The EY Intelligent Forecasting and Scenario Modeling Solution is an AI forecasting engine, which leverages machine learning to address a wide range of business planning needs and challenges across an enterprise.

Powered by innovative Microsoft technologies, the solution permits organizations in any industry to create highly accurate and largely automated financial, demand and other forecasts in a fraction of the time it takes now.

It also allows organizations to model a very large number of scenarios reflecting changes in key market and economic indicators so they can more effectively plan for and manage through uncertainty.

EY Intelligent Forecasting and Scenario Modeling can either be configured to work with an organization’s existing systems or delivered by EY professionals as a service.

Solution benefits

The EY Intelligent Forecasting and Scenario Modeling Solution helps enable companies to quickly create accurate forecasts and develop scenario models so they can adapt and respond to business disruption and develop an informed recovery strategy. The solution empowers companies to:

• Improve forecast accuracy and timeliness
• Rapidly change assumptions
• Remove human bias from the forecast
• Incorporate a wide, diverse range of internal and external data sources for a more holistic view of the business
• Gain visibility into causes of forecast variances
• Make faster, more timely and more informed business decisions