Nomis Article

Cutting 99% Of YOUR Time On Monthly Forecast Reports Using SymVolli

Ian Williams and Sotira Petri By George Petri
Managing Director
Published: May 10th, 2007
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I can't tell you how many times I get the same complaint from sales directors and department managers when 'that' time approaches at the end of the month and management have to both collectively and singularly make sense of what is going on in the business. Most managers, myself included, view the monthly forecast report as one of the necessary evils that we have to put up with in running a successful business. Why? Because of the sheer bulk of information, time, effort, meetings, etc. involved in creating and understanding a consolidated forecast report that everyone agrees and relies upon.

When I came up with the idea of SymVolli many years ago, one of my main motivations was to cut out the problems that creating reports using conventional spreadsheets and software presented with. One of our clients used to spend in excess of two days creating forecast reports and consolidating it with all the departmental reports of his company. SymVolli now does that job in minutes because the sales reports are a bu-product of qualified sales data.

How Do You Save Time With SymVolli?

Order Forecast Report You will probably feel cheated at this point to realise that the answer to this is "by pressing a button", and quite simply that is all you have to do and by defining the parameters of your report SymVolli will create a monthly forecast report. How much time will this take? About a minute.

With this ability to create important business reports in such a short time, management are given an extra ability that they couldn't have possessed before with regards to creating reports. Whereas before, time and effort was made in creating a report based on accurate and consistent data, that could answer all questions associated with the business. If certain questions weren't answered, new reports with equally time consuming activities would ensue. SymVolli offers a manager the discrimination in creating reports with specific questions in mind.

How Reliable Is This Information?

Consolidated forecast report How does a report that takes a minute compare to days of effort on the part of a sales manager? Surely there has to be some information reliability issues?

What you have to realise is that SymVolli itself is writing qualified data on a daily basis inserted into the system by the entire company in real time. In this way, the entire company is writing and contributing to a continuous report that is 'SymVolli' itself. Clicking a button just prints that information in a meaningful way. The time saved in getting that information is then handed to management who can more proactively use it in other ways.

Nomis Advice: Custom Reports

SymVolli comes with a pre-packed report package with most of the basic reports that a business will need including forecast reports on orders, margins, products and revenue. Individually tailored reports can be created for your company if so required on top of the standard report package.


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