Solving the disconnect in B2B SaaS companies: EFM Software
Discovery of a new way of streamlining and improving the customer feedback process: the implementation of Enterprise Feedback Management (EFM) software.
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Product
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Customer Success
As B2B SaaS companies grow and evolve, they often find themselves in a tricky position. They started off small, with the ability to stay in tune with their customers. Their fingers were on the pulse of each customer's needs and desires. This close-knit connection with their customer base, along with a clear understanding of the jobs they were tasked to do - offering software solutions that solve specific business problems - was a recipe for success.
As businesses get larger, teams expand and chatter within the organization increases. It becomes a challenge to maintain that close connection to the customer. Core customer insights tend to dissolve into the noise, and the voice of the customer is drowned out.
This phenomenon is not uncommon; it’s a predicament many B2B SaaS companies face. A larger customer base, an expanding product portfolio and a growing team results in the dilution of the central customer truths and increases the disconnect between the company and its customers.
Traditionally, SaaS companies have tried to resolve this issue with customer relationship management (CRM) systems, regular customer surveys and feedback processes. Yet, these often fall short, being too infrequent, impersonal or time-consuming to truly capture and relay the voice of the customer to every part of the organization.
The turning point has been the discovery of a new way of streamlining and improving the customer feedback process: the implementation of Enterprise Feedback Management (EFM) software.
A robust EFM system transforms the way companies communicate with their customers. It provides a platform that encourages and captures continuous, real-time customer feedback, ensuring the customer's voice echoes throughout the company, providing common and actionable insights to all parts of your enterprise. It strengthens the customer-business bond by nurturing a two-way dialogue, keeping everyone in the loop and forming a common language built around undisputed customer needs and tasks.
Implementing top-tier EFM software will help businesses regain their rhythm, rediscover their groove, and refocus on the customer. With the customer's voice amplified throughout the business, teams can work in sync, creating products and services that align perfectly with customer needs and expectations.