This is more common than you can imagine: according to a survey by Zencargo, in which they asked 200 supply chain professionals about their performance, “44% said they do not trust [their data] because it’s incomplete (not getting the full picture or being drip-fed intel).”
How can you complete your sales dashboard, then? Do your processes need to be tightened? Do further steps have to be added to gather the missing data? Will you keep track of your activities more up close, risking the natural workflow that has been built? Let’s talk about that.
There are several reasons why your sales reports are missing information and why incomplete dashboards are recurring in your reporting. Reasons like complex manual processes, disparate data, lack of live updates in your sales, and more can undermine your visibility, resulting in delayed processes and wasting resources trying to fix this.
We humans are still needed for most business processes, which is why using our creativity for problem-solving and supervising tasks is crucial. This also brings human errors into play since the workload can become overwhelming, which is why complex manual processes can end up in unwillingly losing, duplicating, or modifying data, as well as delaying your whole reporting and analytics.
How can you know what you don’t know? Even though you may have plenty of tools to manage and keep track of your sales, there may still be gaps to cover. Depending on your goals, you need to consider which critical indicators actually need to be tracked, and find the right tools to do so in order to prioritize and optimize them for avoiding further inaccuracies and pinpoint what needs to be tracked and how.
How can your team gather last month’s sales if the data they work with may be inconsistent? Complex manual processes lead to deficient process tracking, which ends up in disparate data and incomplete sales report analysis. With no reliable data, decision-making becomes risky, paving the way for gut decisions to be made and repeating this cycle over and over again.
These situations lead up to losing control of your data and how it gets handled, of your reporting analytics, summary data, and your operational business visibility. The bigger your company is, the greater the consequences will develop of not harnessing your whole operation visibility. Fortunately, there is always a solution.
We know how frustrating incomplete reporting analytics can become, and tracking the actual cause involves investing time and resources your team could be using in operations instead.
Which is why you need a robust solution to take on the journey of finding the root cause and help you redirect your efforts into your actual sales and business processes instead of focusing on searching for your info.
Through our in-depth analysis, we help you pinpoint the exact issues troubling your visibility: avoid disparate data, incomplete processes and inconsistencies in your information with our specialized data solutions for businesses like yours.