Prophecy™ is a comprehensive demand forecasting software designed to streamline and enhance the forecasting process for businesses. It integrates user-friendly demand forecasting, advanced statistical sales forecasting, predictive financials, trade promotions, and major customer planning into a single, cohesive solution. By replacing cumbersome spreadsheets, Prophecy™ offers a more efficient and accurate approach to demand planning, enabling organizations to implement a multi-user forecasting system swiftly and cost-effectively, typically within 10 days.
Key Features and Functionality:
- Hierarchical Forecasting: Allows forecasting at any hierarchical level, tailored to user security settings.
- Advanced Statistical Forecasting: Utilizes state-of-the-art R statistical methods to achieve optimal forecast accuracy without requiring statistical expertise.
- Comprehensive Analysis and Reporting: Enables analysis, reporting, and tracking of products by customer, measure, and time within a unified platform, with instant comparisons to previous forecasts, years, or budgets.
- Financial Impact Assessment: Extends volume forecasts into sales revenue and margin, providing immediate insights into the financial implications of forecast changes.
- Enhanced Productivity: Offers a user-friendly interface comparable to Excel but specifically designed for multi-user sales forecasting and demand planning, significantly boosting forecaster productivity.
- Real-Time Data Consolidation: Supports full multi-user, concurrent demand forecasting with instant, real-time data consolidation using a shared database.
- Rapid Implementation: Facilitates faster implementation at a lower cost, with new products, customers, and actuals data loaded automatically using reusable scripts.
- Proven Solution: Continuously developed over more than 20 years, ensuring a stable and mature forecasting tool.
- Seamless Integration: Integrates with systems like SAP, Microsoft Dynamics, Sage, and NetSuite through SQL queries or delimited text files and Prophecy Automation.
Primary Value and Problem Solved:
Prophecy™ addresses the challenges associated with traditional, spreadsheet-based demand forecasting by providing a robust, multi-user solution that enhances accuracy, efficiency, and collaboration. It empowers businesses to make informed decisions by delivering precise forecasts and real-time financial insights, ultimately driving better demand planning and resource allocation.
