About this template

Wholesale Finance Management CRM Template tracks budgets, approvals, and profitability. Dashboards highlight variance drivers and ensure compliance with audit-ready records.

What’s included

Boards

Accounts - The Accounts board provides a comprehensive overview of all companies involved in wholesale transactions, including critical details such as industry, number of employees, and headquarters location. Finance managers can easily access company profiles and contact information, facilitating better financial decision-making and relationship management.
Leads - The Leads board helps finance managers track potential clients and opportunities. With columns for status, company details, and contact information, managers can monitor lead progress, ensure timely follow-ups, and create new contacts directly from the board, enhancing lead management efficiency.
Contacts - The Contacts board centralizes all contact information, including email, phone, and company association, allowing finance managers to maintain accurate and up-to-date records. With columns for deal values and priority status, managers can prioritize key contacts and monitor ongoing activities to support financial planning and client engagement.
Deals - The Deals board is crucial for tracking and managing wholesale transactions. Columns for deal stages, owner, value, and close probability enable finance managers to forecast revenue, assess deal progress, and identify potential risks. The integration of accounts and contacts information ensures a holistic view of each deal, facilitating informed financial decisions and strategic planning.

Dashboards & Reports

Annual Target - This dashboard helps finance managers in the wholesale industry track their annual financial goals and compare them against actual performance. Monitoring this metric ensures that the company is on track to meet its yearly revenue targets, enabling proactive adjustments.
Monthly Target - By breaking down annual targets into monthly goals, finance managers can better manage cash flow and operational expenses. This dashboard provides insights into short-term performance and highlights any immediate areas of concern.
Average Deal Value - Understanding the average value of deals is crucial for forecasting revenue and planning resources. This dashboard helps finance managers identify trends, set realistic financial expectations, and optimize pricing strategies.
Active deals - Forecasted Revenue - This dashboard offers a real-time view of potential revenue from active deals, allowing finance managers to predict cash flow and make informed financial decisions.
Deal status distribution - By displaying the current status of all deals, this dashboard helps finance managers understand the sales pipeline's health and identify any bottlenecks that may affect revenue.
Actual Revenue by Month (Deals won) - Tracking actual revenue from won deals on a monthly basis helps finance managers assess performance against targets and adjust financial strategies accordingly.
Pipeline conversion - This dashboard tracks the conversion rates at each stage of the sales pipeline, providing insights into the efficiency of the sales process and helping to identify areas for improvement.
Activity tracker - Monitoring sales activities helps finance managers understand the efforts being put into generating revenue, ensuring that the team remains focused and productive.
Forecasted Revenue by month - This dashboard projects monthly revenue based on current deals, helping finance managers plan for future income and manage budgets effectively.
Forecasted Revenue by Stage - By forecasting revenue based on the stage of each deal, finance managers can identify which stages are most critical for closing deals and focus resources accordingly.
Deals Stages by Rep - This dashboard allows finance managers to track individual sales reps' performance, ensuring accountability and identifying top performers and those who may need additional support.
Deal Progress based on Month Added - By tracking the progress of deals from the month they were added, this dashboard helps finance managers understand the sales cycle's length and identify any delays that could impact revenue.

Automations

When new email arrives → Notify item subscribers with a message - This automation ensures that finance managers are promptly aware of important communications, enabling quick responses and maintaining strong relationships with clients and stakeholders.
When an email is opened → Notify item subscribers with a message - Knowing when an email is opened can help finance managers gauge client interest and follow up appropriately, improving engagement and increasing the likelihood of closing deals.
When "Create a contact" is clicked → Move the item to the Contacts board - This automation streamlines the process of managing contacts, ensuring that all client information is organized and easily accessible for financial analysis and reporting.
When an lead is created → Set its status to "New Lead" - Automatically updating the status of new leads ensures that finance managers can quickly identify and track potential revenue opportunities, optimizing the lead management process.
When an activity/email is created in Emails & Activities → Update the "Last interaction" date - Keeping track of the last interaction date helps finance managers monitor client engagement and ensure timely follow-ups, which can improve customer relationships and increase sales.

Frequently asked questions

How can this CRM template help me manage vendor payments in wholesale?

This template allows you to track all vendor payments, set up payment schedules, and monitor overdue invoices, ensuring timely payments and better cash flow management.

Can this CRM template generate detailed financial reports for my wholesale business?

Yes, the template includes customizable reporting features that provide insights into sales performance, expense tracking, and overall financial health of your wholesale operations.

How does this CRM template assist in tracking financial transactions specific to wholesale?

The template includes columns and workflows to log and categorize all transactions, making it easy to monitor cash flow, expenses, and revenues specific to wholesale activities.

Can I track inventory costs and profit margins with this CRM template?

Absolutely, the template allows you to integrate inventory cost data and calculate profit margins, giving you a clear picture of your financial performance.

How does this CRM template ensure compliance with financial regulations in the wholesale industry?

The template includes compliance tracking features that help you adhere to financial regulations, with audit trails and documentation for all financial activities.

Can this CRM template help with budgeting and forecasting for wholesale finance managers?

Yes, the template includes tools for budgeting and financial forecasting, enabling you to plan and allocate resources effectively for your wholesale business.

How can this template help me manage financial risks in my wholesale business?

The template provides risk management features such as tracking credit limits, monitoring overdue accounts, and flagging high-risk transactions to minimize financial risks in your wholesale operations.

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