Driving a trusted, actionable sales forecast

A trusted and actionable sales forecast requires the following:

  • Forecast data entered in a timely fashion
  • Ability for operations and management to vet the forecast to drive completeness and accuracy
  • Alignment to the forecast across sales, marketing, operations and finance.

Sales reps spend too much time entering their forecast, or they don't do it at all. Sales operations and management spend a lot of time chasing down the latest forecast numbers and consolidating, rather than vetting and acting on the sales forecast.

And, because each department forecasts differently (e.g. marketing forecasts by product, sales by account or opportunity), the finance, marketing, operations and sales teams have a hard time understanding the variance between their forecast and the other departments' forecast. As a result, getting commitment to a single forecast plan can be a challenge.

Right90 Sales Forecast Capture™

Right90 Sales Forecast Capture is built to help the entire business capture, consolidate and align different parts of the organization to a sales forecast. The application delivers on key benefits that ultimately increase sales productivity and drive forecast accuracy. One customer, for example, reduced its forecast cycle times by 60%, while another saw the amount of time sales reps spent entering their forecast per week drop from 4-5 hours to an hour or less.

Right90 Sales Forecast Capture screen

 

Key Benefits:  
For Sales Reps Increased sales effectiveness
  • Less time entering forecast, more time selling
For Sales Management Real-time visibility, increased forecast completeness and accuracy
  • Real-time views of the forecast so that sales execution can be course-corrected as needed
  • More time understanding variances in forecast, less time “chasing down” the latest forecast numbers
  • Hold sales reps accountable for the sales forecast accuracy.
For Sales Operations Real-time visibility, increased forecast completeness and accuracy
  • Less time putting together forecast roll-ups and snapshots, more time to focus on underlying forecast variance and corrective action
  • More confidence when communicating the forecast across different parts of the organization.
For the Entire Organization Real-time visibility, increased forecast completeness and accuracy
  • A single forecasting tool with the flexibility to allow different departments to forecast from their own perspective, while aligning these departments to changes in each other’s forecasts.

Key Features

Capture

  • Rapid Web forecast and RightCaster™ Wizards provide a Microsoft Excel®-like interface and wizard to easily model common forecasting tasks such as ramp-up, price decay and shifts, freeing up time for reps to spend with customers
  • Bi-directional Excel integration lets users export Right90 forecasts, manipulate data offline in Excel and upload edited forecasts into the application
  • Multi-level and multi-plan forecasting enables users to create multiple forecast plans at any level of hierarchy. For example, product marketing can forecast at the product-line level while sales can forecast at an account level, yet still compare their forecasts.

Consolidate

  • Multi-dimensional roll-ups and drill down enable management to understand the forecast at an aggregate perspective yet still be able to drill down into product, customer or region hierarchies
  • Forecast snapshot variance analysis enables users to compare the forecast "as of" any point in time to the forecast today and instantly know what changed
  • Forecast process modeler enables management to apply layered judgments while maintaining the sales rep forecast for accountability and accuracy.

Align

  • Accuracy and attainment analysis allows users to spot trends in forecast performance and evaluate users, customers, or regions forecast performance
  • Change alerts track any significant movements in the forecast based on predefined thresholds
  • Forecast to target analysis enables users to understand specific percentage and absolute variances between forecast and target at aggregate or detail level.

For more information:
Download Sales Forecast Capture datasheet
View Web demo
Right90 Solutions Overview
Contact us

Right90 Trust Analytics™

Enabling the enterprise to understand and score the quality of its current sales forecast, sales people, customers, channels and regions by pinpointing the historically reliable and unreliable areas of their forecast.


Learn more about trusted sales forecasting and view a full demo. Webinar replay

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