Track Your Application Count Year Over Year: By monitoring the number of applications you submit, you can gain insights into your performance trends.
Access Key Metrics: The Application Submission Trends feature provides access to important metrics like application count and approval ratio, allowing you to make informed decisions about your application process.
Understand the Impact of Changes: Analyzing these metrics over time helps you see how adjustments to your application process affect your success rate.
Consider External Factors: Your application count and approval rate can be influenced by various factors such as:
Seasonal changes
Competitive job market trends
Specific job requirements
Utilize Platform Insights: Use platform insights to understand how broader trends impact your application count and acceptance rate.
Using the Application Submission Trends Feature:
Log into your PulsePoint/MSPware account.
Navigate to the Application Submission Trends section by clicking the Reports option from the side menu, then click the Application tab, and then click Application Submission Trends.
Select Time Period: Choose the desired time period for analysis.
Review Visualizations: The graph will display your application count and approval ratio year over year based on your selected time period.
Download Data (Optional): You can download the chart data for your records.
Understanding the Data:
Report Year Adjustments: Changing the Report Year in your settings will tailor the data in the info-graphics to that specific year.
Selecting a previous Report Year will exclude Year To Date (YTD) and Month To Date (MTD) comparisons from the info-graphics.
Info-Graphics:
YTD Submitted: This figure represents the total number of applications submitted during the current report year, with a percentage comparison to the previous year to date, indicating whether submissions have increased or decreased.
MTD Submitted: This number shows the total applications submitted during the current month, comparing it to the same month in the previous year to show performance changes.
Approval Percentage: This metric represents the percentage of submitted applications that have been approved.
Graph:
Y-Axis: Displays the number of leads submitted each month.
X-Axis: Shows the months chronologically.
Key: Explains the different statuses an application can have (In review with Elavon, Submitted for Review, Pended, Withdrawn, Approved) and a dotted line visually represents the prior year's monthly performance.
Table:
Submitted Date: Displays the date the application was sent to the office or processor.
Merchant DBA: Shows the DBA submitted with the application or, if approved, the approved merchant's DBA.
Salesperson: Displays the name of the sales user linked to the application record.
Current Status: Shows the current status of the application, such as In review with Elavon, Submitted for Review, Pended, Withdrawn, or Approved.
MID: Upon approval, this field will display the merchant ID.
Division: Shows the division the salesperson is assigned to.
Application Type: Indicates whether the application is for a US or Canadian business.
Application Submission Trends FAQ
What is the "Application Submission Trends" feature?
This feature allows you to track your application count and approval ratio year over year. This provides insights into your professional performance and helps inform your future application strategies.
How can I view my application count and approval ratio?
Log into your PulsePoint/MSPware account.
Navigate to the Application Submission Trends section by clicking the Reports option from the side menu, then click the Application tab, and then click Application Submission Trends.
The graph will display your application count and approval ratio for the selected timeframe. You can also download this data for your records.
What factors can influence my application count and approval rate?
Several factors can affect these metrics, including:
Seasonal changes
Competitive job market trends
Specific job requirements
Leveraging platform insights can help you understand how these macro trends impact your applications.
What information is included in the info-graphics?
YTD Submitted: Total applications submitted in the report year, with a percentage comparison to the previous year.
MTD Submitted: Total applications submitted in the current month, with a percentage comparison to the same month in the previous year.
Approval Percentage: The percentage of submitted applications that have been approved.
How does changing the "Report Year" filter affect the data?
Changing the report year provides tailored data for the selected year. Selecting a prior year will exclude Year-To-Date (YTD) and Month-To-Date (MTD) comparisons.
What does the graph represent?
The graph visualizes your application submission trends:
Y-Axis: Count of leads submitted per month
X-Axis: Month-to-month progression
Key: Shows the different statuses of submitted applications.
Dotted Line: Indicates the prior year's month-over-month performance.
What data is included in the table?
The table provides detailed information about each submitted application:
Submitted Date: Date of application submission.
Merchant DBA: Application name or approved merchant's DBA.
Salesperson: Sales representative assigned to the application.
Current Status: Application's current status (e.g., In review, Submitted, Pended).
MID: Merchant ID (if approved).
Division: Salesperson's assigned division.
Application Type: US or Canadian application.
What if I have further questions?
Contact our support team at 877-844-0032 or support@fidano.com for assistance.