Vendo Launches New Data Tool: Forecasts

LUCERNE, Switzerland—Vendo, the AI billing company for subscription e-commerce, launched a new data tool called Forecasts.” The tool is built into the core of the new Vendo Data Tools. It enables users to see a machine learning generated forecast for all major KPIs, updated every 15 minutes.  “Forecasts were so difficult for me before. They took forever to create and were immediately out of date. I’d been flying blind. So, I just didn’t do them. I absolutely love this new tool! I’m using it daily,” said one Vendo client in the Vendo Data Tools beta program. He wanted to remain anonymous.   Vendo clients can see AI driven forecasts for revenue 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 forecasted 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 ecommerce experts with decades of combined experience. Similar tools are available exclusively in house at major internet companies such as Google, Facebook and Amazon. Vendo is making the tool available to all of its clients in the Vendo Data Tools beta program. To request access and to learn more visit VendoServices.com/forecasts.