The growth of a product is not a few days of work, filled with struggles!
Every product has a set of growth parameters that define its next journey. There are tons of strategies involved not only in bringing out the product to market but also making it stand stronger and worth it day-by-day for the users it serves. Truepush was launched in early 2019, and today at this time i.e., after nearly a year and a half, it has achieved milestones in such a short span.
Truepush is a free platform for push notifications, and the product’s capability has garnered the trust of 15,000 Developers and Marketeers globally. The brands include SMEs to renowned companies, coming forward to leverage the benefits of the Truepush tool having a wide array of features, and experiment with the tool.
This push notification tool is now integrated with numerous websites every day, which in turn increases the net no. of notifications that Truepush sends on a daily basis. Websites having traffic of more than millions (along with newly built websites having less traffic) are using it very effectively, for their website customer engagement, and making this tool a must-have for engaging daily website visitors.
The productâs capability with rich features like RSS-to-push, Triggers, Audience Segmentation, Project Duplication, Batching feature, along with the splendid customer support has paved the way towards the overall success of the Truepush.
To send the first billion notifications, Truepush took 337 days, and thereafter the exponential decline in the no. of days it took to reach the next billion-after-billion notification is an achievement itself as visible in the below stats.
Range of Push Notification sent by Truepush
Truepush notification engine is now capable of sending a billion notifications on a daily basis.
A good surge in the Alexa ranking
The Alexa ranking of truepush is now close to a thousand in the India category, where it started from 5 digits when the product was launched. Also, the global rank has come down from 6 digits figure to 11,508, which is quite remarkable as there are a plethora of similar platforms prevailing in the market with a wider reach among the audience.
Alexa Rank of Truepush
Awards and Achievements in a short span
It’s been a year and a half, being a tough entrant in the push notification industry world-wide, Truepush has already earned “High Performer- Spring 2020” by G2. It has become India’s 7th most popular Push Notification platform, according to BuiltWith, and awarded the fastest-growing software in push notification by SaaS worthy.
Awards by Truepush
The clientele includes Media giants like Eenadu, Andhra Jyoti, The Hans India, along with India’s renowned ed-tech companies- AglaSem, GetMyUni, and India’s leading & most popular online coupons space- GrabOn. The global influence of Truepush has also reached France leading sports website- sports.fr, Italy’s one of the top news platforms- Â Wall Street Italia Inc., Portugal media platform- OImparcial and a NASDAQ company- RCI Hospitality Holdings Inc.
With a huge no. of clients, comes the responsibility of their retention in tough times as well as assisting them in every small to big query and requests as soon as possible.
Customer engagement and retention is a crucial aspect of every productâs growth
We are always a customer-first company and believe that customerâs feedback and reviews count the most in user retention as well as getting more users on board.
The constant engagement with our customers and quick issue/query resolving is helping us in retaining most of our big-ticket customers. The chat response time is kept to very minimal and we try to resolve issues as quickly we can. We also have WhatsApp groups exclusive to each of our customers, so that the issues can be resolved in real quick time with an easy touch base point.
We are driving several activities within the ecosystem for customer engagement. Well, that includes interviews, testimonials, podcasts, etc. and these assets will be lined up on the Truepush blog. Including the customerâs website link on the blog and mentioning the stakeholders across the social media handles have helped us create more authenticity. Also, our customers are sharing the interview blogs, case studies and testimonials within their community too. This thus helped us to have a wider reach across the globe with good appreciation.
Truepush Review on G2
Reaching out to each and every customer, by thanking them for using our services, understanding their use cases and supporting them with the right resolution has helped us in getting the beautiful reviews written on various e-discovery platforms from our customers.
Customer’s Testimonial on TruepushHow the interviews series has helped us in knowing our customers better
Interviews have helped us understand our customerâs various engagement strategies and how Truepush is helping them in achieving their re-engagement goals.
With the right and continuous product growth along with the solid customer retention plan, Truepush has been able to tap the right audience and has become the leading web push notifications platform across the globe.
Business communication has evolved over the years. Today, companies are replacing their conventional phone systems with modern communication technology known as Voice over Internet Protocol (VoIP). A VoIP (Voice over Internet Protocol) phone system is an internet-based telephony system that delivers voice calls, video calls, and multimedia using internet connectivity.
Unlike analog phone systems, VoIP phone systems do not require any dedicated phone hardware. It allows the user to call any landline, mobile or even computer-to-computer with an internet-connected laptop, PC, mobile or tablet. Being a cloud-based technology, VoIP has revolutionized the communication infrastructure across all business sectors. It easily integrates chats, syncs applications, and provides real-time call data and analytics; thus enhancing organizational productivity. In short, the emergence of VoIP has changed the name and face of business communication.
Top Telephony Service Providers
Here, we have covered some of the  top telephony service providers that can help your business. So, let’s dive in.
AVOXI Genius
Telephony software, also known as Voice over Internet Protocol (VoIP) uses internet-enabled devices to make and receive phone calls. With AVOXI, your VoIP number setup is fast and easy. There are no setup fees or minimum contracts. Every VoIP number includes 20+ features at no additional cost. Get your virtual phone number today for as low as $4.49 per month.
Avoxi Genius
Avoxi Core Cloud PBX is a voice technology system that enables use of legacy systems while decreasing hardware investment and maintenance. The cloud-based system serves the following industries: energy, finance, hospitality, insurance, manufacturing, media and entertainment, nonprofit, retail and transportation. Multiple gateways can accommodate an increase in the number of phone lines as businesses grow. Customer features include a 24/7 support team and password protected access to a secure web where users can view all call detail records.
CloudTalk is a telephony system built for modern companies. CloudTalk simplifies the lives of your sales and customer support teams with 70+ advanced calling features. Improve communication with prospects thanks to the integration with your existing helpdesk, CRM and eCommerce systems as Helpscout, Pipedrive or Shopify.
Cloud Talk
CloudTalk is a fully featured Call Center Software designed to serve Agencies, SMEs. CloudTalk provides end-to-end solutions designed for Macintosh. This online Call Center system offers Queue Management, Predictive Dialer, Call Recording, Contact Management, VoIP at one place. Price: CloudTalk pricing starts at $15.00 per month, per user. There is not a free version of CloudTalk.
Aircall
Aircall is the cloud-based phone system of choice for modern brands of 3+ users. By seamlessly integrating with the most popular CRM and Helpdesk tools, they help sales and support teams communicate clearly and efficiently. Admins can instantly add numbers from 100+ countries, scale their teams according to seasonality, and gain deep insights through real time analytics. Accessible by desktop and mobile app, Aircall is trusted by over 3000 companies worldwide. Aircall is the modern phone solution for sales and support teams.
Aircall
It is very user friendly and easy to use and setup and integrate with other software, web apps and services when building and testing a UC – Unified Communications Contact Center or OmniChannel. Price: Essentials Plan – $30/user per month, billed annually and Professional Plan – $50/user per month, billed annually. Free Trial available.
Freshcaller
Freshcaller is a cloud PBX system that enables you to purchase local and toll-free phone numbers in 90+ countries. Engage in contextual conversations with your callers without any hardware nor maintenance costs. Freshcaller is the ideal call center and business phone system for startups and small teams. With Freshcaller businesses can choose to record all their phone conversations and allow supervisors access to live dashboards and even listen and speak to customers in real-time.
freshcaller
As a phone system designed for teams with little/no IT support, Freshcaller allows users to create a new account in minutes and configure rules, business hours, and routing processes that are executed in real-time. Freshcaller enables businesses to scale their usage effortlessly by adding agent licenses, purchasing additional numbers or phone credits, and changing their pricing plan at any time. Price: Freshcaller pricing starts at $19.00 per month, per user. There is a free version of Freshcaller available.
Give your business a professional boost with Jive Voice. A cloud-based, feature-rich business phone system, Jive helps thousands of organizations across all industries and sizes to streamline their communications and achieve greater success. Jive Hosted VoIP offers a wide array of features designed to replace legacy landline phones, including unlimited voicemail boxes, auto attendants, and local and long-distance phone numbers. Starting Price: $19.95/month/user (Free Trial available).
MyOperator
MyOperator is a cloud-based business phone system providing solutions like virtual phone numbers (toll free/non-tollfree), IVR, call management features like call tracking, call recording, live call transfer, callers’ database, virtual receptionist and more. It extends the reach of your business 24*7 and routes calls to the right departments for a faster point resolution. It doesnât require any hardware or software installation. This thereby helps save installation and additional infrastructural costs required while scaling up.
