Here are the overview of the steps to follow for the Sales Pipeline Manager (CRM) Power BI.

Click here to get started with using the template. 

Click here to set up proper connections in Power BI with the Settings and Data files in SharePoint.

The Settings Sheet:

The Settings sheet has all the relevant sales attributes, which can be entered just one time.

Enter the 10 intermediatory Deal stages in your sales pipeline.

And other details like the Lead source, industry, location, Lost Reason as defined by your organization etc

Note: All the individual sales person should have a view access to the Settings sheet.

Overview of Steps to enter data in the sales person's files

1. Entering a new deal in Deals table

2.  Updating a deal as you make progress

3. Closing a deal

Step 1: Enter new deals:

We can enter new deals by typing in the Deals table.

Each row is a separate deal. There are some key types of information we enter in the table. Let’s look at them on by one.

Deal Name: Give each deal a unique name. This is a required field. If no deal name is entered, the deal does not get counted in the Dashboard. Having a unique name allows easily identify a specific deal.

Deal Value is the total value of the deal. Deal Value can be estimated if it has not been determined yet. But please enter a value so that the pipeline can be evaluated.

Created Date is the date when the deal originally was entered. This allows us to track the sales process and timeline from this date.

As the template can handle 10 intermediatory stages, there are 10 intermediatory stage date columns. 

By default, the first and the last stages are NEW and CLOSED.

If your sales pipeline process has only 4  stages, then you can hide the remaining columns that will be shown as "Hide this Column".  Do not delete. Just hide the columns.

When a deal passes each stage, enter the date when it reached that stage. If a deal has not reached a specific stage yet, leave the cell blank.

Enter Win %, Status and Close Date

Then, we enter a Win % for each deal. For deals that are not closed yet, we would enter our estimate of the chances of winning a deal. If we have a 50-50 chance of winning or losing a deal, we would enter 50. The template will automatically convert to 50%.

If the deal is still open, leave the status blank.

Enter a win % for all open deals to calculate the sales pipeline value.

Deal Attributes:  There are 5 deal attributes provided. Lead Source, Industry, Location, Product and Company are provided as default attributes.

These attributes are used in the Power BI dashboard in the analysis of your sales pipeline to understand what types of deals are being successful versus not.

Contact Attributes: 3 columns are provided as placeholders to store Contact name, Email address, Phone number. 

Step 2: Updating a deal

As we continue to work on deals, new information may arrive. Based on that, we need to update the deals.

Update Win % for deals as needed, so that your active pipeline is always reflecting the reality.

Enter stage dates when deal reaches each stage.

Step 3: Closing a deal

When a deal has closed, choose the status as WON or LOST and enter a Close date. 

Deals can be closed if a decision has been taken by the customer to purchase. This is the scenario of a deal WON.

If prospect decides to not to purchase or if it has been a while since the prospect has been in touch, we can close the deal as LOST.

We can enter this information by entering the STATUS to be ‘WON’ or ‘LOST’. The values must be exactly WON or LOST. Other values are not allowed.

Then, we should enter the CLOSE DATE. This date is used to calculate the Average time taken to close a deal.

Lost Reason: This column can be used to store the reason why the deal was lost. Enter only for deals lost.

Check for Errors:

For every entry in the Data sheet, kindly check whether you've entered any erroneous data by looking at the ERROR column at the end. This ensures that all the data that enters into the Power BI are error free for accurate insights.