Forecasting

Forecasts so painless you’ll actually get them when you want them.

With PowerOLAP®, there's no need to wait until close-of-month (or any other time) to create Forecasts.

You can now forecast based on today's figures.

Don't rely on dead, historical data. Use up-to-the-instant Actuals reflective of current business conditions and your own insightful formulas to project how your business will perform in the coming weeks and months.

Once a budget has been established, the next objective is to realize or exceed budgeted results.

Forecasts are valuable tools that alert you when results are not on track with the budget. In addition to reporting Actual vs. Budget variances (easily accomplished in PowerOLAP), organizations typically review forecasted results for the next three to five months.

Forecasts are designed to reflect changing circumstances in the business environment: competitor initiatives, weather variations, level of the economy, etc. You set the formulas; then PowerOLAP® automatically applies them across all areas for instant, efficient forecasts.

Benefits of Forecasting with PowerOLAP®

Timeliness

If it takes days or weeks to create forecasts, the opportunity to analyze the near-term business scenario will be lost.

Immediate Data for Actuals

Dynamically retrieved from transactional systems—which in turn serve as the basis for Forecast figures. This means an end to waiting for end-of-the-month, batched reports, as well as an end to redundant re-keying to prepare Actuals, Budget and Forecast data in composite reports.

Universal formula application

You decided the percentages, weighting and other metrics that affect your revised forecast figures. PowerOLAP® applies them across all areas, regions, products, etc. for fully automated calculations.

Use Excel

Users work within a familiar Excel environment. No lengthy classes to attend or programs to decipher. Just use Excel spreadsheets but with automatically-provided data and the power of combining hundreds of spreadsheets into one using PowerOLAP®.

Share instantly throughout the enterprise

Whether on the LAN or accessing forecast cubes remotely, PowerOLAP provides instant access and the certainty of working from the exact same version of the information.