Company Research Report: Accord
Company Overview
Name: Accord
Mission of the Company:
Accord helps revenue teams drive execution excellence by enforcing their standards for how they sell, onboard, and expand with prospects and customers.
Founded By:
Ross Rich, Ryan Rich, Wayne Pan
When Was the Company Founded:
No information is available.
Key People in the Company:
- Ross Rich: Co-founder & CEO
- Ryan Rich: Co-founder & CPO
- Wayne Pan: Co-founder & CTO
- Aaron Chin Cheong: Senior Customer Success Manager
- Andy Chu: Software Engineer
- Arif Jaffer: Growth Marketing Manager
- Barbara He: Software Engineer
- Brandon Williams: Mid-Market Account Executive
- Connie Cheung: Software Engineer
- Ian Russell: Advisor
- Lenny Ohm: Head of Marketing
- Michael deForest: Chief of Staff
- Ralph Joachim: Software Engineer
- Rob Hendricks: Product Designer
- Sanger Yoo: Senior Customer Success Manager
- Shekhar Chandra: Software Engineer
- Steph Smith: Customer Experience Lead
Headquarters:
No information is available.
Number of Employees:
No information is available.
Revenue of the Company:
No information is available.
What the Company is Known For:
Accord is known for its deal execution platform that helps revenue leaders enforce execution standards across deals, ensuring that steps are followed and stakeholders are engaged.
Products
Overview
Accord offers a range of software solutions designed to enhance execution excellence across various revenue-generating processes within B2B companies.
1. Deal Execution Platform
- High-level Description: Streamlines the deal process from evaluation to activation by integrating value-selling methodologies and creating mutual action plans.
- Key Features:
- Standardized playbooks
- Deal criteria mapping
- Bi-directional CRM integration
- Real-time buyer engagement insights
2. Onboarding & Activation Platform
- High-level Description: Improves customer onboarding and accelerates activation times by providing a clear roadmap and necessary resources.
- Key Features:
- Seamless Sales-CS handoff
- Scalable onboarding playbooks
- Customer engagement tracking
- Auto-reminders for next steps
3. Mutual Action Plans (MAPs)
- High-level Description: Facilitates a shared roadmap with the buyer, aligning on next steps and objectives to prevent lost deals and missed goals.
- Key Features:
- Stakeholder mapping
- ROI calculations
- Timely involvement reminders
- Strategic alignment
4. Playbook Enforcement
- High-level Description: Ensures standardized execution of GTM strategies across every rep and deal through customized playbooks that sync with CRM systems.
- Key Features:
- Auto-create playbooks from CRM
- Mapping resources to deal stages
- Consistent adoption of best practices
- Templates for sales and CS
5. Methodology Enforcement
- High-level Description: Integrates sales methodologies like MEDDPICC or Challenger into deal stages ensuring compliance with proven strategies.
- Key Features:
- Deal criteria in-line with opportunity stages
- Pipeline control by qualification frameworks
- Smooth handoff from sales to CS
6. Account Planning
- High-level Description: Provides dynamic account planning playbooks to ensure repeatable, actionable strategies for account management.
- Key Features:
- Standardized account plans
- Centralized timeline and milestones
- Stakeholder placeholders
- Revenue and growth data points
7. Sales Content Management
- High-level Description: Centralizes content and ensures it is always updated and relevant within playbooks and deal stages.
- Key Features:
- Centralized, up-to-date resource repository
- Mapped resources to stages
- Real-time content analytics
8. Forecasting Accuracy
- High-level Description: Improves forecasting accuracy with real-time sales data and aligned deal criteria.
- Key Features:
- Automatic insights and reporting
- Real-time engagement data
- Consistent deal criteria
- Complete internal and external stakeholder accountability
Recent Developments
Recent Developments in the Company:
- Secured $10M in funding (Jan 23, 2023)
- Added $1M to seed round (Sep 18, 2021)
- Launched their B2B sales platform with $6M seed (Feb 10, 2021)
New Products Launched:
No information is available.
New Features Added to Existing Products:
No information is available.
New Partnerships:
No information is available.
This report provides a structured and detailed overview of Accord, its product offerings, and recent developments. No additional commentary is included as instructed.