What do we do?
CONVENDIA helps you forecast cash and recognised revenue better, allows you to enable greater transparency of what was achieved versus what was promised, and creates value through allowing your financial decisions and forecasting to be based on better and more objective information.
Provides CxO’s accurate information at the touch of a button
Lift corporate Financial Fog to enable better strategic decisions
Provide fully automated cashflow and revenue forecasting
Improve visibility of achieving sales targets of the sales pipeline
De-risk project change management impacts on corporate financials
Provide full cash and revenue implications of changes to deals in your sales pipeline
Model internal and external environment factors to predict the future
Spend less time on revenue forecasting in spreadsheets
Watch and listen below to John Wisbey, CEO, as he provides a corporate overview of CONVENDIA and why the company was founded and how CONVENDIA can drive value creation in your organisation.
Sales pipelines management is essential for any serious business however they predominantly helps organisations understand whether they are going to meet their sales quota target - this is useful, but not much assistance to understand what this means for cash flow or revenue recognition.
Convendia can use your existing sales pipeline data and turn it into a powerful data stream to drive a full understanding of the impact of your sales strategy to your corporate financials, always accurate and always real-time, leveraging Convendia to create a digital representation of the contractual terms.
Winning business is one thing, but organisations also suffer from change management volatility which can create a big impact to what you know today in terms of how this will change.
Project Management is key to successfully achieving the delivery objective of the sales opportunity made, but change management can create change impacts which adjust the financials of the projects, from changes in requirements, adjustments in resourcing levels to changes in key dates.
These are the “known unknowns”, as we know they will happen but it is difficult to predict the impact until they occur. Convendia provides a means to manage such changes and instantly understand the impact to the project and corporate financials.
Even after projects are complete, there are often recurring cash flow items that continue to have an impact on the organisation, from potentially subscriptions, to license renewals, maintenance or transaction or usage based charges.
Often these are handled by Account Managers whom continue to service the client and ensure changes are reflected as the client requirements change or their business grows.
With Revenue Modeller, Account Manager can pick up where the Project was completed and see the remaining revenue expected from the Engagement, make adjustments, add extra services in or reforcast future transaction or usage revenue. All of which keeps the cash and revenue in perfect alignment with the client.
Understanding the value a client has had is quite difficult to understand and usually quite complex to accumulate all the data from different systems, across CRM, ERP and accounting platforms. You may get a view from each but it will be incomplete.
Revenue Modeller can show you the value you earned from your clients across the entire lifecycle from Leads to Opportunities, from Active to Completed Projects, and if there value expected after the Project is completed from maintenance, term renewal or subscriptions, or transaction or usage cash events, then separately from these too.
You can also see what your clients purchase from you the most, and what value you generated from your services - in a simple easy to understand table which is always correct no matter what changes have occured.
Companies, large and small, public and private, are already benefiting from the power and features delivered by Convendia.
Put us to the challenge and see how we can get your organisation up and running quickly…