Today’s organizations must be able to forecast the future as quickly and accurately as possible. Unfortunately, the forecasting process often is rendered ineffective by subjectivity and game-playing. Enterprising companies leverage technology to forecast objectively, quickly, and accurately.
Infor PM (Performance Management) Forecasting software allows organizations to create statistically accurate forecasts that help manage performance expectations, make tactical adjustments, and achieve performance goals. Infor gives organizations the ability to collect forecast information as often as necessary over the web, through Microsoft Excel, or from other business systems. Forecasting with Infor PM requires no statistical expertise because the forecasting engine embedded in the software selects the optimum statistical technique to analyze the data you specify.
Infor PM Forecasting can be tailored to reflect your unique business requirements. These solutions are part of Infor's closed-loop performance management offering, which also includes applications for strategic management, planning and budgeting, financial consolidation, financial reporting, and Business Specific Analytics. This solution supports the following:
Real-time Data Aggregation—submit and retrieve data in real time to reduce cycle time and adapt to changing business conditions.
Detailed Forecasting—forecast not only at the summary level, but also at the detail level (e.g., by product, region, sales channel, initiative) for more accurate results.
Workflow Management—monitor participation, ensure compliance, and avoid bottlenecks that can slow the forecasting process.
Alert Generation—take action ahead of time when Infor's solution identifies a gap between planned performance and projected future results.
Continuous Predictive Modeling—create rolling forecasts to automatically adjust revenue targets to meet your goals as each period closes and a new period rolls forward.
Contact us to learn how Infor PM Forecasting will make a difference in your business.
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