MyOperator
Also, it allows you to work anywhere and anytime. All your phone calls, be it the ones you made, received or missed are tracked. This not only helps you upgrade your customersâ experience but also ensures that no prospect is lost. Facebook and SMS remarketing are the ways that MyOperator offers to help you reconnect with your callers and repeat purchase. Price: There are 3 plans available – Office IVR System (Rs. 2,300/month), Cloud Call Center – Desk (Rs. 5,000/month), and Cloud Call Center – Prime (Rs. 20,000/month).
Flowroute
Flowroute, the first software-centric carrier, provides communication services and technology for cloud-based platforms. By providing businesses with programmatic access to communications infrastructure services, Flowroute removes the complexity of introducing new communications solutions to the market.
Flowroute
The patented nationwide Flowroute HyperNetwork delivers leading carrier-quality calling and messaging services with unparalleled reliability, reach, and simplicity. Flowroute is a fully featured VOIP Software designed to serve Agencies, Startups. Flowroute provides end-to-end solutions designed for Web App. This online VOIP system offers SIP Trunking at one place. Price: Flowroute is a pay as you go SIP Trunking service. There is not a free version of Flowroute. Flowroute does not offer a free trial.
JustCall is a cloud-based phone system that allows businesses to collect phone numbers from 58 countries and make them appear as local digits to their clients. JustCall gives you the platform you need to manage your international customers in a unified location, communicate with them with a simple and straightforward solution.
JustCall
JustCall is a cloud phone system that integrates with your CRM or Helpdesk. Make, receive and log all your phone calls and texts directly from your CRM/Helpdesk dashboard. Â Using different call distribution settings, you will never miss a customer support call ever. Give easy ways to your customers to reach relevant departments, allow them to remain in queue while waiting for an agent to come on the call or even give them an option to leave voicemails. Apart from basic contact center software solution, JustCall also provides other useful tools like Bulk SMS Campaigns, SMS Bots, Auto Dialer, Predictive Dialer, Dynamic Number Insertion etc. Price: There are two plans – Standard ($25/user/month) and Premium ($50/user/month).
Conclusion
Telephony Software includes many telecommunication features, from recording calls to creating a complete call center environment. Selecting the best software depends on your needs but the above list can serve as a reference. The software works as a fully featured telephone switch connecting to phone lines and extensions using state-of-the-art virtual PBX and VoIP technology. If you know about any other tool, please let us know in the comments section below.
Document management (DM) software encompasses a wide range of features and functionalities, many of which are critical to effectively running a business. Many small to midsize businesses (SMBs), such as legal firms, creative firms, or media and publishing organizations, aim to go paperless and are looking for the right tool to do so. Businesses generate a lot of data regardless, so choosing a reliable and scalable DM system is key to streamlining and automating workflows.
For SaaS companies, an efficient DM system can make better overall performance for several reasons. The most basic reason is having a place to store and organize documents. Version control, workflows, access permissions, backup, and data protection can also be handled by a DM solution. It is the starting point for storing, securing, and sharing various business documents. The ability to classify data is another DM capability that can completely change the way your organization maps its workflows.
Top Document Management Software
Here, youâll get to know below the 10 best document management systems that can help you go digital, automated, and paperless.
Confluence
Confluence is an open and shared workspace that connects people to the ideas and information they need to build momentum and do their best work. Unlike document and file-sharing tools, Confluence is open and collaborative, helping you create, manage, and collaborate on anything from product launch plans to marketing campaigns. Today all kinds of functional departments of any size use Confluence, from technical teams and project management groups, to marketing, HR, legal, and finance. All teams get work done with Confluence.
Confluence
With Confluence you have an environment that is very efficient to work in to add new content, very easy to update articles and manage file attachments. Setting up spaces for various audiences, including a “personal space” allows you to draft documents privately and then move the document over into a space with an audience. The permission scheme is based on spaces, individuals and groups, with flexibility from super-locked-down to wide open on the public internet.
Price: Confluence pricing starts at $10.00 per month, per user. Confluence does offer a free trial.
Templafy is one of the best document management tools out there. The system aims to integrate essential office suites and solutions used by businesses on a daily basis. If thereâs one thing that can be frustrating, itâs having to create brand documents using different software. This can become time-consuming and fragmented, but Templafy can help. With it, you can create a range of files within the system and manage them from a single feed.
The software is compatible with a range of devices and uses the cloud to let you access all your documents across computers, tablets and smartphones. There are also automatic compliance checks, and you can give feedback to employees easily, too.
Price: Contact is required for a pricing quote, and not surprisingly, the exact cost depends on the number of users, features and add-ons chosen.
PandaDoc
PandaDoc is a leading online document management platform that lets you create, deliver, and share documents online. It allows for legally binding e-signatures and supports various document formats like PDFs, Docs, and other preexisting digital documents for faster paperless transactions and processes. The software works well with quotes, contracts, agreements, and other sales collateral, and is ideal for use by your HR, sales, marketing, finance, legal, and operations departments. For that matter, any business or organization can reap the benefits of document management software like PandaDoc in terms of document building, sharing, and delivery.
PandaDoc
The software is an all-around document management platform that enables you to sign documents anywhere at any time with the built-in e-signature function. It comes with a robust but easy to use document creator with drag and drop editor, allowing you to quickly come up with all kinds of business documents such as proposals, business plans, contracts, and quotes, among others.
NetDocuments
NetDocuments has been the leader in cloud-based document management since 1999, helping firms to reduce costs and increase productivity with enterprise search, built-in disaster recovery, client, matter, and project-centric workspaces, and any time access on a modern platform that scales to both small and large firms alike.
NetDocuments
It’s powerful, cloud-based document management system helps your firm effectively store, create and categorize your documents and email. Collaboration tools allow you to easily share individual documents or even entire folders securely with your clients and experts. NetDocuments has made big strides in reliability and customer focus and these areas need to continue to be developed as they were not strong suits in years past.
Dropbox Business is a central workspace that helps teams stay organized and keep their work flowing. All your team’s content is in one place, making it easy to collaborate and focus on the work that matters. Dropbox Business is trusted by over 300,000 business teams worldwide and over 50% of the Fortune 500 for its industry leading file sync, collaboration, and extensive administration and security features that scale as teams grow. Companies of all sizes use Dropbox Business for collaboration, file sharing, online backup, and more.
Dropbox Business
Dropbox is a great program to integrate with other programs such as Adobe PDF. It is incredibly easy to save all of your sales proposals straight onto the dropbox app from your iPad Adobe PDF app which saves you time and energy. My number one favorite feature in Dropbox is the ability to share a link to a file with clients and have them make comments right on the file.
If you’re sharing a video, they can comment at exact spots in the video, and they can markup graphic files. Additionally, Dropbox saves you an incredible amount of time in the office, as you no longer have to request files from various members of your design team. With your shared Dropbox folders, everyone can access everything, and with version control, nothing is ever lost.
M-Files
M-Files is an intelligent platform designed to help businesses manage, organize, and track documents and information. It can be used by both small and large companies in a variety of industries. This wide applicability is made possible by a host of features that are bound to benefit any organization such as mobile optimization, version control, e-signature support, document templates, offline access, permission control, and automated workflows. It is equipped with a search engine for finding documents based on document type, names, and keywords, among others. It even lets you search inside the text of documents.
M-Files
The solution offers workflow automation capabilities and notifies you whenever document changes need review or approval. Likewise, you can send invites and edit documents simultaneously with its co-authoring feature. M-Files also offers enterprise-grade information management functionality, allowing you to securely share information with stakeholders or team members. The software integrates with leading CRM and office solutions and is available through quote-based pricing.
Docuware
Docuware takes a cloud-based approach to document management. It integrates cloud storage and office automation to create a digital workplace. This paperless approach to the full spectrum of office tasks is another example of the digital transformation which is driving many processes these days.
Docuware
Docuware offers services to create a âcloud workflowâ when it comes to documents. It allows services to be purchased on a small scale as needed, and then as use-case scenarios are created, and reliability is ensured, the service can be scaled up for a larger deployment. Mobile apps that can integrate into this workflow are also offered, facilitating the likes of scanning receipts on the go, approving invoices for speedy payment, and signing forms directly on the device.
Box works in any browser and allows you to easily store and manage all your content online. It also lets you share files instantly and access documents from anywhere. No matter what device you choose, get fast, easy access to documents, project plans, presentations and videos. Always have the latest pitch for your customers, on or offline. Box makes it easy for administrators to maintain a central view of all content and users in their account through a powerful admin console.
