CSM Practice

MAY 16, 2020

At CSM Practice, we are following the Covid-19 situation and its impact on customer success closely. And as we collectively work together to lower the curve, we would like to provide some guidance based on best practices to smoothen customer journeys during the Coronavirus pandemic. 1. Be Customer-Centric.

Best practices 52

Best practices SaaS Customer centricity Finance 52

Totango

JUNE 26, 2020

By embracing the following customer retention best practices, you can guide your customers through the current business landscape and be poised to thrive on the other side. The COVID-19 pandemic has had an economic impact that threatens to cause a lasting downturn in SaaS business. What Customer Success Can Do.

SaaS 98

SaaS Customer retention Best practices Telecommunications 98

ClientSuccess

DECEMBER 21, 2020

While all SaaS organizations saw their fair share of ups and downs, there were plenty of changes, challenges, and opportunities for customer success teams to keep things interesting. Instead, every single department – from marketing to product to finance – should be accountable for ensuring amazing customer experiences.

Finance 93

Finance SaaS Best practices Accountability 93

ClientSuccess

OCTOBER 26, 2020

In today’s ever-changing corporate landscape, modern SaaS organizations are asked to be a lot of things: employee-centric, focused on new business, and profitable against goals – just to name a few. One characteristic that is often overlooked (or left out completely) is being customer-centric. What does it mean to be ‘customer-centric’?

Customer centricity 71

Customer centricity SaaS Finance Best practices 71

ShepHyken

APRIL 7, 2023

This week, we feature an article by Manpreet Singh Chawla, senior digital marketing executive at Knowmax , a SaaS-based organization that offers knowledge management solutions for various industries. According to customer service best practices, understanding what customers want should be the first step for firms.

Advertising 120

Advertising SaaS Multichannel Wait times 120

CustomerSuccessBox

SEPTEMBER 4, 2019

The Accounts/Finance to raise invoices or confirm if the payment has been made. The Marketing team for facilitating case studies, success stories, best practice docks, etc. Kritika Kishor is a Customer Success enthusiast, who loves making people successful in what they are trying to achieve with SaaS based platforms.

SaaS 78

SaaS Accountability Best practices Finance 78

ChurnZero

MAY 13, 2022

Because as the industry evolves, best practices change. Get the finance team on your side. “If If you are an actual revenue team, finance is going to be really interested and should be really interested in just about everything you say. What’s the most effective way to gather customer feedback?

Chief Customer Officer 98

Chief Customer Officer Finance Feedback Surveys 98

ClientSuccess

JULY 11, 2017

As SaaS organizations of any size can attest to, winning new clients is only half the battle. For SaaS companies, it’s foundational that every single department feel dedicated to creating a culture of customer success. Ultimate Guide to SaaS Customer Success Metrics. Ensure CSMs Are Aligned to Customers’ Goals & KPIs.

SaaS 40

SaaS Finance Feedback Metrics 40

Calabrio

JANUARY 12, 2020

Jenny helped accelerate Calabrio’s hyper-growth mode while rapidly transitioning it to a Software-as-a-Service (SaaS) business model. She had to do it while also accelerating Calabrio’s transition to a SaaS business model—a decision with significant repercussions on financial forecasting and reporting, and product and business decisions.

SaaS 52

SaaS Finance CRM Best practices 52

Amity

MAY 24, 2016

Even if you're an expert in best practices, you'll never be able to know what works best for your team or customers without experimenting and optimizing. “Customer success in a SaaS or subscription business is all about teamwork, coordination and collaboration. Sometimes, you'll encounter conflict.

SaaS 84

SaaS Engineering Finance Metrics 84

Amity

DECEMBER 14, 2016

In the always-on world of SaaS, the role of customer success varies across companies and industries. This is our most advanced product available , and we serve customers across many different industries, from finance to technology startups and everything in between. Some teams are responsible for onboarding and training. 8-9am COFFEE.

Management 84

Management Finance Enterprise Accountability 84

Education Services Group

JANUARY 19, 2021

Last year, we, along with our CS friends at ChurnZero and Higher Logic, embarked on an ambitious project to check-in with the CS community as a whole and find out more about the industry’s current place in SaaS business and uncover the trends influencing its growth. Wherefore at thou, finance? A spotlight on Customer Success.

