Financial Analytic Dashboard Software
In today’s business landscape, business intelligence gives your company a competitive advantage over others in your industry. Many companies rely on analytics to inform decisions. Financial analytics, a subset of business intelligence or business analytics, is becoming increasingly more important to businesses who wish to remain competitive.
We’re creating more data than ever before – with every action we take. Using a variety of data sources, from your customer relationship management (CRM) software, enterprise resource planning (ERP) tools, social media insights, financial statements, and more, gives you a more holistic view of what’s going on within your organization for better-informed decision-making.
Empowering your people with revVana Plan
Native Salesforce Integration
All Editions of revVana Plan are seamlessly integrated into Salesforce Sales Cloud. Revenue planning and visibility starts with open and closed deals that originate from a sales pipeline. revVana Plan allows companies to integrate their revenue processes within current CRM processes. The integration with CRM enables
A completely integrated user interface (Lightning Ready) that helps rapidly drive adoption of your sales team
Integrated Salesforce reporting to provide real time visibility of you revenue forecasts and plans directly to the user based upon role, sales region, etc.
A data model that is created in CRM but can be exported in formats easily consumable by FP&A, BI or Data Visualization solutions
Current forecasting and management of bookings from CRM systems can be manual and not flexible to meet your current processes for managing revenue commitments. revVana Plan provides the following functionality:
Bookings can be automatically created from your CRM opportunities or manually created for sales (such as indirect channels, distributors, resellers, etc.) residing outside of the traditional CRM process.
Automated Booking Process – Automatically include or exclude revenue items by product type, opportunity type (new, renewal or existing business), or any other attribute to match your current Booking process
Bookings can be forecasted by open opportunities and committed bookings can be stored to more easily report on your forecasted and closed commitments.
Automated Revenue Scheduling and Forecasting
revVana’s flexible revenue scheduling engine automatically creates forecasts at the account, opportunity, or any other sales level from your CRM data. It also lets you set rules for how and when to cast and recast forecasts based on your sales stages, actual revenue on accounts.
Schedule revenue at any level (Account, Opportunity, Territory, Product Group)
Spreadsheet-like interface in Salesforce
Provides account teams ability to manage and change revenue over time
Auto-generation of revenue forecast data based on configurable criteria
Immediate update of revenue forecasts overtime based on changes in related opportunities or other events.
revVana Plan is a full multi-scenario planning app that allows you to track revenue data from a variety of sources supporting a wide range of planning levels. Your sales teams can see and forecast the entire revenue profile of their accounts in the same place they manage their accounts (CRM).
With revVana Plan, you can manage revenue plans across a variety of scenarios. Examples of revenue plan scenarios include:
Account revenue forecasts
Opportunity-level revenue forecasts
Official bookings revenue forecast
Baseline run-rate forecasts
Actual revenue from ERP and other data stores
Strategic plans, budgets, growth and product targets
Quotas and team targets
Revenue Event Management
revVana Plan tracks ‘Plan Events’ to add commentary and categorize significant updates to revenue plans. By managing revenue with revVana Plan and leveraging Plan Events, you can:
Track plan and forecast changes
Improve the management of account run-rate revenue
Manage the impact of revenue plan changes against key targets
Answer the question, “What changed in our forecast?”
What is Financial Analytics?
Financial analytics is the process of using as much financial data along with other relevant data as possible to spot patterns and make predictions. Depending on the kinds of big data you leverage, these predictions could range from how long an employee may stay with the company to what items a customer may purchase. With high data volume across all departments within an organization, the financial team can help executives make decisions, ultimately increasing the company’s value.
Financial analytics is crucial to understanding business risk, improving business processes and workflow for maximum efficiency, and focusing investments on the right areas of the company.
Your company needs timely information that helps with financial planning and decision-making. Beyond measuring tangible assets like cash, equipment, and more, finance analytics provides deeper, actionable insights into your company’s financial status to help improve cash flow, profitability, and value.
Benefits of Financial Analytics Software
Using web-based financial analytics software like revVana Plan, your company can reap numerous benefits, including the ability to:
- Seamlessly track revenue, expenses, and profitability
- Create forecasts, budgets, and reports
- Automate custom reports for stakeholders
- Plan for multiple scenarios and potential outcomes, allowing you to make the best possible business decisions.
- Empower your finance team. As the majority of finance functions are now automatic and require few resources to manage them, your CFO and other finance staff can now worry less about processing and reconciling transactions and focus more on achieving business goals.
revVana Plan Editions
Benefits of Financial Analytics Reporting For Salesforce
With the revVana Insights analytics platform, you can:
- Automatically generate revenue forecasts directly from your Salesforce opportunities.
- See a real-time comparison of pipeline revenue vs. actual revenue vs. financial budgets or financial targets.
- Get more done in less time since the data analysis is automatic.
- Put the important business performance data in the hands of decision-makers in a fraction of the time it takes to build financial reports in Microsoft Excel.
How revVana Saves You Time & Money
revVana saves time and money by:
- Integrating with Salesforce
- Managing sales bookings
- Automatically generating revenue forecasts
- Simplifying multi-scenario planning
- Managing revenue events
- Helping you see why you missed your revenue forecast or why the forecast differed from your expectations.
- Offering multiple editions so you can choose the one that best meets your business needs.
How different would your company be if you had access to all the advanced financial analytics you needed to truly inform each of your major decisions?
Let us help you maximize your revenue potential. Sign up for a demo today.