Trinity Life Sciences Enhances Cross-functional Forecasting Collaboration With Latest Trinity CloudCast Release
Upcoming “Virtual Lunch and Learn” Examines Ways to Unlock Forecasting Value with Trinity CloudCast’s Technology
Trinity Life Sciences, a leader in global life sciences commercialization solutions, announces enhancements to its cross-functional forecasting tool, Trinity CloudCast. Forecasting within life sciences companies is a collaborative exercise driving vital decisions that impact both the near- and long-term future of organizations in their entirety. CloudCast is an online solution that establishes structured data and information flows to support streamlined, confident business discussions. The application provides users with the option of working in an Excel file or editing on a web-based interface.
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“There is both a science and an art to forecasting”
Time and effort spent on common operational forecasting challenges take stakeholder mind space away from critical discussions on business dynamics. These operational inefficiencies can be mitigated—and ultimately business decision-making can be focused on the outcomes—by effective forecasting collaboration. The latest CloudCast release enables users to update forecast assumptions in the cloud and instantly visualize the effect of those changes on the forecast. Stakeholder alignment on forecast refinements is made easier and faster. Clients can rely on secure scenario management and comprehensive version control.
“There is both a science and an art to forecasting,” explained Susheel Sukhtankar, Partner and Head of Commercial Analytics at Trinity Life Sciences. “From long-range strategic forecasts to operational demand models, it is the integration of strategy, data, insights and analytics with cutting-edge technology that drives a rich, nuanced business story.”
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“Organizations are grappling with complex forecasting inputs, calculations and outputs, all of which need to be effectively communicated to internal and external stakeholders,” added Adrian Watson, Director of Forecasting at Trinity Life Sciences. “We built Trinity CloudCast to support all forecasting stakeholders and to provide an easily accessible ‘single source of truth’.”
A virtual Lunch and Learn featuring a demonstration of Trinity CloudCast on June 13 will explore collaborating on and updating models in the cloud, immediately adapting forecasts to stakeholder feedback and managing efficient stakeholder communications.
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