Build accurate forecasts and budgets with machine learning (ML) so every planning cycle begins with a better baseline.
Predict: Projections, part of the Planful Predict suite of AI/ML capabilities, takes three or more years of historical data and puts ML to work reviewing millions of data points for automatic budgets and forecasts that kickstart your planning cycles with more than just averages.
Predict: Projections also provide upper and lower guardrails to keep teams on track by reining in errant assumptions, unrealistic expectations, and copy-and-paste budgets. Instead, start with an intelligent baseline that sparks meaningful conversations from the get-go
Robby LeBourveauDirector of Finance in the Manufacturing Industry
“This is about decision velocity. Machines can make decisions 100 times per second. We’re lucky to make one per second. We’re even luckier if we can get out of management committee in four weeks. It takes us so long to make decisions. If you can’t get to that level of AI, you’re going to fall behind.”
Spending days building budgets and gathering forecasts wastes time and leaves too much room for errors and guesses. Predict: Projections delivers a realistic, data-driven baseline across plans using three or more years of historical data to guide and accelerate planning and budgeting efforts.