Does online proposal sofware improve your close rate?

A study by GetAccept revealed that sales reps experienced a 40% improvement in win rates when using online proposal software.

Have you ever thought about how your sales team could benefit from using online proposal software?

Over recent years, businesses have started to pivot away from traditional methods like faxing, mailing and emailing documents in favor of digital solutions. Innovative technologies such as proposal software can assist sales reps when crafting winning proposals. The 2020 State of Sales report indicated a 40% improvement in proposal win rates for those using a digital platform.

With digital solutions, companies can track proposal activity, provide one-click signature capabilities, automate follow-ups, store documents in the cloud and work from anywhere using any device. Every action taken in the software is tracked and provides real-time insights into the status of a proposal. By having a transparent overview of all sales activities, teams can optimize processes quickly and increase their likelihood of closing deals.

Online proposal software can be an invaluable tool for sales teams to boost their proposal win rates. Businesses should consider investing in an online solution that allows reps to create, track and manage proposals with ease. In this article, we will discuss some ways that sales organizations can leverage the power of proposal software to make their business more successful.

Proposal software can help identify and nurture leads more efficiently, allowing sales reps to be more proactive and reach out to potential customers when they are most receptive. It also provides teams with real-time data on the success rates of their proposals, allowing them to make strategic adjustments quickly. With proposal automation tools, organizations can streamline the proposal process and save time while making sure that the best possible business terms and messages are sent.

More 2021 Stats

69% of buyers have accepted cold calls from new providers

After COVID, 56% of sellers prefer working remote full time.

Given the pandemic, almost 90% of B2B sales now happen digitally.

28% of B2B organizations now have hybrid sales roles

31% of sales pros find no significant difference between selling remotely and in-person

In fact, 77% of sales leaders say their company’s digital transformation has accelerated since 2019.

A survey by LinkedIn found that 50% of buyers say that working remotely has made the purchasing process easier.

41.2% of sales reps say that their phone is the most effective tool for performing their jobs

49% of teams are using video as part of their sales process.

77% of sales professionals say their organization is planning to invest more in sales intelligence tools

More Sales Trends Stats

According to a study by Salesforce, the total close rate for B2B deals increased by 10% in 2021 compared to the year before. This is due to an increase in remote selling and sales teams investing more time on proactive outreach.

77% of respondents said that their company provides at least a quarter of their leads

40% of sales reps still use tools like Outlook or Excel to store customer and lead data

71% of salespeople said they were conducting more than half their sales virtually.

66% of sales reps say they’re drowning in tools

61% believe that salespeople are underappreciated

According to HubSpot, the length of a sales cycle decreased by an average of 15% when virtual sales tools were used.

Today, 97% of consumers go online to research products and services.

Top Performers Have 63% Less Focus on Product Features

66% of sales professionals say leads generated from customer referrals are the highest quality leads they work.

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