Sales data analysis is the process of generating insights from sales data and metrics to identify trends and forecast future sales performance. It helps sales professionals to focus on improvement, potential sales points, and opportunities that will generate revenue. Supercharging revenue is the main goal of sales reps, professionals and managers across the globe. By using data into their advantage, future predictions become much clearer while data analysis faster and more productive. A solid foundation can be found by utilising the right sales analytics software.
Sales data analysis software provides tools and resources to generate actionable insights related to sales analysis and performance. It empowers the sales team to accelerate impact within their business data while reducing time and related operational costs. Shareable, actionable insights that illuminate what is working and what not, what are the priorities, and how to increase the revenue, the ultimate goal for the sales team.
That being said, the right sales analytics software will:
Help you to understand the inner workings of your business and support better future decisions. However, in order to address sales KPIs – such as lead conversion ratio, average sales cycle length or customer acquisition cost – your data analysis software must be intuitive, flexible and simple to integrate into your current systems for effective database analysis.
Empower you to create your own analysis and reports. Many companies employ one or more technical database experts to assist with several SQL queries, data manipulation, and analysis, but with state-of-the-art reporting tools there's no more need for this. Using an intuitive drag-and-drop interface, anyone in your company can use an SQL query builder without the need for specialist SQL querying knowledge.
Drive revenue growth with accurate data analysis and forecasts. If your data is clean and easily accessible, it will empower you to perform a deeper analysis of customer or client behaviours which leads to better targeting and planning.
Increase accessibility through solutions that enable you to generate accurate reports from anywhere in the world, at any given moment. Viewing the performance of the whole sales department becomes an easy task since utilising a software solution will provide access to data via desktop, mobile or tablet. Simple and on-the-go. This is of utmost importance since the sales department needs extreme flexibility and efficiency, both vital in a high-paced, modern business environment.
Enable sales departments and managers to increase the quality level of their customer service. Since clients and customers, today, require fast answers, you can analyse their behaviour and buying habits that will create a complete business picture of your sales efforts while answering potential questions in a heartbeat.
Sales is not just about the figures, and you need to understand them to build on their potential. Setting goals and target to reach, and being able to see the evolution towards this achievement over time: that is what sales analytics software is for. Once you have chosen and started to track the rights sales KPIs, you can gain greater visibility in your activities. Deep dive into your business and explore the numbers, identify your high or under-performant salespeople, items, services; visualise your sales pipelines, customise the funnel, stay aware of the risks and report on the insights you gained. With the help of a sales data analysis software, you can also compare your KPIs to previous periods and forecast future performance based on intelligent algorithms. Implementing a data-driven sales training can assist your teams in exceeding the targets while empowering them with the right tool to track their performance will boost their results. A modern software solution entitles each of your sales representatives to take better-informed decisions thanks to personalised sales reports and analyses.
Become a data wizard in less than 1 hour!
In this day and age where data is becoming a vital part of all levels of business, small and medium-sized enterprises should consider employing the best available solution. Data analysis, which includes the inspection, modelling, and mining of data, if used within a software solution, equips sales to do what they do best: sell. Keep all decision-makers in your company up-to-date without a huge effort by using an effective dashboard reporting system. Dashboards today are increasingly important when it comes to reporting to management, clients or investors. They provide an at-a-glance overview of how your business is operating and manage to tell your data story in a clear and efficient way. This is especially true for sales, driven by an incredible amount of metrics to track and hack – simplifying the collection and the comprehension will let you convey the right message to the right people. A sales analytics software combines all your data coming from various sources and enables you to build professional dashboards in a matter of minutes. From prospection to conversion, follow all the stages of the funnel on customised sales dashboards - lead, opportunity, negotiation, proposal and wins. Compare the conversion rates of your sales reps, and their evolution in time, to spot what can be improved and where they perform well. Being aware of your assets is a competitive advantage and gain in time you do not want to miss.
That being said, the best data analysis software is an easy-to-use cloud BI tool with a drag-and-drop graphical user interface which helps businesses to create individual database queries for their required tables, charts and graphs. Moreover, with a state-of-the-art dashboard creator, you can easily share the results of your analyses via custom dashboards and automated reports with your staff as well as with any of your external business partners.
Transforming columns of numbers and crunching gigabytes of figures, data visualisation is made possible by datapine’s intuitive drag-and-drop interface. The interface empowers you to take the analysis into your own hands, by making it easy to build database queries with no SQL knowledge prerequisite.
Online data analysis is also seamless and stress-free thanks to our cloud-based system which gives you instant access to your online dashboards from any mobile device or internet-enabled technology. That means you can get to grips with your reports, glance through graphs and ponder decisions based on your charts whether you’re in the office, at a meeting or on-the-go. With datapine, it’s no longer a question of how to analyse data, but when.
We have carefully developed our easy-to-use and powerful interface in close collaboration with many different firms – from small and medium-sized companies all the way up to global corporations – just to make sure that the handling of our software is really as intuitive as we designed it to be. Furthermore, we developed a range of algorithms which run automatically in the background and thereby give the interface of our data analysis solution a high level of intelligence. Unlike many other sales analytics software, datapine’s visual analytics software is accessible, easy-to-use and require no prior experience working with technical code, SQL databases or data management. The dynamic dashboards and an intuitive drag-and-drop interface put users in total control of their data without having to rope in the IT department and wait hours for a response. However large or small your business, you will benefit from the ability of individual users to access and amend reports, metrics and analysis, and their capacity to make on-the-spot decisions based on the visual data provided. datapine is the only comprehensive software for sales data analysis you'll need to make better and more efficient business decisions in the future.
Our innovative sales analytics software allows you to connect securely to your own databases, selecting only the tables you need. Furthermore, in contrast to many other data analysis software programs, there's the option to clone the data to a high-speed data warehouse. This enables you to snapshot large queries into temporary tables, making the output much faster for end-users. And because you can manage your datapine account via a desktop browser or mobile device, you'll be able to update and view your reports and visual analytics no matter where you are.
There are many reasons why analysis of data is critical and many situations in which it is essential. These range from the creation of a product launch strategy to finalising marketing activities. By analysing data, it is possible to delve deep into a mass of figures to identify and pick out trends – trends which can have a huge impact on how products and services are shaped and delivered. Thanks to our work with small and large organisations, datapine knows the true value of data, analysis, and visualisation. Our solution will help you turn rows of numbers into representative graphs by simply dragging and dropping tables and fields. The interface makes it easy to build different types of data visualisations, allowing you and your team to respond to informational needs when they occur.
With datapine’s sales analysis software and its intelligent data analysis functionality, you’ll be able to mine, manipulate and manage the huge volumes of data your business generates with considerable ease. Our proprietary data visualisation software works hard behind the scenes to create the best visual representation of your data in seconds. This makes any analysis task easy to perform, stress-free and gets hard work done in moments. While providing this flexibility we paid close attention to data privacy and security standards by ensuring safe data which can be only accessed by authorised members of the organisation.
To find out how the best data analysis software solution can benefit your business, sign up for a 14-day free trial. There's no obligation and since datapine adapts to your existing IT infrastructure, you'll be up and running in a matter of minutes. Moreover, you can test datapine with a sample database, too. So, what are you waiting for? Efficient software like datapine doesn’t have to be expensive or complicated. Improve your business productivity with datapine today!
We were amazed how easy it was to use datapine and get the first KPIs within a couple of minutes. datapine is definitively a game changer for us as now all decision makers have quick, easy access to ad hoc analysis, KPI dashboards and reports.Sebastian Diemer, Founder at KreditechGO TO PRODUCT OVERVIEW
Become a data wizard in less than 1 hour!