Does predictive planning and forecasting take corporate planning to the next level?
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The use of predictive algorithms and machine learning (ML) in corporate planning, known as predictive planning and forecasting, has been an important development in finance and controlling over recent years. Its aims are to improve planning and forecasting and to increase automation in order to reduce the workload of planners.
While software vendors are massively expanding their functionality in this area, utilization in user companies is only increasing slowly. But why is that?
Our BARC study examines the nature and current level of use of predictive planning and forecasting and draws comparisons with the results of past BARC studies. Does predictive planning and forecasting take corporate planning to the next level in practice and provide the benefits that companies expect? Are the enthusiastic promises of vendors exaggerated? How widely is predictive planning actually used?
Watch our webinar on the study!
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