LUCERNE, Switzerland — AI billing company Vendo has launched a new data tool called “Forecasts.”
According to the company, Forecasts is built into the core of the Vendo Data Tools and enables users to see a machine-learning-generated forecast for all major KPIs, updated every 15 minutes.
The move tool eases revenue forecasting for merchants, which was often time consuming and quickly made obsolete.
Vendo clients can see AI-driven revenue forecasts for the current day, month, quarter and year. Filters enable clients to forecast performance for any combination of shopper, product and moment. Additional KPIs that are automatically forecast include sign-ups, rebills, cancellations, chargebacks, refunds and active member counts.
The tool was developed by Vendo’s data science team in collaboration with subscription e-commerce experts and echoes in-house tools used by major internet companies such as Google, Facebook and Amazon.
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