What is Opportunity Funnel in SAP SRD-CRM-OPP - CRM-Opportunities?

SAP Term: Opportunity Funnel

• Component: SRD-CRM-OPP

• Component Name: CRM-Opportunities

• Description: A report that shows the opportunities, as well as the quotes and orders that originate, either directly or indirectly, from these opportunities.

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• Key Concepts: 
  Opportunity Funnel is a feature of the SAP CRM Opportunities component that allows users to track and manage sales opportunities. It provides a visual representation of the sales process, from initial contact to closure, and allows users to monitor the progress of each opportunity. The funnel also provides an overview of the total number of opportunities in each stage, as well as the total value of those opportunities. 
  
  How to use it: 
  To use the Opportunity Funnel, users must first create an opportunity in SAP CRM. Once an opportunity is created, it can be tracked through the funnel. The funnel will display the current status of each opportunity, as well as its estimated value. Users can then use this information to prioritize their efforts and focus on those opportunities with the highest potential for success. 
  
  Tips & Tricks: 
  When using the Opportunity Funnel, it is important to keep track of all opportunities and their progress. This will help ensure that no opportunities are overlooked or forgotten about. Additionally, it is important to regularly review the funnel to ensure that all opportunities are progressing as expected. 
  
  Related Information: 
  For more information on using the Opportunity Funnel in SAP CRM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CRM_OPP/7.0/en-US