FC365: The Future of Pharma Forecasting
Developed by industry experts, FC365 cloud-based application is connecting business functions, unlocking a new era of pharma forecasting capabilities.
What is FC365?
In the fast-paced and ever-evolving world of pharmaceutical forecasting, having access to modern, high-performing tools is crucial.
FC365 is addressing the industry’s unique needs, empowering forecasting teams to work more effectively and efficiently. Implementation of this SaaS platform across many leading pharma is now streamlining processes and bringing efficiencies. Saving teams valuable time and resource. FC365 has been developed as a comprehensive solution to meet the need for a pharma-specific forecasting platform. It connects business processes whilst retaining the benefits of Excel-based models.
The pharmaceutical sector is unlike any other industry due to its complexity. FC365 is specifically designed for pharmaceutical forecasting, so out-performs other generic platforms designed for the differing types of forecasting across industries.
Whether forecasting for on-market brands or developing new pipeline products, by combining models with management processes, automation, and approval workflows, FC365 provides your forecasting team with a powerful and efficient tool for their forecasting needs.
FC365 users enjoy comprehensive support from a team of pharmaceutical forecasting experts, leveraging decades of forecasting experience and technical expertise. Quick access ticketing system ensures timely resolution of queries to keep you moving.
Easy Integration and
Traditional Excel-based forecast models have long been the preferred choice for forecasters due to their versatility and ease of use. However, challenges still exist, such as coordinating communication across teams, centralization of information, leveraging advanced visualization tools, managing potentially large files and implementing efficacy gains.
Recognizing the challenges of Excel while valuing its inherent strengths, FC365 is unlocking a new era of forecasting capabilities. Developed by industry experts, significant investment has been made in overcoming the challenges found when using Excel alone as a forecasting tool. FC365 keeps the familiar and flexible functionality associated with Excel models at the core, distinguishing it from other solutions in the market.
It’s well known that moving the entire forecasting process into the cloud can create problems around flexibility, usability, and familiarity. FC365 overcomes this within its design, to provide a place where forecasters can work independently, with familiar tools, and gain efficiencies. Unlike other cloud-based solutions that are based on large, inflexible database systems, FC365 provides forecasters with a familiar environment while supercharging it with additional functionalities. This approach ensures a seamless transition during implementation, minimizing the learning curve and maximizing productivity.
Implementation of this SaaS platform across many leading pharma is now streamlining processes and bringing efficiencies, saving teams valuable time and resource.
forecasting in FC365
Leveraging Microsoft technologies, FC365 cloud-based platform can be effortlessly integrated into Microsoft Teams, a widely adopted collaboration platform within pharma. This integration enables users to access FC365 within their daily activities, ensuring a smooth and streamlined experience. However, FC365 can also be accessed via the web, accommodating users who prefer an alternative set up. The platform employs app-based design philosophies, emphasizing ease of use, intuitive navigation, and clear icons for performing actions. Making it accessible to users of all skill levels. The modular design means it combines seamlessly with any Excel-based model, whether a client’s own, our flexible FC+ software add-ins or a J+D custom-built model. Within the platform, users can modify existing models or build new models with ease. So the modeling of any disease can now be done in a fraction of the time.
By seamlessly integrating data from various sources and eliminating manual tasks, FC365 frees up your team to focus on strategic decision-making and driving business growth. In the pharmaceutical industry, where sensitive and confidential information is at the core of forecasting, data security is of utmost importance. FC365 recognizes this and sits within your IT systems, eliminating the need for data transfer to external servers. By keeping all data securely within your environment, FC365 ensures complete control over your valuable information. Moreover, FC365 enhances security by anonymizing certain data elements, so you can confidently manage your forecasts, knowing that your data privacy is protected.
An integral aspect of FC365 is its inclusion of analytics within the platform. Gone are the days of disconnected models and separate analytics tools. FC365 delivers the insights needed for the forecasting process. Powerful visualization tools bring analytics to the forefront, embedded within the same space as the forecast models and management processes. This integration allows for real-time updates and synchronization between forecast models and analytics. Whether you are updating a model or creating new scenarios, a few clicks ensure that analytics reflect the latest changes. FC365 empowers pharmaceutical companies to generate a variety of reports. From standard PowerPoint presentations to detailed analytic reports for day-to-day forecasters, and summary dashboards showing KPIs to satisfy senior management needs. All effortlessly connected to the underlying models. With FC365, you can gain valuable insights and make data-driven decisions with ease.
Powerful visualization tools bring analytics to the forefront, embedded within the same space as the forecast models and management processes.
Embrace the Future of
J+D will continue to push the boundaries of what’s possible in cloud-based forecasting. With access to the latest technology advancements, plus an innovative roadmap to develop additional functionality to meet client needs, FC365 will be the go-to application for pharmaceutical forecasting. The integration of AI into the FC365 platform presents exciting opportunities to create a self-service environment for user independence. Chatbots and virtual assistants providing quick access to summarized information; AI algorithms generating customized models – anything is possible.
By training AI models to analyse vast data sets and identify the main drivers for success, we can create more accurate and reliable predictive models. Clients can make better decisions around new product development and optimise launch strategies for maximum impact. With the ability to integrate data from a wide range of sources, including business reports and business intelligence databases, we believe we can reinvent approaches to pharmaceutical forecasting.
Don’t settle for outdated forecasting tools that hinder your ability to thrive in a competitive market. Embrace the power of FC365 and take your pharmaceutical forecasting to a new level. With FC365, you can leverage Excel’s strengths while benefiting from advanced features, seamless integration, and enhanced security. Experience streamlined processes, improved accuracy, and gain valuable insights to make informed decisions.
The future of pharmaceutical forecasting is here, and it’s time to embrace it with FC365. Revolutionize your forecasting capabilities and propel your business forward in the dynamic world of pharmaceuticals.
Regional Manager, EMEA, Bayer
Senior Director, New Product Commercialization, Top 10 Pharma Company
Senior Director, New Product Commercialization, Top 10 Pharma Company
Author: Andrew Ward
Consulting Director at J+D Forecasting. An expert in the pharmaceutical analytics space since 2002 and leading a consultancy team in delivering forecasting solutions including software application development at J+D since 2014.
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