10x more productive series five reports every sales...

10X more productive series

FIVE REPORTS

EVERY SALES

DIRECTOR SHOULD

MASTER Turn visual data into actionable insights

Presented by Base

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Introduction

It’s 8 a.m. Monday morning. Your sales team is sleepily returning to work,

pouring the morning’s first coffee and firing up their machines. You are at

a conference table surrounded by your colleagues. You are here to report on

last week’s closed deals and this week’s anticipated volume. Accuracy is key

because nothing kills a meeting’s effectiveness like a fact-less anecdote. But

it’s Monday. Morning. And you couldn’t bring yourself to spend your

precious weekend minutes on Monday morning meeting prep. This is when

your CRM comes in, steps up and saves the day. Or should.

A smart CRM has the power to tell you what your hazy memory of last

week cannot; it remembers with precision exactly how many leads your

team generated, how many quotes were issued and how many deals were

made. Make sure you are using it to its fullest potential and pulling these

essential reports. Let your CRM do the Monday morning heavy lifting and

provide you with the key reports you need. And if your CRM doesn’t offer

these reports out of the box, it might be time to find a new one.

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1 Sales Funnel Analysis

This is your panorama report. The sales funnel analysis report tells you

where your team stands at all points in your pipeline and what your

business has to lose or gain. While each sales rep should be able to tell you

which deals they won, what they’ve lost and what they are waiting on - sales

funnel analysis can tell you exactly where the whole team stands, as well as

the individual.

When you pull the sales funnel analysis report you see the hard numbers of

your team’s activity over a given timeframe. You see how many deals came

in, how many were qualified and what happened from there. And here’s

where the real perk of this report comes in - you can see where your team

stands and pinpoint where they need coaching. The sales funnel report

calculates conversions at every milestone along your sales process and this is

insight you will use well beyond your Monday meeting.

Sales funnel analysis conversion reporting breaks down into percentages

how many leads qualified, how many qualified leads were given a quote,

how many quotes moved into the contract phase and how many contracts

were won. With this data you can identify strengths and weaknesses in your

lead generation and sales processes. If you see a high level of leads converting

but never being quoted you can drill in and determine if your “qualification”

process needs repair or if follow up is the problem. Or if you see an

inordinate amount of business was lost between quote and contract

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it might be time to coach on closing the deal. This level of detail makes you

so much more than a Monday morning meeting hero – it outfits you with

the information you need to be a truly helpful boss.

Example of a Sales Funnel Analysis Report

The Sales Funnel Analysis report in Base CRM can be filtered by date range, team

member or tag. In this example, all qualified deals made it to the Quote stage, but

only two of four deals made it from the Quote stage to the Contract stage. Wondering

why? The Loss Reasons by Owner report can shed some light.

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2 Incoming Deals Volume

Report

It is time to report on your prospects. How did that recent marketing

campaign work out? Are the newsletters still generating opportunities? It is

time to count beans and calculate exactly how much business the marketing

team is bringing to the table. The incoming deals volume report that will tell

you exactly that. This report breaks down the number of deals registered

over a period of time and percentage of total deal count. You can also filter

the incoming deals report by team member or tag.

This highly visual incoming deals report lays out in no uncertain terms

which campaign is pulling its weight and which one needs reworking. Base

CRM’s incoming deals volume report has two viewing options, stacked and

expanded, to help you visualize how campaigns performed collectively and

how they compare against one another. This data will guide you in your

collaborations with marketing and is essential for measuring effectiveness.

Neither you nor the marketing team wants to shoot in the dark.

Unfortunately, most marketing measurement tools come in the form of click-

through counts, likes and opens. The incoming deals volume report will

help you help the marketing team refine their work by differentiating

between what generates interest and what generates b u s i n e s s .

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Example of an Incoming Deals Volume Report

In Base CRM, the Incoming Deals Volume report breaks down the number of deals

registered over a period of time, according to team member, number of deals and

percentage of total deal count. You can also filter this report by team member or tag.

When you’re in the Base app, you can also hover your cursor over a date on the

graph to show a snapshot of who registered deals on a given date.

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3 Sales Forecasting

Show me the money. No really. Show me the money. The CFO has walked

in the room and wants to know exactly how much revenue your team

expects to bring to the table over the next three months. A smart CRM will

know down to the £, how much money is in the pipeline and so should you.

Find out for yourself (and your CFO) and pull a sales forecasting report and

see precisely how many £ your team expects to bring in over a specified

date range and from where. Your sales forecasting report will tell you the

total value of all deals in the pipeline and how much of that amount your

business can realistically expect to bring in.

Sales forecasting doesn’t just predict expected revenues - it helps you

pinpoint which deals you should be focusing on. The report pools data on

the deals your reps create and estimates the likelihood of closure based on

where the deal stands in the pipeline. You can use this information to decide

how to allocate your resources and how to most efficiently reach your sales

goals in the short and long term.

