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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

FUTURE® stands as the first truly versatile forecasting system for oil and gas production on a global scale. This innovative platform can execute comprehensive integrated asset model calculations for extensive systems within mere minutes, utilizing daily time-steps essential for short-term predictions. By consolidating various overlapping software tools—such as the DCA application, IAM software, business planning spreadsheets, and STPF systems—FUTURE® provides a unified solution. Users can efficiently manage all forecasting-related tasks through a single interface, encompassing long-term forecasting for business planning and reserves, medium-term forecasting for development planning and addressing bottlenecks, as well as short-term forecasting crucial for production operations. This streamlining of processes not only enhances efficiency but also minimizes the complexity typically associated with multiple software systems.

Description

Often carried out at a category level, a financial plan acts as a foundational reference and a basis for developing other strategic plans. This comprehensive plan incorporates the essential features needed to create a long-term budget as well as forecasts for sales, gross margin, inventory turnover, and other crucial key performance indicators (KPIs). Users have the capability to evaluate and approve figures at various management levels, thereby establishing financial objectives for the upcoming year or multiple seasons. This plan relies on a long-term demand forecast and leverages the insights generated by Retalon’s predictive analytics engine, which analyzes historical sales data, including factors such as lost sales, promotional activities, price adjustments, seasonality, and market trends, to assist users in planning future sales, inventory quantities, and receipts. Additionally, this module empowers users to determine optimal initial pre-allocation quantities while considering the specific needs of each location, plan-o-gram limitations, desired product assortments, inventory availability, and relevant business rules. Ultimately, this structured approach to financial planning streamlines the decision-making process and enhances overall organizational efficiency.

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 No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

Deployment

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

Customer Support

Business Hours No 
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 No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Serafim

Website

www.serafimltd.com

Vendor Details

Company Name

Retalon

Founded

2002

Country

Canada

Website

retalon.com/solutions

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management No 
Job Costing No 
Logistics Management No 
Maintenance Management No 
Material Management No 
Project Management No 
Resource Management Yes 
Scheduling Yes 
Work Order Management No 

Product Features

Automatic Replenishment Systems

Counting by Exception No 
Customer Management No 
Financial Management No 
Inventory Management No 
Nice Shelf Stocks No 
On-order Information No 
Sales Anticipation No 
Store Order Leveling No 
Zero Turnover Checks No 

Predictive Analytics

AI / Machine Learning No 
Benchmarking No 
Data Blending No 
Data Mining No 
Demand Forecasting No 
For Education No 
For Healthcare No 
Modeling & Simulation No 
Sentiment Analysis No 

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