About Avercast

Avercast Forecasting & Demand Planning Software is a cloud-based inventory and sales forecasting solution designed to help small, mid-sized and large enterprise level businesses analyze their historical sales and forecast future demand. Avercast generates forecasts utilizing 208 forecasting algorithms running through a backcasting process that incorporates machine learning and artificial intelligence. Avercast facilitates top-down, bottom-up and middle-out forecasting capabilities. Avercast software automatically chooses the best-fit forecast for every SKU, product family grouping, sub-groupings, total business or any other level of data hierarchy designated. Avercast also allows for easy forecast adjustments, promotions management, extrinsic (regression) factor analysis, ABC analysis, safety stock calculations and container optimization. Avercast allows you to collaborate/communicate with vendors overseas and sales professionals through secure web portals and smart devices. Avercast integrates with every major ERP and CRM software system. Custom reports and enhancements come standard with an Avercast license subscription. Avercast has personnel and customer support centers in every major time-zone around the world to facilitate localized customer support. Avercast software currently supports 12 languages and all world currencies.
Avercast Software - Forecasting Dashboard
Avercast Software - Demand Planning Dashboard
Avercast video
Avercast Software - Forecasting Dashboard - thumbnail
Avercast Software - Demand Planning Dashboard - thumbnail

Avercast pricing

Avercast does not have a free version but does offer a free trial. Avercast paid version starts at US$1,000.00/month.

Starting Price:
US$1,000.00/month
Pricing Details:
Contact Avercast for pricing information.
Free Version:
No
Free trial:
Yes

Alternatives to Avercast

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain...

INTUENDI

INTUENDI is an innovative Demand Planning and Inventory Optimization platform that uses AI technology to effectively...

AGR Dynamics

AGR Dynamics is a supply chain management solution, which assists small to large retailers and wholesalers with...
QT9 ERP is a highly-scalable manufacturing platform for connecting and automating business data from multiple systems...
StockIQ is a supply chain management (SCM) suite for distributors and manufacturers of all sizes. The solution is...

Acumatica Cloud ERP

Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new...

Avercast Reviews

Feature rating

Value for Money
5
Functionality
4.5
Ease of Use
4.5
Customer Support
5
5 reviews of 16 View all reviews
Pranav G.
  • Industry: Cosmetics
  • Company size: 201-500 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 09/05/2018

Easy to work as they completely understand our business requirements and provides best...

Pros

Avercast can be customized as per organization's needs and serves as one-stop solution for efficient Supply Chain. With thousands of fast moving SKUs we are able to manage the forecasting and planning in literally minutes with customized reports. What really makes a business different, apart from functionalities, is the service it provides to it's customers and the value it adds. As a customer, working with Avercast for over a year, we have been extremely satisfied with the service and state-of-the-art functionalities which the software brings along.

Cons

I would like to see an increase in the frequency of online webinars they currently hold, which not only encourages us to share best practices, with other organizations, but also acts as a medium to adapt to one.

Response from Avercast

Pranav, thanks so much for the accolades! We are glad the customization of Avercast has been useful to you and your team. Great to hear you rely on Avercast to manage forecasting and planing and even greater to hear that you can do it in minutes.

Great suggestion to have more webinars. We are planning one in the next few weeks so keep an eye on your e-mail.

Thanks again for your kind words. It is great working with you as well.

Replied 17/05/2018
James R.
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

4
Reviewed on 01/05/2018

The Avercast program has many features that I use on a daily basis. Once I understood how the...

Pros

Avercast gives you the ability to make forecast plans and events on several levels. It allows you to not only plan demand at the SKU level, it has the ability to roll that demand up to different levels, allowing you to get a high level view of the total demand and overall trends. The built in forecasting methods are a covenant when you want to automate some of your forecasting. The data extract and import modules are very convenient when you are maintaining your items, or updating a large number of forecasts at one time. The program overall has helped us reduce our overall inventory levels, as well as helped us gain better access and visibility into our supply and forecasting plans.

Cons

Because Avercast has so many built in fuctions, and the Avercast team continues to improve the functionality of the program, one of the difficulties that we see are, whenever there is a new version roll out there are several customizations that we have built into our version that need to be rewritten and rebuilt into our new versions in order for our program to run correctly again.

Although the use of built in forecasting methods makes forecasting convienant, it is often difficult to know which forecasting algorithms are being applied to the forecast and what data they are being derived from. It would be nice if Avercast gave you an idea of what forecasting methods are being applied and how to interpret the out put of those forecasting algorithms.

Response from Avercast

Thanks for the review James! We appreciate your business over the last few years. We're glad you like the features of our demand planning software and are glad you have been able to reduce overall inventory. We are working to provide better documentation for our custom enhancements.

Feel free to give us a call or an e-mail with any questions you have in the mean time. Thank you again for leaving such a great review.

Replied 14/05/2018
Daniel W.
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
4

4
Reviewed on 07/06/2018

It is a great tool to view & track inventory

Pros

Easy to use & to review the data, exporting of data is also user friendly.Easy to view inventory by category, by dollar , by group

Cons

Not that easy to make adjustments & keep the adjustments

Response from Avercast

Thanks for leaving this review, Daniel. We are happy to hear you find Avercast easy to use. Please reach out to our office if you have any questions or suggestions for additional features. Thanks again for taking time to leave this review!

Replied 12/06/2018
Jim B.
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 13/07/2018

Great Planning Software for Manufacturing

Great Customer Support. Enhancement requests heard at the annual customer conference. Assurance that the best plan is being implemented by the system which saves us time and money annually.

Pros

We have been using Avercast for 4-5 years now, and the improvements from our old methods to this have been very noticeable.

Given the wide range of algorithms the system uses and not to mention the ease of use, whether you are a roll-up or top-down planning company, Avercast adapts to your business needs. More importantly, because of Avercast our team is allowed to focus our time on outliers in the system. When you are a very SKU intense organization like we are, time management is everything.

I think the biggest gain with Avercast though is the customer support you receive with the software. There's no helpdesk email or portal system. We simply call the office and speak right with their developers; a huge win in our opinion.

Cons

The only thing that needs improvement, in our opinion is the user interface. With Avercast being an SQL based program, it still resembles one on the front end. Given the enhancements in technology each day, it would be great to see the Avercast software get a new face lift.

Don't be fooled though. The dated design in no way reflects the capabilities of the calculations and processes that the software uses. We don't care how dated the front end looks as long as the information is accurate and correct.

Molly R.
  • Industry: Consumer Goods
  • Company size: 51-200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 01/05/2018

Avercast's tool is already robust, but they are next level when it comes to cutting edge...

We've not only seen generous financial gains from the reduction of excess inventory as a by product of implementing the software but also a major improvement in our processes, collaboration, and general understanding of our mission as planners for the company. Our team now spends the appropriate amount of time analyzing the data, putting into practice the adage of "work smarter, not harder." Avercast is the tool that will allow our company sustainable growth for decades moving forward.

Pros

Flexibility, customer service, openness and follow through to develop enhancements, consistent and easy implementation, quick ROI

Cons

I have little to no complaints, this should be a software solution that is on everyone's list when considering purchasing a demand planning software system.

Response from Avercast

Thank you for your kinds words, Molly! We appreciate your loyalty to Avercast during your time using the software. We're thrilled our software has helped you see generous financial gains. We know it can be daunting to find a software that works well for managing demand in your company and we are glad you trust Avercast to do that. Let us know if you have any questions or need support from our staff. Thanks again for leaving such a great review.

Replied 07/05/2018

Related categories