XPCT takes planning solutions to the next level
XPCT is an agile platform which you can further develop and flexibly adapt to your unique forecasting and simulation requirements. Traditional planning solutions, in comparison, often have a more rigid framework. This may be helpful in supporting large-scale planning processes, but can cause issues when building scenarios.
Let’s say a currency rate or variable cost (i.e. a parameter and/or a cause-and-effect relationship) changes in the system. XPCT quickly identifies where and how the effects of this change will take place – without having to consider the effects on other planning and forecasting processes.
There are also significant differences in terms of functionality. A typical planning solution has highly standardized functions such as allocations, success and financial planning logic, currency conversion, etc. Individual requirements such as forecasting can be implemented to an extent using MDX.
XPCT utilizes an open connection to R and other open source standards to support cutting-edge methods such as forecasting via neural networks.
When users need an agile response to their requirements, they often fall back on the spreadsheets where they can model predictors by linking cells in a flexible, easy setup. Spreadsheets, however, only provide a quick fix. Aside from the risks related to their structural weakness, these models quickly become complex and rigid as well. Unlike a classic Excel solution, XPCT powers simulations on complex corporate structures.