CommerceCX is a global consulting firm, provides a complete quote to cash consultation and implementation services that fit the way you do business. We help reinvent the buying experience.
3 OTC Integration Tips to Accelerate Revenue Growth while Merging MedTech Companies. 3 OTC Integration Tips to Accelerate Revenue Growth while Merging MedTech Companies Introduction: Order-to-cash can go for a toss when more than two Medtech companies merge to become a prominent industry leader.
There are many order-to-cash processes available in the market. Hence, choosing and planning the right OTC implementation is crucial. This blog throws lights on three top OTC integration tips from the C level perspective to accelerate revenue growth. When two businesses merge, the sales territories overlap, and it creates significant channel conflicts. According to a Deloitte case study, a US-based medical device company faced the conflict of overlapping sales territories while merging with another medical device manufacturer. Hence, the leadership should decide how the OTC process will align the business priorities and a reasonable integration effort. 8 Top Ways to Optimize the Healthcare OTC Process at Every Stage.
8 Top Ways to Optimize the Healthcare OTC Process at Every Stage Highlights Order-to-cash is a series of business processes that include receiving and fulfilling customer requests for any good and service.OTC is relevant to the healthcare and MedTech industry, including pharmaceuticals, biotechnology, equipment, and distribution, apart from all other industry verticals.This blog discusses the importance of improving and optimizing the existing OTC process in the healthcare sector to enhance the customer experience.
Improvement in cash and working capital in the healthcare sector is a critical issue. Hence, enhancing the existing Order-to-Cash process for the healthcare sector is essential as per the research of Global Healthcare Exchange, LLC. They conducted this research by surveying 100 financial professionals from the suppliers in the healthcare sector. How can Order To Cash Implementation Change Your Business Strategies? Highlights Order to Cash supplements your order management process with automation, accuracy, and predictability.Industries, including e-commerce, healthcare device manufacturers, medical equipment manufacturers, pharmaceuticals, and healthcare organizations, can go for OTC implementation.This blog discusses OTC’s core concept, business values and benefits, and how it can change your business strategies.
Order to Cash or OTC is demanding for businesses in an ever-growing digital economy. It brings efficiency and accuracy to the processes and inspires businesses to give a better financial performance. OTC also drives the relationship between customers and businesses. If you optimize your existing O2C process, it will help you to focus on fulfilling bulk orders on time. Untitled. Untitled. All you need to know about Quote to Cash. All you need to know about Quote to Cash Every business goes through a sales cycle that converts a prospect to a customer.
This sales cycle is complicated if you don’t streamline your business processes. Starting from quoting to billing, your sales team does a lot of back and forth to provide the right support to the customer throughout the whole cycle. When you have hundreds or thousands of leads to respond in a single day, it’s become overwhelming for the sales team to manage consistently. In such overwhelming situations, QTC rescues your business from all complicacies! Untitled. Boost your Customer Experience with Quote-to-Cash & Salesforce Cloud- CommerceCX. Boost your Customer Experience with Quote-to-Cash & Salesforce Sales Cloud How many communication channels do you use while interacting with your customers?
One, two, three, or sometimes more. The communication channels are ever-increasing and at times it is overwhelming to monitor customer interactions in all channels. When your customer interacts with you, they seek assurance of reliability, empathy, and responsiveness from you. Hence, it is important to have a framework to monitor customer interactions in all stages of the sales process. CommerceCX’s Quote-to-Cash (QTC) implementation helps you keep an eye on customer interaction throughout the entire sales cycle. Let us see how we can help you. What are the stages of the sales process? The two common approaches are: Question approach: You ask a question to make the prospect interested. CommerceCX’s QTC implementation with Salesforce Sales Cloud We blend Salesforce Sales Cloud with QTC to monitor customer interactions in the following ways.
COMMERCECX MAKES INC 5000 LIST OF FASTEST-GROWING COMPANIES. Inc.
Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 CommerceCX Ranks in the top 10% on the 2020 Inc. 5000 With Three-Year Revenue Growth of 992 Percent NEW YORK, August 12, 2020 – Inc. magazine today revealed that CommerceCX made the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. “This honor is a testament to our team’s dedication to serving our clients and the trust our client’s place in us to help drive positive outcomes in their business” stated the founder, Vinay Toomu. Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well.
Untitled. 10 Ways to enhance your Buyer Experience with Quote-to-Cash Solutions. 10 Ways to enhance your Buyer Experience with Quote-to-Cash Solutions When you have hundreds or thousands of leads to respond to in a single day, errors happen and you get overwhelmed.
Right from sending the right quote to the right prospect to delivering the product or service, it’s a long process involving many phases. Every phase needs some attention, customization, and zero errors to make the quoting process a success. And this adds to a positive buyer experience and delighted buyer. QTC Implementation Services, Salesforce Quote to Cash Services.