Lead To cash Process in Cloud CRM system
Salesboom.com is the world's #1 Cloud Based CRM Business Management System suite, it's a fact proved by our clients' testimonials which declares that salesboom.com is the most user friendly online CRM software on the cloud since 2003.
Salesboom Cloud CRM software streamlines your Lead-to-cash process; it ensures a smooth flow from the lead to the opportunity and delivers a price quotation to finally turn to cash after sending the invoice to a client.
The Lead-to-cash process deals with the whole product cycle or customer life cycle from the initial contact with a potential client to debt recovery through court action.
The Salesboom CRM solution provides a Smooth and robust lead-to-cash business process. Take advantage of the best front-office with the best back-office applications, this integration delivers a solution that gives a streamlined, end-to-end Lead to Cash process, which in turn allows a faster time to market for new products as well as a faster time to gain revenue.
The market with all its shakiness has an impact on business activities and lead management process. In this volatile environment, lead qualification and management are a priority in any business. The collaboration between your sales marketing and customer support teams is a key point in maintaining a relevant service offering in an ever-evolving market.
The current highly competitive environment requires comprehensive customer and prospect analysis to assure maximum customer knowledge. As a result, let's illustrate the power of salesboom cloud CRM system Lead-to-Cash process; First of all you must know what the lead is actually?
Leads guarantee your company's chance to grow and get more market share of your industry. Leads usually used as a link between marketing and sales departments, which will guarantee an inner collaboration between your staff and enable you to measure marketing and sales staff performances. Leads don't provide you with complete details of prospective business opportunities, but they can help you to find out more and more about potential clients and also, enable you to target a specific people who need your products and services, to gain more leads.
Lead Processing in Cloud CRM is devised to help automate the initial pre-sales process, enable your sales department to focus on the most valuable prospects and opportunities.
By adopting Salesboom Online CRM lead management solution, you able to do the following:
- Ameliorate both your response rates to client's requests and your understanding of clients needs.
- Generate more qualified leads which will increase your revenues.
Every Lead will be contacted by a sales rep in order to know if this lead will be an opportunity for your company after recording this lead as an account.
The Opportunity field is used to preserve and qualify important company leads to be a permanent client. Also, Opportunity process enables you to know your active clients which allow you to treat them well and make them happy because they are the core of your business.
Let's talk about the next step of the Salesboom Cloud CRM Lead-to-Cash Process which is the Quotation Process. The quotation process is used in order to give your client a confirmation that you will deliver a specific quantity of products at a specific price, and at a specific time. After the Quotation creation process if you get an acceptance response from your client then you will create an invoice. After the Quotation process, you will get an acceptance response from your client then you will create an invoice that match with what was written in the quotation form. Eventually, after sending the invoice to your clients you will gain your revenues in cash or by check.
Salesboom Cloud CRM Software automates your lead-to-cash process for maximum efficiency and accuracy. With Our Online CRM solutions, your sales team can be more professional and effective while generating sales orders directly from your opportunities. Sales orders drive your order forecasts. Since salesboom is on the cloud, everyone—your clients, employees and partners—has the right and full visibility into sales orders, product inventory, invoices, and payments. As a result, if you fulfill orders from different suppliers or contract manufacturers, salesboom will help you coordinate your global supply chain easily. Eliminate slow and inaccurate manual processes with salesboom CRM Automation tools. Improve the accuracy of your forecasts. Provide better information and quick responses to your clients.
The Salesboom Lead to Cash Process enables businesses and their partners to support the most basic business process. The lead-to-cash process subsumes everything from the lead, contact, quote, contract and delivery of goods and services to depositing the money in the bank.
The Lead to Cash cycle with Salesboom Online CRM solution provides a wide variety of enterprise services that can be used to build flexibility and innovation into this important process.
The Lead to Cash business process allows users to follow a lead across the life cycle of the entire business processes. The initial data load processes allow bulk loading of clients, products, and price lists.
In the Lead to Cash process, Sales and customer support representatives, they first determine if the client is new or already exists in the system. For new clients, they capture all of the pertinent information and create an account in Salesboom Online CRM Software. Next, the Sales rep creates the required orders.
It is good practice to do the availability check to ensure that the clients’ order can be fulfilled successfully in the back office. For new clients, or depending on the value of the order, it is also possible to calculate shipping charges before an order is submitted to the back office.
Sales order updates, including taxes and shipping charges due to order fulfillment in the back office, are synchronized to Salesboom Cloud Based CRM solution. This means that users can access the latest order status, thereby serving clients better without having to toggle to a different application.
Once you truly gain full visibility into your company's business processes, you'll never want to go back to the dark again. We guarantee it. Take a Free Cloud CRM Software 30-day Trial today, or contact us directly for more information: 1.855.229.2043 or via e-mail at sales@salesboom.com.