Box
There are many things to love about Box. For one, its Business plans come with unlimited storage! It’s worth the price especially for small to medium-sized businesses looking for a secure place for storage with tons of extra features for both admin and security. The 5GB upload is enough for the big multimedia and other iso/archive files. For your admin, the integration with your Active Directory saves you from having to require your users to create/maintain an extra account (user/password) for Box. The corporate logo can also be incorporated into the platform to make it personalized according to your company’s branding scheme. Box also offers a ton of possible integrations eg Google Suite (e.g., docs), Salesforce (CRM), and MS Office 365. This makes it easy for users to create content as your usual platforms and then easily save and manage them in Box.
Price: Box pricing starts at $5.00 per month, per user. There is a free version of Box and Box does offer a free trial.
Zoho Forms
Zoho Forms is an online form builder perfect for all business sizes. It helps you create and manage online forms by using a variety of field types and customizable themes. You can start from scratch or choose from the many templates available. The form creator tools, which include an automated calculation field, are also handy in personalizing payment forms. Plus, you can connect your forms to secure payment solutions like Paypal, 2Checkout, and more.
Zoho forms
The application also supports multi-page forms. By simply adding a page break, you can add and rearrange pages in your forms as needed. Page rules can also be modified to help your respondents navigate to specific pages based on their answers. Moreover, you can use email campaigns, QR codes, and links to share your forms on social media, or you can embed the forms on your website.
Samepage
Samepage is an award-winning project collaboration software that brings you collaborative tools, communications solutions, and document management capabilities in one cloud-hosted platform. It’s all about productivity, which Samepage lets you achieve through features and capabilities that include team chat, video conferencing, task management, file sharing, real-time document collaboration, and more. The software is designed to help teams of all sizes manage projects and get more done in a single easy-to-use workspace.
Samepage
This comprehensive collaboration solution for business teams gives you functionalities such as scheduling, discussion topics, meeting agendas, files, instant messages, conversations, and task lists. It is ideal for companies and organizations such as educational and non-profit organizations, marketing firms, and real estate agencies. It can be implemented across teams of employees, vendors, partners, consultants, and customers and lets you compile files, images, videos, conversations, and maps, allowing you to maximize the advantages of a collaboration platform.
Conclusion
Document management software automates the process of creating, uploading, storing, tracking, and archiving files. It helps users share documents, track comments and changes, and store documents in a centralized repository. To sum up, thereâs a wide variety of document management systems that you can choose from. So, you shouldnât worry about not finding a good option for your operations. Above softwares includes both standalone systems, and broader software suites that offer core document management functionality in addition to other features. You can choose a software that caters to your needs. If you know about some other document management software, please let us know in the comments section below.
SaaS is a billion-dollar industry. And itâs only going to get bigger. According to TechCrunch, the SaaS industry is at the same stage as âthe PC market in 1983, smartphone market in 2003, or the search market in 1998.â There is no better time than now to be in SaaS. But more opportunities mean more competition. If you want to lead the pack, you need to know how to sell SaaS.
Customer-centric selling is particularly important in the age of social media, where companies and customers engage in an ongoing public dialogue across Facebook, Twitter, LinkedIn, websites, and blogs. Customer-centric selling starts by encouraging potential customers to tell you about their problems. Then, it continues with guiding them down a path to the right solution. In other words, theyâre going to talk about you. Building trust over time by working together leads to promote loyalty, referrals, and positive word-of-mouth. All of this translates into generating more revenue.
Below are a few points to keep in mind when it comes to selling SaaS products.
Sell Solutions, Not Products
Technology companies often struggle with the task of showing what they do for their customers into a box called âProductâ. People check your website or contact you because they have a problem that needs to be solved. But, often, they donât clearly understand what they want or need. Itâs your job to be the expert. Asking the right questions makes selling an ongoing conversation about customer needs. Questions also help identify how far along they are on the decision path toward buying, which makes the entire process easier to track in a CRM.
Sell Solution, not Product
Selling solutions might not even involve making direct references to products. An example of this is ChatBot, a leading chatbot developing SaaS. It emphasizes the benefits of using ChatBot from the perspective of the end user. There is no reference to product features. Simply a clear explanation of how ChatBot can solve customer problems.
Example of Chatbot
Keep your trials short
At first glance, you might think giving customers a long trial period for your product will increase the chances that they pay for your product. A long trial might seem like a good way to hook your customer, but youâre really just hurting your startup. For 99% of startups, trials shouldnât be any longer than 14 days. Hereâs why.
Most people donât use free trials for the full duration. Take a look at your data and youâll see that the vast majority of your trial users duck out after about three days.
Users take a short trial more seriously. Your prospects will procrastinate, and when they procrastinate, they forget. With a shorter trial period, theyâre more likely to try your product immediately.
Lower customer acquisition costs. When you shorten your trial, you also shorten your sales cycle. If youâre able to shorten your sales cycle from six weeks to three, you will significantly reduce your customer acquisition costs.
Create Feedback Loops
When customers hit certain milestones (logging in to your platform for the hundredth time or making a repeat purchase), have your client services team check in with sales and marketing.
Feedback Loop
Demonstrate the value of your products and services each step of the way:
Generate daily, weekly, and monthly reports on progress and activity.
Create snapshots of key wins or success stories, such as a blog post or comment that did particularly well, or a testimonial.
Identify key performance indicators (KPIs) that are important to your customers, measuring success against these metrics.
Check in with customers who are not meeting certain thresholds of activity (for example, if they havenât logged in or made a repeat purchase in a month).
Also, in an effort to continue to build trust and assurance with your clients, regularly ask for feedback. It can come in a monthly service survey or by way of just calling your customer at relevant intervals to ask him or her if thereâs anything else you can do.
You need to develop an ‘ideal customer profile’. Itâs a fictitious organization and you need to address the following to create the profile:
How are they valuable to your company? In addition to paying for your service, will they provide referrals and testimonials? Can they point you to new opportunities, or provide resources to grow your business?
How does your SaaS product help them? Does it improve their revenue, reduce their cost, or improve productivity?
You need to build the fictitious customers from real data. To get this real data, talk to your existing customers, and find out what value they actually get from your product.
When you getting feedback from your existing customers, donât just contact them once. Their input will be valuable before you sell, after you sell, and after they receive value from your product. Ask them to quantify the value so you can understand how it works and how it doesnât.
Optimize your email campaign
Unless you have a killer email campaign, most of your prospects are going to forget you exist within hours of enrolling in your trial. To get the most out of your drip email campaign, follow these strategies. Use “human” email addresses. Donât ever send an email from a department. Instead of “Sales@YourBusiness.com”, use “YourName@YourBusiness.com”.
Optimize your email campaign
Send activity-based emails. Your drip campaign should automatically email your leads at different situations, including when they sign up, if they visit the account or cancellation page, and if their trial is about to end.
Follow up
You will rarely close a deal on the first call. Startup sale’s success is dependent on your ability to follow up repeatedly. You want to get either a clear yes or no. A maybe isnât a no until itâs a no. So, make sure you or your team follow up until your prospect gives you an answer one way or another. If your prospect has ever expressed interest in your product, follow up forever. Donât settle for silence or âmaybeâ; maybes kill your startup. Keep calling and emailing until you get a clear âyesâ or ânoâ.
If the lead is completely cold, follow this 14-day plan:
Day 1: Initial contact.
Day 3: First follow-up. Reach out at a different time of day with a condensed version of your initial message.
Day 7: Second follow-up. Reach out at a different time of day and restate your call to action.
Day 14: Third follow-up. If you havenât received any response from your lead, send the break-up email. This is where response rates skyrocket.
If you donât receive a response to your break-up email, move on to more promising leads.
Build Solid Long-Term Relationships with your Customers
When your entire business lives online, sometimes itâs hard to build any kind of relationship with your customers. Thatâs why itâs imperative you and your team have great written and spoken communication skills. You or your sales team should be able to reassure prospects that your business will be around for the long term and is not a fly-by-night operation. When a customer decides to use your software, they should see it as a long-term investment in their own business. When you have a high level of rapport with your customer base, it makes it easier to increase your revenue through upsells or add-ons, or even bring in new business through referrals and testimonials.
Be Proactive
There is no âone solutionâ that is right for every company to use with its customers. Focus on identifying similar types of customer needs, and be proactive in creating solutions that can be standardized for similar types of customers. Patterns will start to emerge over time, and you will be able to create solution types that can be repeated and scaled. Using tracking software allows you to know what your customer is examining and for how long. This way, you can predict his or her objections upfront and notice trends among your customers.
Conclusion
SaaS sales is hard, but it isnât impossible. If you incorporate these strategies into your sales cycle, youâll drastically increase your chances of success. Itâs important to remember when you are running your business not to get totally caught up with the operations and forget about working on your sales process. Automated sales are great, but sometimes you need to add that personal touch to really take your business to the next level. Do you have any other strategies to sell your product? Please let us know in the comments section below.
Software as a Service (SaaS) is a high engagement affair with its users. Modern businesses face crucial challenges related to customer retention and business development. Due to a shift in focus from primarily sales-driven organizations to more service-driven systems, businesses are trying to improve revenues by engaging customers in better ways. With the rise in popularity of communication services such as Facebook Messenger, LiveChat, Whatsapp, and others, it has changed the way consumers interact, both in their personal and professional lives.
Chatbot
Research shows that customers become angry when businesses do not satisfy or provide proper customer support. By improving customer support functions, businesses can build brand loyalty and boost revenue in a short time.
In short, a chatbot is a computer program which mimics conversation between users, usually powered by artificial intelligence. A user could ask the chatbot a question or provide it with an instruction and the chatbot will respond. Chatbots are the new-age tool for helping businesses improve customer satisfaction, thereby, improving sales. Â Theyâre typically considered either an informational bot or a utility bot; a utility bot is generally one that takes instructions such as scheduling an appointment, and an informational bot is one which is pretty self-explanatory â it provides the user with information, usually about the website theyâre on.
How Chatbot Works?
Why use chatbots?
Chatbots are becoming an effective tool for lead capturing and are being integrated into websites to help businesses get prospects in efficient and cost-effective ways. They are more than simply a traditional live chat. They have assisted the startup world with scaling operations, building customer bases and boosting revenues. Users tend to favour an interactive medium for making their online purchases, and ultimately users want their information as quickly as possible. Chatbots allow your user to get their answer straight away, and if the bot is integrated with an app such as Facebook Messenger, thereâs no need for them to download an additional app or keep changing between screens.
Use cases for chatbot
A chatbotsâ ability to understand and respond to customersâ questions make them a popular and powerful application. Chatbots help companies by offering better customer engagement. In turn, this drives companies to grow stronger globally through their outreach. Benefits also include saving time and money as well as optimally use human resources. SaaS businesses would not exist without the invention of the internet. Over the last 30 years, though, the playing field has been levelled. It is time for SaaS platforms to find a new differentiator, not only against other businesses but also against other SaaS. Chatbots are the perfect tool to bring that differentiation.
Here are six ways chatbots can positively impact your SaaS business.
Theyâre fast
One of the biggest things that chatbots bring to the table is their ability to take a huge burden off customer support. Unlike executives who cannot handle more than 3 or 4 customers at a time in real-time conversations, chatbots can tackle many customers at once. Conventional CRM forces customers to wait to have their grievances addressed. In addition to the problems theyâre facing, the long wait adds to a customerâs anxiety. By dropping a (knowledgeable) chatbot on your website or within your platform, you instantly give your audience what they want: help, now.
Lead Filtering and Identification
If you run an ecommerce business or a sales website, you may be receiving significant traffic due to promotional expenditure, but does it convert into tangible sales? The answer is, highly unlikely. Even a sales funnel will only work if the user follows through with the content. However, when you position a Chatbot, it prompts the user when looking for something specific. You feed the Chatbot with keywords and once the user responds, the Chatbot connects them with an actual salesperson. You may be unsure about retaining a 24/7 sales representative because you donât want to waste resources on casual âdigital dwellersâ who have no intention to purchase. This is where the Chatbot can help you identify the lead at the right time, putting your sales team into action just when you need them.
Benefits of Chatbot
Theyâre Smart and Quick
Customers prefer quick and immediate responses as opposed to slow and tedious email threads. The fact that customers can get quick responses gives credence to chatbots. Chatbots are a better alternative to both Interactive Voice Response mechanism and email resolution methods. Chatbots are trained to respond with relevant and precise answers in an instant.
Information Gathering and Recording
Data shows that people talk more freely when they know who they are interacting with, whether it be with Appleâs Siri, Microsoftâs Cortana, Googleâs Home or Amazonâs Echo. This same principle applies to Chatbots. When posting casual comments, most users can provide vital information showing their importance to your business. The data voluntarily provided by consumers regarding recent purchases, hobbies, likenesses and residential areas can be leveraged by the sales team to reach out to specific buyers. While human sales personnel may miss these red flags, a pre-programmed Chatbot will not.
Finally, being a first mover. The first mover advantage, which gives the upper hand to the first company to adopt a new piece of technology, doesn’t last. Chatbots are super early. There aren’t that many SaaS companies leveraging them just yet. You can still be a first mover. You probably have a couple of years tops, though, so you might have to act fast. Being a first mover has several advantages beyond just ‘being first’ and grabbing all the money. Namely, being a first mover offers a branding advantage. Position your company as an innovator in your field and reap the beautiful branding rewards.
A Happy Customer Stays
Customers whose problems are solved are more likely to stay loyal to the company, instead of migrating to the competitor. In fact, customers will be receptive to receive information about new offers and products. Developers are training chatbots to interact with customers like a friend. This informality is likely to create a shift from conventional marketing techniques towards revolutionary methods. These are times where going âmobile and digital firstâ is the order of the day. Companies use chatbots during aggressive marketing campaigns to out maneuver their competition.
AI and chatbots
Chatbots can do much more than just customer service, the list of use cases grows every day. Besides basic script-based customer support, chatbots using NLP and machine learning are being used across industries to enable support in different functions. For example â
Chatbots can provide virtual assistance â One can reserve events, doctor appointments, restaurant reservations, movie tickets and more. E-commerce chatbots help in ordering food and just about anything from websites. Chatbots can help manage a personâs health, grocery etc.
Chatbots can help in content delivery for news updates and sports content. Some chatbots exist to give basic diagnosis advice based on symptoms. The bot can then refer users to a live doctor for further consulting.
Additionally, Chatbots are used in real estate to identify and convert leads. The chatbot field is diverse and rapidly growing and has since surpassed the realm of customer service.
Conclusion
Organizations all over the globe are trying to come up with new initiatives to make their workplaces more productive. Chatbots can help here too. Automation can create a lot of free time to enhance efficiency or allow people to devote that time for creative work. Chatbots are here to stay and are growing in intelligence to support different functions in multiple industries. It is essential that organizations understand chatbots and their usage at the primary level. There is little doubt that the number of complex tasks that will be handled by chatbots will also grow exponentially in the future. What do you think about the use of Chatbot in SaaS industry? Please let us know in the comments section.
The rise of remote work might be unavoidable, and you should want to take advantage. Allowing remote work can benefit not only your employees, but you as a manager and the organization as a whole. Not only do remote workers tend to enjoy what they do more and find remote work less stressful in general, but theyâre more willing to put in extra hours as a result. However, thatâs just one of the potential benefits of remote work for employees, managers, and companies alike. Remote work is about more than just the advancement of technology, itâs something that has the potential to help the way we work, manage, and lead.
Remote work
With 50% of the workforce working in some sort of telecommuting role and 80 to 90% of all employees saying they would like to work remotely at least part of the time, according to Global Workplace Analytics, offering remote opportunities is an attractive way to gain productive workers. Thatâs just the beginning, though. According to Owl Labs State of Remote Work 2019, 42% of remote workers have plans to work remotely more often over the next five years than they do now.
While there are great potential benefits of allowing remote work on your team, thereâs a problem: most founders and managers still arenât familiar with the challenges of managing remote employees. Remote work is different from the typical work structure in a few big ways. And while there are big benefits, there are also new and unique challenges with both hiring and managing remote employees that managers never see coming.
According to Bufferâs State of Remote Work report, these are the major challenges with remote work in general: Without any prior experience working remote it can be hard anticipating the challenges your remote employees will face.
Challenges of working remotely
Loneliness and isolation – Regular human interaction can be easy to take for granted, until you donât have an office full of people to be around every day. Do what you can to engage them socially with the rest of the team whenever possible.
Communication issues due to a lack of non-verbal cues – When you donât have enough face-to-face communication, it can become difficult to sense intent in messages between you and your employee. Itâs harder to understand a message when itâs only text, or you donât know them as well as other, in-office employees.
