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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Amazon Forecast is an entirely managed service that employs machine learning techniques to provide exceptionally precise predictions. In the contemporary business landscape, organizations utilize a range of tools, from basic spreadsheets to intricate financial planning applications, in their quest to accurately project future outcomes such as product demand, resource allocation, and overall financial results. These forecasting tools generate predictions by analyzing historical data known as time series data. For instance, they might estimate future demand for raincoats based solely on past sales figures, operating under the premise that future performance will mirror historical trends. However, this methodology can falter when tasked with managing extensive datasets that exhibit irregular patterns. Moreover, it often struggles to seamlessly integrate evolving data streams—like pricing, discounts, web traffic, and workforce numbers—with pertinent independent variables, such as product specifications and retail locations. As a result, businesses seeking reliable forecasts may find themselves facing significant challenges in adapting to the complexities of their data.

Description

Developing precise and efficient financial plans and forecasts for group enterprises involves rapid, accurate planning that adapts to the evolving needs of your business. Many current solutions lack the necessary flexibility, and the pre-designed content often proves challenging to tailor, leading organizations to face difficulties in standardizing and integrating intricate corporate planning processes across various divisions, product lines, or departments belonging to different legal entities. IDL Forecast addresses all your needs for swift and precise financial planning and forecasting on a group-wide scale by merging planning and consolidation models, thus establishing a unified source of truth that supports ongoing planning throughout the year. Consequently, it is no surprise that 81 percent of clients utilizing consolidation features choose to implement IDL software for their financial planning as well, further demonstrating its effectiveness and reliability. With IDL Forecast, organizations can not only streamline their financial processes but also gain the insights necessary for strategic decision-making.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

AWS AI Services
AWS App Mesh
Amazon S3

Integrations

AWS AI Services
AWS App Mesh
Amazon S3

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

insightsoftware

Founded

1993

Country

Canada

Website

insightsoftware.com/idl/idl-forecast/

Product Features

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Product Features

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Alternatives

Alternatives

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