Effective sales planning allows for businesses to integrate quota planning, territory planning, sales incentivisation, sales coverage and segmentation of accounts and target markets. This information aids corporate finance forecasts, projections of company sales, and the development of management strategy. Manageable targets and expectations can be set accurately by sales managers, maximising energy, target responsibility and efficiency within your workforce. Crucial components that make up a successful sales plan comprise:
The above sales planning processes using traditional spreadsheet software face numerous software limitations. Moving to a cloud-based planning platform ensures sales plans consistently hit revenue targets.
Test different situations and ‘what-if’ scenarios in regards to individual reps and assumptions, and view in an intuitive dashboard interface. Use predictive analytics to construct detailed forecasts and trends that may impact your sales.
Link your sales rep with teams across the company to strategise and make optimal decisions based on relevant information across the company, such as demand plans, production plans, corporate decisions, sales plans and forecasts.
Automatically build quotas based on an array of data including the potential size of accounts, previous rep performance, and seasonality.
Efficiently set plans for quotas and territories, and instantly adapt them to market fluctuations. Quota data can be rolled up or drilled down to provide holistic or granular insight into sales performance, allowing adjustments to company-wide plans and strategies.
Adapt commission calculations to report current and forecast views of staff incentivisation based on quota analytics, providing a motivational tool to align sales representatives to hit profit targets and revenue goals.
Connect to your ERP to automatically pull the most recent actuals
Plan and Report on MODLR models from within Excel Workbooks.
Connect to your CRM to automatically pull the most recent pipeline activity
View Audit reporting of who changed what, and when
Apply business logic across models globally, not in fits and starts across specific cells in certain spreadsheets
Your information is safe and secure, no corrupt Excel workbooks or cell formula errors
Quantify the financial impact of your changing operational drivers
Consolidate the plan in real time across entities and business units
The MODLR real-time sales dashboards provides a window into your sales performance to ensure sales targets and revenue goals are met.
MODLR can connect to any operational data systems including most Customer Relationship Management platforms. Your sales pipeline can be imported and reported on as well as used to calculate sales commissions for sales personnel.
Design a sales pipeline planning process to suit your business cycles and structures. Provide each sales manager with the information needed to action leads and stay informed of their accumulating commission.
MODLR's B2B bulk orders planning solution includes foreign exchange conversions for price sensitivities modelling.
MODLR's Retail Sales Planning solution allows teams to either set their targets using a zero-based planning methodology or through rolling forecasts using last year's seasonality with an annual increase percentage.
Watch MODLR’s tutorial on how to build a price, discount, and volume planning workview; as well as master dimensions, cubes, and processes in the MODLR cloud.