AccountAccount Account refers to a record of primary and background information about an individual or corporate customer, including contact data, preferred services, and transactions with your company. Management

Managing Accounts for Sales Forces

Account management software empowers you to keep account information consistently up-­to-date, organized, and actionable.

The Importance of Key Account Management Software for Sales Professionals

Account management is a considerable job – ­­and one of the most important for a sales professional. Account management consists of several key functions, which added up actually summate to happy customers.

You don’t close a sale; you open a relationship if you want to build a long-term, successful enterpriseEnterprise Enterprise (in the context of sales) is a relatively large organization typically composed of multiple levels, locations, and departments which need multi-layer software systems that support collaboration across a large corporate environment..

Patricia FrippPatricia Fripp


The first key factor is, who are the contacts for that account? What are their roles? How do they relate to each other, in terms of influence for the company and on deals for that company?

Account management software needs to address these points as part of its function. Ideally, you should visualize contacts, their roles and relationships for instant understanding.

What is CRM software with visual contacts

Pain Points

Any account as it relates to your company and products is going to have its *pain points* – ­­that set of factors that brought them to your door in the first place. A key point of account management is to have a good handle on the pain points for any account. Then, utilize them in all communication with that account.

Account management software should incorporate the use of pain points, ­­that is, make them plainly visible. Thus, any sales or marketingMarketing Marketing is the field, set of actions, or practice of making a product or service desirable to a target consumer segment, with the ultimate aim of effecting a purchase. personnel that needs them for understanding of and communication with that account can instantly access them.

Experience Pipeliner CRM Now

Pipeliner allows salespeople to take control of their opportunities, remain consistent through every stage of the sales processSales Process Sales Process is a series of strategic steps or a set of activities aimed at driving sales growth through the alignment of personnel, market insight, methodologies, relevant business units, and technology., and always stay focused on important priorities. It's the CRM that salespeople actually enjoy using.
Try Pipeliner CRM for Free

Sales Process, Activities and Tasks

The essence of account management is, of course, motion. That account is being moved forward toward the next deal, the next close.

Thus, we divide such motion up into clear steps. Broadly, these would be the steps of your company’s sales process­­ – that precise series of steps that take an opportunity (account) from leadLead Lead refers to a prospect or potential customer (who can be an individual or organization) that exhibits interest in your service or product; or any additional information about such entity. all the way to close. Ideally, account management software would have your company’s sales process expressed visually in the pipelinePipeline Sales pipelineis a visual representation of the stage prospects are in the sales process. form. This will show where all deals stand in which stages.

Until you understand your customers — deeply and genuinely — you cannot truly serve them.

Rasheed OgunlaruRasheed Ogunlaru

Within each sales process stage, there are various activities and tasks which must be performed to move that opportunity through that stage and into the next. Such tasks and activities are often written up or recorded as best practices for a sales organizationOrganization Organization is a cohesive group of people working together and formally bound by a shared identity (e.g., one team, company, club, etc.) and a common purpose (e.g., business growth, athletic victory, etc.)..

Ideally, account management software visually expresses both its sales process, and the tasks and activities that make up each sales process stage. In doing so nothing is left to the imagination­­ – sales reps whether seasoned or green know where to go and what to do next to move that sale along.

Visual sales process and task activities

Relationship Mapping

Another very advisable task for any sales force is to have a ready system of relationship mapping as part of account management. You can express this mapping in two ways:

Sales process

As an Org Chart, that shows the hierarchy of your prospect company, and their roles as it relates to buying decisions and the buying cycle.

CRM Buying Center

As a Buying Center — a visual interpretation of all the people involved with an account, and their relationships to and influence upon each other.

Sales POP! • Purveyors Of Prosperity