Effective forecasting is crucial for the success of any business.
A key strength of IBM® Planning Analytics is the ability to collect data from multiple systems for analysis and use in scenario planning for likely future outcomes.
Financial forecasting calculates the budget allocation for future periods and is updated at intervals to suit your organisation based on changing market conditions.
In today’s rapidly changing business environment a long-term forecast could be rendered ineffective by the news that a customer has moved to a competitor’s business. This development would have an immediate impact on the forecast, requiring an urgent short-term update. Modelling in IBM® Planning Analytics allows for instant changes to be implemented and the results accessed by all users within your organisation, bringing financial and operational planning closer.
Get in touch for more information on how Spitfire Analytics can help you future-proof your business with enhanced forecasting capabilities through IBM® Planning Analytics.