Improve Your Forecasting Tools For More Predictable Growth
As a leading Austin-based consulting firm, 9Gauge Partners continues to utilize its partnership with Adaptive Insights to leverage innovative CPM and business intelligence solutions to help leaders make better business decisions faster. Below is a detailed look into how Adaptive Insights can help your company’s forecasting needs:
Challenge: Did you know that…
- 78% of best-in-class continuously forecast and 76% use the most up-to-date business drivers (Source: Aberdeen).
- Successfully improving planning and forecasting drove 116% book value growth over three years (Source: Accenture).
- Yet most companies don’t have the time or tools to do proper forecasting today, with only 6% doing the most effective driver-based forecasts (Ventana Research)
You’re losing the opportunity to be more nimble than your competitors. Not forecasting effectively impacts your ability to steer your organization through new business initiatives, organizational and macroeconomic changes, and reduces your confidence to make decisions based on where the business is going.
Opportunity: What if you could…
- Move from painful quarterly forecasts to rolling forecasts?
- More easily implement driver-based forecasting?
- Improve forecast accuracy, forecast from the bottom up, and finally trust the forecast results?
- Spend less time creating the forecast and more time analyzing and collaborating on the results?
Solution: Adaptive helps by…
- Making it simple to access the latest data to drive the forecast.
- Building a forecast you can trust by providing web based data entry for managers so they can easily forecast from the bottom up.
- Improving forecast accuracy by enabling continual measurement between actuals and forecasts through rich dashboards and reports.
Need Evidence? Check out these Adaptive Insights Case Studies:
- Improved forecasting to 2-3% accuracy at Mayo Clinic (Saugatuck Research).
- CORT Business Services – Reduced time spent forecasting by 80%.
- BlackLine – Reaches New Level of Financial Analysis With Agile Cloud Functionality
- NorthStar – Improves Financial Management with Seamless Data Integration, Scenario Planning