Finance 52

Finance SaaS Benchmark Surveys 52

ChurnZero

JANUARY 4, 2019

So, without further ado, here are twenty-two trends, best practices and predictions for the year ahead. If we’re not at peak SaaS, we’re probably close to it. Nearly every highly valued public SaaS company has net retention of 110 percent, 120 percent or more.

SaaS 73

SaaS Chief Customer Officer Education Consulting 73

Totango

JUNE 9, 2020

During the current crisis, the importance of those elements of connection, finances, and trust has only increased. Customer retention is the lifeblood of the SaaS and subscription industry. For the SaaS enterprise, that means adapting traditional customer renewal best practices to suit the current conditions.

SaaS 62

SaaS Enterprise Construction Finance 62

ChurnZero

MARCH 22, 2019

Did you know: For every 1% increase in revenue retention, a SaaS company’s valuation increases by 12% after five years? This was just one of the takeaways from our well-attended webinar this week on- Understanding the Real Impact of Improving Retention and Customer Success Best Practices. Q&A Recap.

Customer retention 61

Customer retention Upselling SaaS Customer centricity 61

CSM Magazine

JUNE 23, 2021

PCI Pal – the global cloud provider of secure payment solutions for business communications – has published a whitepaper aimed at compliance and finance professionals, contact centre heads and customer experience leaders: “Payments: The Future of Security and CX”. About PCI Pal.

Finance 52

Finance Government SaaS Best practices 52

aircall

JUNE 7, 2021

The annual turnover rate in B2B SaaS sales averages around 34%. To illustrate how an effective sales compensation model can adapt as a company grows, we’ll share some of the models and best practices that Aircall has used for our sales compensation model. Sales Commission Structure Best Practices .

Sales 62

Sales Finance Accountability Best practices 62

CustomerSuccessBox

DECEMBER 30, 2021

B2B SaaS companies are preparing for their final quarter sprint, determining metrics for the next quarter and year & working on Quarterly Business Reviews while also working on customer journey after the new year. We have rounded up some of the best practices you can use to make this internal planning successful.

Finance 52

Finance B2B SaaS Best practices 52

Calabrio

NOVEMBER 8, 2019

Jenny helped accelerate Calabrio’s hyper-growth mode while rapidly transitioning it to a Software-as-a-Service (SaaS) business model. She had to do it while also accelerating Calabrio’s transition to a SaaS business model—a decision with significant repercussions on financial forecasting and reporting, and product and business decisions.

SaaS 40

SaaS Finance CRM Best practices 40

Calabrio

NOVEMBER 7, 2019

Jenny helped accelerate Calabrio’s hyper-growth mode while rapidly transitioning it to a Software-as-a-Service (SaaS) business model. She had to do it while also accelerating Calabrio’s transition to a SaaS business model—a decision with significant repercussions on financial forecasting and reporting, and product and business decisions.

SaaS 40

SaaS Finance CRM Best practices 40

ChurnZero

MARCH 11, 2020

This is a valuable practice that increases our ability to close new business. However, SaaS companies should also be taking advantage of the opportunity to learn from churned (and renewed) customers using similar techniques. marketing, sales, finance, operations budget, etc.). Churn destroys SaaS business valuation.

Journey mapping 52

Journey mapping SaaS Finance Consulting 52

Cincom

MAY 8, 2024

This Software-as-a-Service (SaaS) approach delivers the same CPQ features on demand with a lower barrier to entry and speeds up deployment. Security: Reputable SaaS vendors employ robust cybersecurity measures far beyond what typical organizations can achieve internally.

APIs 52

APIs Enterprise SaaS CRM 52

CustomerSuccessBox

MAY 9, 2022

Doing business while keeping a pleasant client relationship has become exceedingly challenging in today’s hyper-competitive SaaS industry. Because team members are all working toward the same goals, a shared team KPI system will support the standardization of best practices and foster a sense of clarity and camaraderie.

Metrics 52

Metrics Upselling Customer advocacy CRM 52

ChurnZero

AUGUST 13, 2021

I would say, go make friends with the CFO or the finance person and find out what metrics they care about. There’s churn rate, retention rate, net revenue retention, and all the metrics now that SaaS organizations look at. Hunter: I couldn’t agree more. The Customer Success team needs to define the metric they care about.

Gamification 98

Gamification Marketing Metrics Sales 98

JivoChat

MARCH 10, 2022

The best practice is to sit down and check the data quarterly for your social media and websites. In that case, would you want to send emails to all your subscribers from other industries like medical, eCommerce, and finance? Especially if you’re a part of the B2B or SaaS industry. That’s what I thought. .

