How to extend CPM and planning systems with AI-based economic intelligence
Business leaders are trying to make sense of the current market volatility and economic signals to determine if and how much impact they will have on their lines of business.
Organizations’ underlying CPM/EPM tools and platforms are used extensively as a basis for many forecasting and planning activities. Traditional forecasting is satisfactory in a stable economy but lacks the external lens to plan in uncertain markets. This leads to plans containing blind spots, inaccuracies, and flaws.
Prevedere has a predictive planning solution that can be easily layered and blended into your current systems and processes without having to change or displace any of your existing CPM tools or platforms. Companies combining their internal forecasts with Prevedere’s economic baseline forecast create more holistic and market-validated predictions for planning use. As a result, prevedere customers reduce their forecast misses by 5-25%, which ultimately reduces cost, helps manage risk, and increases profitability.
The CPM and planning solutions eBook provide insight into:
- Market-validated planning
- How to effectively cut forecast misses
- Managing risk and maximizing opportunity
- Leveraging market foresight fo competitive advantage
Download the eBook to learn more.
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About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.