Get more value from your past sales by forecasting and predicting your results without moving your fingers.
Financial Planning: Anticipating sales makes it possible to predict revenue and profit. A reliable forecasting system at your disposal also gives you the ability to explore possibilities to increase both revenue and net income.
Internal Controls: Having a grasp on the projected production rates for your business makes it possible for you to have better control of your internal operations. By anticipating future sales, you can make decisions about hiring – permanent or temporary – marketing and expansion.
Continuous Improvement: Continuous improvement is a goal of many, if not most, businesses. By forecasting sales and continually revising the process to improve the accuracy, you can improve all aspects of your business performance.
Marketing: Sales forecasting gives marketing an advanced look at future sales and offers the opportunity to schedule promotions if it appears sales will be weak. In extreme cases, sales forecasts may lead to discontinuing slow-moving products.