How to Stay Certain in Uncertain Times | Forecasting & Planning

A few years ago, Quantrix posted a blog entitled, How to Stay Certain in Uncertain Times. The blog discussed then current events, and the instability that might follow, highlighting the need for businesses to adapt during difficult times. The message conveyed in that blog is all the more relevant today.

At a time like this, it may seem that companies have little control over their futures. While the current climate certainly makes the future unclear, businesses can begin to regain control by creating forecasts. Forecasts take into account past, current and future conditions to produce reports about how the upcoming days, months or years might look. This allows businesses the ability to strategize and plan ahead. Software can help you forecast financial results, agricultural yields, and production output, just to name a few.

Quantrix Modeler is a software solution that can assist organizations in creating these forecasts. Bring together your data, add scenarios and audit/track all changes made to the model.

Forecasting can lead you in the right direction.

Dramatic shifts in the economy, like the ones we are experiencing today, leave businesses with a variety of questions. What is my financial outlook? What can we afford to do? And what changes to our business should be made?

Quantrix is a tool that can help businesses make decisions. With our software, modelers can create scenarios from a clean sheet. You are able to get a better understanding of your best and worst circumstances. With ‘one click,’ you can add new scenarios into your model to ask ‘what-if’ questions. Additionally, modelers have the ability to make changes to deep and sophisticated models. Let the speed and flexibility found in our multi-dimensional calculation engine assist you in this process.

If you are interested in creating a forecasting or planning model, please request a free trial, book a demo or contact us to find out more information.

These are difficult times. Let us know how we can help.

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