iPad3 to be won every month!

Your email:

Business Intelligence Technology

MXI Business Intelligence Technology

BI Blog

Current Articles | RSS Feed RSS Feed

Forecast Pro part of your 2011 strategy?

 

Forecast Pro for your future

Forecast Pro part of your 2011 strategy Forecast Pro knows the future of your business. Forecasting sales and laying out the future course of your business should be the most important activity for any business.  Sales managers put their efforts in meeting their sales targets for the current year and at the same time they need to forecast their future sale targets as well. Being able to accomplish both these tasks and get the best results for your business is a challenge for any sales managers.  Companies perform sales forecasting in hopes of identifying patterns so that revenue and cash flow can be maximized. Everyone knows that Sales Forecasts need to be realistic and they must support the overall management goal.  And this where Forecast Pro steps in.  Forecast Pro is easy to use, fast and accurate forecasting software that helps your businesses to meet your goals and targets efficiently and effectively.  At the same time identifying any future challenges and adjusts sales strategies accordingly.  Forecast Pro is the key strength of a well developed sales function within any organization.

Forecast Pro part of any forecast process

Why Forecast Pro?  Before initiating any forecasting process, managers need to determine how far ahead they should predict for their business.  Short-term forecasting which is for a maximum of three months helps in analyzing budgets and markets. Intermediate forecasting which is between three months to two years is used for schedules, inventory and production.  And long term forecasting which is for minimum two years helps in dealing with growth into new markets or new products. All these results need to be accurate so that future strategies can be adjusted accordingly and that is where Forecast Pro steps in. Making critical decisions based on accurate forecasts has never been more important and this level of approach is possible with Forecast Pro.

Forecast Pro for the known, seen and unseen

Forecast Pro when you need that extra insight. Forecasting sales requires the projected sales to be categorized into 3 different areas namely known, seen and unseen. Let looks at each one separately, know sales refer to those coming from existing accounts, seen sales refer to those coming from new business development and Unseen sales refer to those which have no indication of where they are coming from. Once this classification is done and once you have the accurate figures with Forecast Proyou can easily direct sales effort to either maximize revenue from existing accounts or focus on new business development.

So do you know what your known, seen and unseen sales are?

Forecast Pro understands that Forecasting new products is a challenge-with little or no historical data, the trusted methods that work well for existing products often produce inaccurate forecasts for new products.  So you should download our white paper on New Product Sales Forecasting.

This white paper identifies several New Product Sales Forecasting Best Practices that should be of benefit to any company.

New Product Sales Forecasting

Comments

Currently, there are no comments. Be the first to post one!
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics