WHAT ABOUT Tools and Capabilities ? *

Forecast Pro is straightforward, Accurate and Affordable.

Forecast Pro is affordable, easy-to-use and quick to implement. Additionally, it allows your team to providing comprehensive features for building a successful forecast process including :

Forecast Pro integrates Machine Learning with new cutting-edge methodologies to generate more accurate forecast

 With Machine Learning (ML) powered forecasting, producing reliable forecasts and improving accuracy is easier than ever. Either automatically apply ML using our Expert Selection algorithm, or choose Machine Learning as a new method for creating customized models. 

Forecast Pro TRAC V8 integrates Extreme Gradient Boosting (XG Boost) Decision Trees, a Machine Learning technique proven to be best-in-class in forecasting competitions. XG Boost is readily accessible to all Forecast Pro users by leveraging the same AI-driven algorithm that powers Expert Selection to select and train the XG Boost models. 

Automatically applying Machine Learning using only historic data is simple with our Expert Selection algorithm. Creating customized models with user-specified features, such as event schedules or explanatory variables, is fast and easy when you choose Machine Learning as your forecasting method.

Take advantage of Forecast Pro for solving a good range of forecasting problems

Forecast Pro offers a comprehensive portfolio of tools and capabilities for solving a good range of forecasting problems. Whether you’re trying to find just the fundamentals or need advanced forecasting techniques and analytics, Forecast Pro will provide you the proper tools.

Forecast Pro's Automated Statistical Forecasting Algorithm allows you to quickly and easily get Accurate Forecasts.

Using its “Best Pick” algorithm, Forecast Pro allows you to get accurate forecasts, even for thousands of items and can account for seasonal patterns, trends, business cycles, promotional activity and more. 

 

Customized Hierarchies and Multiple Units of Measure

Forecasts Pro enables you to forecast at any level of granularity and simply view/report aggregate data and forecasts. It also supports hierarchy pivoting and therefore the ability to figure with forecasts in many units of measure simultaneously.

Easily adjust your Forecast and Empower your Collaborative Process

Forecast Pro simplifies your collaborative process to determine the ultimate forecast. Using an Excel-like grid control, you will be able to easily adjust your forecast or just by entering new values. You can do this at any level within the hierarchy, and every one’s changes are automatically reconciled. 

Take advantage of Forecast Pro to help your Sales and Operations Planning (S&OP)

In support of your organization’s S&OP process, you can import supplementary data into Forecast Pro ‒ like other forecasts, current inventory, and open orders ‒ to create customized reports and graphs.

You can Follow up and Compare your Previous Forecasts Accuracy

Forecast Pro helps you maintain an archive of your previous forecasts (both statistically–generated and adjusted forecasts) so you can compare and contrast previous forecasts to what actually happened.  

Exception Reporting allows you to Focus on the Points that need your Attention

Forecast Pro’s flexible exception reporting allows you to specialise in areas that require your attention. The reports are easily customizable to reflect different performance metrics ‒ like forecast vs. history. 

* These descriptions of the main tools and capabilities were developed in collaboration with our partner Forecast Pro.