.  I joined a little over two years ago because Pitcher’s platform for sales engagement aligns perfectly with what I value as a seller – effectiveness and proven value.

That’s what inspires me – listening and learning about a customer’s or prospect’s pain points and being able to demonstrate – quickly and adequately – that we can solve that issue. It’s really about developing teams to function as partners in the trust sense of the word. It’s rewarding for both sides.

Take us through some of the core global sales/expansion frameworks and strategies that you often rely on and the salestech that helps you power all of it?

Especially as buyers’ groups have evolved and their needs have changed, I find that the most effective approaches are those that lead with listening. An approach needs to, as a fundamental first step, understand the buyer and work from there.

Solution selling is gaining popularity in response, and the days of just spouting product features and signing sales are over. At the same time, this customer-centric approach has to be optimized to scale effectively – there are only so many hours in a sales rep’s day.

A data-driven approach is what we’ve found to be most successful. Optimizing data means mining your CRM, customer engagement channels, web analytics, sales enablement tools, and any content management systems you’re using, then leveraging that data for insights about your sales funnel.

On the macro side, data can show how you’re doing with market share and whether your team will hit quote, but more importantly, data can help you discern who your ideal customer profiles should be, when and which offers to promote, what are the best performing assets, and trends around the behaviors of your top sellers.

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As B2B sales evolves and sales teams redefine how they intend to conduct everything in the typical prospecting cycle from outreach to cold calling: what are some of the core elements in sales that you feel should always remain and those that modern day sellers should focus on including as part of their processes more now than before?

Like any sales leader, I’m well aware of the studies that show how popular self-service in B2B sales has become. That underscores what I think is the core of any sales interaction – a core that’s even more important given that  there’s less and less face time (digital or in-person) between reps and customers. It’s about delivering the right information, at the right time, in the channel of choice so that customers can see for themselves how you can solve their problem.

That used to be a finely-tuned skill that improved over decades of experience. While “people skills” will always have an important role,  sales departments are increasingly relying on technology to equip sellers with personalized, tailored information. It’s a blend of what I mentioned earlier, that kind of optimization where you’re enlisting massive amounts of data that can be distilled into specific, personalized content in each unique situation. So people skills aren’t going away, but smart organizations are supercharging them by transferring the administrative burden of content selection and production to technology.

Take us through some of the biggest sales faux pas you’ve seen even larger teams at leading brands make and what you’d share as solutions to these challenges/common mistakes?

The biggest mistakes organizations make is assuming that new or more tools means more effective selling. Anybody who has been in sales knows that even the best CRM systems have alarmingly low entry rates because too often, data entry is just presented as one more task for the seller to complete. Organizations don’t communicate how that data entry can benefit the rep in the long run, so sellers see it as pointless and arbitrary.

The same goes for a lot of sales technologies. They can promise all the bells and whistles, but at the end of the day, sales representatives that don’t see instant value, or don’t understand how it’s going to help them sell, will find workarounds or contribute the least amount of effort required of them.

The solution is two parts.

First, any decision maker needs to understand what a sales rep’s day looks like. That’s what we did at Pitcher – we literally analyzed the activities of sales representatives to get an acute understanding of what they needed and how it would benefit them. And we did it in all of our target industries because selling to a manufacturing conglomerate looks very different from selling to a financial services firm. So that’s the first part.

The second part is training. Time is valuable, but if you don’t invest time in training your sales teams on how to maximize new technologies and processes –and communicating how it benefits them– then people simply won’t use it.

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What according to you will be the few top dominating trends in B2B sales in 2023?  

Content automation and ROI – given how huge the investment is in content, I think we’ll see the development of more formal processes for evaluating its impact on the bottom line.

I also think we’ll see different ways of measuring sales effectiveness. For too long, sales organizations have privileged efficiency over everything, but as buyer groups become more distributed, speed and fluency in sales doesn’t have as much impact.

A few thoughts on the future of salestech – how you feel this segment will shape up to look over the years?

I really don’t think we’ve seen the full fallout of how buyers’ preferences for digital channels has changed the entire sales process.

Technology, content, training, coaching, data analysis – all of these are impacted by this shift, and sales organizations that try to shoehorn existing processes will find out the hard way that it’s not enough.

Engagement is still the constant of any sales process, but the approaches, tools, and processes for boosting engagement are constantly evolving.

Pitcher

Pitcher is a leading end-to-end sales enablement and engagement platform that empowers your customer-facing teams to fully engage your customers and prospects.

David von Rothenburg is the Vice President of Sales and Alliances at Pitcher. David has decades of experience in developing successful sales strategies and team management. David has a relentless focus on added value for customers and the value technology can bring to their processes and teams. Prior to Pitcher, David served as Enterprise Sales Director (DACH) at Showpad, Senior Regional Sales Director (EMEA) at ProQuest, and in a number of sales leadership roles at Wolters Kluwer Health.

Missed The Latest Episode of The SalesStar Podcast? Have a quick listen here!

Episode 155: How Employee Recognition Programs Can Keep Salespeople on Their Toes: with Kevin Yip, Co-founder and President of Blueboard

Episode 154: B2B Business Development Tips for 2023 with Brian Bero, cofounder and VP Sales, Strike Graph

Episode 153: Personalization and the Future of Sales with Collin Mitchell, Chief Evangelist at Humantic AI