AI-Powered Planning & Forecasting

Use of SensibleAI™ Forecast does not require in-house data scientists or someone who understands machine learning. However, if you do have a data scientist or someone who understands AI, there are advanced capabilities in SensibleAI Forecast that can be utilized depending on their use case.

SensibleAI Forecast is designed to provide the most sophisticated forecast from the historical time series data supplied
customers. Here are a few examples of how SensibleAI Forecast can be applied across various planning processes
and use cases:

• To support strategic planning processes, many organizations create 3 or 5-year (or more) forecasts to provide greater clarity of vision and roadmap to support intent of the company, identify strategic choices, ensure clear direction and drive competitive growth.
• To help model strategic plans, organizations may share 5 years of monthly history or 60 historical data points with SensibleAI Forecast.
  • Using these 60 data historical data points, SensibleAI Forecast will create a statistical forecast model using a single variable (e.g., univariate model) for deployment across OneStream.
• To support Annual Operating Planning (AOP) or forecasting processes, organizations typically require their lines of business to translate “top-down” financial goals into granular, “bottom-up” monthly plans across product categories, sales channels and customers which can result in hundreds of forecasts.
• To help model granular bottom-up plans for the AOP or forecasting, organizations may share 150-250 historical monthly data points with SensibleAI Forecast.
  • Using these 150-250 historical monthly data points, SensibleAI Forecast is capable of:
    • Ingest and enrich the source data with external macro-economic data.
    • Automatically generate features and select the most influential variables for modeling.
    • Automatically compare and contrast predictive models such as ARIMA / SARIMA methods in the model arena.
    • Automatically cycle through and surface the highest performing model types across all forecast targets for deployment across OneStream.
• To support daily or weekly Demand Planning and/or Sales & Operations Planning (S&OP), organizations typically require their demand planners, business analysts and/or finance business partners to create granular, product and location level forecasts aimed to guide tactical staffing, procurement, logistics and inventory management decisions.
• To help model daily or weekly demand plans, organizations may share 250+ historical data points with SensibleAI Forecast.
• Using 250+ historical data points, SensibleAI Forecast will unlock the full potential of advanced AI modeling capabilities including:
  • Ingest and enrich the source data with external macro-economic data.
  • Incorporating unique business intuition related to events, promotions, and holidays that are known to influence forecasts through SensibleAI Forecast’s event builder.
  • Automatically generate features and selecting the most influential variables for modeling.
  • Automatically compare and contrasting ML methods in the model arena.
  • Automatically cycle through and surface the highest performing model types across all forecast targets for deployment across OneStream.

It could be if you are a OneStream SaaS customer with a use case that matches the current capabilities. SensibleAI Forecast provides time series forecasting capabilities with a strong focus on daily, weekly and monthly demand planning and other use cases for FP&A and operational teams across numerous industries. Based on the amount of historical data provided, SensibleAI Forecast can provide a range of predictive or AI models that are ready to be leveraged across your organization and in virtually every industry.