Feeling left out – The feeling of being left outâ of company celebrations, consideration for a promotion, and your opinion in generalâ is more common among remote employees than those on-site. When you work remotely, you miss out on so many opportunities to connect with your colleagues and managers.
Monitoring – You canât physically monitor them.
Feedback system – Reviewing work and providing feedback is difficult.
If you have multiple remote employees, itâs hard to keep them moving in the same direction.
Remote management can feel like a totally different challenge than managing people you work side by side with. Things that work in an office donât always translate exactly to remote employees. Use these tips to be more conscious of the unique approaches you should take for managing remote employees.
Hire the Right People
Letâs face it- not everyone can be a remote worker. Everyone loves the flexibility of working remotely. But only some have the attitude and discipline to be productive as remote employees. When hiring a remote employee, look for people who can work independently.
Good remote workers have a positive attitude and motivation to do their job well. You donât want people who always need a push to complete the task. It will be a nightmare if you have to micro manage your remote employees. A good remote employee will not wait for you to ask for updates or assign tasks. Rather, he or she will proactively update you on the status and schedule.
Hire the right people
Always hire employees who communicate well as itâs the key to a successful remote team. The better your remote employees understand your instructions and communicate with you, the easier it will be to manage them.
Set Clear Expectations
Everyone has a different idea of what doing something “quickly” or “well” means. Whether showing examples of what you expect to be done, calendar sharing, etc., make sure you have clear expectations from those you work online. The more prepared they are, the better they can serve.
Set clear expectations
Explain what you want from your remote employees and when you want it. There is no better way for managing remote employees than using well-defined and measurable goals.
Itâs hard to keep all employees on the same page if you have multiple remote employees. Engage with your remote workers on a daily basis through some kind of communication. Use multiple channels to communicate. Then, plan a regularly scheduled face-to-face meeting.
Engage regularly
This can be weekly, monthly, or annually, and could be combined with a training or coaching program. This constant interaction and engagement will help remote workers feel included in an important aspect of the organization. You can identify issues early and manage them better with frequent communication.
Have Reliable Tools First
If remote employees can’t download files, struggle hearing on a conference call, and consistently receive meeting invitations for times when they are still asleep, you have failed to address the basics. First, invest in reliable tools to make collaboration possible. Then develop clear processes to use such tools. These are some of the Tools to Help You Boost Team Collaboration.
Track Progress of Your Remote Employees
Be sure to track the progress of your remote employees daily. You stay on top of project status and eliminate nasty surprises later by reviewing work every day. Give your remote workers periodic feedback to ensure they are heading in the right direction.
Here are some tools you can use to track time, project status, and tasks:
HiveDesk is a time tracking software for managing remote employees. You can create automatic timesheets, capture screenshots, track project & tasks, and measure productivity with HiveDesk. Start your 14-day free trial.
Hubstaff is a staff monitoring software which screenshots the activity levels.
Asana is a project management software that allows you to organize to-do lists, projects & meeting information, conversations, and emails in an easy-to-read dashboard.
Trello is a project management tool that allows you to manage tasks and projects.
It is important to manage expectations and stay focused on goals when embracing a remote workforce. Don’t worry as much about what is being done. Instead, concentrate on what is being accomplished. If we are meeting our goals, then great. If not, we need to look into the situation further. It is all about accomplishment, not activity.
Conclusion
Thereâs a lot about managing remote teams thatâs exactly the same as managing those on-location. However, itâs a mistake to assume that a remote employee is the same as one working in the same office as you. Remote employees are faced with unique challenges and you have to understand those challenges to effectively manage your entire team. What do you think of this list of tips to for managing remote employees? Please share it with your team and followers on social media.
Time tracking software tracks the total time spent by employees on tasks and projects. This software captures employee time, hourly wages, and client billing rates and uses this information to automate invoicing and payroll management functions. This software is used by employees and employers in many industries and helps small- and mid-sized business owners stay organized and up-to-date in managing their employeesâ time. Time tracking software increases productivity in employees because it allows for accountability, helps to discover which activities or events cause time wasting, and keeps all time data in one location.
Benefits of Time-Tracking Software
Here are some of the prominent benefits of time-tracking software:
Effective Tracking for Freelancers and Remote Workers
As businesses increasingly move toward mobile workforces, this trend poses multiple time-tracking challenges. It is frustrating to track attendance and time worked for each freelancer or remote employee separately. Time tracking software records attendance and time worked for employees and collects it on a dashboard for managers. Some time-tracking tool also offers automated screen capture, which enables users to monitor the total time spent on non-work activities by remote workers and freelancers.
Efficient Payroll Management
Payroll calculation is a time-consuming process. Payroll managers need to coordinate with employees and their managers to collect a series of information such as timesheets, hourly wages, leave records, and overtime pay to calculate employee compensation. Time tracking tool captures in and out-time for employees and provides users with reports on total hours worked and leave taken. The software also incorporates other payroll calculation factors such as differential wages and employee incentives.
Mobile Access
Due to an increasing trend of remote workforces, mobile access has become a necessity in today’s software market. A time-tracking mobile application allows remote workers to record their schedules, submit time-off requests, and view changes to their schedules on the go. Some products also offer GPS tracking, which enables managers to track the time spent by their field staff at a client location.
Compliance Requirements
Today’s businesses are subject to a number of payroll and wage-related compliances. They mandate strict standards regarding minimum wages and overtime pay and imposes severe penalties on business that do not comply. A time-tracking tool that tracks these compliances alerts managers when employee hours go beyond the recommended levels and ensures that overtime pay is incorporated into the employee payroll. Time tracking tool also provides standard reports related to these compliances.
Billable and non-billable hours: Track billable and non-billable hours related to a project.
Online time tracking: Capture employee and task times using online applications that can be accessed and synced through a browser, mobile app, or desktop application.
Automatic time capture: Record in and out-time of employees and calculate the number of hours worked. Users can also capture time using biometrics and other electronic time-capture methods.
Employee database: Store staff contact information and project statuses.
Overtime calculation: Record and manage overtime hours for employees.
Top SaaS Products for Tracking Time and Activity
Here is our list of top SaaS products that can effectively help you track the time and activities of your employees.
Celoxis
Celoxis
Celoxisâ project management software integrates seamlessly with over 400 popular business applications and itâs easy to use and powerful API makes it easy to integrate with any custom or in-house software that you use. With Celoxis, you can identify project requests that boost business value, build project plans that adapt to the real-world and visually monitor progress to fix problems before they start. You can also optimally allocate resources based on skills and availability and make pro-active hiring decisions based on future capacity and demand.
Some of the features of Celoxis are:
Get automatic cost and revenue estimates from your project plans.
Monitor profits in real-time.
Stop billing leaks by invoicing your clients without delay.
Share files, apprise progress and exchange ideas with your team and your clients.
With fully customizable client portal, clients can do a whole lot more.
Customize prebuilt workflow apps to track issues, bugs, risks, change requests and approvals, or create your own unique app from scratch.
You will never go back to spreadsheets again. Slice, dice and visualize data your way.
Create and share dashboards that save time and accelerate decision making.
Schedule reports directly to your CEO’s inbox.
Celoxis pricing
Pricing: Celoxis has 2 pricing options â Cloud (US $25 per user/month) and On-premise (US $450 per user).
Trackabi is a perfect web-based tool for time tracking and leave management for freelancers, small and medium-sized companies.
Trackabi
With trackabi, you can report time worked manually or use a timer and configure your timesheet with custom fields. You can also generate reports from timesheet, export them into PDF or Excel, print, or share with your clients via a link.
Some of the features of trackabi are:
Prepare a vacation schedule. Approve or reject leave requests from employees.
Maintain a directory of current and former employees with their contact details.
Apply flexible access permissions via roles assigned to users.
Group employees into teams to assign to projects and manage access roles on the team level.
Invite your clients to join and gain access to time reports for their projects.
Get an extract of what is happening in your company every day, week, or month.
Import data from the most popular time trackers, project management, and source control systems.
Trackabi pricing
Pricing: Trackabi has 3 pricing options â Starter which costs $0 for 5 users, Business which costs $16/month for every 5 users, and Business Plus which costs $20/month for every 5 users. It also provides a 30 days free trial.
TSheets
TSheets is an employee time tracking and scheduling solution that saves business owners time and money. Get rid of that old punch clock or spreadsheet and simplify payroll, invoicing, and job costing. Whether theyâre in the office or on the road, your employees can track time from any locationâusing a smartphone, tablet, desktop or laptopâin real time.
TSheets
Plus, TSheets is the only time tracking system embedded inside QuickBooks. You can review and approve employee time cards to run payroll, do job costing, or create invoicesâwithout ever leaving QuickBooks!
Some of the features of TSheets are:
Accurate time for client invoicing and painless payroll
Track billable time against customers, projects or jobs, classes, and service items.
GPS time tracking and timesheet compliance
Managers can assign workers to jobs or shifts to keep the workforce in sync
Time tracking and scheduling work in perfect harmony
ProofHub helps you to plan and collaborate while having a seamless user experience that keeps everyone in the loop and focuses on the necessary with little to no learning curve. It can Integrate with the apps you already use. You can access Freshbooks, Google Calendar, iCal, Box, Dropbox, Google Drive, OneDrive and Outlook, bringing them all together within ProofHub.
Some of the features of ProofHub are:
Create discussion topics and bring all your team and client discussions at one place eliminating long email threads.
Prioritize tasks with clear deadlines and set tasks to recur to never miss the ones that need to be done regularly.
Plan and visualize how pieces of your project fit together in a timeline view.
Define custom roles and stay in ultimate control of who gets access to what according to your organizational workflow.
You can get answers to whereâs the teamâs time going and what are the billable hours of projects
In ProofHub, you can choose who manages which project. A project manager will receive all the important notifications for the missed deadlines and overdue tasks and stay accountable.
Stay updated with all the activities happening in ProofHub through real-time in-app, desktop, email, and mobile notifications.
Proofhub pricing
Pricing: ProofHub provides you two different options â Ultimate control which is charged $89/month billed annually ($99/m billed monthly) and Essential which is charged $45/month billed annually ($50/m billed monthly). It also provides you with a 14-day free trial.
Zoho People
Zoho People
Zoho people is a 360-degree HR solution. It takes care of your HR processes while you take care of your employees. From onboarding and attendance management to time tracking and appraisals, it has all the features. One of the best things about Zoho People is its flexibility. It is not used just by HR department but also can be used by Delivery Leaders, Office Management, Training Department and Finance Departments
Some features of Zoho People are:
Streamline both your data collection and secure storage with our employee database management system.
Set up your organization and maintain all your employee records in one central location.
Zoho People provides all the tools you need to help your HR staff and employees stay efficient, up-to-date, and productive, even on the go.
Set your organization’s hours, track your employee attendance, and make your payday stress-free.
Add clients, break down your projects into smaller tasks, and record hours in a timesheet.
Invoicing projects is a breeze because Zoho People is fully integrated with Zoho Books, Zoho Invoice, and Quickbooks.
Zoho People’s LMS is an intuitive platform to easily create and manage your organization’s training programs. Create courses, track employee progress, and help your team master new skills.
Zoho People pricing
Pricing: Zoho People gives you four different pricing options â Essential HR (âč42 /user/month billed annually), Professional (âč83 /user/month billed annually), Premium (âč125 /user/month billed annually), and Enterprise (âč167 /user/month billed annually). It also provides a feature of 15-day free trial.
Conclusion
Ideally, time-tracking software can tweak discrepancies in workflows to fix what is and isnât working to increase profits and automate companiesâ payroll and billing operations. Many time tracking software solutions work with other softwares like workforce management software, as well as payroll software and talent management suites. Time tracking software can be integrated either directly into time clock hardware or deployed in the cloud. Above is a list of tools that can be treated as a reference. You can choose a tool which suits your needs. How are you tracking the time of your employees? Please let us know in the comments section below.
Feedback is the truest essence of business operations. With all the branding marketing initiatives undertaken by the brands, it becomes imperative for them to garner correct and complete feedback from their consumers. With the vision to build an optimum feedback software out there, Mike Slaats launched Upvoty in 2018.
Upvoty is a user feedback tool with feature voting. With Upvoty you, as a software owner, one can easily collect and manage all of the user feedback such as feature requests, bug reports, or other ideas. Also, one can implement the feedback boards and product roadmap seamlessly into the application. Users can submit new feedback or upvote on existing ones. This way, as the product owner, one is always on top of customer needs.
Upvoty is the solution to an endless feedback loop. The Upvoty team themselves has experienced the hassle of collecting and managing feedback from different channels such as chats, emails, and phone calls. With this platform, the users have a central place for all of your customer feedback. They can create different boards for different purposes. Users can submit new requests and upvote on existing ones. Through Upvoty they can also communicate each step of the way by notifying all the voters that a request has gone âin progressâ or set to âliveâ. One can also comment and create discussions with users about why they need certain features and can even create a product roadmap to show your users whatâs next. Thatâs how the platform provides one simple overview.
Upvoty – Target Market Size
Upvoty is focusing on SaaS companies. It launched its product as a general feedback tool for basically everybody. The team that thought every startup needs feedback to build a better version of their product, so they all would want to have software like Upvoty. Wrong. If thereâs one thing the team has learned is that one has to narrow down the target audience and focus on one core (smaller) group. And thatâs when the Upvoty team started to focus on SaaS specifically and since then has grown tremendously.
âThe SaaS market is an amazing community-driven world. We are getting tons of great feedback about our product, which helps us make it better and better.â Says Mike.
Founders of Upvoty and team
Mike Slaats, Founder of Upvoty
Mike Slaats is the sole founder of the company. Currently, Upvoty is a team of five and the team works fully remotely. Upvoty is looking forward to expanding its remote team with people in Europe, the Americas, and Asia because it is managing clients from all over the world. And this would improve customer support if the team can be present in all timezones.
How was Upvoty Started?
Upvoty is not the first startup that this team came up with. Before Upvoty, the team worked on another startup and it grew very quickly and because of the user growth, the amount of feedback quickly grew too. They received feedback on many different channels such as chat, phone, email, and social media. Thus, the team was required to find a way to collect and manage feedback in a better and efficient way.
They researched the existing feedback tools and concluded that there wasnât any who was either good enough or affordable for a startup. And thatâs when they decided to build one.
To validate the idea for a feedback tool like Upvoty, the team launched a landing page with an animation video and explained what Upvoty was all about. âWe shipped it into the wild and quickly we received sign-ups from potential customers. After a few weeks, we hit 500+ sign-ups and thatâs when we knew we were on to something.â Says Mike
And they started coding the SaaS and after 5 months shipped the first beta product in November 2018. Upvoty offered the product for free to the first few customers in exchange for feedback, which helped the team build a better first version. In February 2019 they finally launched publicly and grew to an MRR of over $1,000 in just a couple of months.
Upvoty – Name, Tagline, and Logo
Upvoty logo
The founder Mike had come up with the name âUpvoty.â He was playing around with some names and eventually stuck with Upvoty because it was playful and would suggest immediately what it does: upvote! The tagline âInstant feedback, instantly better productsâ really assist in telling the audience what can do with this product.
Upvoty – Startup Launch
Upvoty was launched on the founderâs social media channels, who had a big follower base on both Instagram as his newsletter. He also did a small YouTube series from designing the tool to the launch. Upvoty also launched in beta on Betalist, and later on publicly on Indie Hackers and Product Hunt. This resulted in new signups for the beta type and helped spread the word of the launch.
The founder did a lot of interviews, shared a lot of the progress on his Indie Hackers profile, Twitter, and Instagram, and the team mainly focused on content marketing on the blog. Since they are more focused on their ideal ICP, with everything they do in marketing, they are getting more and more hits on the website. This resulted in more signups and paid clients. âWe recently released an eBook which helped us get in front of 10s of thousands of new potential customers.â Said, Mike
Upvoty – Business Model and Revenue Model
Upvoty does not have a free plan or a freemium model. It started with paid plans right from the beginning. Its cheapest plan starts from $15 a month and allows the user to create 2 boards, have 3 team members, and 150 tracked users. Tracked users are users who participated on the boards by either upvoting, commenting, or posting new ideas. If one needs more users, team members, or boards, Upvoty has two other plans: Super Power ($25 a month), or our Unlimited Plan ($99 a month) which has everything included unlimited.
Upvoty – Startup Challenges
Branding is a major challenge in the SaaS world. There are a lot of SaaS competitors and Upvoty is in the constant need to stand out. Thatâs why the team focuses so much on sharing the progress with the community. They are all very appreciative. Launching the eBook, for example, wasnât written to target potential customers, but just to share the process and progress on launching SaaS. âBecause we gave away free knowledge in a space where our target audience is actively present, it did target some new customers.â Said Mike. Also, Upvoty tried to grow with paid ads, but it has too much competition from bigger software companies.
Upvoty – Growth
Upvoty recently signed its first enterprise company which is a major bank from India. They are coming on board with Upvoty for a great annual revenue plan.
Upvoty – Future Plans
Upvoty is aiming for an MRR of $10,000 before the end of 2020. âWeâre hoping to accomplish this by doing more demos, making our product better for bigger teams so we can acquire bigger companies and enterprises. This should boost our MRR.â Said, Mike.
Virtual teams are becoming more and more common across the globe â from virtual assistants at small businesses to teams within big companies such as IBM to digital start-ups with fully remote teams. The benefits are clear. According to Global Workplace Analytics, remote teams increase employee productivity, satisfaction levels, and can save a company more than $10,000 annually. Thatâs not including the benefit of tapping into a global talent pool.
Team
As it becomes more common for companies to utilize remote workers, these businesses are discovering an influx of unique and new challenges related to managing virtual teams. As with any business, there are definitely hurdles to overcome.
Benefits of Hiring a Remote Team
Access to the best employees
Top talent doesnât always just come knocking on your door. Significant effort is always required to build a world-class team. Of course, you have to carefully consider candidates during the hiring process. This often involves creating a team member persona, or in the case of a remote hire, a âremote personaâ (just like you create buyer personas for your customers).
You should look for people who meet your criteria in the following areas:
Company values
Discipline
Focus
Work/life balance
Decision-making skills, etc.
Criteria for Hiring
One of the benefits of hiring remotely is that it gives you more options than limiting yourself to local employees. If you choose to broaden your horizons and decide to hire remote workers, you will be able to find excellent team members anywhere in the world. The A-players that you hire around the globe will surely help your company grow.
The fact is, employees who are allowed to set flexible schedules are happier than those who have to live under the rule of the clock. They tend to have fewer family conflicts than their colleagues who work at the office.
Flexible work hours
Moreover, employees who work from home say managing balance between work and family is much easier for them. Not surprisingly, the happier your employees are, the more productive you can expect them to be, which leads to faster company growth and good company moral.
Low employee turnover
According to 2017 research, 32% of people would quit their job as they are not allowed to work remotely. Many companies take this fact into account as losing an employee and hiring a new one involves significant expenses. As a result, smart companies embrace the remote work policy to keep their employeesâ turnover rate low.
Low overhead
Having a team of remote workers allows you to lower your overhead by cutting office expenses. Recent calculations show that companies would save more than $500 billion a year on office rent, utilities and turnover if they chose remote work schedule. Instead of spending money on maintaining your office, you will be able to invest it in your business.
Challenges of managing a remote team and how to overcome them
Communication problems
If you want to foresee and fix one issue from this list, choose communication. Itâs the cause of almost every other management issue. Managers provide direction at every step of a project or business initiative, so they need to be extremely good at communicating the strategy and understanding whatâs happening within a team. Communication is the key to success for most teams. Itâs critical to gather input from all members and to know what each person is working on.
Communication in remote teams
When teams work remotely, it isnât always easy to foster open communication. Traditional email marketing often seems like a formal tool that doesnât enable quick conversations. Efficient, effective communication is the cornerstone of any functioning group, and it is especially crucial for remote teams. Coordinating virtual team members can be challenging, and communication can be a big stumbling block for many companies trying to successfully navigate remote hires.
Potential solutions
Make use of communication-based technological tools. Instant messaging, chat, and other two-way communication channels make sharing problems and potential solutions easier than ever.
Keep these channels open, and consistently monitor them throughout the day. If an employee has a problem, idea, or thought that needs to be shared, you should be as responsive and available to a remote employee as you would to any on-site worker.
Use project management software such as Hubstaff Tasks. Having one central tool for organizing projects and tasks ensures that everyone who needs to be in the loop stays that way. You can assign tasks to team members, add comments, outline the project steps in a checklist, and more.
Generally, itâs a good idea to try and clarify as much as possible about the role: whatâs expected, which KPIs to measure, resources that are available and so on. Itâs very important to clarify these things with your virtual employees, as they have no other medium to find out such details.
Finally, a more practical yet potentially time-consuming suggestion is to check for understanding after each meeting. Before you end, make sure everyone knows what their next steps are, then check if these matches and if the interpretations are aligned. This is very important in remote teams where youâre relying on emails, chat, and calls. Usually, youâre managing all of them combined. Important details can easily get overseen, skipped or misinterpreted.
Scheduling difficulties
Working with a remote team offers the potential for increased productivity, but managers must also overcome some virtual-related inefficiencies. For example, one of the most difficult challenges is managing workers across several time zones.
Scheduling difficulties
First, there are tools you can use online to help make scheduling a call, video conference, or meeting with remote teams easier. From a simple online poll that lists selected dates and times that team members can choose to calendaring apps and a variety of websites and free hosts that assess participant availability, there are ways that make the process of scheduling a meeting less stressful. It also helps if team membersâ schedules are flexible, since some time zones donât line up well with traditional working hours.
Potential Solutions
Whenever all employees are meeting (via phone, teleconference, or video conference), find a time that falls within everyoneâs workday. This might mean first thing for some and end of the day for others.
If the time difference really makes coordinating schedules impossible, get creative. For example, record meetings for employees who canât attend live. This way, they can view and/or hear what happened.
Collect feedback regarding meetings via e-mail. This gives everyone the opportunity to chime in; even those who couldnât attend while it was actually happening.
Use email to document big and important announcements such as process changes, company directives, and other important announcements that donât require a meeting, but are nonetheless important.
Use scheduling software that allows you to schedule shifts for each team member and get alerts if they havenât started tracking time during that window. You’ll also get email alerts if a shift is abandoned or there are missed shifts altogether, ensuring that teams are working when they say they will and avoiding downtime for your business.
Do you know how much work your remote team accomplishes and at what rate? For many managers, the answer to these questions is unclear. Itâs hard to know if someone is being underutilized or is not pulling their own weight without an understanding of their productivity. For this reason, remote managers need to establish ways to track productivity for all employees. This can include setting up metrics for how much work is expected to be completed each day. This might look like:
Creating and maintaining a company blog.
Scheduling 20 social media posts per hour.
Making 150 cold calls per shift.
Tracking work and productivity
The KPI metrics you choose to evaluate the productivity of remote employees should also be the same criteria used for in-office employees. This ensures that there are clear expectations in place, regardless of how and where your team works.
Potential solutions
For customer-facing team members in remote agencies, have a system in place to ensure open channels of communication between you, the customer, and the employee. If a customer doesnât feel a remote employee is meeting expectations or hitting necessary benchmarks, you, as the manager, need to know this as soon as possible.
When you manage remote workers, you have a lot less insight into how work is getting done. Employees must know whatâs expected of them at all times, including if youâre concerned about hours logged or if youâre simply interested in the end product (regardless of time spent).
Even remote teams can implement some rules about how work is done. Some virtual companies insist on employees working from an office or offer to pay for a coworking space if the employee chooses to work from one. This works well to provide a distraction-free work environment.
To avoid problems, itâs helpful to have a quantitative way to evaluate a remote workerâs contributions. This way, if youâre in any way unhappy with the work, you can explain exactly why. This will make it clearer for the worker, and it helps get that employee up to speed about expectations as quickly as possible.
Utilize employee productivity software to get the best sense of what your remote team is up to during the workday. Depending on the system you use, this platform could even provide intermittent screenshots to show you exactly which projects are being worked on, and what the status is. This tool provides invaluable data to you, and it encourages remote employees to stay active and engaged in company priorities.
Building trust
Building trust is difficult for remote managers and team members. Managers worry that workers arenât completing work, while workers have a range of concerns, including whether theyâll be paid on time. Being transparent can help to build trust for all parties. You can help build trust by being transparent about: Working hours, Project expectations, Pay rate, Payment timelines, and Status updates on projects
In terms of expectations, be honest about the workload you expect to have for your contractors. Many B2B marketing companies tell freelancers they can expect the amount of work to increase substantially over the coming months, even when this isnât the case. These kinds of statements might be well intentioned, but it may lead some freelancers to believe theyâve been strung along. They may even have negotiated for a lower rate because of the volume and then feel duped when it doesnât pan out.
Potential solutions
Employees need feedback often in order to correct problems early on and become satisfied, top performers in their role. Be sure that all managers are giving frequent feedback to address any issues, blockers or challenges people are facing. This will help the managers to develop trust with the team members and give them the flexibility needed to make virtual teams work.
Put a premium on video conferences. Seeing each otherâs faces is the next best thing to meeting in person.
