Now that the holidays are behind us and working life is getting back on track, you probably have the first customer conversations planned again. Together you draw up the balance; what has 2019 brought in financial terms? However, the true entrepreneur prefers to look ahead; What will 2020 bring?
In practice, it turns out to be a time-consuming job to use your own formulas and macros to draw up good forecasts for your customer that you can actually do something with. An alternative is the forecasts that are generated fully automatically within our software. But how do you actually use it efficiently?
How does an automatic forecast work?
The forecasts within Fyndoo Advise work on the basis of fixed calculation rules. Those rules, for example, recognize a trend in turnover and continue that trend. Or they relate business cost growth to recent inflation rates. The selling costs are continued, whereby a seasonal pattern on a monthly basis can be maintained.
As an advisor, you determine which rules are applied. You can use the standard forecast, or you can choose a basic forecast without calculation rules, where you choose which trends you will apply. Another option is to use a pre-filled forecast, where you only have to fine-tune. As an advisor, you ensure that all forecasts you make are based on the same calculation rules and principles. In addition, it saves you a lot of manual work and therefore time. While you are of enormous value to the entrepreneur!
What can you do with these forecasts?
Increasing the turnover rate, lowering costs or growing in staff. As an entrepreneur, there are many buttons you can turn to improve your business. But what is the effect of these changes for the financial future?
The clear dashboards that you generate in Fyndoo Advise offer you an excellent overview to discuss one-on-one with your customer. This way you can help him with the choices that await him or her this year. For example, with the low interest rates, is it wise to review current financing? And what does an increase in turnover mean for what your customer earns? In this way you ensure that in-depth knowledge of the conversation with your customer.
Questions about Fyndoo?
Do you have questions about how these forecasts work or do you want to know more about Fyndoo Advise itself? Mail us or call +31 88 - 77 88 920.