Financial Forecasting Challenge Quarterly forecasting can be late as numerous divisions fail to submit their financial data on time leading to time overruns and stale data. Global financial data restrictions limit movement and sharing of some sensitive data prior to reporting periods. Delays in forecasts (and close) delay strategic decisions despite rapid changes in operating environments. Solution Devron deployed on data within different divisions to gain global insights without requiring data duplication or requiring divisional input for analysis. Keeping data local across international divisions reduced the cost of centralization and concerns around data compliance. Forecasting time can decrease by as much as 45%, enabling organizations to respond to financial trends before, rather than after, competitors.
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