Prevedere, a leader in business performance forecasting, is now available to Microsoft Excel 2016 in Office 365 and Microsoft Power BI users, enabling enterprises to create more powerful, accurate forecasts that drive critical business decisions. Prevedere enables users to access millions of external data sets and leading industry indicators with forecasts to predict business performance, and align critical-business functions, including finance, logistics and marketing.
Prevedere’s powerful combination of predictive analytics and cloud computing makes it easy for companies to understand what external factors drive demand and determine future business performance. With the Prevedere content pack for Power BI, companies can visualize and create interactive reports detailing financial forecasts, top growth markets, global economic conditions, industry specific data, and weather patterns relevant to their businesses.
With the Prevedere Add-In for Office365 Excel Online, customers gain access to personalized financial information such as predictive models that are specific to their business, based on a combination of their own historical and external economic data, helping to drive business decisions with better insights. Available in the Office Store, the add-in for Excel gives companies access to Prevedere’s global data search engine. It then allows them to import that information easily and directly into Excel documents to accelerate existing planning processes.
“Most financial analysts use spreadsheets as their preferred tool for complex forecasting calculations,” said Chris Wheeler, director of partnerships and alliances at Prevedere. “It’s our mission to offer unprecedented forecast accuracy within companies existing processes and systems, which is why our collaboration with Microsoft is so key to enterprise users.’
Rob Howard, director of ecosystem, Microsoft Corp., said, “With Prevedere, our mutual customers benefit from meaningful forecasts and insights that have a direct impact on business performance. We are pleased to see Prevedere’s commitment to Microsoft.”
For more information about Prevedere’s Microsoft integration capabilities, click here.
A leader in business performance forecasting solutions, Prevedere is a predictive analytics company that is changing the way businesses predict and prepare for future demand. With external factors such as energy prices, consumer spending and currency changes often at the root of missed forecasts, Prevedere empowers enterprises to easily integrate these influences into their existing forecasting processes. By tracking and managing thousands of global sources on economic, environmental and consumer behavior data, Prevedere’s correlation engine accurately determines which factors are true leading indicators for company revenues, profits and even individual products, nationally and locally. By augmenting internal data with external predictive analysis, Prevedere’s clients see an average 50 percent reduction in forecast error and reduce time to insights as much as 90 percent, resulting in smarter, more profitable decisions in an ever-changing economy.
Named Innovation Enterprise’s FP&A Innovation Awards winner in Forecasting and Planning, Prevedere solves a critical void in business planning. To learn more, visit prevederesoftware.com and follow @Prevedere on Twitter.