Clover Reporting takes the hard work out of forecasting by tracking and sorting your data for you. Our reports can help you with day-to-day accounting and also measure your business’s health with these 9 numbers. Clover Reporting is available on your mobile app, your Clover device, or anywhere you access your Clover Dashboard (although not all reports are available at every location).The Clover Web Dashboard provides access to the most complete information. Here are some of the most useful reports for forecasting sales and managing cash flow.
The Sales Overview rolls up your sales reports into one where you can see overall trends in such things as gross sales, net sales, average ticket size, and amount collected for a selected time period. Clover Reporting allows you to filter your data by time period, employee, order type, source of order, and by Clover device. All of the categories, filters, and terms used in this report are defined here to make sure you’re interpreting them correctly.
Look at the data ranges for which your business had significant changes—a local lockdown, perhaps—and look at all the variables the report includes. Take note of what people were still buying during each period, and how they chose to make those purchases.
Your Sales Overview report includes:
Sales Summary is a more detailed version of the Sales Overview report. It breaks down the time period side-by-side in a numerical format. This is useful to discover your peak periods—either during the week or even over the course of a single day. It also gives you a snapshot of key numbers like average ticket size, amount collected and net sales with trends for each.
Reduce your overhead costs by forecasting your staff needs. You can do this by identifying your peak periods and how customers are preferring to purchase from you. Customer pickup, for example, often requires less staff than full-serve.
Items Report tells you which of your products sell the best. Top 5 Items (pictured above) shows your top sellers with a year-over-year comparison, and you can dive deeper from here.
You can apply filters to this data to determine which classes of products perform best (for example, wine versus beer), which products had the most returns, or which products sold…but at a steep discount?
The last several years have brought new challenges to every business. But accurate forecasting can help you stay ahead of change. Keeping pace with your numbers and sales on a daily basis is not only smart, it can also help you pivot accordingly. Clover Reporting is an extremely powerful tool to help you do just that while managing your cash flow.
To learn how a Clover POS system enabled with powerful tracking and reporting can help your business, reach out to a Clover Business Consultant today.GET STARTED
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