Sales Archives

How to integrate PayPal into an onboarding process

How Integrate PayPal into an onboarding process

on October 15, 2022

The digital onboarding process is becoming more and more popular with competitive advantages for different sectors of a business.

It is an effective tool also for Sales, for the acquisition of new customers and for the retention of existing customers, capable of improving and simplifying the Customer experience as well.

Through the adoption of a platform for contract automation, the onboarding process becomes compliant, agile and intuitive for Sales.
It can simplify and speed up the entire negotiation, including payments, integrating PayPal into an onboarding process.

Reading time: 3 min

Five great articles for your summer!

on July 25, 2022

September is just around the corner, and you want to return to work after a well-deserved break, fresh and recharged.

We are happy to suggest a list of articles for your summer that have received the most comments and appreciation from Trakti community. Please find them below.

Automated Supplier Acquisition and Verification: A Strategic Key for Procurement and Sales

on July 20, 2022

Contractual onboarding and supplier qualification, especially when regulation and controls require human work, are often characterised by delays and frustration, as comprising numerous players and moving parts. The vendor completes an onboarding form that includes general and financial information. This stage might also involve the legal team, to ensure it from a legal, compliance, and security standpoint.

Tempo di lettura: 3 minuti.

How to set up and streamline an effective offer evaluation

on July 11, 2022

Do you know how well your sales representatives are reviewing every contract prior to signing it? Does their performance meet your expectations for a quality customer experience? Are they following all the correct processes, remaining compliant, and getting the outcomes you want? The only way to answer all these questions is by learning how to set up and streamline an effective offer evaluation.

Traditionally, procurement has been viewed as a function of the back office, but this area is now the target for intelligent automation. In fact, many organizations are expanding procurement into playing the role of a strategic partner for driving enhanced cost savings, efficiency, market resiliency, and business objectives. In addition, intelligent automation can empower this particular transformation.

Unquestionably, procurement should be focused on improving business process speed so that employees will have more time on their hands to focus on higher-value projects. As such, this is where much of intelligent automation’s value can be found – by dramatically reducing the number of error-ridden repetitive tasks and processes.

Reading Time: 3 minutes

Developing a trusted sales network via smart legal contract

on June 7, 2022

Sales success requires a great deal of planning. From identifying and nurturing leads to renewing and retaining existing customers. While CRM platforms have managed to enhance sales efficiency and provide visibility, there’s still room for improvement.

We already know how essential business documents are for the multitude of tasks that distract reps from selling. Documents connect every area of a business and enable information sharing across departments. They’re also the source of almost all sales-related work and day-to-day tasks: 50% of knowledge workers’ time is spent creating and preparing documents, and 92% of professionals still collaborate on and review documents by email.

How to set incentives not only based on individual sales but relations

How to set successful incentives for sales with smart legal contracts

on May 26, 2022

When you manage a team of sales reps, your compensation structure is responsible for the success rate of your team. But sales targets aren’t everything and the relationship that your agents can nurture with clients is just as important for your brand.

The answer is not always simple – should you offer bonuses or commissions for high customer retention rates? Does a fixed salary or variable compensation make the most sense for your team?

Increase sales compliance through contract automation

on December 3, 2021

Blockchain has the potential to fundamentally change the way organizations do business.

In the retail sector, blockchain is finding a lot of applications: from revolutionising loyalty programs and digitising product warranties to potentially allowing for the development of peer-to-peer marketplaces that could compete with the likes of eBay or Airbnb.

Let’s see how increase sales compliance through contract automation …

Reading time: 4 minutes. Photo by Cam Bradford on Unsplash