How to use Abacum's AI Forecasting?

How to use Abacum's AI Forecasting?

How to use Abacum's AI Forecasting?

Abacum Intelligence brings forecasting into the modern era. Instead of relying on guesswork or spending hours building formulas, finance teams can now generate accurate predictions with a single click. By analyzing your historical data, Abacum’s AI Forecasting provides instant insights that help you budget with confidence and adjust plans faster.

With Abacum's AI forecasting solution, you can:

  • Generate forecasts instantly without complex formulas, manual calculations, or time-consuming spreadsheet work

  • Leverage historical data patterns to predict revenue trends, operational costs, headcount growth, or any key financial variable

  • Plan with confidence using AI-powered predictions that you can preview, validate, and apply to your models in seconds

Step-by-Step Guide to AI Forecasting

1. Open Model Builder

Start with your existing forecast model in Abacum's intuitive Model Builder interface. This centralized workspace allows you to access all your financial planning tools and AI forecasting features in one location.

2. Select Your Variable

Choose the specific metric you want to forecast using AI forecasting technology. Whether you're predicting revenue growth, monthly expenses, headcount expansion, or other critical financial variables, the AI can analyze patterns across multiple data points.

3. Activate the AI Forecast Assistant

Let Abacum's advanced AI forecasting engine instantly analyze your historical data patterns, seasonal trends, and growth trajectories. The AI forecasting algorithm identifies correlations and generates intelligent predictions based on your company's unique financial history.

4. Preview and Apply Your AI Forecast

Review the AI-generated forecasting results through an intuitive preview interface. Once you're satisfied with the AI forecasting accuracy and methodology, apply the predictions directly to your financial model—eliminating the need for manual formulas, complex calculations, or time-consuming updates.

TL;DR

Abacum's AI forecasting revolutionizes how finance teams approach financial planning by eliminating manual calculations and delivering instant, data-driven predictions.

With just four simple steps - opening Model Builder, selecting your variable, activating the AI Forecast Assistant, and previewing results - you can transform historical data into accurate forecasts that drive confident decision-making.

This powerful AI forecasting technology empowers finance leaders to plan strategically while saving countless hours previously spent on complex spreadsheet formulas.

Forecast easier than ever with Abacum Intelligence
Forecast easier than ever with Abacum Intelligence
Forecast easier than ever with Abacum Intelligence
Video Details

Duration:

00:50

Product:

Abacum Intelligence

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Abacum Intelligence

Video Details

Duration:

00:50

Product:

Abacum Intelligence

Use case:

Abacum Intelligence

Video Details

Duration:

00:50

Product:

Abacum Intelligence

Use case:

Abacum Intelligence

For all the decisions you need to make.

For all the decisions you need to make.

For all the decisions you need to make.