CRM Case Studies for Financial Service Providers

Read our case study below, but you can also consider these CRMs that are being successfully used by Financial Service Providers.

Zendesk Sell helps Expensify uncover actionable, quantifiable sales insights

About the Company

Founded in 2008, Expensify is a San Francisco-based financial services company that provides an online expense management service for customers worldwide.

The Challenge

Given the market need for a better expense reporting solution, Expensify has been experiencing massive growth in product adoption, revenue and headcount. In fact, based on 2014 revenue, Expensify was recognized as the fastest growing ERP software in the world. In light of this growth, Jason Mills, Head of Sales at Expensify, was tasked with building the Expensify sales team from the ground-up—but that’s only where his work began.

As Jason continued to evolve his team, he began looking for a more data-driven solution with the capacity to make sense of today’s volume and variety of data. Specifically, Jason needed to better understand rep capacity, channels for upmarket growth and marketing source attribution, and how these factors worked together to drive sales performance. “I was searching for a solution that would provide deeper, more accurate insights to guide our growth strategy in a measurable and scalable way,” says Jason.

The Solution

Thanks to thousands of hours spent researching the key factors of sales growth,Sell’s new scientific sales platform, Apollo, is revolutionizing the way that businesses like Expensify analyze and improve sales. Using advanced big data architecture, predictive analytics and machine learning algorithms, Apollo is able to evaluate data accuracy and surface untapped opportunities in the sales process. Apollo dynamically configures each company’s unique Sales Genome, a complete codification of hundreds of factors impacting sales performance. It then leverages the Sales Genome across key conversion points using a proven and consistent formula to uncover actionable, quantifiable sales insights.

Pleased with his team’s adoption of Sell’s core sales productivity platform, Jason decided to expand their relationship by being one of the first customers to adopt Apollo. At that point, Sell had gathered more than 15 million data points around Expensify’s sales activities. It immediately became clear that there were great opportunities for improvement in the Expensify sales process. Specifically, a large segment of lead sources had tracking issues, making it difficult to visualize which marketing channels were driving Expensify’s record growth. A business initiative was created to resolve this issue and, with help from the Sell Sales Science Team and Apollo, Expensify is now able to understand which sales reps have the most success closing deals from particular lead sources, resulting in more strategic lead distribution.

“The insights we’re getting from Sell are golden not just to me and my team, but also to executives across the organization and our board members.”Jason MillsHead of Sales at Expensify

If this case study of Sell CRM being successfully applied in the Financial Services Industry resonates with you, you can research further by either visiting our in-depth review, or going direct to their website: