Dovarri Submits Patent for Revolutionary Sales Management Technology
April 07 2008 - 10:02AM
Marketwired
HOUSTON, TX announced today the submission of a patent
application incorporating a revolutionary sales system called "the
Funnel" into its CRM and SFA software. The dynamic system reacts in
real-time to data revisions, instantly converting the information
into a visual funnel that allows sales teams to react and take
advantage of rapidly changing market conditions. Reliance on
snapshot reports is eliminated, permitting managers the ability to
be immediately proactive instead of reactive to their sales teams
and markets.
Date/time stamped when it enters the system, each sales lead
begins to expand the Funnel. As the lead progresses through the
sales process, it elongates and expands each section of the funnel,
contracting upon completion of that stage. Once successfully
closed, the sale exits the Funnel. Applications include monitoring
specific leads, individual salesmen's effectiveness and analyzing
departments' or companies' sales results in real time.
"The Funnel provides an instant virtual accounting of sales
effectiveness at both individual and management levels. Each
company can fine-tune its sales procedures based on how long each
sales stage should take. It allows the company to visually identify
when and where a prospect or salesperson gets hung up in the
system," said Geary Broadnax, President and CEO. "This 'liquid'
interactive approach is the next generation for sales
management."
Dovarri is a leading provider of Customer Relations Management
(CRM) and Sales Force Automation (SFA). CRM software develops
stronger customer relationships by identifying and managing
customers' needs, dramatically increasing customer retention. SFA
automates sales tasks, manages customer interactions, and analyzes
sales forecasts and performance. Incorporating a good SFA system
results in a noticeable reduction in the length of the sales cycle
and enables sales people to sell up to 41% faster
(smallbizcrm.com). Dovarri 7.0 Orizon, built on Microsoft
SharePoint Services platform, presents an intuitively designed,
web-based CRM and SFA software that utilizes a streamlined customer
interface. Because 80% of the program can be learned within one
hour, rapid implementation and user adoption is certain.
MS SharePoint is a unique .Net platform that controls business
information and manages documents over the Internet. Building
Dovarri's CRM/SFA on its foundation results in simplified
information sharing, increased efficiency in team collaborations,
and improved personal productivity. HP, a long-term Strategic
Partner, recognizes Dovarri's superior products and service, and
recommends Dovarri to their small and medium-sized CRM customers
(www.hp.com/sbso/wireless/sales_force_automation.html). Dovarri was
awarded SFA Small and Medium Business Product of the Year in 2005
by SEARCHCRM.com. More information about Dovarri is available at
www.dovarri.com.
HP focuses on simplifying technology experiences for all of its
customers -- from individual consumers to the largest businesses.
More information about HP is available at www.hp.com.
This report contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including, without limitation, statements as to the expectations,
beliefs and future expected financial performance of the Company
that are based on current expectations and are subject to certain
risks, trends and uncertainties that could cause actual results to
differ materially from those projected by the Company. Among the
factors that could cause actual results to differ materially
include conditions in the capital markets, including the interest
rate, environment and the availability of capital, changes in the
competitive marketplace that could affect the Company's revenue
and/or cost and expenses, or changes in technology or customer
requirements, which could render the Company's technologies
noncompetitive or obsolete.
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Contact: Sandy Arnett Dovarri Investor Relations 713.882.3594
http://www.dovarri.com
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