Sales forecasting is also an excellent motivator for your sales reps. In Base

CRM each prospective deal self-reports on its £ value and its likely it is to

make it to close. These numbers sit on the left hand side of their dashboard

- reminding them where to focus, when to move and when to move on.

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Example of a Forecasted Sales Report

There are two types of Forecasted Sales reports in Base CRM. This first one

provides a view of forecasted and actual sales over time.

Example of a Forecasted Sales by Source Report

The Forecasted Sales by Source Report gives you a different view into forecasted

sales. Instead of a trend line over time, this report breaks down your forecast by the

source of where the lead came from to begin with. You can adjust the date range to

see how the composition of your deal sources changes.

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4 Sales Revenue Goals

Goal-setting is a universal business activity. Companies set goals for

growth, adoption, performance, expansion, employee retention and more.

But no one goal is more essential for the long-term health and stability of a

company than the sales revenue goal. The bottom line? It all comes down to

the bottom line. Revenue generation is why your team exists. Your ability to

optimize revenue generating activities is how you earned your title in the

first place. It is why you set specific, measurable, attainable, relevant, time-

based goals. Now it’s time to track and report on them.

Your CRM should to be as on-board and up-to-date about revenue goals as

your Managing Director is. When you incorporate sales revenue goals into

your CRM dashboard you create a benchmark for performance and give

your team members something to strive for. Base allows you to set

individual team member goals for sales revenue and number of deals won

(more on that later). The Base dashboard offers a quick snapshot of progress

on for a given reporting period - you can select monthly, quarterly, or

annual intervals for your goals. Sales revenue goal reporting will let you

know which reps on your team are excelling at their jobs and which ones

could use a nudge.

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Example of a Sales Revenue Goals Report – snapshot

Since the Sales Revenue Goals report is such a commonly visited report, you’ll see it

in two places in Base CRM. The example pictured above is on your dashboard so

that you have a quick snapshot of where you stand against your sales goals every

time you log in.

Example of a Sales Revenue Goals Report – full view

This is what the full Sales Revenue Goals report looks like in Base. It shows you how

the team is doing as well as how various team members are performing. If you’d like

to learn more about goal setting, please check out this blog post.

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5 Won Deals Goals

It is time to report on your reports. How is the new guy working out? Is Jane

still closing the most deals? Put personality politics and perceptions aside

and use the won deals report to find out exactly what each of your team

members is bringing to the table. This report tells you the number of deals

won, by team member, over any resolution period you choose. The report

calls on the goals you set for your team and lets you know how the number

of actual won deals are stacking up against your ambitions. Base CRM

makes the report simple to read - displaying user stats either in green or red

depending on whether or not they are on track to meet their goal for the

period.

The won deals report also paints the bigger picture of how your whole team

is doing and if they are meeting their deal quota for the resolution period.

The cumulative team goal is displayed at the top of the bar graph making it

easy to determine if your team is on track or if it’s time to get cracking.

Presented by Base


Example of a Won Deals Report

As with most reports, you probably want to see deals won on a team scale as well

as on an individual level. The Won Deals Goals report in Base CRM gives you both.

Every bar is labelled with the actual number of deals in case that’s easier for you

than looking at percentages (x-axis).

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6 Reports that matter

Many CRMs offer customer satisfaction reports and while those insightful

little reports those have their place, your job is sales. Not customer loyalty.

Not product development. Look for a CRM that reports on the information

most relevant to your job title: sales.

Your job is make sure your sales team is closing as many deals as possible.

Of course you want clients to be happy with the product and loyal to the

company. After all, you want to sell to those clients again in the future. But

that data isn’t you’re to track.

Choose the CRM that offers the insights your business needs. Base

developed their line of reports with you in mind. That is why they offer sales

funnel analysis, incoming deals volume reports, sales forecasting, sales

goals reports, and won deals reports. But that’s just the most important

reports for a Sales Director. There’s a slew of other useful reports in Base

CRM that you would make you a more productive, more informed leader.

Inspired? Sign up for a FREE trial of Base CRM.


Reports are essential for every data-driven company. They don’t just make

your Monday morning meetings for informative, they make your everyday

decisions more effective. When it comes to sales reporting, don’t rely on

estimations and impressions. Use these reports to bring facts to the table

and optimize prospects and processes. Don’t settle for a CRM that doesn’t

offer this level of insight and don’t overlook the opportunity to use it.

Make your meetings meaningful and your conference table contributions

count. The whole company benefits when the sales team thrives – that’s

the bottom line.

Other useful reports to have in your CRM

The total sales report shows the value of your won deals over a period of time.

To know where you are going, you must know where you’ve been. Use this report

to build next quarter’s benchmarks.

10x more productive series five reports every sales...

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