“We want to grow slowly and inefficiently,” –– said no one ever!
Every company, every leader, and every operator wakes up with one simple goal – how can I grow faster, but efficiently, and not at all cost?
So every business wants to accelerate their growth. But Growth At All Cost (GAAC) approach doesn’t work anymore.
Since the economic downturn in 2022, businesses have faced a double challenge: 1) growth rates have been cut in half, and 2) the cost of achieving that growth has nearly doubled.
Go-to-market (GTM) teams are struggling to maintain efficiency, with the cost of acquiring just one dollar of net new ARR skyrocketing.
The underlying cause is that human capital has gotten expensive. They also lack the knowledge and skills to provide the best buying and customer experience. And lastly, they are also unable to keep up with demanding market needs and competitive situations.
B2B companies have traditionally relied heavily on people to drive growth, but this approach has limited scalability. As the demand for skilled talent increased, the limited supply created a supply-and-demand imbalance. This led to rising costs, GTM inefficiencies, and, ultimately, unsustainable growth.
AI can solve this GTM inefficiency, making growth both scalable and sustainable.
The key to solving GTM inefficiency is to focus on increasing both – i) efficiency and ii) effectiveness.
Increasing efficiency is about saving time, reducing costs, and doing more with less with AI automation.
On the other hand, increasing effectiveness is about prioritizing the right deals and customers and improving the efficacy and conversion of every opportunity with AI intelligence.
Gone are the days when you focused too much on top of the funnel and obsessed about the pipeline alone. As much as you want your top-of-the-funnel to grow, you also want to fix your leaky bucket to improve your deal close rate and increase your customer retention rate.
Growth acceleration starts when you acknowledge that it’s not one lever that turns the wheel. Instead, it’s several touchpoints across the customer lifecycle, and your internal process needs to come together.
But…that’s where the problem arises.
No one person or team has the time to focus on the bigger picture despite having specialized teams for growth.
Everyone owns only a little piece of the puzzle. And it has led to several point solutions for specific pain points, not only resulting in SaaS fatigue but also a lot of inefficiency in bringing together insights and automation.
In the conversation intelligence and revenue intelligence space where Avoma operates—we see that most players solve specific pieces of the growth puzzle. For example, some players focus on automating meeting notes and transcriptions, whereas others focus on offering insights through forecasting and revenue intelligence.
While it may look like there’s clarity in what each product brings to your table, unfortunately, it becomes a hot mess of inefficient processes where you end up wasting valuable time in stitching together information to drive outcomes. It’s almost like spending several hours commuting to a job that requires only a few hours to do the actual work.
Revenue teams juggle between meeting scheduling tools, note-takers, coaching solutions, revenue insight tools and more—just to run one meeting. And yet insights don’t feed into automation.
When knowledge workers are spending up to one-third of their work week in meetings, the last thing you want to do is—be held back due to fragmented workflows, data silos, and high costs of point solutions slowing down their growth.
So, at Avoma, we decided to make life easier for revenue teams by helping them increase efficiency with automation and, simultaneously, increase effectiveness with insights—by bringing them both under one growth acceleration platform.
But first, let’s understand what a growth acceleration platform means.
Growth acceleration platform drives rapid and efficient business growth by integrating automation, data-driven decision-making, and performance improvement. However, it is not just about speeding up growth, but also ensuring that growth happens in a way that optimizes resources, such as time and costs, while maximizing output.
Growth acceleration platform focuses on:
With that context, let’s understand what Avoma’s growth acceleration platform offers to help you accelerate growth.
Avoma helps you manage the entire growth lifecycle—from scheduling meetings and routing leads, to automatically taking notes and updating your CRM during the meetings and offering actionable intelligence from conversations and revenue forecasts across the board.
In short, it’s a single platform that helps you:
Automation
Insights
The Meeting Lifecycle Assistant is a critical automation component of the growth acceleration platform that automates your note-taking, email follow-ups, and CRM entry—saving you 5+ hours of grunt work per week.
The capabilities of the Meeting Lifecycle Assistant include:
Avoma’s scheduler and router are also automation components of the platform that help you deliver a frictionless experience by automating scheduling, lead qualification, and routing so that your prospects and customers can instantly book meetings with your team.
The capabilities include:
Real-time Conversation Intelligence is a key insights component of the platform that helps you improve your deal win rates and shorten your onboarding by automated call scoring, personalized coaching, and getting visibility into talk patterns and topic trends.
The key capabilities of conversation intelligence include:
This one is also a key insights component of the growth acceleration platform. Revenue Intelligence helps you drive predictable growth by improving forecasting, quota attainment, and identifying potential revenue leaks. It helps you discover deal and churn risks, helps you track sales methodology, and get AI-driven win-loss analysis, and more.
Key capabilities of Avoma’s revenue intelligence include:
These capabilities empower executive teams to make data-driven decisions on sales team structure, resource allocation, sales methodology, pricing strategy, expansion, and uncover the business's true growth potential.
The reality is that each member of your growth team is responsible for only a specific aspect of the growth process, often relying on multiple-point solutions. This not only slows down the growth but also:
By automating repetitive tasks and streamlining workflows, such as booking meetings, routing leads or automating note-taking, you can free up valuable resources and significantly reduce operational costs. This not only saves time but also minimizes human error, ensuring accuracy and consistency.
By understanding customer behavior, identifying trends, and forecasting potential revenue, you can make informed decisions that drive growth. The combination of automation and real-time insights is a powerful formula for accelerated growth.
In an industry characterized by rapid change, those who fail to adapt to the concept will risk falling behind. By embracing an all-in-one platform with automation and real-time insights, you set yourself up for long-lasting success.
Want to explore the features of our Growth Acceleration platform? Take it out for a spin yourself or book a demo with our sales team.