Kansas DOT Case Study
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DOT manages and forecasts cash flow with Vanguard Predictive Planning
The Kansas Department of Transportation (DOT) wanted to build a forecasting system that would automate and streamline the spreadsheet-based system it had been using. Updating the interrelated spreadsheet model, originally created by an economics expert who worked for the department, was a six-week process — data were collected, manipulated, and formatted into a cash forecast using more than 20 interrelated spreadsheets and manually incorporated project data. Vanguard Predictive Planning was able to address the following requirements for the new system:
- An effective tool to manage and predict cash flow
- Overall program management, project bidding, and cash management decision support
- Support for a 10-year, $8 billion highway program
"Vanguard Software was able to improve our forecast accuracy by over 50%!"
Social media style communication feed allows users to collaborate across teams, even tag objects and people.
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Monte Carlo Simulation
Compare hundreds of scenarios in seconds. Generate forecasts with higher confidence levels and superior visibility into risk.
Gain visilibity and foresight with our easy to read, consumable analytics. Let our AI engine recommend next steps to ensure best practices.
Play with what-if scenarios in-memory. Feel confident about your next steps before committing plans back to the database.
Real-world modeling, flexibility and reliability are just a few of the benefits of an object-oriented database.