Predictive analytics software for planning, budgeting and forecasting

What are the artificial intelligence and machine learning must-haves for the office of finance? Predictive analytics is the hottest technology to hit the office of finance since Excel. These software solutions use artificial intelligence and machine learning to identify correlations across disparate data types and produce predictions based on underlying trends. The technology has the power to give organizations the ability to anticipate and change the future.

And yet, not all predictive analytics solutions are created equal. Some are a black box that provides no transparency into how the machine arrived at its predictions. Others require a hired data scientist to shape predictive models and interpret results. You want a solution that’s pre-built, transparent, accurate, and easy for finance to use.

To help you choose the best predictive analytics solution for your finance team, we created this handy checklist. Use it when comparing predictive analytics solutions for planning, budgeting, and forecasting.

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