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Description

Allovance is founded on the principle that there exists a more effective method for making decisions. Our organization draws upon extensive research from various fields, including decision sciences, psychology, business, change management, and learning behaviors. This foundation of knowledge has led to the creation of two distinctive product offerings. The Allovance Software is designed to assist stakeholders in navigating the five-step decision-making process: Strategize, Compare, Quantify, Score, and Select. By subscribing to the software, you gain access to implementation training, allowing you to utilize the tool at your convenience with your team. Additionally, Allovance Certified Decision Coaches possess expertise in business strategy, facilitation, and decision-making, and they are dedicated to empowering organizations in reaching their strategic objectives. These Coaches are readily available and thoroughly trained to implement the Allovance approach effectively, ensuring that your organization can optimize its decision-making processes. With their support, you can transform the way your team approaches challenges, fostering a culture of informed decision-making.

Description

Beautiful dashboards and reports are available in BI tools that allow users to examine patterns in historical data. Past data can provide insights. It cannot be prescriptive. Model-Driven decision making is the only way to get a better understanding of what could happen in unusual situations and how to make it happen. Analytica is an innovative visual software environment that allows you to build, explore, and share quantitative decision models that produce prescriptive results. Transcend cumbersome spreadsheets. Analytica's flexibility, power, flexibility, and clarity are a revelation. Analytica makes it easy to create transparent models in fractions of the time required for procedural languages such as R or Python. Analytica provides insights, not just numbers. Agile modeling can be used to create models that support business decision-making. Probabilistic simulations are efficient and accurate in estimating risk and uncertainty. Smart sensitivity analysis reveals what is important and why.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Allovance

Founded

2017

Country

United States

Website

allovancemethod.com

Vendor Details

Company Name

Lumina Decision Systems

Founded

1991

Country

United States

Website

analytica.com

Product Features

Business Performance Management

Ad Hoc Reports No 
Ad hoc Analysis No 
Budgeting & Forecasting Yes 
Consolidation / Roll-Up No 
Dashboard Yes 
Key Performance Indicators No 
Predictive Analytics No 
Qualitative Analysis Yes 
Quantitative Analysis Yes 
Scorecarding Yes 
Strategic Planning Yes 

Decision Support

Application Development No 
Budgeting & Forecasting Yes 
Data Analysis Yes 
Decision Tree Analysis No 
Monte Carlo Simulation Yes 
Performance Metrics Yes 
Rules-Based Workflow No 
Sensitivity Analysis Yes 
Thematic Mapping No 
Version Control No 

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control Yes 
Compliance Management Yes 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management Yes 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management Yes 
Risk Assessment Yes 

Strategic Planning

Budgeting & Forecasting No 
Dashboard No 
Goal Setting / Tracking No 
Idea Management No 
KPIs No 
Modeling & Simulation No 
Roadmapping No 
Scenario Planning No 
Scorecards No 

Product Features

Decision Support

Application Development Yes 
Budgeting & Forecasting Yes 
Data Analysis Yes 
Decision Tree Analysis Yes 
Monte Carlo Simulation Yes 
Performance Metrics Yes 
Rules-Based Workflow No 
Sensitivity Analysis Yes 
Thematic Mapping No 
Version Control Yes 

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management Yes 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment Yes 

Statistical Analysis

Analytics Yes 
Association Discovery Yes 
Compliance Tracking Yes 
File Management No 
File Storage Yes 
Forecasting Yes 
Multivariate Analysis Yes 
Regression Analysis Yes 
Statistical Process Control No 
Statistical Simulation Yes 
Survival Analysis No 
Time Series Yes 
Visualization Yes 

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