Accessible artificial intelligence for integrated business planning
Accelerate time-to-value through the combination of the leading integration of your data sources with simple-to-adopt AIssist Planning Wizards that support high-value use cases for your business. Better forecast revenue, demand, cashflows, customer churn, and accelerate what-if analysis for your business.
Why AI is increasingly important to the finance organization
Management demands greater accuracy of forecasting and AI removes conscious and un-conscious bias within analysis. Teams need to achieve greater efficiency through optimization of resources and machine learning algorithms can quickly identify internal and external drivers that result in the greatest impact to the business. Practical AI solutions enhance collaboration across the business and free analysts’ time for higher-value activity.
What you can do with Jedox AIssisted™ Planning Wizards
Approachable, transparent, and on-demand machine learning supports decision-making. Quickly test your hypothesis, and make informed decisions based on the results. Traceable and transparent results explain how algorithms produce predictions you can trust.
Revenue forecasting
Analyze and clean large datasets. Identify drivers with the greatest impact to the business. Ultimately, evaluate and compare forecasts based on your confidence in the model and recognize risks and opportunities for different regions, products or customers. Get transparent results with best-case and worst-case scenarios.
Demand planning
Understand drivers of your business to optimize resource allocation to meet demand. Leverage historical data from your ERP and other business systems and train machine learning algorithms to your business specifics. Augment internal data with available third-party datasets to refine predictions based on commodity fluctuation, political risk, seasonality, and weather forecasts.
Customer churn predictions
Cluster customers and understand which drivers impact customer churn the most. Identify at-risk customers before they churn so you can implement mitigation strategies to keep them as paying customers.
Cashflow forecasting
Analyze and clean large datasets. Identify drivers with the greatest impact to cashflow. Make confident decisions about capital expenditures, investments, or expansion plans through and automated forecast of future cashflows.
How Jedox AIssisted Planning Wizards work for you
AIssisted planning is fully integrated into Jedox with no need to access third-party AI tools or transfer data for calculations. Empower everyone in the organization with an AI experience that is simple to use and works “out of the box” with your Jedox solution.
Data preparation
Clean data ensures proper output. Complete source data by filling gaps through interpolation. Ensure consistent source data with intelligent outlier detection. Expand source data using extrapolation.
Prediction
Time-series prediction, driver-based prediction and classification wizards help you analyze source data to predict likely groups based on drivers associated with that data. As new data is classified, the algorithms learn and get better at predictions. Automate continuous predictions to produce unlimited scenarios based on different parameters.
Insights
Simulate your business to give you better insights on internal and external drivers of your business. Easily create forecast scenarios with different drivers. Visualize source data and predicted results for easy comparisons.