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Don't wait for the final "yes" from the economic buyer to begin the procurement process. Engage legal and procurement in parallel to handle MSA redlines and administrative hurdles. Front-loading this work saves critical time at the end of the quarter when everyone is busy, dramatically accelerating deal velocity.
Rushing to engage procurement shifts the conversation prematurely to price. Instead, focus on building an overwhelmingly strong value case with your internal coach and the economic buyer. This empowers your supporters to champion the solution's value, neutralizing procurement's ability to commoditize your offering and focus solely on cost reduction.
To maintain speed in a high-volume M&A environment, you sacrifice the luxury of sequential processes. The key is to front-load diligence by identifying the five to ten critical items that could kill a deal and immediately testing for them.
Engaging with procurement early commoditizes your solution and centers the conversation on price. Instead, sell value to the actual users and decision-makers first. By the time procurement is involved, the decision and price should already be negotiated, leaving them only to process the final transaction.
To prevent deals from stalling in legal, work with your champion to establish a 'red line deadline' — a mutually agreed-upon schedule for when their legal team will provide feedback. This empowers your champion to hold their own legal department accountable to a timeline.
Once commercial terms are agreed upon, immediately project-manage the legal process. Set micro-deadlines for receiving first cuts and returning revisions, and crucially, pre-schedule a legal-to-legal call on the calendar to create urgency and prevent delays.
To prevent late-stage deal stalls, establish a weekly 15-minute "vendor review touch base" with your internal champion. They can apply internal pressure to unblock items and nudge their legal and security teams, acting as a lubricant for the final approval process.
To prevent deals from stalling during vendor or security reviews, sellers can assign artificial deadlines for tasks like redlines. This creates a sense of urgency and compels the prospect's internal teams to prioritize the deal, maintaining momentum.
Enterprise deals often stall in procurement or legal, not with the business champion. From the start of a POC, identify and build relationships with stakeholders in these departments. Parallelize legal paperwork with technical validation to prevent late-stage delays and shorten sales cycles.
Major deals at Cisco require two distinct approvals. The first grants the deal team a mandate to negotiate within a specific price band and conduct diligence to get to an LOI. The second, final approval is for the definitive purchase agreement, after all terms are set and diligence findings are presented.
In the final deal stages, a sales manager's most effective move isn't to go over their rep's head to the executive. Instead, they should proactively contact procurement to "grease the skids" and ensure a smooth process, positioning themselves as a helpful resource.