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What does the billing rate mean?
The signing rate refers to the number of quotations or plans issued by sales staff for customers in a sales cycle, which accounts for the proportion of actual clinched orders. Generally speaking, the higher the billing rate, the better the working efficiency of the sales staff, which means that the sales staff have stronger communication and negotiation ability with customers in the negotiation process.

The signing rate is a very important index in enterprise sales monitoring and assessment. By monitoring the billing rate, enterprises can know the performance of sales staff in time, find and solve problems in the sales team in time, and give sales staff more scientific and meticulous incentives and rewards, thus improving sales efficiency and market share.

Improving billing rate is not only the responsibility of sales staff, but also an important link of enterprise management. Enterprises should strengthen the training and management of sales personnel, improve the motivation and enthusiasm of sales personnel, at the same time strengthen the understanding and maintenance of target customers, and improve the interaction and cooperation between sales teams and customers, thus promoting product sales and market expansion.