Marketing 75

Marketing Real estate Advertising Telemarketing 75

ChurnZero

JUNE 14, 2023

As the CEO and co-founder of a customer success software platform, I believe the SaaS and subscription businesses that have activated the transformative power of customer success, and the compounding effect of net revenue retention (NRR), could now be the best placed to weather 2023’s downturn and emerge stronger on the other side.

Finance 52

Finance Surveys Sales SaaS 52

ChurnZero

JUNE 27, 2023

A best practice is to keep your customer journey map to a single page. In SaaS, your product, processes, and initiatives are always changing, and supporting content can go stale. Digital-first is a process, not a destination Many of the best SaaS companies on the market today are experiencing success with a digital approach.

Journey mapping 52

Journey mapping SaaS Customer advocacy Finance 52

Education Services Group

OCTOBER 4, 2022

Best practice is to name segments based on their defining characteristics like Enterprise, Mid-Market, Growth, SMB, and Emerging. Like a SaaS text message company the ESG team recently worked with, whose engagement tiers are primarily based on product usage. However, it’s well worth the effort in the long-run.

Best practices 52

Best practices Finance Enterprise B2B 52

CustomerSuccessBox

JULY 19, 2022

Successful SaaS companies grow in two ways: by acquiring new customers and by retaining existing customers (i.e., There is no structured repository to consolidate, manage, and access best practices. In contrast, a framework covers all the best practices & fundamentals that should be present in all B2B SaaS businesses.

Upselling 52

Upselling SaaS Best practices B2B 52

JustCall

MARCH 9, 2023

Contact Center Software SaaS contact centers (cloud-based) also help you establish a calling facility with remote agents and completely eliminate the need for a physical space to house all your equipment. You get the benefit of pre-trained, industry-specific AI modules for niche businesses like banking, finance, retail, etc.

Contact center software 52

Contact center software Contact Center call center software contact center solutions 52

Global Response

DECEMBER 5, 2022

For instance, Global Response works with numerous challenging industries , including finance and healthcare—both of which bring regulatory hurdles requiring highly specialized knowledge. B2B CS means an expansive understanding of everything from software as a service (Saas) to marketing and inventory/warehousing to e-commerce.

B2B 62

B2B Customer Service B2C Multichannel 62

ChurnZero

JANUARY 4, 2019

So, without further ado, here are twenty-two trends, best practices and predictions for the year ahead. If we’re not at peak SaaS, we’re probably close to it. Nearly every highly valued public SaaS company has net retention of 110 percent, 120 percent or more.

SaaS 49

SaaS Chief Customer Officer Education Consulting 49

SmartKarrot

JUNE 16, 2020

A list of Top 8 SaaS Account Management Best Practices to help you grow your existing accounts and increase revenue. #1 This can be done through operational value-adds, support through insights, channel partnerships, technological help through systems integration & business support through special terms and financing. #6

Best practices 10

Best practices SaaS Accountability Management 10

ChurnZero

MAY 13, 2022

Because as the industry evolves, best practices change. Get the finance team on your side. If you are an actual revenue team, finance is going to be really interested and should be really interested in just about everything you say. Whats the most effective way to gather customer feedback?

Chief Customer Officer 52

Chief Customer Officer Finance Feedback Surveys 52

Education Services Group

JANUARY 25, 2023

By the way, finance email, like understanding the insights from financing, I’m not talking about like reading, creepy reading their emails back and forth to their, you know, spouse or partner about coming home late, and the pot roast isn’t done. But emails are like a black hole, it’s like the dirty secret.

Finance 52

Finance Sales Morale SaaS 52

Cincom

JANUARY 31, 2025

Seek cost-effective alternatives, such as SaaS solutions or cloud-based systems, which reduce upfront costs. 2- Blockchain Blockchain technology, the foundation of cryptocurrencies like Bitcoin, is gaining traction in industries beyond finance. Break down transformation projects into manageable phases.

CRM 40

CRM Analytics Automotive Technology 40

Amity

AUGUST 5, 2016

Prior to joining Achievers, I worked at several other successful software companies in the area of customer enablement and best practices, I knew that I loved working directly with customers, and that I had the skills and the passion to stay even more closely connected to them. But like I said -- a LOT of meetings!

Enterprise 91

Enterprise Employee engagement Metrics Best practices 91