Data Repository and Data Processes


Sales Processes

Data Repository and Data Processes

The quicker companies can understand changes in their business and markets the faster they can respond—but that depends on how quickly they can get through the data. Centralized sales performance data repositories and efficient data management processes provide a single set of complete information and tools that help sales organizations streamline their reporting and analysis for prompt action.
When sales organizations lack a centralized data repository and effective and efficient data management processes, the following symptoms exist:
  • inconsistent, inaccurate, and incomplete data that limits the ability of the sales organization to execute its strategy
  • data that are scattered among several different systems
  • recurring data errors whose source cannot be identified and corrected
  • disorganized and manual data processes that lack audit trails to meet compliance standards
  • delays and costs to make changes to the data repository and the processes for managing data
These symptoms are indications of underlying problems associated with not having a centralized data repository and effective data management processes, including:
  • inability to provide the information that the sales force needs to drive execution of the sales strategy due to constraints in the availability, accuracy, or consistency of data
  • inability to collect, load, and integrate data from multiple sources across the organization
  • inability to validate, cleanse, and adjust data and to identify and resolve the root causes of errors to prevent them from reoccurring
  • inability to maintain internal controls and audit trails to meet compliance standards and requirements regarding sales performance data
  • inability to incorporate new data sources and changes to data and data processes to meet the evolving needs of the sales organization
Synygy’s data repository and data processes solution enables organizations to:
  • build and maintain a centralized sales performance data repository that enables the execution of the sales strategy and all of the supporting sales processes
  • have access to and use of all of the data needed to provide a complete and comprehensive view of the performance for the sales force
  • ensure the accuracy and consistency of data across all reports and analyses provided to salespeople, sales managers, executives, and analysts
  • establish and maintain secure and auditable processes for loading data and making adjustments and exceptions to data
  • quickly and easily change the structure and content of the data repository and related data processes
For more information on Synygy’s sales portal solution, click here.
 
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What is Sales Performance Management