Professional Documents
Culture Documents
Age
Gender
Percentage
Age%
M%
F%
18-25
9%
9%
18%
26-33
19%
25%
44%
34-44
13%
19%
32%
3%
3%
6%
14
18
44%
56%
100%
45
Above
Total
The Table 4.0 shows the age range of the respondents. Majority (44%) of the
respondents belong to the 26-33 age range. The 34-44 year olds comes next which
comprises 32% of the total respondents. The lowest percent goes to 45 year olds and
above which only comprises 6% of the total sample population. Out of the 32
respondents surveyed, 44% are males while 56% are females which means majority of
the total sample population are females.
Table 5.0
Respondents Civil Status
Status
No. of Respondents
Percentage
Single
13
41%
Married
19
59%
Total
32
100%
Table 5.0 presents the frequency and percentage distribution of the respondents
civil status. The table shows that majority of the respondents are married while the
minority are single. The frequency is distributed to 41% single and 59% married.
Table 6.0
Respondents Length of Service
Years
No. of Respondents
Percentage
0 1 Years
16
50%
2 3 Years
12
38%
4 5 Years
12%
0%
Total
32
100%
Table 6.0 shows the frequency and percentage distribution of the respondents
according to their length of service in the company. Out of the 32 total sample
population, 16 have served 0 1 years in the company (50%), 12 have served 2 3
years in the company (38%), 4 have served at least 4 5 years (12%) and no one has
served more than 6 years.
Table 7.0
Problems Encountered by the Respondents
Problems
5
There is no clear
sales process to
follow and guide
the agents in
closing every
sale.
Keeping track of
the prospect and
client lists are
done manually by
agents.
Number of
Respondents
Criteria
4
3
2
Percentage
Total
1
Criteria
4
3
2
Total
%
1
24
32
75% 16% 3%
6%
0% 100%
19
12
32
59% 38% 3%
0%
0% 100%
13
18
32
41% 56% 0%
3%
0% 100%
Inability of
managers to keep
track of the
agents sales
activities.
23
32
72% 25% 3%
0%
0% 100%
Storage of files is
susceptible to be
damaged as well
as lost of files.
15
14
32
47% 44% 9%
0%
0% 100%
Table 7.0 shows the common problems encountered with the existing manual
system of the agency and the respondents rating for each problem, where the scale of
5 means strongly agree while the scale 1 refers to strongly disagree.
Majority (75%) of the total respondents strongly agree that there is no clear sales
process to follow and guide the agents, while only 6% disagree.
More than half (59%) of the total respondents strongly agree that keeping track of
the prospect and client lists are slow and difficult due to the manual way of listing the
names. No one (0%) disagreed.
Almost half (41%) of the respondents strongly agree that the manual way of
keeping schedules and appointments are difficult and time consuming, while only 3%
disagreed.
A vast majority (72%) of the sample population strongly agree that the inability of
managers to keep track of the agents sales activities is a big problem with no one (0%)
disagreeing.
Out of the 32 total sample population surveyed, almost half (47%) strongly agree
that the storage of files are susceptible to damage while nobody (0%) disagreed.
The table clearly shows that a vast majority of the respondents strongly agree to
the problems encountered with the manual system of the agency.
Criteria
Existing System
Proposed
System
Accuracy
3.19
4.91
Reliability
2.56
4.91
Efficiency
2.50
4.63
Speed
2.31
4.94
User-Friendliness
2.22
4.47
Average Mean
2.56
4.77
Table 7.0 presents the mean summary of the existing and the proposed online
system.
With an average mean of 2.56 for the existing system and 4.77 for the proposed
system, the table clearly illustrates how it is more effective than the manual system in
terms of accuracy, reliability, efficiency, speed and user-friendliness.
With the summary of the table, it only shows that the proposed system is indeed
feasible for implementation and effective for the life insurance agency.
COST DESCRIPTION
AMOUNT IN PESO
P 0.00
P 27,000.00
P 27,000.00
P 26,587.75
P 5,588.35
P 32,176.10
P 10,349.30
P 3,500.00
P 5,868.29
P 19,717.59
P 32,176.10
P 19,717.59
P 12,458.51
Payback Period
Net Present Value
Table 8.0 presents the summary of Cost Benefit Analysis. (CBA). The payback
period of the company is within 1.84 years and the Net Present Value is P1,031.65 in 1
year and 11 months of payback period.
Existing System
The inability of the managers to track the sales activities of the agents serves as
a burden for the existing manual system. The lack of scientific sales process to follow
also results to fewer sales of the agents. In most cases, there is a clear lack of
performance in terms of speed and tracking of activities with the existing system.
General Features:
Secure Login. The system has a secured login interface provided for managers
and users to prevent unauthorized persons from accessing the system.
Menu-Driven. The software has menus or list of options for different categories
that leads to different locations depending on the desired purpose.
Keyboard-Driven. The users will be able to access the system through the
keyboard when accessing their desired information in the system.
Mouse-Driven. The software can be explored and accessed using a point and
click device such as the mouse.
User-Friendliness. The proposed system is design such that the average user
of a computer can easily use or operate it without problems.
Functions of the Proposed System
The proposed system which is an online sales management system supports
various functions needed to maximize the sales potential of the agency such as online
tools for agents to help them in closing every sale, online tracking of sales activities of
agents for the managers and a detailed step by step walkthrough of the stages in a
sales process for agents.
Software Development
Hardware Requirements:
Processor
5GB or higher
Memory Capacity
128 MB or higher
Monitor
Keyboard
Standard keyboard
Mouse
Printer
Inkjet Printer
Software Specification:
Operating System
Web Browser
Chapter V
Findings
Based on the results gathered, the following findings are thereby presented:
1. There were a total of 32 respondents in which 8 are managers, 6 are staffs and
18 are sales agents. Majority are female, married, served 0-1 year in the
company and belong to the 26-33 age group. There are 56 percent females and
44 percent males. There are 59 percent married and 41 percent single. In the
age group of respondents, there are 18 percent 18-25 year olds, 44 percent are
26-33 year olds, 32 percent are 34-44 and only 6% belong to the 45 year olds
and above.
2. A vast majority 75% strongly agreed to the problems encountered with the
existing system while only 6% disagreed, which means there is indeed a need to
change the current manual system of the insurance agency.
3. The manual system does not provide agents with tools to maximize the sales
potential of each agent. The current system is not capable of tracking the sales
activities of agents and provides a possibility of loss of files.
4. The solution to the problems encountered with the manual system is to develop
an online sales force management system for the agency.
5. The proposed online sales force management system is feasible for
implementation.
Conclusions
Based on the findings, the researchers come up with the following conclusions:
1. The proposed online system will be a big improvement over the existing manual
system such that every agent will be easily tracked by managers and can easily
be guided in all their sales activities. Aside from the tracking, the ease of being
able to access the system anywhere as long as there is an internet access
serves as freedom for the managers to work wherever they want.
2. The proposed system will be a substantial improvement over the current system
for agents such that all of their sales will be based on the scientific stages of the
sales process. The implementation of the new system can therefore maximize
the sales potential of each agent.
3. As a whole, the proposed system and the existing system have a tremendous
distinction. The difference from the traditional to the proposed system is truly
beneficial to the company, managers, employees and agents.
Recommendations
Based on the results of the findings and conclusions gathered, the researchers
would like to recommend the following:
1. The proponents recommend that the company consider the proposed online
system to increase the number of individual sales of agents and also maximize
the full sales potential of its sales force.
2. The proponents recommend the proposed system be implemented by the
managers, agents and staffs because it is more productive and more capable of
delivering quality performance in sales.