Dovarri Submits Patent for Revolutionary Sales Management Technology
Dovarri, Inc. (PINKSHEETS: DVAR) 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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