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Forecasting with Confidence
By making planning a continuous and inclusive process (rather than a top-down annual event) Foresite puts frontline managers in firm control of your sales trajectory and sales target attainment. It enables them to collaborate in the pursuit of one common sales strategy.
On-demand analytical and multi-dimensional sales forecasting lets you create up-to-the-minute forecasts over any planning horizon.
Foresite’s 3-Step Driver-based Methodology informs decision making to help shape future outcomes.
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Step 1 – FØ Sales Forecast
What is my current sales position?
We begin from the FØ Sales Forecast, which is your current sales commitment and a factual assessment of your current sales position and prospects based on:
Active Sales
Sales Order Bank
Back Orders
Step 2 – Sales Trajectory
What is my future sales trajectory?
Sales trajectory is calculated from the combination of FØ Sales Forecast and your active sales pipeline. Whilst forecasts are generally inaccurate, sales trajectory is always very reliable. Nevertheless there is always an element of risk residing in the sales pipeline.
Foresite’s Hybrid Methodology
overcomes sales pipeline risk by combining the best of predictive and roll-up sales forecasting whilst avoiding the shortcomings of both. It follows
4 golden rules:
Step 3 - Navigation
How can I reach my sales target?
Impact, Trend and Sales Performance Analytics provide you with complete transparency over the sales drivers and limiters that are impacting your business and sales trajectory.
Lead generation analytics aid decision making concerning the best sources to fuel your active sales pipeline.
They empower you to take continuous corrective action to keep your sales heading on target.
The most critical Sales metric in today's market!
How does your company measure up?
WHAT'S MY G-INDEX?
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Rolling Forecasts
fØ forecast + (v/t) pipeline = α trajectory
Foresite's 4 Golden Rules
1 Remove Subjectivity
2 Remove Delinquency
3 Remove Speculation
4 Sensitise Results