Subscription Reporting Services

Subscription Reporting Services

BIZ-CENTRIC is very proud to offer a wide range of analytical reporting services on a periodic subscription basis.  Basically, any type of reoccurring reporting need can be automated and offered through us in a subscription format for not only a fraction of the cost to produce internally, but also with a much-added benefit of having your entire reporting package (ie – which could be 1 or hundreds of reports) delivered to you on the exact same day and time each period, as contractually agreed upon.  Never worry again whether your Financial Analyst, Senior Accountant or Controller will be able to crunch and deliver accurate reports to you on a critical deadline.  Entrust us to deliver exceptional information to you on a reoccurring demand basis, without the worry of error or lateness.

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One particular area of expertise that we are proud to offer in this discipline is our subscription service for incentive compensation plan calculations due to each and every representative for every period.  Most organizations track this on a spreadsheet, which serves the purpose for any one given period…but what about over multiple periods or even years?  Our advantage in allowing us to calculate and deliver your bonus and commission reports for you each period is our ability to utilize our proprietary incentive tracking software, Incentivantage, to track not only amounts currently due, but also short-term and long-term trends on total cost of sales (including base compensation, automobiles and other fringes), as a percentage of the revenue they deliver over the same period, as well as a margin by product analysis.  With this analysis, we often find that your sales team members are making the most incentive money from your lowest margin products.  We can customize Incentivantage to work for any type of bonus or commission structure plan that you can conceive.  You may even elect to have multiple plans within your sales force.  We track each earning period over lengthy historic periods of time, providing the ability to show trends of both cost and performance.  Tracking incentives this way showcases strengths within your sales team and current plan, as well as presents opportunities for tune-ups and tweaks, based on sound, well-founded data.  We believe this is an often overlooked opportunity to preserve or pick up additional margin in your business.

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We have the ability to construct, amend or even compare your existing incentive plan to other types of plans for probable outcomes, but once we land on a particular structure, we can offer all analytical and reporting services for a very nominal fee.  With our proprietary software, we ensure timely turnaround on output, provided you are able to supply key input data, such as sales by item by sales person for each period.  We can send reports as (1) electronic media, (2) hardcopy or (3) both.  The fee structure for setting up any subscription agreement service with us is very simple…a one-time set-up fee ($500-$1,000) for setup/programming to customize to your plan’s algorithm into our proprietary software…and then a fee of $100/report per instance per month.  For any type of subscription service agreement, we offer report distribution frequencies instances of (1) Weekly, (2) Bi-weekly, (3) Monthly, (4) Quarterly, (5) Semi-Annually or (6) Annually. 

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Once we begin to accumulate your data, you will have the ability to look at each sales person’s total cost of sales and revenue performance period over period…year over year…or on an actual versus budget basis for whatever fraction of the year you want to see.  You cannot get that kind of comparative or trend analysis from the typical one-off spreadsheet that fulfills this need predominantly in most companies.  We also strongly advocate for plan caveats and sweetners to be utilized to accelerate or deter certain types of sales performance.  These measures can often be tedious to model into a spreadsheet, but so critical to maximizing the overall outcome.  We excel in the mathematical modeling of incentive compensation arrangements.  Trust us to help you identify the best plan to fulfill your needs…then maintain its integrity by computing the amounts due to your team each period, while also accumulating all data by item and sales person over the long haul.

Please strongly consider entrusting us with this service, as it will more than pay for itself inside of the first 12-month period you contract with us.  This service generates a very strong ROI for our clients and is sure to provide very insightful information about sales performance not likely currently known as of today.