In which markets is Prophecy most appropriate for sales forecasting?
Prophecy is especially suitable for forecasting sales where:
- Short to medium term forecasting is required for purchasing, production and inventory as well as financial planning / managing delivery of the sales plan against budgets.
- The market is volatile and hard to forecast. Lots of promotional activity / competitive activity.
- The '80:20' rule applies - i.e. 80% of your business goes to 20% of your customers. And, these are the customers which are hardest to forecast because they are the ones who run big promotions etc. and where competitor activity is most intense.
- The Major Account Managers or Marketeers are the people in your organisation in the best position to forecast these customers.
- You want to provide non-technical business users, such as Major Account Managers, with an easy to use tool to productively forecast and plan their sales....
- ... whilst at the same time providing management with a 'top down' review and analysis process, possibly extended to revenue and profit in the same system, with comparisons to recent running rates, previous years and budgets etc..
- Where a financial, as well as a volume perspective is required. Where planning for revenue and profit as well as getting the volume forecast right, is a strategic goal.
Prophecy will allow you to do all these things, is competitively priced, is easy to implement and and is proven in practice.
The business case for Prophecy is compelling, based on features, fit with difficult to forecast real-world markets, ease of use and low purchase / implementation costs.
If you don't believe us, please call us now to arrange a demo on 01494 785574 (UK), view the on-line demos, or download the Prophecy Evaluation System.
Technical benefits
Prophecy delivers multiple-user concurrent read-write access to a single Prophecy database without the need for distributing and managing 'sub-cubes' or individual spreadsheets for each forecaster. This totally removes the need for manual consolidations. All changes are instantly committed to the database and as part of the same process the the changes are re-aggregated over the relevant branches of the product and customer hierarchies.
Prophecy is an 'out of the box' solution with no third party dependencies. It includes its own, high performance database which is optimised for multi-user, multi-dimensional concurrent read-write operations. In addition to blistering performance, its technical simplicity makes support and maintenance easy because everything comes from a single vendor.
Alternatively, you can also host your Prophecy data in a Microsoft SQL Server database, enabling further scalability and on-line access from SQL reporting tools. The user experience is identical whether you host the data in SQL Server or in 'native' mode, as the Prophecy Client can access either source with the change of just one setting.
Prophecy can import external data from any ODBC / OLEDB data source or alternatively via delimited text files. Data can be exported out from Prophecy in similar formats.
All database management processes are automated, using Prophecy Scripts and the supplied Prophecy Database Manager application.
Call us now for a free no-obligation consultation: +44 (0)1494 785574
