ForecastX Wizard is a software that makes detailed and accurate business forecasting easy it combines a powerful statistical forecasting engine with Microsoft Excel to give team an effective blend of forecast accuracy, ease of use, and flexibility.
ForecastX is such a great tool and is very easy to use without a lot of econometrics experience. It allows for quick forecasts using a variety of methods. It also gives you the R^2 front and center so you can easily determine of the forecast is statistically significant.
What do you dislike?
I can't think of anything I dislike about the software.
What business problems are you solving with the product? What benefits have you realized?
We have a lot of seasonality in our industry, and ForecastX does a great job at interpreting and forecasting in light of that. Much more realistic than averaging on an annual basis.
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