don’t make sales a death sentence for your company

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Don’t Make Sales a Death Sentence for Your Company The journey to proactive financial management PRESENTER: Tony Lael Executive Vice President CoreConnex, Inc. [email protected] m YOUR HOST: Joe Danner Business Process Manager Tigerpaw Software jdanner@tigerpawsoftware .com

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Tony Lael and Joe Danner from TigerPaw present the dangers of sales and what many overlook

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Page 1: Don’t Make Sales a Death Sentence for Your Company

Don’t Make Sales a Death Sentence for Your CompanyThe journey to proactive financial management

P R E S E N T E R :

Tony LaelExecutive Vice PresidentCoreConnex, [email protected]

Y O U R H O S T:

Joe DannerBusiness Process ManagerTigerpaw [email protected]

Page 2: Don’t Make Sales a Death Sentence for Your Company

Our Partnership

Page 3: Don’t Make Sales a Death Sentence for Your Company

Agenda

• The Myth• Business Models• LOB Performance• Benchmarks• Key Trends• Look Ahead• Monthly Process• Special Tigerpaw Offer!• Q&A

Page 4: Don’t Make Sales a Death Sentence for Your Company

What Can You See?

Page 5: Don’t Make Sales a Death Sentence for Your Company

The Myth

• More sales are always good for business, right?

– Increasing sales in an LOB with declining margins may increase losses at faster rate

– Sales volume often not as important as margin

– There will always be a leader and loser when it comes to LOBs

Page 6: Don’t Make Sales a Death Sentence for Your Company

Your Business Model

• Your Predominant Business Model– Monthly Service/Maintenance Agreements– Reselling Product– Project Work

Page 7: Don’t Make Sales a Death Sentence for Your Company

Manage by Lines of Business (LOBs)

• Basic Types– Monthly Service Agreements– Time & Materials– Project– Product – Other

Page 8: Don’t Make Sales a Death Sentence for Your Company

What Can You See?Combined

T&M LOB Product LOB

Service LOB

Page 9: Don’t Make Sales a Death Sentence for Your Company

Benchmark Performance

• Leading indicators & evolving trends

Page 10: Don’t Make Sales a Death Sentence for Your Company

See Key Trends

• Staff contributions

Page 11: Don’t Make Sales a Death Sentence for Your Company

Look Ahead

• Forecast performance

Page 12: Don’t Make Sales a Death Sentence for Your Company

Where Do You Optimize?Combined

T&M LOB Product LOB

Service LOB

Page 13: Don’t Make Sales a Death Sentence for Your Company

Monthly Process

• 30 Minute Monthly Action Plan

Close Books

Upload

Data

Review Leading Indicators

TOP 3ACTION ITEMS

assign ownership

Page 14: Don’t Make Sales a Death Sentence for Your Company

30 Minutes a Month

Page 15: Don’t Make Sales a Death Sentence for Your Company

Special Tigerpaw Offer!

Lite – FREE for first year, $49 per year after

Standard – Save 20% on normal monthly pricing + FREE Corelytics Monthly Monitor Report included if you sign up by end of September.

Sign up at https://tigerpaw.corelytics.com

Page 16: Don’t Make Sales a Death Sentence for Your Company

Thank You!P R E S E N T E R :

Tony LaelExecutive Vice PresidentCoreConnex, [email protected]

Sign up at https://tigerpaw.corelytics.com

Q&A