A sales pipeline report provides a comprehensive overview of your sales process, tracking the progress of leads through different stages and identifying bottlenecks and opportunities for improvement. It tells you which Sales Pipeline efforts are working, which are not, and recommends opportunities for growth. A great Sales Pipeline report includes an overview, key metrics, and recommendations on what to do next.
1. Overview
The overview is a short summary in plain English that explains what happened with Sales Pipeline over the recent reporting period.
2. KPIs with key metrics
KPIs show how effectively you’re hitting your Sales Pipeline goals. By measuring the changes in the key Sales Pipeline metrics, such as lead volume, conversion rate by stage, average deal size, sales cycle length, and win rate you'll know whether you’re making progress towards your goals.
3. Charts
Charts provide a visual representation of your data, making it easier to identify trends and patterns. Include charts that illustrate key metrics such as lead volume, conversion rate by stage, average deal size, sales cycle length, and win rate. Use bar charts, line graphs, and pie charts to display data clearly and effectively.
4. Recommendations
This section outlines the next steps you can take to improve your performance.
With Narrative BI, you can automate your Sales Pipeline reports in minutes. Here’s how to do it in three easy steps:
1. Connect your Sales Pipeline data source in a few clicks.
1. Connect your Sales Pipeline data source such as Salesforce in a few clicks.
2. Drag and drop the KPIs, such as lead volume, conversion rate by stage, average deal size, sales cycle length, and win rate as you customize your report.
3. Set the reporting schedule.
When you are done, you will receive automated Sales Pipeline reports by email or in Slack. You can also easily share the reports with your team by clicking the “Share” button in reports.
