Sales Forecast (13.0)
With Machine Learning algorithms in Odoo ERP, it is now easy to analyze your historical business data and determine the trajectory of your upcoming sales as per the data collected. Odoo Sales forecast app helps manage your business processes systematically and forecasts the availability and sales of your products as per the demands and cuts down the unnecessary expenditure.
Accurate sales forecasts allow salespeople and business leaders to make smarter decisions when setting goals, hiring, budgeting, prospecting, and other revenue-impacting factors.
But despite the advantages, many sales leaders struggle to create sales forecasts that are anywhere near reality.
Read Less
91
Live Preview
Key Features
- With the Odoo Sales Management app, individuals can analyze sales trends and predict future events.
- It shows you the Odoo sales trends and forecast data in the form of charts to anticipate the demand for the products.
- The sales forecast app has a record of previous sales forecasts and helps you estimate your products' future sales based on the earlier sales trends.
- The app helps the businessmen to manage their unit sales, estimate price assumptions of the products, and estimate sales as per the seasonal factors.
- The Sales Forecast in Odoo app has multivariate forecasting algorithms based on Machine Learning that allow the individuals to adjust the elements that influence projections.
The primary objective of any organization is to meet targets. But, they don't know how they will meet their goals. Through the Sales Forecast App on Odoo, the organization can easily compare the present situation with the future to get a clear idea of upcoming opportunities.
The Odoo Sales Forecast App helps the organizations to manufacture sufficient quantities by estimating customer demand in advance.
The Odoo Sales Forecast App helps the organization to estimate cost and revenue accurately by fetching the future data. The businesses can further leverage the financial data to boost their activities.
User Guide
Setup
Before using the module you need to set a default forecast method. In order to do the same, Click on Sales Forecast menu
Once you click on “Sales Forecast” menu, you need to goto settings In order to do the same, Go to, Configuration > Settings
After clicking on “Settings” menu, Just select the forecast method and click on save.
After installing the module you will be able to view that there is Sales Forecast Menu.
Click on the Create button to create a new forecast record.
Enter the "Start Date" and "End Date", select the forecast base and products. Enter the "Forecast Unit" and "Forecast Period" after putting all the information you can click on “Save” button.
Once you are done with creating the forecast record, just click on Predict Sales button
After clicking on Predict sales button. You can see the charts.
- You can see the Line chart by default
Chart visualization:
- You can change it to bar chart.
Can also see the consolidate data is odoo default chart view.
Can also see the predicted values in pivot view
Just click on change forecast method checkbox
When you select Moving Average Method
When you select Autoregressive Moving Average Method
When you select Autoregressive Integrated Moving Average Method
Frequently Asked Question
Problems & Solutions
Ksolves will provide FREE 120 days of support for any doubt, queries, and bug fixing (excluding data recovery) or any type of issues related to this module. This is applicable from the date of purchase.
Suggested Apps and Themes
Best Themes from the Top Odoo Company
Explore Odoo themes that are super attractive and useful at the same time
Best Apps from the Top Odoo Company
Apps that address your pain points and enhance your Odoo experience to another level altogether