What problems is IBM SPSS Statistics solving and how is that benefiting you?
IBM SPSS Statistics helps overcome the common problem of data scattered across multiple spreadsheets, where inconsistencies make analysis unreliable. By cleaning and consolidating this data into a single structured format, it ensures that financial and costing insights are built on a consistent and trustworthy base.
Forecasting for a costing strategy often suffers from over-reliance on assumptions and static models. SPSS addresses this by using predictive analytics, which tests patterns in historical data to project costs, revenues, and market shifts with far greater accuracy than traditional budgeting methods.
Many cost strategies fail to identify the real drivers behind changes in expenses. SPSS solves this through regression and factor analysis, uncovering the hidden variables that most influence cost behavior, enabling CMAs to focus attention and resources on the factors that truly matter.
Risk planning is another area where standard tools fall short, often leaving blind spots. SPSS counters this by quantifying risk probabilities and impacts, turning uncertainty into measurable figures, and supporting the development of well-informed contingency plans that align with long-term strategy. Review collected by and hosted on G2.com.