Forecast Plus Insights

Forecast Plus Insights: AI-Driven planning and forecasting

Chief Financial Officers (CFOs) are facing the challenge of adapting to the dynamic nature of the modern world. To overcome this challenge, they need to transform their traditional planning and forecasting processes.

Forecast Plus Insights is a powerful tool that utilizes a combination of predictive models to analyze different data streams and generate actionable insights. These models are designed to handle large volumes of data and are capable of detecting patterns and trends that may not be easily identifiable by human analysts. By leveraging predictive analytics and data optimization, businesses can gain valuable insights and make accurate forecasts to drive informed decision-making.

Benefits of Forecast Plus Insights for Financial Planning and Forecasting

Forecast Plus Insights offers several benefits for financial planning and forecasting compared to traditional methods. Some of the key benefits include:

Forecast Plus Insights utilizes advanced predictive models, AI-driven analytics and algorithms, resulting in more accurate forecasts. By analyzing a wide range of data and incorporating various drivers, it can provide more precise predictions of future financial outcomes.

With its ability to analyze and incorporate a wider array of drivers, Forecast Plus Insights provides a more comprehensive view of the factors influencing financial performance. This enables better-informed decision-making and the ability to identify opportunities and risks more effectively.

Forecast Plus Insights is designed to handle large volumes of data, making it suitable for organizations of all sizes. Whether dealing with complex financial models or analyzing vast datasets, Forecast Plus Insights can scale to meet the needs of the business.

Forecast Plus Insights provides real-time monitoring and updates, allowing organizations to track their financial performance and make adjustments as needed. It also offers insights and recommendations based on changing market conditions and business dynamics.

By leveraging these benefits, organizations can improve the accuracy of their financial planning and forecasting, streamline processes, and make more informed decisions for better financial outcomes.

It's important to recognize that while Forecast Plus Insights offers enhanced capabilities, it is one of many tools available to finance professionals. However, its AI-driven approach, ease of use, swift performance and high accuracy of predictions make it a standout option.

Explore the potential of Forecast Plus Insights and steer your financial strategy with the power of AI.

Financial Planning and Forecasting with Forecast Plus Insights

Traditional financial planning methods often involve tedious manual simulations and heavily rely on the expertise of a few individuals. One of the main limitations of traditional financial planning is the time-consuming nature of manual simulations. These simulations require significant effort and can be prone to errors.

Another limitation of traditional financial planning is the reliance on the expertise of a few individuals. This can lead to biased decision-making and limited perspectives. Furthermore, traditional methods are often constrained by their inability to effectively process large datasets. This can result in less informed decision-making due to incomplete or inaccurate data analysis.

By transitioning from traditional financial planning to Forecast Plus Insights, CFOs and CEOs can overcome these limitations and make more informed decisions based on data-driven insights.

With Forecast Plus Insights, decision-makers can unlock the potential for automation, which translates to improved efficiency and more time to focus on strategic tasks. This tool provides better quality forecasts due to its reliable methodology and the ability to incorporate a wider array of drivers that influence a company's performance.

Operational Steering with Forecast Plus

Forecast Plus Insights is a powerful tool that can help organizations tackle the challenges of operational steering in the face of unpredictable demand, supply chain disruptions, and inflation. By leveraging its capabilities, organizations can transform their forecasting processes, boost market responsiveness, and improve operational efficiency.

Key Benefits:

Accurate demand predictions
Proactive supply chain strategies
Adaptation to cost fluctuations.

Choose Forecast Plus Insights for a competitive edge in sales volume steering.

By incorporating Forecast Plus Insights into your operational steering strategy, your business gains forward looking insights. This enables you to deliver more accurate demand forecasting, streamlined inventory management, and an adaptive response to supply chain changes. The result is a more efficient, competitive approach to day-to-day operational steering on your company.

With Forecast Plus Insights, your business can harness the full potential of AI-driven insights. Step into the future of informed, strategic decision-making and secure your position as a leader in your industry.

The added value of Forecast Plus Insights

Access Instant Predictions with ease
Enhance planning and analysis capabilities with the Power of market insights
Gain Insight into Market Dynamics through Forecast Scenarios
Gain a better understanding of your business drivers

Access Instant Predictions with ease

Generate your forecasts as easily as with the push of a button. Over 20 best practice models are trained, tested and implemented to choose a combination of the most suitable forecasting models tailored for your needs, for each indicator on every granularity level. The process is fully automated and independent, allowing you to provide accurate forecasts, whilst providing your team with the opportunity to focus on business partnering.

Enhance planning and analysis capabilities with the Power of market insights

Stay ahead of competition tapping into comprehensive analysis of a large data pool to gain early insights into market changes and their impact on your business. Utilize internal data and strengthen it with market insights to achieve the highest forecast accuracy. This equips you to steer and make decisions not only efficiently but also effectively.

Gain Insight into Market Dynamics through Forecast Scenarios

Forecast Plus is designed to provide you with steering-relevant information, including identified business drivers and their respective relevance. Use scenario-based forecasts, simulated by the tool, to equip your business with knowledge to respond to unprecedented market dynamics.

Gain a better understanding of your business drivers

Forecast Plus Insights goes beyond providing reliable and accurate predictions. It also offers detailed explanations behind the forecasted key performance indicators (KPIs), regardless of the complexity of the model. This transparency allows organizations to gain trust in the forecasts and make safe corporate decisions.

Why act now?

156 million euros

Prevented average loss

Elevate corporate steering, making informed decisions with greater certainty based on accurate forecasts.

95% - 99.5%

Average accuracy of predictions

Harness the power of AI to remove bias, foster continuous model improvement and accelerate a data-driven approach.

<1 day

<1 day for an accurate forecast

Forecast Plus enables the finance function to focus on value-adding activities while improving the speed of forecast creation. Our tool provides forecast data 4-10 times faster, ready for use in corporate steering.

How PwC can support you

Our human-led, tech-powered approach forms the basis for utilizing the opportunities provided by Forecast Plus Insights. Together with you we create solutions that help reform parts of your organization.