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

Analysts found that close to 80% of B2B buyers have already defined their requirements before talking to a rep and prefer evaluating digital resources to in-person presentations.

71% of buyers want to hear from sellers early in the buying process

Remote Sales Management: 67% Find It More Challenging Than Expected

41% of sales leaders report that their customers desire more digital communication

59% of sales reps said that adding custom-recorded video to their sales process increased their productivity.

66% of teams were satisfied with the results that they are getting from using custom-recorded video in their sales processes.

69% of buyers have accepted cold calls from new providers

91% of salespeople have indicated they don’t want to return to full-time office work when asked about their future career plans.

In 2021, digital lead generation advertising spending in the United States was estimated at 4.6 billion U.S. dollars.

It takes an average of 8 interactions to secure a meeting with a prospect

More Sales Trends Stats

Salespeople’s Optimism for Economic Recovery from COVID-19

83% of Sales Professionals Report Working on Weekends

Salespeople Unhappy Despite Meeting Targets

Nearly 13% of all the jobs in the U.S. are full time sales positions

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

Companies that are experiencing the most growth generate 40% more of their revenue from tailored engagements than those expanding slowly.

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

47% of Sales Professionals Don’t Cite Selling as Their Main Activity

77% of Sales Professionals Now Conducting More Video Meetings

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.

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