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Financial Excellence 20XX - Next Generation Forecasting

CCH Tagetik Events
Online Event

19 March 2020 from 10:00 to 10:45

Timezone: Europe/Amsterdam

Forecasting is the basis for a good planning. Quality issues in the forecasting cannot be repaired by the planning process. However, not all forecasts are the same: Next to qualitative estimations there is also a large amount of quantitative methods, from simple trend calculation to complex statistical models, machine learning and even neural networks. But not only experts have difficulties to choose the appropriate one. Many influencing factors such as data basis, volatility, and causal dependencies complicate the selection. Hence, it is important to be able to use many different methods in order to get to the right conclusion. This cannot be provided by a simple spreadsheet. It is advisable to use professional tools in this case.

However, in order not to establish another stand-alone solution, a close integration with the planning tool is necessary. CCH Tagetik is open and allows the connection of many predictive analytics tools, especially open source solutions such as R or Python. We have therefore built some examples to illustrate the added value of such a platform and the basis for a significant improvement in forecasting.

In this webinar, you will learn how CCH Tagetik can be enhanced by modern forecasting methods.

Speaker: Prof. Dr. Karsten Oehler, Solution Architect, CCH Tagetik

Event Contacts

CCH Tagetik Marketing Benelux

+31 26 202 0109

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