Sales Cycle Length is a hot topic in B2B sales, and its no wonder! Shorter sales cycles generally lead to greater profits, since more deals are being closed faster.
It therefore makes sense to identify those Sales Projects which have stalled or are spending too much time in one Stage of the Sales Cycle, as they could spell trouble. To help you see these trends in real time we've added new functionality throughout Membrain to allow you to dig deeper into this metric, and see how long Sales Projects are spending at each Stage of the Process.
There are lots of different ways you can use this metric to show you how fluid your Sales Pipeline is, and how it flows through your process. For example:
In the Dashboard:
Show Sales Projects which have spent the most Time in their current stage, and sort by longest to shortest time.
Create a graph showing all current and historical Sales Projects and their average time spent in each stage of the process, shown by status Open, Archived or Won.
- In the Active Pipeline - Sort open Sales Projects by Time in Current Stage, and see them grouped in each Stage.
- In the Sales Project List view - drill right down to see the date they entered any of the specific stages in the pipeline, as well as the time in that stage.
- Export this data out to excel for use outside of Membrain
We hope you like this new functionality - give it a try today and see how it can help you gain additional insights into your sales life cycle.
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