Salesforce Revenue Cloud allows B2B businesses to make their customer’s buying experience simple, fast, and flexible while taking care of accuracy and compliance.
Salesforce Revenue Cloud accelerates revenue streams and boosts revenue efficiency, combining the best CPQ, B2C, B2B commerce, Billing. Salesforce allows businesses to drive and increase revenue across every channel.
It is a part of Salesforce Customer 360 as it delivers a single source of revenue & customer transactions by connecting operation, sales, finance together.
Salesforce is a leading name in CRM, which has introduced Salesforce Revenue Cloud. The main advantage of it is that it provides businesses with the flexibility to make buying easier and quicker.
Businesses will be able to reap the benefits by leveraging the Revenue Cloud
1. Transform Buying Experience –
The introduction of a new B2B Commerce and CPQ connector helps customize stores for complex B2B selling. Apart from this, features such as customizable pricing to digital carts for a self-service experience for customers can be added. So, when a customer shares their specific needs, it becomes easy for sales reps to resolve their queries as they have access to the entire purchase history of customers. This will allow clients the ability to go across different sales channels with the help of sales partners.
2. Augments Revenue Efficiency –
Automating the task and processes of revenue relieves teams from the burden of manual transfer of crucial data between systems, data reconciliation, and approvals. Automation helps in consolidating invoices & commencing sales. These will check away with the issues relating to underbilling or overbilling or making incorrect modifications to contracts.
The new Customer Asset Lifecycle management tool provides a visual dashboard that records whatever a customer has purchased and amendments made in a contract over time. Also, effective assessment against KPI’s such as net revenue retention is beneficial for all the teams and the lifetime value of customers. This will help teams to make key decisions regarding cost-cutting and who to target now.
3. Accelerate new revenue streams:
Salesforce’s new feature – Multi-Cloud Billing, allows businesses to create revenue streams from other clouds on a single platform. Upselling or cross-selling products or creating revenue from onsite services while managing the payment on a unified system. The Revenue Cloud Quick Starts allows businesses to launch a subscription offering from beginning to end.
Conclusions
Salesforce revenue cloud is another powerful addition to the cloud platform. This powerful cloud solution allows businesses to generate revenue, track and report the revenue with accuracy. The revenue cloud platform can help businesses accelerate growth by filling the gaps created as a result of lost revenue or improving on the areas where a business is doing well. Revenue Cloud provides a single source of transactional data. To know more about Revenue cloud, it’s important to get in touch with a certified Salesforce consultant – Metaoups
Metaoups is a Salesforce Silver Consulting Partner and is considered as one of the best and the top Salesforce Development Companies in Columbus, Philippines, Texas, and India, focusing on high quality and scalable solutions for business problems.