Category Archives: Enterprise Applications

The Gold in Your Forecast

Tuesday, January 19th, 2010

In two previous posts, I claimed that by segmenting your forecast and focusing your energy in the right areas, you can increase revenues and forecast accuracy while decreasing inventory. Does that sound too good to be true? Are you skeptical of this claim… as skeptical as you are about your forecast? After all, how much good can you do if you spend more time on a specific customer than another? Or could you increase your revenue if you spent more time with a particular sales rep than another?

I aim to prove, with real life examples, that you can.

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Super Sexy Enterprise Apps

Monday, January 18th, 2010

Well, I’m blushing.

In my 20 years in the high tech world, I’ve never heard an enterprise application described as “super sexy.”

For this, I have to thank James Ward, a Technical Evangelist at Adobe who saw Right90 Trust Analytics™ app at Dreamforce and thought it was one of the best, see his Adobe Flex blog for the recording of the app here. James, thanks for bragging rights I never thought I’d be able to claim!

Once I got beyond the fun of it all, I thought about how the adoption of enterprise applications is greatly influenced by the user experience. Over and over, the biggest inhibitor to the success of a enterprise application deployment has been user adoption. Think of the phrase “shelf-ware” that described business’ purchase of enterprise apps that just sat on the shelf and were never deployed.

If users don’t adopt the application, no data gets entered, no analysis can take place, and no insights that can benefit the business are derived. It’s a simple hierarchy that drives a business’ success. CEOs can mandate the use of an application, but that use will still be spotty unless the users like the application and get more benefit from using it than not.

When I reflect on who our audience is for our applications, I’m very proud to have our app called “super sexy”. The users of our applications—sales reps and sales management primarily—are some of the toughest folks to please. (We all know they love their CRM systems and log in every morning like they do with their email.) If we can increase user adoption by providing them with an application that is a pleasure to use and delivers great value through the insights that are presented, I know that our customers will be successful. Sales forecasting has been a tough problem to solve for large companies, and I hope that applications like ours will inspire them to move out of the “do nothing abyss” and move forward to finally fix the chronic sales forecasting problem.

My thanks to James Ward for giving us some extra exposure; my thanks to our CTO, Dean Skelton, who is the brains behind this application; and finally to Elaine Cleary, our Customer Success Manager who so ably and beautifully demo’d our new application.  In addition to our applications, Elaine is one of the reasons that our customers have achieved success, she helps to guide their use and adoption of our applications. She also provides a weekly spotlight blog that can be accessed here.

Right90 Puts the Trust in Your Sales Forecast

Friday, January 15th, 2010

As I wrote about in a previous post, there are parts of the forecast you can trust and there are parts that require your energy and scrutiny. It’s virtually impossible to get everyone to trust the entire forecast, but you can get your company to trust parts of your forecast. How can you segment your forecast, so that you can spend your energy on the right parts?

Wouldn’t it be nice if you had a simple pie chart telling you where to focus?

pie chartImagine that you had a simple pie chart that told you which parts of your forecast were trustworthy, which ones were medium risk, and which ones were completely untrustworthy? You would count on the green ones, focus your energy on the yellow ones and put the red ones in upside.

Today, we’re announcing Right90 Trust Analytics™, which provides exactly this capability. You can watch our Right90 Trust Analytics demo here as well.

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Announcing Right90 Trust Analytics

Friday, January 15th, 2010

We recently publicly announced Right90 Trust Analytics™ and you can find more about its sales performance management implications and its effects on enterprise sales forecasting on our site. But, for a brief look, here’s our latest installment of Right90 in 90 Seconds:

We built the application using Adobe Flex. In fact, James Ward, a Technical Evangelist at Adobe thought it was one of the best implementations of Adobe Flex in the enterprise he as ever seen. He recorded a demo video at this year’s Dreamforce and called it “super sexy.”

“Right90 Trust Analytics software really stands out due to its innovative and intuitive user interface which was built with Adobe Flex,” Ward said.

If you would like to know more about Right90 Trust Analytics, we’re going to be conducting an introductory webinar at 11 am on Jan. 22. You can register here. This webinar will show you how to:

  • Maximize revenue and quota attainment by identifying and focusing on key areas of the forecast that require attention
  • Improve sales forecasting performance by measuring and coaching forecast performance
  • Get the necessary support from Operations while reducing stock-outs and minimizing lead times.

And, if you’re unable to make the webinar, please register now anyway and you will be able to access the recording as soon as it’s available.

For more information about Right90 Trust Analytics, you can read the press release or go to the product page.

Core Tenets of a Great Sales Forecasting Solution: Flexibility

Thursday, October 8th, 2009

Can your sales forecast solution adapt to changes in the business at the same pace as you? The needs of your business are constantly evolving and so should your solutions. Home-grown and custom solutions are built to solve a set of problems based on needs at a particular point in time, and have limited foresight into your future needs.

Continuous investment is necessary to keep your forecasting system in sync with the needs of your business. This might involve the whiz-kid who maintains your excel macros and formulas, or your internal IT group and their request queue, or perhaps the consultants that originally built your custom solution. But what happens when your rockstar leaves the company and your IT team is booked on a higher priority project? If you have time and money to spare, you might be able to work something out, but in this economy, time and money are the two things that you cherish most.

The key to flexibility with your sales forecasting solution is having control over your own destiny. Your solution must be able to solve your current needs and also provide you with a roadmap of solutions for your future. It should equip you with a set of best practices to help keep you ahead of your competition. And it must provide you with the capability and resources to manage your own destiny. The more that you can do within the system, the better.

Don’t get me wrong—your current solutions and systems have helped you get to where you are today, but they could also be holding you back. As your needs evolve, so should your systems. If you haven’t taken a hard look at your sales forecasting solution lately, or can’t remember when you last evaluated it, then you’re long overdue for a check up.