Trust your employees, but also utilize time-tracking software. It keeps everyone accountable and can help team members feel confident in the hours they put in.
So how can SaaS leaders and companies effectively support and manage employees who arenât in an office? There is the REMOTE formula to help. Resources, Engagement, Motivation, Objectives, Trust and Expectations are what you need to remember when working with, or developing a team remotely.
REMOTE formula
Resources: Get the right tools. Thereâs an abundance of online collaboration resources which, in some cases, are specifically designed to ease the struggles of remote working.
Engagement: Engage with your remote workers on a daily basis as you would do if they were based in an office. You must eradicate all feelings of isolation. Communication is key and setting out clear goals and outcomes is important to achieving success.
Motivation: This is exactly the same as in an office environment. You donât want your team soft pedalling and giving just a small percentage of their full potential. Motivating your team to achieve tasks they may have never done before will better utilize their just discovered skillset, improve productivity and maximize effort.
Objectives: SaaS team leaders should focus on setting direction via goals, not activity. Try not to be overly concerned with details, and when goal achievement confidence is low, know when and how to jump in and find a way to support the area thatâs a challenge.
Trust: This is a biggie. You must trust your remote workforce. It starts with whether youâre a high trust company or a low trust company. A high trust organization would have their fair share of multipliers. The company shows empathy, collaboration and recognizes their employees as people who are achieving great things. A low trust organization tends to express toxic cultures and would have diminishers amongst the teams. Most of the time formality takes over friendliness.
Expectations: By introducing a remote working culture youâre leaving your employee more control of their working structure. Expectations of them and the work they produce for the company needs to be made extremely clear.
Conclusion
The debate of remote working is one that will continue to develop. The purpose of this long post is to aid SaaS companies when making a decision to grow and scale, but a work from home culture is not for every organization. Despite the fact that creating and managing a remote team is not easy, itâs definitely worth trying if you have the tools to be successful. So, let’s create your remote team now. Please tell us your views in the comments section below.
Building a SaaS product introduces a lot of challenges – especially acquiring the right talent for the project, meeting budget and time targets. Outsourcing brings many advantages to SaaS development. The offshore SaaS development process is now smoother than ever with implementation of better development methodology and qualified product developers.
With adequate resources available, one can use simple development methodology to implement a communication and result oriented strategy. With a team-based approach to SaaS product development, you get access to additional benefits of flexibility and speed. The best place to find local developers to collaborate with is to attend local tech meet-ups and start asking around. Find like-minded people you’d trust to collaborate with to develop your idea.
Why Outsource Software Development?
At the most fundamental level, outsourcing can help solve three specific issues: providing access to talent, saving time and lowering costs. In addition, outsourcing can also provide scale and reduce time to market. Many large companies have already turned to outsourcing. Startups and mid-sized technology companies are getting there, but they seem to have a harder time making the decision to try it. Working with an outsourced development team provides a number of benefits to SaaS companies. Both during the MVP stage and growth stage. Besides, outsourcing the development of your SaaS products give you multiple benefits.
Why Outsourcing?
Most software companies build early versions of their software in-house and iterate until they find a product-market fit. Then, they rapidly grow their user bases. But as growth accelerates, so does the pressure to meet aggressive product roadmaps, add new features and fix bugs and usability issues. The weight of this work strains the internal software development team, and they need to expand. At this stage, companies immediately run into the realities of finding and hiring IT talent â the 50-plus days it takes to find, interview and hire (which doesnât include on-boarding) and the high incremental costs of adding new employees. All while managing sales, marketing and growth processes. If youâre facing similar challenges, outsourcing might be the best answer.
In addition to providing access to talent, outsourcing development affords companies many other benefits, from time and cost savings to process improvements.
Start Software Development Projects Right Away.
Outsourcing can help you manage growth without getting overwhelmed. It can speed up software development by providing quick access to developers and testers. Instead of spending 50 days to hire each developer, you can hire a whole team in one week and get started. And you donât need to spend 80 hours screening every hire; itâs done by your outsourcing partner.
Lower Costs
Like most other tech companies, SaaS ventures typically operate on a shoestring budget focused on reducing initial development costs and maximizing the return from their finalized software. Because of these limitations and the intensely competitive nature of the SaaS industry, it is incredibly difficult for companies in this arena to have the budget to hire the sort of large, highly skilled internal development teams necessary to produce a minimum viable product (MVP) that can connect with consumers.
Outsourcing lowers cost
Thatâs why many companies, large and small alike, turn to outsourcing when undertaking a new SaaS development project. Some companies opt to outsource their entire development process to an experienced end-to-end delivery team, capable of translating a rough idea into a polished final product. Whatever your needs, your outsourcing partner should help you create a cost-effective plan of action that allows you to add hyper-specialized developers to your company as soon as you are ready.
Implement Efficient Processes.
Software development requires both skilled developers as well as strong processes. A good outsourcing partner can improve development by leveraging its experience in executing similar projects. It can, for example, apply its framework and practices for managing code quality and protecting intellectual property.
Outsourcing Implement Efficient Processes
With an outsourcing partner, you can meet demand at a reduced cost, allowing you to invest more in key growth drivers, such as marketing, sales and product development. You actually can have your cake and eat it too!
For the modern companies, one of the most harrowing challenges that they face is finding the right talent in a competitive job market. The Annual CIO Survey found that 65% of technology leaders said that the search for tech talent is one of their industryâs biggest challenges. However, thoughtful tech leaders can sidestep this problem through software outsourcingâand by working with outsourcing partners who have a wide network of experienced software engineers ready to begin their next project today. Just as importantly, their recruiting staff can identify which software engineers are best suited for your organization given your internal capabilities, budget, and project goals.
Flexibility After Development
In the midst of a major software development project, most employees donât have time to think ahead to next month, much less next year. But, one of managementâs primary responsibilities during this time period is to make sure that their team is prepared for the next steps once the software is brought to market.
If you outsource SaaS development from the very beginning of your project, you can simply thank your temporary team members for their hard work and contributions and wish them well on their next project. This is an enviable position to be in: managers who followed the old system of hiring a full-time staff are trying to figure out how to reduce their budget and put these employees to work, while those who outsourced development are looking towards the future and reorganizing their augmented staff for the next big project.
Learn from Others
Outsourcing software development allows you to bring in the most sought-after experts in the SaaS development field without the need for a drawn-out hiring process and, even more impressively, allows you to add them to your team almost immediately since your outsourcing partner will have these engineers on-call.
An incredibly difficult aspect of the SaaS process is that management should fully understand the SaaS development cycle, their customer needs, and the challenges that the project will likely bring. However, no matter how experienced your management team is, they can undoubtedly benefit from working with outside advisors who have overcome those very same challenges repeatedly throughout their careers.
Some top SaaS companies that outsourced development and became successful.
Slack
Slack
One of the most popular communication tool used by many businesses. Not everybody is aware that the development of this collaboration application launched in 2013 was in fact outsourced. The four founders of the startup contacted a design company to handle the design of the website, application and Slackâs logo. The MVP was later distributed to beta testers and gained 8k users on the final launch day. As for today, Slack is used by nearly 8 million users per day and is steadily gaining momentum and recognition.
Microsoft
Microsoft
Yes, Microsoft, a giant that does not have to be introduced. Employing more than 131k people, Microsoft is said to have as many remote contractors as its direct employees. In 2010 Microsoft signed an outsourcing deal with a provider in India to manage its internal IT operations. The partner was responsible for managing IT help desk and servicing applications, devices and databases in 450 locations in more than 100 countries. This allowed Microsoft to reduce IT support costs.
Groove
Groove
Groove – an online customer support platform – is yet another amazing example of what outsourcing can give you. Its founder – Alex Turnbull – after selling his previous company, wanted to get back into the game as quickly as possible. Lacking technical knowledge and staff, he decided to outsource the entire development of the product. This allowed him to save money that would have been spent on hiring employees, offices etc. In 2016, Groove gained a total revenue of $5.2 million and is now employing people all around the world.
Conclusion
In the development of any software product or service, the most crucial resources are time, money and energy. SaaS software or products are the applications that will only witness a rise in the coming years. There are various tools and applications available in the market today for efficient project management overseas. With Skype, Google Hangouts, Jira and various others, you can easily manage the offshore development of your SaaS product. Those few stories from SaaS startups that recognized the value of outsourcing their development are truly inspiring. They are proof that outsourcing saves money and allows to quickly create prototypes and shorten time-to-market. So, what do you think about outsourcing software development? Please let us know in the comments section below.