Year: 2025
Type: article
Abstract: The study investigates the utilization of SAP Analytics Cloud in revenue forecasting and its implications for strategic financial planning. By analysing the historical revenue data, this study observes the recurring revenue patterns and utilizes SAP Analytics Cloud to develop reliable revenue forecasts. The findings of this study highlight the importance of leveraging advanced analytical tools in financial decision making to provide insights into revenue trends, forecast future revenue performance with a ahigh confidence level of 95%. The study understand how external factors influences the revenue and suggest strategies to boost revenue in the context of oil market, including market analysis, product differentiation, operational optimization, and strategic marketing. Ultimately, this study emphasizes the importance of leveraging real time insights from SAP Analytics Cloud for informed decision making, cost control, enhanced profitability, and proactive adaptation to market dynamics.
Author: Swetha K
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409837120