Artificial intelligence (AI) can do a lot – for example, it can help companies with sales forecasts. The AI-powered HubSpot forecasting tool, available in beta version, predicts future sales based on monthly sales data and can compare the accuracy of manual forecasts with the accuracy of AI forecasts. It supports sales leaders and managing directors – here is an overview.
By using artificial intelligence (AI), companies can work more efficiently and increase their sales. This is especially true in sales.
AI in sales teams: What is possible?
With the help of artificial intelligence (AI), sales teams can
- Addressing customers (e.g. chatbots)
- Automate tasks (e.g. email workflows)
- Writing sales content (e.g. newsletters)
- Gain insights for decisions (e.g. forecasts)
AI helps sales teams target customers, automate repetitive tasks, create 99 acres database tailored sales content, and extract valuable insights from data analytics. In addition, using AI-powered tools like HubSpot’s forecasting tool enables sales leaders and executives to accurately predict future sales and make data-driven decisions.
In this article, learn more about the HubSpot forecasting tool and how it helps companies gain more accurate insights through data-driven AI forecasting .
Precise Insights: Benefits of HubSpot’s Forecasting Tool
The HubSpot forecasting tool is linked to the HubSpot CRM tool. This gives on which platforms is the deep link structure used? companies a complete overview of the facts and figures of the sales pipeline in real time. It offers the following for sales planning:
- custom dashboards
- clear performance indicators such as monthly and quarterly sales
- meaningful insights into the performance of individual teams
- customizable filters, various forecast categories, weighted sales pipelines and historical snapshots
- individual pipelines for monitoring renewal and upgrade deals
Powerful data visualization enables decision makers to quickly spot trends, identify bottlenecks, and optimize the effectiveness of their sales strategy.
Sound sales planning: AI forecasts at HubSpot in beta version
HubSpot’s latest AI predictions are still in beta and look promising. HubSpot uses predictive AI technology to forecast future revenue based on data from closed and won deals.
HubSpot’s Sales AI improves forecast accuracy in two ways:
1) HubSpot’s AI forecasts are based on the deals closed and won by a portal in the first seven days of a month. They create sales forecasts for the end of the current month and are recalculated every seven days. Find out more in our German-language HubSpot user blog :
Hubspot Update (Deals): New AI Predictions
2) HubSpot AI forecasts can also be easily and clearly compared to manual forecasts. The average value of the manual forecasts for a specific team or employee in a specific month is used. Read more here:
HubSpot Update (Deals): Accuracy comparison – manual forecasting versus AI forecasting
LANGEundPFLANZ digital TIP : In addition to manual forecasts from experienced employees, use AI-supported forecasts to generate the most accurate predictions possible about future deals and compare the two. This optimizes business decisions, makes your sales strategy more efficient and ultimately increases business success.
Conclusion
Forecasting future deals is often challenging, and sales teams material data often have to rely on inaccurate estimates. While HubSpot’s AI forecasts aren’t an absolute guarantee, they still serve as important guides for business decisions. Thanks to their data-driven approach, HubSpot’s AI forecasts not only help review team success and evaluate overall performance, but are also easily compared to manual calculations thanks to the user-friendly software.