5 Tips to Reduce the Enterprise Sales Cycle with TripActions Liquid GM Michael Sindicich

28 May 2021 · 34 min
34:07

Michael Sindicich, GM of TripActions Liquid, shares five ways to shorten enterprise sales cycles: build a sales engine with aligned compensation, stop founder bottlenecks by getting certifications ready, pick your go-to-market lane, get higher in the buying org, and use executive connections. TripActions grew 80% revenue with 35% fewer salespeople during the pandemic.

Questions this video answers

We adjusted the compensation model to focus on consumption‑based metrics, added virtual happy hours, employee resource groups, and DEI initiatives to keep morale high and retain top talent despite reduced travel demand.

Corporate travel spend is growing about 10% week‑over‑week, bookings have risen 45% in the past four weeks, and there’s strong demand for hybrid‑work off‑site travel as teams reconvene quarterly or annually.

We rely on direct sales outreach, virtual conferences (e.g., CFO‑focused FinTech Forward), and limited direct‑mail due to remote work; virtual events have been a major lead source.

Marketing creates CFO‑centric content such as white papers and virtual events, aligns messaging with strategic financial priorities, and helps build confidence for senior buyers.

C‑level inboxes are crowded, so we need multi‑level touchpoints, thought‑leadership placements (Financial Times, Wall Street Journal), and tailored content to cut through the noise.

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