2/18/2023 0 Comments Free docsflowWhat are you doing about poorly performing documents?Ĭreating and sending documents is great.How/where are you communicating about your docs with prospects?.On average, when they send a document, it gets closed in less than one day. PandaDoc users have access to robust document analytics and real-time notifications that make them better sellers. Ask yourself: What insights do I have into how my documents perform once they get sent? So, let’s take a look at what and how PandaDoc users are sending their documents. Our users always know when a recipient opens, views, comments, or completes the document. But getting them out the door and in front of the prospect is a whole different ball-game. Are they using brand-approved templates?Ĭreating documents is one thing.Which teams are involved during document creation?.A total of 6.6 million documents were created by PandaDoc users in 2019. New PandaDoc users typically decrease document creation time by 65%, saving about 12hours a week. Ask yourself: How quickly is my team typically creating and approving documents? So, let’s take a look at how fast the typical PandaDoc customer creates and approves docs. The result is a faster, smoother document creation process. For PandaDoc users, they heavily rely on templates in order to increase brand control and approval rates. The steps around document creation and approval can have some serious setbacks and bottlenecks. Which area does your team need to improve the most? Benchmarks for creating documents: Without further ado, here are the 10 metrics we gathered and analyzed from our PandaDoc customers that you can also try measuring within your own organization. But knowing why it’s happening is even more powerful. Having insights into what’s happening with your documents is important. The hope is that with these benchmarks, you can identify gaps and make adjustments to your sales organization and become more efficient. That’s why we aggregated the data from our 17,000+ customers across 10 key metrics that we can accurately and reliably measure inside of our platform. More specifically, we believe you need to evaluate your entire document process - from creation to close.īut in order to effectively measure how your docs flow, you need some reliable industry benchmarks to compare yourself with. Here at PandaDoc, we think a great place to start that evaluation is by measuring your business documents. Have you ever wanted to know how your business stacks-up against your peers? You Pandas have cool data, but now what?ġ0 benchmarks for comparing your business document workflows against PandaDoc customers.10 benchmarks for comparing your business document workflows against PandaDoc customers.
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