Written by Nils R. | Jun 21, 2021 7:00:00 AM
What is a
Ticket Sales by Vendor Report
? Ticket Sales by Vendor Reports are considered ticket analysis tools and are used by sales executives and ticket managers to monitor vendor performance and top line ticket revenue metrics. Some of the main functionality in this type of report is that it shows ticket sales by vendor, game and season. The report starts with a summary of total ticket sales by season and then, down the rows, shows details by game and grouped by pre-season , regular season and post season. along with sub-totals, you can see each vendor's percent of total ticket sales. Ticket vendors are dynamically listed across the columns. The background colors highlights high (green) and low (red) revenues. You find an example of this type of report below.
Purpose of
Sales by Ticket Vendor Reports Sports organizations use Sales by Ticket Vendor Reports to easily monitor how each ticket vendor is performing. When used as part of good business practices in FP&A and Ticket departments, a company can improve its vendor strategies and increase revenues, and it can reduce the chances that managers don't have the data needed to quickly react to unexpected ticket vendor performance.
Example of a
Sales by Ticket Vendor Report Here is an example of a Sales by Ticket Vendor Report with detailed sales figures by game and season. [caption id="" align="alignnone" width="2560"]
Example of a Ticket Sales by Vendor Report for Sports Organizations and Venues[/caption] You can find hundreds of additional examples
here
Who Uses This Type of
Report
? The typical users of this type of report are: Executives, ticket managers, sales managers, venue managers.
Other Reports Often Used in Conjunction with
Sales by Ticket Vendor Reports Progressive FP&A and Ticket departments sometimes use several different Sales by Ticket Vendor Reports, along with detailed ticket revenue reports, profit & loss reports, ticket dashboards, KPI reports, annual budgets and forecasts and other management and control tools.
Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.
What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
- Native ERP report writers and query tools
- Spreadsheets (for example Microsoft Excel)
- Corporate Performance Management (CPM) tools (for example Solver)
- Dashboards (for example Microsoft Power BI and Tableau)
Corporate Performance Management (CPM) Cloud Solutions and More Examples
