Sendoso Grows Average Deal Size by 15%
Andrea Chávez
Key Challenges
Increased deal size
Sendoso has used DealHub to implement automated pricing mechanisms that protect profit margins and limit rogue discounting. In addition, discounts that fall under a fixed threshold are now automatically approved, while discounts above that threshold are automatically routed to the appropriate approver. This has had the added benefit of accelerating the discount-approval process.
This system of guard rails has empowered AEs to be more confident about Sendoso’s pricing, while driving them to adhere to best practices and be more conservative in discounting. In the immediate quarter after implementing DealHub, Sendoso experienced 15% growth in average deal size.
Less time to create proposals
Since bringing DealHub on board, AEs can easily create and revise agreements and share them with customers. It now takes less than 10 minutes to create a sales proposal with accurate pricing and relevant terms of service, giving sales teams more time to focus on selling. In addition, any changes to quotes and contracts are automatically synced to Sendoso’s Salesforce CRM – so their records are always up to date.
A better buying experience
Sendoso’s new DealRoom brings the entire buyer/seller committee into a single digital location. This branded and collaborative environment creates a personalized “wow” experience every time it’s sent to one of their customers.
'Combine this with the impact of providing more accurate, comprehensive and professional-looking quotes, and this experience gives mid-market and enterprise buyers the confidence they need to buy from Sendoso.'
This DealRoom includes all the relevant information and functionalities to help buyers and sellers close the deal. Sellers can provide personalized sales collateral and the most relevant legal documents for each deal. Meanwhile, buyers can instantly loop in relevant stakeholders, and quickly go from quote-to-close with features like contract redlining and integrated eSign.
Solutions Used
Impact by the numbers
80%
less time to send sales proposals
3
fewertools required to send and sign sales proposals
27%
reduction in time to reconcile commissions
Choosing Nextshore
As Sendoso scaled their sales organization, they recognized the need for a CPQ solution that would enable them to send quotes quickly and accurately, and also assist them with contract management and subscription management.
Sendoso chose DealHub over other CPQ and document-automation solutions because DealHub CPQ also met all of their contract-management needs– eliminating the need to purchase an external tool or depend on an integration to complete the sales stack.
'AEs would spend an average of 30 minutes creating and editing sales proposals for each customer.'
Furthermore, they needed a solution that would be easy to implement within a few months – so it would be ready in time for when they rolled out their updated pricing.
Key Successes
Increased deal size
Sendoso has used DealHub to implement automated pricing mechanisms that protect profit margins and limit rogue discounting. In addition, discounts that fall under a fixed threshold are now automatically approved, while discounts above that threshold are automatically routed to the appropriate approver. This has had the added benefit of accelerating the discount-approval process.
'This system of guard rails has empowered AEs to be more confident about Sendoso’s pricing, while driving them to adhere to best practices and be more conservative in discounting. In the immediate quarter after implementing DealHub, Sendoso experienced 15% growth in average deal size.'
Less time to create proposals
Since bringing DealHub on board, AEs can easily create and revise agreements and share them with customers. It now takes less than 10 minutes to create a sales proposal with accurate pricing and relevant terms of service, giving sales teams more time to focus on selling. In addition, any changes to quotes and contracts are automatically synced to Sendoso’s Salesforce CRM – so their records are always up to date.
A better buying experience
Sendoso’s new DealRoom brings the entire buyer/seller committee into a single digital location. This branded and collaborative environment creates a personalized “wow” experience every time it’s sent to one of their customers. Combine this with the impact of providing more accurate, comprehensive and professional-looking quotes, and this experience gives mid-market and enterprise buyers the confidence they need to buy from Sendoso.
This DealRoom includes all the relevant information and functionalities to help buyers and sellers close the deal. Sellers can provide personalized sales collateral and the most relevant legal documents for each deal. Meanwhile, buyers can instantly loop in relevant stakeholders, and quickly go from quote-to-close with features like contract redlining and integrated eSign.
Impact by the numbers
94%
reduction in time to reconcile commissions
120 more
sales proposals sent
3%
tools required to send and sign sales proposals
