Business planning and financial forecasting have changed for the foreseeable future. Given the continued economic volatility and uncertainty driven by COVID, companies need to find new ways to understand and assess how market conditions will impact their businesses. Moreover, given that the market conditions are likely to remain in turmoil for many quarters to come, having an ability to consider “what if” scenarios in your planning process and the agility to modify these quickly to model outcomes will be critical to success in planning and forecasting.
Prevedere recently joined CFO Live’s Finance Leadership Forum. Rich Wagner, Prevedere CEO, and Andrew Duguay, Chief Economist, discussed:
- How leveraging external information and employing scenario planning to assess how economic, geo-political, and consumer factors are impacting their business is helping drive success at their business
- How intelligent forecasting can enable all companies to identify the headwinds and tailwinds that will impact their business and how they can reduce the risks and maximize the returns that these force present
Listen now to hear how scenario Planning is critical for Intelligent Forecasting in 2021 and beyond.
About Prevedere, Inc.
Prevedere is a predictive analytics software company that delivers insights into future business outcomes based on current economic trends. Our predictive economic intelligence helps executives see what lies ahead for their business and solve for upcoming risks and opportunities. Our SaaS solutions apply the power of machine learning and predictive modeling to more than 2.5 million indicators of global economic and consumer activity. Prevedere customers include Fortune 500 industry leaders in retail, manufacturing, and consumer packaged goods. To learn more, visit www.prevedere.comand follow @Prevedere on Twitter.