Definition #
Time series analysis and scenario modeling for revenue, expenses, and market movements.
Key Characteristics #
- Monte Carlo simulations
- Sentiment analysis integration
- Regulatory change impact modeling
- Cash flow optimization
Why It Matters #
Improves forecast accuracy by 40% vs spreadsheets (Deloitte 2023).
Common Use Cases #
- Quarterly earnings predictions
- M&A scenario planning
- Currency risk management
Examples #
- Anaplan
- Adaptive Insights
- Prophix
FAQs #
Q: Data freshness needs?
A: Daily updates for trading models, weekly for strategic planning.
Q: SME accessibility?
A: No-code platforms like Vena Solutions enable finance team usage.