Economic Scenario Planning

Planning during today’s economic climate is extraordinarily difficult. COVID turned the world on its side, and almost two years into the pandemic, companies are still struggling to find their footing in increasing uncertainty.

But the pandemic isn’t the only threat to consider. Business leaders must now also be well versed in and prepared for the impacts of inflation, labor market imbalance, and supply chain disruption. Never before have there been four massive economic situations happening at once. These tumultuous, atypical times demand a new approach to business planning and forecasting. Companies are in uncharted territory, and planning will continue to be unprecedented.

Economic Scenario Planning from Prevedere helps companies navigate these tumultuous times. Our enterprise-class solution projects future business outcomes under three plausible economic scenarios: Baseline, Optimistic, and Pessimistic. Companies can improve planning and risk management with a clearer view of the pandemic’s evolving impact, including variations by region and operating unit.

All-in-One Scalable Solution

Prevedere brings together the three capabilities needed for economic scenario planning:

1. A world of external data:

Our global data cloud features millions of leading indicators, including the near-term, high-frequency data required to track today’s rapidly changing conditions.

2. Econometric models:

Our AI-powered econometric modeling engine builds 1,000s of predictive models in minutes, and machine learning improves them over time.

3. Deep economic expertise:

Our senior economists draw on decades of experience to help companies interpret, use, and iterate their custom scenario plans.

With Prevedere, companies can achieve a more accurate and dynamic planning capability in a period of tremendous turmoil. The solution can be tailored to individual companies across more than a dozen industries.