How to Configure and Use the Algorithm Mode in Predict

Algorithm Mode in Predict to enhance AI-generated projections within planning templates. This feature allows users to choose from multiple algorithms by comparing  accuracy scores  to find the best one  for the  data pattern. 

Prerequisites

• At least 4 years of historical data is required to view the Algorithm Mode.

• Supported algorithms include:

  •  ETS (Auto) : Automatically selects the best exponential smoothing model to capture trends and seasonality in time series data.

  • XGBoost: A gradient-boosted decision tree algorithm optimized for speed and accuracy, handling complex nonlinear relationships.

  • RandomForest: An ensemble of decision trees that averages multiple predictions to reduce overfitting and improve accuracy.

  • Seasonal Naive: Predicts future values by repeating the last observed seasonal pattern without adjustments.

  • Theta: A statistical method that combines simple extrapolation and smoothing for robust, accurate forecasts.

  • Regression: Uses lagged values of the historical data as predictors to estimate future points.
    

How to Configure the Algorithm Mode

1. Navigate to Maintenance > Configuration Tasks > Planful: Predict.

2. In the Projections Configuration section, toggle Enable Algorithm Mode.

How to View the Algorithm Mode

1. Navigate to Structured Planning.

2. Select the desired Budget Entity and Template.

3. Right-click a cell and select Predict Projections > Algorithm Mode.

   • Alternatively, open it from the top toolbar via Predict > Algorithm Mode.

4. The Algorithms screen displays available models and accuracy metrics.

Available Actions in Algorithm Mode

Algorithm Mode with Accuracy Scores

• View a list of algorithms with corresponding accuracy percentage score 

• Select the model that best fits your data needs.

Graphical Output Comparison

• Toggle multiple algorithms on/off to compare results visually 

• Use this to validate results and improve planning accuracy.

Applying an Algorithm

1. Select the desired algorithm.

2. Click Update Template.

3. The selected algorithm will be applied to the projections in your planning template.